{"id":24464,"date":"2025-11-21T15:15:06","date_gmt":"2025-11-21T15:15:06","guid":{"rendered":"https:\/\/insurance-canada.ca\/?p=84395"},"modified":"2025-11-21T15:15:06","modified_gmt":"2025-11-21T15:15:06","slug":"canadians-would-rather-build-furniture-sit-in-traffic-or-do-their-taxes-than-check-insurance-policies-for-savings","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/11\/21\/canadians-would-rather-build-furniture-sit-in-traffic-or-do-their-taxes-than-check-insurance-policies-for-savings\/","title":{"rendered":"Canadians would rather build furniture, sit in traffic, or do their taxes than check insurance policies for savings"},"content":{"rendered":"

\u201cWould You Rather\u2026?\u201d<\/em> TD Insurance survey reveals three-quarters of Gen Z and Millennial Canadians avoid reviewing their policies, overlooking possible savings<\/h3>\n

Toronto, ON (Nov. 21, 2025) \u2013 Canadians are hustling harder than ever to stretch their budgets, but when it comes to saving smarter, many are missing out. A new survey from TD Insurance reveals a surprising blind spot: only one-in-four Canadians (24 per cent) <\/b>have reviewed their home and auto insurance policies for potential savings this year, though many could be eligible for discounts or savings.<\/p>\n

The poll found that not only are Canadians overlooking opportunities to save on their insurance, they often turn to a host of other unpleasant options rather than review their policies. More than half (52 per cent)<\/b> say they would rather assemble furniture than review their home or auto policies, while others would sooner delete their favourite social app or mobile game (57 per cent)<\/b>, call their boss \u201cMom\u201d (45 per cent)<\/b>, do their taxes (43 per cent)<\/b> or even sit in traffic (37 per cent)<\/b>.<\/p>\n

Younger Canadians are particularly likely to avoid reviewing their insurance coverage, with three-quarters of Gen Z (76 per cent)<\/b> and Millennials (74 per cent) <\/b>respondents saying they avoid reviewing their home or auto policies, compared to 57 per cent<\/b> of Canadians.<\/p>\n

Nearly all Gen Z (93 per cent) <\/b>participants said they hesitate to contact their insurance provider about savings, far more than the general population (77 per cent).<\/b> The reason? 34 per cent<\/b> say they simply dislike \u201cadulting.\u201d<\/p>\n

\u201cWe know Canadians work hard and are feeling stretched financially.  That\u2019s why we want to make them aware of the many ways they could save on their insurance,\u201d said Bruno Jauernig, Vice President, Executive Journey Product Owner, TD Insurance. \u201cBeing more informed about insurance options can help our clients feel more financially resilient, protect what matters most and discover new ways to save money.\u201d<\/p>\n

The savings struggle is real<\/b><\/h4>\n

Despite their best efforts, just over half (58 per cent)<\/b> of Canadians admit they are tired of worrying about budgeting and feel finding ways to save takes up too much time. The survey found many households are resorting to time-consuming measures or sacrificing daily pleasures to save money:<\/p>\n