The best policy is a customized one, a policy that is tailored for you and your insurance needs. One of the best and most important ways to save money on your insurance is to shop around. In this article, we will present the three best companies ensure companies insurance companies across Canada.
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The Best Car Insurance Companies in Canada
Read this article thoroughly and keep in mind that maybe the best companies can’t provide your insurance needs; perhaps the best company for you is not in this article.
1. CAA
CAA Insurance has been working for over 115 years; to be exact it was found in 1903. This company is a not-for-profit organization that has six million members nationwide. CAA is made up of several clubs worldwide and across Canada, and if you want to buy insurance from them, you have to purchase insurance from your regional club. Fun fact about CAA, one in three Ontario households has a CAA membership.
CAA consistently offers some of the lowest car insurance prices in the market; that’s why CAA was crowned one of Canada’s most trusted brands of 2020 by the University of Victoria’s business school. This company became the first car insurance company to provide pay-per-kilometer auto insurance in Canada in 2018. “The CAA MyPace program” lets the policyholders pay for coverage for every 1,000 kilometers they drive (only up to 9,000 kilometers). How? There’s a sensor installed in your car that keeps track of how many kilometers you drive, and you can monitor your usage on an app.
2. Economical Insurance
Economical was founded in Kitchener, Ontario, in 1871, back when the city was called Berlin. A multinational company has never obtained this company. Its headquarters is located in Ontario. You should know that Economical only offer insurance through brokers. They have 24/7 customer service available, which can be one reason for their 89% customer satisfaction score.
Are you familiar with the brand Sonnet? It might be interesting to know that Sonnet is an Economical creation. To make life easier for customers who prefer making transactions at home.
3. Pembridge
Pembridge company was founded in 1999 and is headquartered in Markham, Ontario. Pembridge, like Economical, sells insurance through brokers and has customer service available 24/7.
Pembridge is pretty youthful. American company AllState backs Pembridge.
It offers insurance for a wide range of vehicles, and according to their website, they guarantee all the customers will get “personal attention” from their “devoted” staff of claims agents.
