Economical Insurance® Profile
Founded in 1871, Economical Insurance® is one of Canada’s leading property and casualty insurers, providing security and support for our customers and broker partners from coast to coast. Economical services the insurance needs of more than one million customers across the country.
About Economical Insurance
Economical Insurance® offers a wide range of personal, commercial, farm and surety products supported by a solid history, financial stability and fast, efficient service on every claim.
Economical’s success story began in what was once the small community of Berlin (now Kitchener), Ontario, when a group of concerned citizens banded together to help their neighbours during times of hardship and disaster. Over the years, the company and the insurance industry have experienced incredible growth and change. Through it all we have remained committed to our original promise of “neighbour helping neighbour” and remained proudly Canadian.
In 2010, Economical announced its decision to become the first federally-regulated mutual property and casualty insurance company to demutualize. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.
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