Sonnet Review

Sonnet Review

Written by Caitlin Wood
Last Updated June 29, 2021

Sonnet is an online insurance provider that offers affordable home and auto insurance policies. The company has adopted an online-only model, providing Canadians looking for insurance with easy access to an online portal to find and apply for an insurance policy. 

Sonnet is Canada’s first entirely online insurance company. Within a few minutes of answering some pertinent questions, consumers can customize their coverage and purchase a policy securely online. The portal can be accessed around the clock to manage accounts, access policy documents, and more. 

Let’s take a closer look at Sonnet to see how this online insurance company can help you find the best rate for the insurance policy that you need. 

How Does Sonnet Work?

Sonnet publishes quotes to help you find the best rate for home and auto insurance policies. Getting a quote is easy. Just follow these simple steps:

  1. Choose the type of insurance policy you’re interested in.
  2. Answer some questions. Sonnet will guide you through a series of questions to help you arrive at an accurate quote for the policy you request.
  3. Select the level of coverage you’re looking for. For instance, if you’re looking to take out a car insurance policy, you can choose between liability, comprehensive, or collision coverage. 
  4. Customize your coverage to make sure your policy is suitable for your needs. 
  5. Lock in your rate. Once you’ve found a policy and quote that you’re comfortable with and is suitable for you, secure your rate. There will be no hidden fees or surprise changes to the rate you’ve been quoted.

Types of Insurance Sonnet Offers

Sonnet offers the following types of insurance:

Car Insurance

An auto insurance policy is mandatory in Canada and is designed to legally and financially protect you if you are ever involved in an accident. It’s mainly used to offer you financial protection against any damage to another person’s car or bodily harm to another driver or passenger. 

Auto insurance also protects you against any potential litigation in which you were deemed at fault for the damage to another person’s car or harm to another individual. 

Check out why third-party auto insurance is mandatory when getting auto insurance.

That said, you can get more comprehensive coverage that will also cover the costs of repairs to your own vehicle, as well as medical costs incurred if you are ever harmed in an accident. While liability coverage is the basic type of coverage that’s mandatory, you can also increase your coverage by choosing collision or comprehensive coverage.

Home Insurance

While not legally necessary, your lender may require that you have a home insurance policy in place before you are extended a mortgage to finance a home purchase. 

Home insurance is a type of insurance policy that covers a private residence against damage or theft. It also protects many of the contents within the home and also provides protection against liability if anyone is ever harmed while on the property.

Tenant Insurance

Also known as “renters’ insurance,” tenant insurance provides some of the protections offered in a home insurance policy but doesn’t include coverage for the actual structure of the home or building. Instead, tenant insurance is meant to provide coverage for the belongings of the resident. The structure and all common areas should be covered by the landlord’s insurance policy.

Condo Insurance

Condo owners are encouraged to purchase condo insurance, which covers the inside walls of the condo unit, as well as your belongings if they are ever damaged or stolen. The building will be insured under the condo corporation’s insurance policy.

Pet Insurance

Every visit to the veterinary’s office is costly. There’s no free public medical plan for animals as there is for humans. And some of the treatments and procedures that are required to maintain our pets’ health can be incredibly expensive. 

To alleviate these out-of-pocket costs, pet owners can choose to take out a pet insurance policy that covers at least part of veterinary treatment if your pet is ever ill or injured. Sonnet is affiliated with its recommended pet insurance company, Petsecure, to provide coverage for wellness checks, dental appointments, accidents and illnesses, and more.

Ways to Save in a Sonnet Insurance Policy

Sonnet offers discounts in a variety of situations, including the following:

  • Multiple vehicles. Insuring more than one car may qualify you for savings on your auto insurance premiums.
  • Multiple properties. If you own more than home, insuring all of them under Sonnet can afford you with lower premiums. 
  • Bundled policies. Reduce your premiums by holding more than one type of policy with Sonnet. 
  • Group discounts. Certain groups and professionals may be eligible for exclusive savings.
  • No claims. A clean history with no claims could mean more savings. 
  • Clean driving record. Good drivers will be rewarded with lower premiums. 
  • Winter tires. Staying safe on the road often means saving money on your policy. 
  • Retirees. If you’ve made it to retirement, you may be entitled to a discount on your policy. 

How to Qualify For Insurance Through Sonnet 

Certain conditions must be met in order to be eligible for insurance coverage. The exact conditions will depend on the type of insurance you’re applying for. 

For instance, if you’re looking for a home insurance policy, the home may have to meet certain criteria in order to be deemed insurable. Some cases may exclude a home for coverage if it contains specific elements, such as outdated knob-and-tube wiring or lead plumbing pipes. 

