Jevco Car Insurance Rates Review & Ratings

FREE COST CALCULATOR! COMPARE 30+ CHEAP CAR INSURANCE QUOTES


Jevco Car Insurance
{{ reviewsOverall }} / 10 Overall Rating (out of 10) (0 Votes From Policy Holders)
Customer Service Rating:0
Affordability Rating:0
Application Process Rating:0
Claim Process Rating:0
What policy holders say... Leave your rating
Order by:

Be the first to leave a review.

Verified
{{{ review.rating_title }}}
{{{review.rating_comment | nl2br}}}

Show more
{{ pageNumber+1 }}
Leave your rating

Jevco Insurance Company started 30 years ago and is a major insurance provider across Ontario. They operate through a network of brokers and the head office is located in Mississauga, Ontario. Intact Financial Corporation, the largest provider of auto, home and business insurance in Canada acquired Jevco Insurance in 2012. Other insurance services for commercial property, motorcycles, surety and automobile insurance products are also offered through Intact Insurance.

Drivers who belong to the non-standard category can get insurance from Jevco for their personal passenger vehicles. Jevco provides strong solutions for those who were denied coverage by other insurance companies. So, if you find it difficult to get insurance elsewhere then you may contact your broker to get Jevco Insurance. The insurance policies are offered on an annual or six-month basis. Payments can be done using the Easipay system as a single payment per year or each month.

Jevco Car Insurance Market Share Review

Jevco Insurance Company Market ShareQuarterYear
0.80%Q12016
1.60%Q42015
0.90%Q12015
0.90%Q42014
2.68%Q12014
1.34%Q32013
1.29%Q42012
1.29%Q22012
1.34%Q12011
1.34%Q32010
1.34%Q22010
1.57%Q12010

 

2010-2011 Market Share Review

Jevco Insurance did not have any rate filings in the 4th quarter of 2010. The market share was at 1.57% in the 1st quarter of 2010. This marginally dropped to 1.34% in the 2nd quarter of 2010. It stayed stable at 1.34% in the 3rd quarter of 2010. There were no rate filings in the 2nd, 3rd and 4th quarters of 2011.  The market share was stable at 1.34% in the 1st quarter of 2011.

2012-2013 Market Share Review

They did not file for any rate changes in the 1st and 3rd quarters of 2012. The market share marginally decreased in the 2nd quarter of 2012 to 1.29%. This did not change in the 4th quarter of 2012 and stayed at 1.29%. The market share marginally increased to 1.34% in the 3rd quarter of 2013. Jevco Insurance did not have any rate change approvals in the 1st, 2nd and 4th quarters of 2013.

2014-2016 Market Share Review

There was no rate filing approvals in the 2nd and 3rd quarters of 2014. The market share increased to 2.68% in the 1st quarter of 2014. This declined to 0.90% in the 4th quarter of 2014. They did not file for any rate change approvals in the 2nd and 3rd quarters of 2015. The market share was stable at 0.90% in the 1st quarter of 2015. This increased to 1.60% in the 4th quarter of 2015. Jevco Insurance did not have any rate filings in the 2nd and 3rd quarters of 2016. The data for the last quarter is not yet updated.

Jevco Car Insurance Rate Changes Review

QuarterYearJevco Insurance CompanyRate Change Approved %
Q12016-3.61%
Q42015-1.07%
Q12015-0.58%
Q42014-0.07%
Q12014-5.83%
Q32013-0.39%
Q420129.34%
Q220120.00%
Q120118.91%
Q320109.97%
Q220100.00%
Q120100.00%

 

2010 – 2011 Rate Change Review

Jevco Insurance had no rate changes in the 1st and 2nd quarters of 2010. The rate changes approved increased by 9.97% in the 3rd quarter of 2010. They did not file for rate changes in the 2nd, 3rd and 4th quarters of 2011. In the 1st quarter of 2011, the rate changes approved declined by 8.91% in the 1st quarter of 2011.

2012 – 2014 Rate Change Review

There was no rate change filing in the 1st and 3rd quarters of 2012. The 2nd quarter of 2012 saw no change to rates. The rate change approved in the 4th quarter of 2012 increased by 9.34%. They did not file for a rate change in the 1st, 2nd and 4th quarters of 2013. There was a decrease of 0.39% in the 3rd quarter of 2013. They had no rate changes in the 2nd and 3rd quarters of 2014.

