Compare Economical car and auto insurance quotes with other top insurance companies. Find the best price.

On average, Canadians save hundreds of dollars per year by comparing quotes with us.

Get quotes from 75+ Canadian providers in 3 minutes.

Get quotes from 75+ Canadian providers in 3 minutes.

Learn more about Economical Insurance Canada.

Founded in 1871, Economical is a proudly Canadian car insurance company that focuses on putting customers first. It's one of Canada’s leading auto and property insurance providers and has been named P&C Insurer of the Year in the past. Headquartered in Waterloo, Ont., Economical serves more than one million Canadians across the country and prides itself on putting a strong focus on customers and community.

Keep reading to learn more about Economical car insurance. Compare quotes online from 75+ Canadian car insurance companies on LowestRates.ca, including quotes from Economical Insurance.

 

Consumer reviews for Economical car insurance.

ProvinceUser satisfaction rating
Alberta
Atlantic
Ontario

 

 

 

 

 

Quebec

What other insurance products does Economical offer?

In addition to covering most vehicle types (including campers, motorhomes, antique cars, snowmobiles, ATVs, mopeds and motorcycles), Economical also offers a full range of home insurance options, plus coverage for businesses, farms and groups.

Home insurance: Policies for house, cottage or condo, plus tenants and landlords. Coverage is also available for watercraft and trailers and for home-based businesses. Insurance covers the property (if you own), personal items, liability, identity theft, hotel stays, meals, other living expenses if certain kinds of disasters make your home unlivable, and more. Economical is a leading provider of “special risk” home insurance, meaning it may be an option for those who have a hard time finding coverage elsewhere, thanks to a history of claims, missed premium payments, or other reasons.

Business insurance: Coverage for your place of business whether you own or lease, plus liability and commercial vehicles. Surety bonds are available for businesses in the transportation and logistics or construction and contracting industries.

Farm insurance: Protection tailored for different types of farms, from small to large, with policies specialized for different agricultural products.

 

The Economical car insurance advantage.

Discounts

Economical auto insurance strives to give its customers the best possible service at the best possible price. The company rewards customers with a number of insurance discounts and specialty programs, such as:

  • Multi-vehicle discount by insuring more than one car.
  • Conviction-free discount for avoiding driving infractions.
  • Safe driver discount for going claims-free.
  • Security discount for having anti-theft systems installed.
  • Applicable renewal discounts.
  • Bundling discount for pairing auto with home insurance.

Apply for a car insurance quote from Economical today and speak with a broker or agent about which discounts you qualify for. 

 

Special programs

Economical also offers benefits to clients who meet certain requirements.

Group insurance - Economical offers competitive group insurance for auto insurance. Those wishing to apply through their employer or guild can visit Economical Select’s website.

High-risk auto insurance - If you are a driver with a not-so-perfect record who is finding it hard to get car insurance, Economical can help you through their Perth Insurance subsidiary.

Disappearing deductible - Enroll in this program and your deductible will decrease for every term you go without a claim.

Is there an app?

Economical does not currently offer a mobile app to their clients. Some car insurance companies allow customers to manage their car insurance coverage virtually; at the moment, policyholders with Economical cannot log in and manage their insurance online. 

 

How to submit a claim with Economical

To make a claim, contact your broker, or in the case of an after-hours claim, contact Economical via the insurance claims line.

 
Phone number to file a car insurance claim with Economical:
1-800-607-2424
 
Economical's phone number for insurance claimants in Quebec:
1-888-875-8088
 
Hours of availability:
Call either phone numbers above to reach Economical Insurance's claim against who are available nationally 24-hours a day, seven days a week, year-round. 

Join the millions of Canadians saving money on auto insurance

The first rule of saving money is to shop around for the best price. Make sure you’re not overpaying for car insurance by comparing insurance providers before you settle on one. LowestRates.ca makes comparing multiple auto insurance companies a snap. We don’t sell insurance — we’re completely independent — but we can show you which insurer is offering the lowest price. Just enter your postal code and in 3 minutes we’ll show you rates from 75+ Canadian insurance providers. Best of all? It’s free.

How comparing auto insurance quotes works. Hint: it’s free!

Compare

Next, we’ll show you quotes from 75+ Canadian providers. It’s free, with no commitment.

Save

When you find the best quote, secure your rate by talking to a licensed broker or agent.

Get Started

24,087 Canadians

have compared rates and saved money over the last 24 hours

What people say after comparing rates on LowestRates.ca:

Excellent
Based on 355 reviews
November 25
I was so pleased with the service from…
I was so pleased with the service from this site!! Lowestrates.ca directed me to...
Nicole E
November 17
they find the lowest rates and explain…
they find the lowest rates and explain options saves a lot of time when renewing...
terry nauss
November 15
Get rates
This program came up with super great rates for my car and apartment. Many than...
Sandra Dunne
November 4
It was a good experience
It was a good experience
BRIAN FEX
November 4
Our insurance broker advised us of a…
Our insurance broker advised us of a change in insurer beginning 1 January 2022 ...
DT
October 26
Easy to use
Easy to use, easy to find the result that you're looking for! 5 star coverage!
KS
October 19
Lowestrates.ca did find a much lower…
Lowestrates.ca did find a much lower rate than I currently pay. Super prompt and...
Tom R Cross
October 17
Super easy to use
Super easy to use, and gives you best comparison prices for insurance. Saved 250...
Louise Villeneuve
October 15
Great service and very helpful :) would…
Great service and very helpful :) would definitely recommend
Emily Peacock
October 14
It's great
It's great, found the best rates.
Chirath Ranaweera
October 14
Fast and pleasant experience
Fast and pleasant experience. Saved a lot of money too!
stephenblaszko
October 14
Fast response
Fast response
AnarieD'Agostino
October 13
From the online process to the first…
From the online process to the first contact speaking to a rep it’s was a good...
Rose Daniel
October 13
A very pleasant contact
A very pleasant contact, without rep talking over my head., It was very infor...
Margaret Markson
September 30
LowestRates.ca is the best out there
LowestRates.ca is the best out there. They are fast efficient and gets job done...
Maria M. T.
August 31
very quick and reliable rates
very quick and reliable rates
Tracie N
August 12
I can’t believe how quickly I am…
I can’t believe how quickly I am getting email responses. Very happy with this...
Carol
July 25
Awesome 👍😎
Awesome 👍😎
Joshua Leong
July 1
excellent service
excellent service
An Luu
June 22
Highly recommended
Excellent customer service. Was very patient and answer my customers toughly. Fo...
Karan Parmar
June 11
Very nice broker
Very nice broker. Good service. Found a great deal.
Meredith Berggren

*LowestRates.ca is not an insurance brokerage.

Alexandra Bosanac

Alexandra Bosanac

About the Author

Alexandra Bosanac is the Core Content Manager for LowestRates.ca. Her reporting has appeared in Canadian Business, the Toronto Star, the National Post, and the CBC.

Read More

Auto insurance news

Read More Like This