There will be certain criteria to be eligible for auto insurance as well. For example, if your car is in poor condition or you have a long track record of infractions or filed claims, you could be denied coverage.  

How Much Does It Cost To Get Insurance With Sonnet?

The cost of insurance will vary depending on the type of policy you’re looking to take out as well as your personal profile. In order to give you an accurate rate quote, your insurance provider will base their calculations on a variety of factors, including the following:

  • Policy type
  • Your age
  • Your gender
  • Your job
  • Your location
  • Your marital status
  • Your claims history

Specific policy types will also look at more detailed factors to determine an accurate quote:

Car insurance – Information about your vehicle will be required, such as its make, model, age, and condition. Your driving history will also play a role. If you have a history of speeding tickets, for instance, then your premiums will be higher. 

Home insurance – Details about your home will be taken into consideration before a quote is given, such as the type, age, and condition of the home. The materials used for construction and any renovations made will also be considered. 

Pros and Cons of Using Sonnet Insurance


  • Affordable. Thanks to Sonnet’s virtual presence, there is not as much overhead compared to traditional brick and mortar companies. As such, Sonnet can pass its savings onto its clients. 
  • No changes in initial quote. The quote that you’re given from the get-go after inputting all the pertinent information required will not change. The premium you pay is precisely what you were initially quoted without any unpleasant surprises.
  • Mobile app. You can check your policy on the fly thanks to the Sonnet mobile app. 
  • Convenience. With an online portal, you can search for a policy with a few simple clicks of your mouse. 


  • No live chat. It’s helpful to be able to speak to someone quickly if you have any questions, and a live chat feature can be handy. Unfortunately, Sonnet currently does not offer a live chat feature. 
  • Not available all over Canada. Right now, Sonnet is only available to residents of Ontario, Alberta, Quebec, New Brunswick, Nova Scotia, and PEI. 

How Will I Receive My Benefit?

If something happens in which you require financial compensation, you can file a claim with Sonnet. As long as you have been keeping up with your premium payments, you will be covered and should receive adequate compensation according to the contract details of your policy. 

The way in which you receive a payout from your insurance plan will depend on the type of policy you’re filing a claim under. For instance, if you have been involved in a car accident or your home has been damaged or has had some of its belongings stolen, you can file a claim to receive compensation to cover your losses. 

You will first need to pay a deductible, which must be paid to the insurance company before the policy kicks in and provides a payout. You may also need to supply proof of damage or loss, which you can do with photos and receipts. An insurance agent may also visit your home to verify the damage caused prior to any financial compensation being provided. 

For a pet insurance payout, the process is relatively the same. You will need to file a claim along with receipts from a veterinarian. If your claim is approved, payout will be provided after the year’s deductible has already been paid. 

Where is Sonnet Insurance Available in Canada?

Currently, Sonnet is available to residents in Ontario, Alberta, Quebec, New Brunswick, Nova Scotia, and PEI.

Overview of Sonnet 

Provinces OfferedOntario, Alberta, Quebec, New Brunswick, Nova Scotia, and PEI
Types of Insurance PoliciesAuto Insurance, Home Insurance, Condo Insurance, Tenant Insurance, Landlord Insurance, Pet Insurance
AccessibilityAll online or via mobile app
Bundle DiscountDiscounts are offered when bundling insurance products

Is Sonnet Insurance Right For Me? 

Sonnet offers a convenient way for Canadians to quickly find an insurance policy to protect their home and vehicles. Sonnet has simplified and streamlined the process of finding and applying for an insurance policy. If you like the idea of accessing an insurance quote entirely online, then Sonnet is right for you. 

Final Thoughts

The process of finding an insurance provider and choosing the right policy at the lowest rate can be a daunting one. But Sonnet takes the sting out of finding an insurance policy that fits well within your budget. Within a few short minutes, you can get yourself a detailed quote for a specific insurance policy and apply online from the convenience of your home.

Caitlin is a graduate of Dawson College and Concordia University and has been working in the personal finance industry for over eight years. She believes that education and knowledge are the two most important factors in the creation of healthy financial habits. She also believes that openly discussing money and credit, and the responsibilities that come with them can lead to better decisions and a greater sense of financial security. One of the main ways she’s built good financial habits is by budgeting and tracking her spending through the YNAB budgeting app. She also automates her savings so she never forgets to put aside a portion of her income into her TFSA. She believes investing and passive income is key to earning financial freedom. She also uses her Aeroplan TD credit card to collect Aeroplan points so that she can save money when she travels.

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