Canada is served by some of the best car insurance companies in the world. Not only do some of the best (financially stable, reliable and honest) auto insurance companies operate in Canada, but many companies offer cheap insurance to drivers with the right risk profile. However, it would be unfair to call them “cheap car insurance companies” as they are typically very high quality institutions – perhaps “low cost” would be better. Canada motor vehicle insurance is a vast industry employing many tens of thousands of people while offering a staggering array of benefits and safeguards to the Canadian public. For a more in depth analysis of the insurance industry in Canada, visit Statista.com for their insurance industry in Canada analysis.
Find Your Best Canada Car Insurance Company
Auto Insurance Companies Online
As with most business nowadays, almost all auto insurance companies have an online presence, some even participate in free online insurance quote compare systems. Having an online presence enables both the car insurance company customers as well as company employees and representatives to operate far more efficiently. Vehicle insurance quotes, claims handling, billing, and information distribution can all be done online in a way that is beneficial to all.
In one way or another, there are car insurance companies serving all areas of Canada, including car insurance companies in Quebec.
If you are unable to find the particular insurance company you are looking for in our selection of profiles, we invite you to search the insurance section of our Drivers Directory here.
Many Insurance Companies Specialize
Due to the nature of the insurance business, many insurance companies specialize in a particular type of insurance coverage, while others offer a comprehensive array of insurance products. Below are some of the more well-known insurance companies operating in Canada, grouped according to the kinds of insurance products they are typically known for.
Auto Insurance Companies:
Echelon General Insurance Company, Alberta Motor Association, Aviva Canada Insurance Company, Belairdirect Insurance Company, CAA Insurance Company, Chieftain Insurance Company, Coachman Insurance Company, Desjardins General Insurance Company, Economical Mutual Insurance Company and The Co-Operators Insurance Company.
High Risk Auto Insurance Companies:
Easyway Insurance Brokers.
Motorcycle Insurance Companies:
Echelon General Insurance Company, AMA insurance company, Aviva Canada Insurance Company, CAA Insurance Company, Desjardins General Insurance Company and The Co-Operators Insurance Company.
Home Insurance Companies:
Echelon General Insurance Company, Alberta Motor Association, Aviva Canada Insurance Company, Belairdirect Insurance Company, CAA Insurance Company, Chieftain Insurance Company, Coachman Insurance Company, Desjardins General Insurance Company, Economical Mutual Insurance Company and The Co-Operators Insurance Company.
Life Insurance Companies:
Assumption Life Insurance Company, BMO Life Assurance Company, Canada Life Assurance Company, AMA insurance company, Desjardins Financial Security, The Co-Operators Insurance Company, and Equitable Life Insurance Company.
Miscellaneous:
The Progressive Auto Insurance Company does not operate in Canada, but due to extensive TV advertising, many Canadians assume it does.
While not an insurance company, Capital One does provide a type of insurance for the use of their credit card services.
The Grey Power or GP insurance company was ultimately acquired by Intact Financial Corp. Intact has now consolidated its Grey Power business under the banner of Belairdirect.
The Dominion of Canada General Insurance Company operated in Canada from 1887 until 2013 when it was acquired by the US insurance group called The Travelers Companies
Car Insurance Company Ratings, Rankings and Reviews
Among the top insurance companies in Canada are companies that specialize in various sectors like: motorcycle insurance, life insurance and home insurance, while others like banks offer a broad array of additional financial services. Some auto insurance companies are international in scope, offering not only car insurance but a wide variety of other insurance products.
Therefore, if one is interested in an insurance company ranking or insurance company ratings or reviews it’s probably best to search those specific terms while including a regional location in your favorite search engine. Or you could search our car insurance directory for local auto insurance companies ratings and reviews.