Jevco Insurance had a rate change decrease of 5.83% in the 1st quarter of 2014. Around 14 insurance companies filed for rate changes in that quarter. They represented 20.22% of the insurance market. There was a marginal decline of 0.07% in the rate changes in the 4th quarter of 2014. About 16 insurance companies filed for rate changes in the same quarter. They represented 46.81% of the industry.

2015 – 2016 Rate Change Review

Jevco had no rate changes in the 2nd and 3rd quarters of 2015. There was a marginal decrease of 0.58% in the 1st quarter of 2015. In that quarter 39 insurance companies filed for rate changes. They were representing 73.48% of the insurance market. This further declined by 1.07% in the 4th quarter of 2015. Around 21 insurance companies filed for rate changes in the same quarter. They represented 51.23% of the industry. They had no rate changes approved in the 2nd and 3rd quarters of 2016. The rate change approved in the 1st quarter of 2016 declined by 3.61%. In that quarter around 50 insurance companies filed for rate changes. That represented 83.36% of the market. The data for the last quarter of 2016 is not available.

Jevco Auto Insurance Discounts

Jevco insurance gives discounts based on the individual profile of the vehicle and the driver insured on the policy. These depend on how long the customer has been insured with Jevco. If more than 1 vehicle is insured with Jevco then you may get a discount. When you insure many products such as home and auto with Jevco then you could qualify for a discount.

Optional Coverage You May Consider Buying With Jevco

Jevco offers standard car insurance coverage in Ontario. The liability, accident benefits, uninsured motorist and DC-PD coverage are mandatory in Ontario as per law. There are options to raise your deductibles or coverage limits for more protection. Jevco also offers optional coverage and special endorsements that could be added to the car insurance policy. This will protect the insured from a financial setback in the case of a loss or damage to the insured vehicle. Jevco also provides insurance to drivers who are a high-risk category. These drivers may have too many claims, suspensions of licenses or a lot of driving infractions. They could approach Jevco for a quote.

Jevco Car Insurance Cancellation Policy

If you wish to cancel your car insurance policy you may contact your broker. You can also get in touch with Jevco and call 905-277-9350 or 1800-265-5458. In case you want to send your cancellation request by email then you may send it to info@jevco.ca. You may mail a request to cancel your car insurance to 4 Robert Speck Pkwy, Suite 100, Mississauga, Ontario L4Z 1S1.

Jevco Insurance will issue a refund based on your policy terms and conditions.  The refund could be calculated based on a short rate basis or a prorated basis. If they calculate on short rate basis then the cancellation fees will be deducted from your refund amount.

Making Jevco Car Insurance Claim

You may report a car insurance claim at any time as the claims department is available 24 hours every day. The number to call the claims department is 1866-864-1112. You can also submit your claim by sending an email to claimsreporting@jevco.ca. The Rely Network gives your access to many car insurance repair shops in case of damage to your car. This will give you service on priority and guaranteed immediate repairs for the time that you are the car owner. In case you need glass repairs then the glass team will confirm your insurance coverage and give you an estimate for the repair. They will also set up an agreement with a local shop.

How Can I Get Jevco Car Insurance Quote

Insurance Quote

To get a car insurance quote you may contact a broker who can help you with all the options. You may use the online tool to locate a broker. You may choose a location from the search list on the website. The regions include Niagara, Central Ontario, Eastern Ontario, Greater Toronto Area, Northern Ontario and Southwestern Ontario. An existing customer may find the broker information on their insurance policy.

You may also call Jevco customer service team on 905-277-9350 or 1800-265-5458 to get a car insurance quote. They will personalize your quote to generate the rates specific to you. Jevco Insurance considers many factors when giving you a car insurance quote. Some of these include insurance record, driving record, age, vehicle profile etc.

Contact Methods For Jevco Insurance

  • Broker: You may contact a broker by using the online tool on the website.
  • Call: The phone numbers to reach Jevco Insurance are 905-277-9350 or 1800-265-5458.
  • Fax: You may fax documents to 905-277-5008 or 1800-267-5569.
  • Email: The email address you may write to reach Jevco Insurance is info@jevco.ca
  • Mailing address: The mailing address to write to Jevco Insurance is 4 Robert Speck Pkwy, Suite 100, Mississauga, Ontario L4Z 1S1.

Disclaimer

We are not affiliated and make no representations or warranties, recommendations or endorsements of Jevco Insurance. This article is our review of Jevco Insurance for information purposes only.  The logos, trademarks, and copyrights mentioned in this article belong to the Jevco Insurance.


References:

https://www.fsco.gov.on.ca/en/auto/rates/pages/default.aspx

https://www.jevco.ca/contact-us

https://www.jevco.ca/insurance-claims


 

Related