Top 10 Best & Biggest Car Insurance Companies in Canada (Updated)

Post By

Fahad M.

Reviewed By

Jo S., Faheem H., and Marc T.

Post By

Fahad M.

Reviewed By

Jo S., Faheem H., and Marc T.

Whenever we are on the road we can face accidents and therefore, we should keep our vehicles insured. That’s why we previously shared the Top 10 Best and Biggest Car Insurance Companies in the World and the Top 10 Best and Biggest Car Insurance Companies in Asia. Similarly, in Canada, they have to protect their vehicles from accidents that may occur due to traffic jams, snowy weather conditions, etc. So today the World’s #1 Source of Research-Based Content, The Daily Top 10 hope to share about the Top 10 Best and Biggest Car Insurance Companies in Canada.

Do you know the Top 10 Best and Biggest Car Insurance Companies in the USA? However, Canada is also one of the most developed countries in the world and there are so many reputable insurance companies that it is difficult to even choose. They maintain high-quality service to attract customers and increase their satisfaction. That means they do not think only about their corporate benefits but work to achieve maximum satisfaction for the customer.

Accordingly, if you want to get such insurance for your vehicle, it may be difficult to imagine how to find the facts for it. Therefore, to compare each other and meet your needs, check out the Top 10 Best and Biggest Car Insurance Companies in Canada. In addition to this, don’t forget to go through the Top 10 Best and Top Rated Electric Cars in the World.

What is the Best and Biggest Car Insurance Company in Canada?

Car insurance is a protection that you take for the safety of your vehicle. The company you choose when buying this car insurance is a very important decision and it should be a very right decision. So, Why are we late to visit the Best and Biggest Car Insurance Company in Canada?

Let’s see it now, but before that, we have to check out the rest of the car insurance companies on our list! Are you interested to know about the Top 10 Best Flying Cars in Development from Around the World? If so, check out our Auto Gaming Metaverse Category for more articles.

10

Sonnet Insurance Company

Have you ever heard about Sonnet Insurance? Most interestingly, the main feature of the Sonnet Insurance Company is its discounts. Also, it is a well-known fact that it is a very good choice for those who choose insurance online. Due to a website built with easy access, every activity like bill payment and account management can be easily done here.

The services here include third-party liability, collision, accident benefits, etc. As stated in the official website of Sonnet, the parent company of Sonnet Insurance is a digital direct insurance business launched in 2016 by The Economical Insurance. It is currently the only insurer in Canada nationally selling home and auto insurance entirely online. To be highlighted, the head office of this company is located in Toronto, Canada.

9

RSA Insurance Company

RSA Insurance Company is a company that deals fairly with customer service and financial strength. There are times when the prices are a bit higher than some insurance companies, but in terms of benefits, it does excellent service. Do you know that RSA Insurance Company also offers various rewards to customers for making timely payments? Yes, they offer travel vouchers, concert tickets, and other entertainment prizes.

According to Wikipedia, RSA’s insurance services cannot be purchased online. Instead, you’ll probably have to go through a broker. Also, RSA insurance companies are established in 28 countries and this company has more than 20 million customers worldwide.

8

The Economical Insurance Company

Established in 1871, the Economic Insurance Company is a Canadian insurance company for automobile, property, liability, agriculture, and collateral insurance. Its head office is located in Waterloo, Ontario, with other offices located across Canada. It also ranks among Canada’s largest property and casualty insurance companies and is Canada’s 20th largest insurance company overall by total assets.

According to Wikipedia, in 2013, Economic Insurance was ranked among the top 125 companies in Training magazine for excellence in employee learning and development. In addition, on April 9, 2014, Economic Insurance Company confirmed its stability in the Issuer Credit Rating category of Financial Strength as (Outstanding) from the independent rating.

7

TD Insurance Company

TD Insurance is a company that has the privilege of providing insurance services and advice to over 4 million people. They operate in two sectors namely life and health insurance and general insurance. Do you know that it is one of Canada’s leading home and auto insurance companies?

According to TD Insurance, they are preparing their insurance disclosure document to TD Insurance’s fixed salary duly licensed agents. Also, they are continuously committed to helping customers in accident insurance and sectors. So, they have earned their place as one of the top three private home and auto insurance groups in Canada.

6

Aviva Insurance Company

Aviva Insurance is a Canadian property and casualty insurance company that is a wholly-owned subsidiary of Aviva plc based in the United Kingdom. It provides home, personal, motor, and business insurance to over three million customers. Also, this company arranged to provide a 10% discount to Aviva insurance policyholders who drive hybrid vehicles in Quebec from June 1, 2006.

