- Economical Insurance
Economical Insurance is one of Canada’s leading property and casualty insurers. This deeply rooted, 100% Canadian-owned company was founded in Waterloo, Ontario in 1871 and has grown to become one of Canada’s largest providers of home, auto and business insurance, servicing the insurance needs of more than one million customers across the country.
After filing a claim, more than 92% of our policyholders indicate that they are satisfied or very satisfied with the quality of their claims service experience. This clearly shows we consistently deliver superior claims adjudication and service, the very essence of why we’re in business.
Our award-winning learning environment encourages and supports continual improvement for all employees, teams and the company as a whole. We’re proud to have been ranked in the Top 20 globally in Training magazine’s list for excellence in workforce learning and development every year since 2010.
In 2010, we announced our decision to become the first federally-regulated mutual property and casualty insurance company to pursue demutualization.
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.