In our latest FUTR video, Bryan asks his AI Agent to review his insurance only to discover he’s overpaying for coverage on his Dodge Caravan.

Sound familiar? For most of us, it is.

For many, insurance for your car or home feels like a one-and-done task, you sign up for the policy you think you need and never look back.

But that peace of mind can quickly become costly when you don’t fully understand your coverage or how your policy changes over time.

According to a recent report by the C.D. Howe Institute, Canadian consumers pay significantly more for insurance than their international peers. This is largely attributed to provincial regulations and limited competition in the market.

On top of that, everyday barriers make it even harder for Canadians to find better rates:

• Policies are complex and difficult to understand and compare.

• Obtaining quotes is time-consuming.

• People are hesitant to risk switching providers.

As a result, Canadians could be paying hundreds more each year than they need to.

That’s where AI comes in.

Instead of manually comparing rates or reading dense policy documents, Bryan’s FUTR Agent analysed his existing policy, explained what affected his premium, and found a better offer. All within seconds.

FUTR’s goal is to help empower you with clarity, control, and smarter choices. FUTR Agents are built with privacy in mind, your sensitive data,  like insurance history or financial details,  stays encrypted and under your control.

That means you can get the benefits of AI without giving up your security.

Insurance doesn’t have to be complicated or costly. With the right tools and transparency  Canadians can save money, understand their coverage, and make smarter decisions.

YOUR data. YOUR money. YOUR FUTR.

References: 

C.D. Howe Institute. (2024, June 4). Canadian consumers paying more for insurance than their international peers. C.D. Howe Institute. https://cdhowe.org/publication/canadian-consumers-paying-more-insurance-their-international-peers/