Using a multi-channel distribution network, Economical Insurance has proudly serviced over one million Canadians since their inception in 1871. Headquartered in Waterloo, Ontario, Economical Insurance is one of Canada’s leading property and casualty insurance companies.
Economical Insurance Home Insurance plans reward their customers for being safe, smart and loyal, providing discounts for renewals, security systems and fire alarms. Economical Insurance provides coverage for homes, cottages, condos and tenants. Policyholders are have the option of being covered by identity theft, home contents, watercraft and even home-based businesses.
As with their home insurance plans, Economical Insurance rewards drivers who have been safe and loyal. Discounts on premium payments are available to drivers who have been accident- and conviction-free, have anti-theft devices installed, and who have bundled car and home insurance together. Types of vehicles covered include: antique vehicles, cars, vans, trucks, SUVs, motorcycles & mopeds, and campers & motorhomes.
Covering farms and farmers, as well as Canadian agricultural business, Economical Insurance, together with Western General®, have products and services unique to the property and casualty insurance industry. Types of coverage available include: farm buildings & sheds, machinery, fuel & fuel tanks, computer hardware, business interruption, livestock & carrying vehicles, harvested crops & spoilage, and even pollution liability.