Several Canadian insurers offer a modest discount, or more favourable claims handling, to drivers with a dashcam installed. Policies vary a lot by insurer and by province, so it's always worth confirming the exact terms directly with your provider.

Why Insurers Like Dashcams

Dashcam footage cuts down on disputes over fault, which saves insurers time and investigation costs. Some treat a dashcam as a sign of a safety-conscious driver and factor that into pricing or claims handling.

The Discount Varies Widely by Company

Some insurers offer a direct discount in the 5-10% range; others don't discount premiums but move faster or lean in your favour on fault determination when footage is available. It's worth comparing a few insurers' dashcam policies before you commit.

What You'll Need to Claim It

Most insurers just want proof of installation — a photo, the model name, and a receipt. Ask your agent at renewal time exactly what's required so you're not scrambling later.