According to Wikipedia, they offer services such as auto insurance and property insurance. Moreover, Aviva Insurance Company offers home, travel as well as commercial property, liability, and aviation insurance. The company also offers non-standard insurance products such as equestrian/equine insurance and prize indemnity.

5

Belairdirect Insurance Company

This company, which has been in existence for about 65 years, is established in six major cities across the country. And most importantly, more than 1600 people are working here. It places a premium on innovation and it is the first car insurance company in Canada to provide car insurance quotes directly to consumers. They are working to make further innovations through various digital methods for customer convenience.

According to Linkedin, they have worked to speed up the process through automated programs. It facilitates getting all the information about the company and any insurance-related photos and it provides very quick solutions in case of damage. So, Belairdirect ranks among Canada’s largest property and casualty insurance providers and it is a shareholder of Intact Financial Corporation.

4

Desjardins Insurance Company

Desjardins is best known for its services at affordable prices and as a company that offers discounts and lists additional coverage options. This company also ranks highly in terms of financial strength and ranked fourth overall among insurance companies in Canada by consumers. So, many car owners recommend this company as they offer very high discounts even though they are in fourth place.

According to Wikipedia, their main products are auto insurance, home, and business insurance, and are available through agents in the Desjardins Caisses network, Client Care Centres, website, and mobile app. They have also provided facilities to contact service agents through mobile phones. Most importantly in 2014, Desjardins also acquired Canada’s second-largest property and casualty insurer.

3

Intact Insurance Company

Intact Financial Corporation is a Canadian multinational property and casualty insurance company. It underwrites insurance directly in conjunction with its additional brokerage, insurance services, and indemnity subsidiaries. We want to highlight this, in 2017, Intact also became Canada’s largest provider of property and casualty insurance.

According to Wikipedia, the company was originally known as the Halifax Fire Insurance Association. Later, it changed to intact and the company employs over 16,000 employees and its subsidiaries currently insure more than five million individuals and businesses. It also placed third in the Quebec region with 791 points.

2

The Personal Insurance Company

The Personal Insurance Company is a Canadian insurance company that specializes primarily in home insurance and auto insurance. It is also a subsidiary of Canada’s third-largest P&C insurer, Desjardins General Insurance. In 2004, it became a subsidiary of that company. However, according to the power study, they took first place in Quebec in 2015 and number one in Canada in 2018 in the auto insurance segment.

According to Wikipedia, the services offered here are car, home, and pet insurance. They have made it possible for their service agents to do their company website through mobile applications as well. According to our research, their two main mobile features are Ajusto and Alert.

1

The Co-operators Insurance Company

This company has been consistently ranked as the best Canadian insurance company by the JD Power Canada auto insurance satisfaction study. It offers excellent customer service and great discounts. Furthermore, affordable prices are charged for the services provided and three stars are entitled to the financial stability of this company.

According to Wikipedia, this insurance company provides services for life insurance, property insurance, brokerage, and corporate asset management. It was also among the platinum winners in Aon’s Best Employers in Canada 2017 report and among Canada’s top employers for their commitment to social and economic sustainability. And accordingly, the Co-operators Insurance Company is the Best and Biggest Car Insurance Company in Canada.

What are the Best and Biggest Car Insurance Companies in Canada?

Many insurance companies in Canada are the most recognized and advanced insurance companies in the world. Some of them are The Co-operators Insurance Company, The Personal Insurance Company, Intact Insurance Company, and the Desjardins Insurance Company. So, by doing your research with the help of our list and comparing the various policies and rates, you can find the car insurance coverage that offers the protection you need at a price you can afford.

Here are the Top 10 Best and Biggest Car Insurance Companies in Canada:

1. The Co-operators Insurance Company
2. The Personal Insurance Company
3. Intact Insurance Company
4. Desjardins Insurance Company
5. Belairdirect Insurance Company
6. Aviva Insurance Company
7. TD Insurance Company
8. The Economical Insurance Company
9. RSA Insurance Company
10. Sonnet Insurance Company

With our experience, we want to say that, with the right coverage in place, you can drive with peace of mind, knowing that you are protected in the event of an accident or other unexpected event. So, if you are living in Canada and want insurance facilities that can be used as protection against accidents that may happen to your vehicles at any time, you can get the help of the organizations that we mentioned in this article. Do you want to know more about Canada? If so, check out the Top 10 Best and Most Popular Places to Visit in Canada, the Top 10 Best and Biggest Private Hospitals in Canada, and the Top 10 Oldest and Most Popular Restaurants in Canada.

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Author: Fahad M.

Fahad M. is approachable and energetic about resolving SEO and content-related issues. He is customer-focused and always has the big picture in mind. He is also extremely creative and eager to assist wherever and whenever possible.