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Economical – Reliable and Accessible Protection
Protect what matters with Economical Insurance, a leader in home, auto and commercial insurance.
- Competitive Pricing – Get affordable coverage without compromising on quality.
- Personalized service – Do business with expert brokers who listen to you.
- Comprehensive Protection – Insurance for your home, car, business and more.
- Simplified Claims – A fast and efficient process to help you when you need it.
🔍 Get a quote in minutes and drive, live or start your business with peace of mind!
All About Economical Insurance Group
Economical is an insurance company that was founded in 1871 to offer a variety of insurance products to individuals and professionals in Quebec. Its main concern is to always offer quality products and services to its customers that defy all competition.
Economical represents independent insurance brokers
This company is one of the largest specialists in property and casualty insurance and whose products are exclusively distributed by a large network of independent insurance brokers. The reason for such an approach is to bring the benefits closer to the insured while allowing them to benefit from the advice of a professional. Insurance products are offered at very competitive rates and without any compromise on coverage.
Economical Property & Casualty Insurance
With no less than 135 years of activity and experience in the insurance industry, the Economical Group is one of the largest in Canada in terms of property and casualty protection. Over the years, it has built a solid reputation and an impeccable reputation thanks to the quality of its products and services, as well as the level of security and support it offers to its policyholders as well as the various brokers with whom it has worked for many years.
Insurance Broker of Canada
Getting the best protection at the best price is essential for any policyholder. That’s why using an insurance broker is the ideal solution. Thanks to his expertise, he analyzes, compares and selects the best offers from the largest insurance companies in Canada.
With Economical Insurance, you benefit from a network of independent broker partners, carefully selected for their experience, impartiality and commitment to policyholders. They accompany you every step of the way, offering you sound advice, tailor-made solutions and personalized follow-up.
🔍 Compare, choose and save with confidence with Economical Assurance!
Economical is a mutual insurance company with a variety of corporate names, including:
- Missisquoi Insurance Company, serving only Quebec: Economical was established in 1871 and is one of the most prominent in the country’s property and casualty insurance industry. The company has no less than one million customers who take advantage of its products and services. It is represented in Quebec through the Missisquoi insurance company. The latter was founded in 1835 before joining the Economical group in 1956 in order to bring its experience and expertise and consolidate that of the group given that it is the oldest property and casualty insurance company in Canada.
- Economical Select®- Waterloo: Economical Select offers Canadian policyholders home and auto protection at discounted rates, leveraging their job or association. This brand is underwritten by Waterloo, an insurance company, which was founded in 1863 and has been part of the Economical group since 1980.
- Economical Mutual Insurance Company – Western General®: This brand is designed to provide adequate coverage for farm owners in Canada. Protections include housing, but also vehicles for personal or professional use, as well as machinery and agricultural activities. Such specialization is hardly surprising given that Western General was founded in 1905 by farmers, but it joined the Economical Group in 1997.
- Perth: This insurance company was founded in 1863 and is focused on special risks relating to cars and homes. Since 1968, it has been part of the Economical Group.
- Economical Financial®- Westmount Financial Inc.: Provides financial solutions and personalized support to the various transactions of partner brokers. Through competitive rates, financial investments and competitive loans, Economical Financial allows damage insurance brokers in Quebec, in particular, to develop their activities while ensuring good risk management and better succession planning.
- Sonnet: This insurance company was established in 2016 to offer innovative online insurance solutions. Policyholders have the opportunity to have an instant quote as they can manage their accounts and subscribe to an insurance policy in real-time without having to go to an insurance agency or company.
- Family Insurance Solutions Inc.: This structure was created in 1989 and 10 years later it will become part of the Economical group to become one of the leaders in the distribution of personal insurance in British Columbia.
- Petline: Specializing in pet health insurance, this company, which is the oldest in this branch in Canada, joined the Economical group in 2017. The company’s most imminent brand is Petsecure, which offers customized coverage solutions for pets in Canada. It is possible to request a quote online to effectively insure your pet.
Best P&C Insurer in Canada
Economical is a Canadian company and it provides its various products and benefits to Canadian policyholders, providing them with innovative and scalable insurance solutions and this is what sets it apart from any other brand. The customer is at the center of the strategy of this structure and this is the reason why many policyholders trust it, something that has earned it the status of leader in the field of property and casualty insurance. Its commitment to its customers, its sense of responsibility and its professionalism have earned it the best property and casualty insurer.
Thanks to its local service and its responsiveness to the needs and requirements of its customers but also its brokers, it has been able to establish itself on the property and casualty insurance market while seeking to offer the best to its policyholders and partners.
Ask for a free quote from Assur360 , a 100% independent firm offering its services in all regions of Quebec. Assur360 offers fast and reliable service when you renew, make a claim or get a quote. Treat yourself to the best with an insurance broker.
Definity Insurance Company
Definity, the new Canadian insurance company resulting from the demerger of Economical Mutual. Definity is guided by the purpose of building a better world by helping our customers and communities adapt and thrive. They strive to be a vehicle for positive change for our environment, people and communities, now and in the future. Since taking out their first insurance policy in the name of the Economical Mutual Fire Insurance Company of Berlin in 1871, they have always been neighbours who help their neighbours. Definity always offers quality products such as business insurance, car insurance, home and condo insurance .

FAQ
Qu’est-ce que Definity?
Definity Financial Corporation is the parent company of several property and casualty insurance companies in Canada, including Economical Insurance, Sonnet, Family Insurance Solutions and Petline. These subsidiaries offer a range of personal and commercial insurance products, including auto, home, commercial and pet insurance.
Pourquoi choisir Economical Assurance ?
Economical is one of Canada’s largest insurers, offering comprehensive coverage and competitive rates for auto, home, and business insurance.