Home/List of Top 10 Best Car Insurance Companies in Ontario

List of Top 10 Best Car Insurance Companies in Ontario

  • The Co-operators
  • The Personal Insurance
  • Aviva Canada
  • Intact Financial Corporation
  • Desjardins Group
  • Economical Insurance
  • Belairdirect
  • TD Insurance
  • RSA Group
  • Sonnet

The Co-operators

Cooperators-car-insurance

The Co-operators not only rated very high in Ontario but also Canada wide. The Co-operators rated at the very top for customer satisfaction and excellent performance in all their most crucial departments. The company is also rated at the top for discounts and optional coverages. The Co-operators is also highly rated for prices and financial strength in the industry. Ontario Co-operator customers are one of the most satisfied groups of customers in Canada. Ontario Co-operator customers gave the company 5 stars in the customer service category. The Co-operators insurance company employs over 6,000 employees and over 2,530 fully licensed insurance representatives. 

The Personal Insurance

The Personal Insurance company offers group insurance policies to employees of many organizations. The personal insurance company has partnered with over 700 organizations. Many organizations that participate in the personal group insurance plans are firefighters, accountants, the Canadian military, and health care, professionals. Traditionally, group insurance typically offers lower insurance rates than are offered to the general public. Group insurance policies also offer personalized coverage, first-class service, the ability to file a claim online, and a claims department that is available 24 hours a day, seven days a week. Organization employees can also share group insurance privileges with their spouses or dependents. 

Aviva Canada

aviva car insurance

Aviva Canada is a subsidiary company of Aviva plc – based in the UK. Aviva has received high ratings overall for prices, financial strength, discounts, optional coverages, however didn’t fare as well in the customer service department. Aviva offers their clients discounts for bundling car and home insurance products, maintaining a claim and conviction-free driving record, insuring more than one vehicle, and for being a retiree when meeting the required criteria. Aviva Canada has also partnered with Lyft Canada to provide commercial ride-sharing insurance coverage for Lyft drivers and passengers. Aviva Canada may be the perfect choice for all your insurance needs. 

Intact Financial Corporation 

intact-car-insurance

The Intact Financial Corporation was founded in 1809. The Intact Financial Corporation was previously known as ING Canada but changed its name to Intact Financial Corporation in 2009. Intact has rated high for its customer service, discounts, optional insurance, and financial security. Not only does Intact financial corporation provide excellent service and car insurance options to their clients, but they are also actively committed to addressing climate change. The intact financial corporation also involves young individuals by providing a Climate Change Resilience Award during the Canada-Wide Science Fair. Intact feels the younger generation will have to deal with the damage that has already been done to our planet through pollution and climate change. 

Desjardins Group

desjardins-insurance

The Desjardins Group is highly rated for its prices, discounts, financial strength, and optional coverages. Customer service ratings were just slightly lower. Desjardins group is a great choice for car insurance for new car owners as they offer many different discounts and optional coverages. A standard car insurance policy with the Desjardins group includes third-party liability, collision and upset, comprehensive, family protection, uninsured automobile coverage, and direct compensation property damage. Another great optional insurance product offered is the five-year new vehicle protection plan. This 0 deductible optional coverage includes liability for damage to non-owned automobiles, transportation replacement, and accident-free protection. 

Economical Insurance

The Economical Insurance

The Economical Insurance company was founded in 1871. The Economical insurance company is highly rated for their customer satisfaction, optional coverages, and discounts. However, Economical received a little lower rating for financial strength and prices. In many regions, Economical clients must purchase their car insurance needs exclusively through a broker. The Economical insurance company offers insurance coverage for campers, motorhomes, cars, ATVs, snowmobiles, trucks, motorcycles, vans, mopeds, and SUVs. Coverage is available for legal fees, lost wages, damage to other vehicles, theft, vandalism, cracked windshields, medical expenses, repairs to the driver’s vehicle, and vehicle rental costs. Economical is a popular insurance choice for Ontarians. 

Belairdirect

Belairdirect car insurance

Belairdirect is a subsidiary company of Intact Insurance and has been in operation for over 65 years. Belairdirect is a great car insurance provider, especially for Uber drivers and drivers that keep very low mileage. Belairdirect scored highest for its financial strength and high for its customer service, prices, discounts, and optional coverages. The company offers customers huge discount options up to 15% when they drive less than 10,000 kilometres a year under its automerit programme rewards. Customers will also receive an additional 10% discount just for signing up for the program. Optional coverage is available for accident forgiveness and Belairdirect roadside assistance. 

TD Insurance

TD Insurance holds the title of one of the largest direct-response insurance groups in Canada. TD Insurance also offers the lowest prices. The company rated highest in prices followed by financial strength, discounts, and optional coverages, then a little lower in the customer service department. TD Insurance also provides a great user-friendly website for customers and potential customers to obtain quotes and other various information pertaining to car insurance and other insurance needs. TD Insurance customer service ratings were higher in the Atlantic region according to JD Power’s study. Montreal TD Insurance customers can purchase a full coverage car insurance policy for under $60.

RSA Group

RSA-insurance

The RSA Group rated highest for its customer service, discounts, and optional coverages, and financial strength, followed by a lower rating for its prices. RSA Group clients can enjoy reward Air miles for making regular premium payments. The company has received an A+ rating from the Better Business Bureau. The RSA Group only provides quotes through insurance brokers. Clients can use earned Air Miles rewards for rental car services, concert tickets, accommodation, travel vouchers, and other leisure products. The RSA Group also offers its clients a claims protection plan and a lifetime repair guarantee. The claims protection plan guarantees a client’s policy rate will not increase after their first at-fault accident. 

Sonnet

The Sonnet company rated higher in discounts and optional coverages than in customer service and financial strength. The Sonnet was rated lowest for prices. Sonnet is an online insurance company. Sonnet has great online tools that appeal to clients that prefer to do their transactions at home. The website also contains many useful studies and guides. Like the RSA Group Sonnet received an A+ rating from the Better Business Bureau.  Sonnet mandatory auto coverage includes liability, comprehensive, collision, and accident benefits. Optional coverage available includes ticket forgiveness, accident forgiveness, vroom service bundle, and rental extension bundle. This is a great insurance option for avid online users.

6 Comments

  1. REKHA MATHUR April 19, 2019 at 7:54 am - Reply

    6 if insurance in america means only car home and life insurance

  2. JF April 26, 2019 at 3:47 pm - Reply

    The blog writes: “In Ontario, the private car insurance industry is abuzz with competition and choices. No wonder that the price that you pay is much higher when you compare to other provinces.”

    This makes no sense. Prices are higher due to risk factors, not competition.

  3. Basilratnarajah Stanislaus September 17, 2019 at 9:52 pm - Reply

    My insurance going to expired 10/27

  4. Trevor November 10, 2019 at 10:07 pm - Reply

    Yeah right..Aviva is the worst insurance company out there. Just read reviews about that place. My father and I were long time customers..After Aviva tried to up the premium for no reason..we come to find out we were paying twice that of other insurers. I wont even start on the customer service.

  5. Anthony Bagshaw March 28, 2020 at 3:25 pm - Reply

    I have answered all questions as best I can. My wife will also be interested in the car insurance. Plus may be I will be interested In house insurance also.

  6. sindhu February 3, 2021 at 10:39 pm - Reply

    There are 26 instructors working in my school and we got group insurance from Cowan Insurance Broker last year and it will be renewed in April 2021.
    Can you do group insurance?

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