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Economical Insurance® Profile

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The one-stop insurance shop for Canadians and all of their coverage needs. There’s a reason Economical Insurance is one of the country’s most trusted insurance companies and was named the 2016 Property & Casualty (P&C) Insurer of the Year.

Proud of its past and present

Founded in 1871, Economical Insurance started in the small town of Berlin (now Kitchener), Ontario when a group of concerned citizens came together to help out their neighbours in times of hardship. The company has continued to redefine itself and grow to offer coverage across Canada. Among the changes, in 2010 Economical announced it would become the first federally-regulated mutual property and casualty insurance company to demutualize.

Still, the original promise of “neighbours helping neighbours” has remained the same, as the company maintains a 93% customer satisfaction score in post-claim surveys.

Covering all of the bases, at home and at work

Economical makes finding insurance for all parts of your life easy and fast!

The company includes both personal and business coverage, and provides products such as home and auto insurance and business liability.

For drivers with a less-than-perfect driving record, they can help you with that as well.

Economical also offers exclusive insurance discounts which you could be eligible for through your work or an association you’re a member of.

Always on hand to help with claims

Once you’ve spoken with your independent insurance broker, Economical’s team of 600 professionals is there to give you the best service. The insurance company works closely with a group of approved contractors and facilities who’ll get right to work on your repairs.

The company’s approved partners have to meet certain standards, including quick and hassle-free service and a life-time guarantee on repairs when done at one of Economical’s Certified Economical Repair Facilities. Imagine having that peace of mind when its time to get back on the road.

For after-hour emergencies, you can also call the 24-hour service line at 1-800-607-2424 or
1-888-875-8088 (Quebec).

Get Started with Economical

Economical insurance quotes are available through us. Get started today in finding your perfect coverage plan.

Have questions about auto insurance? Check out our Frequently asked questions for more information.