Get an Economical insurance quote

You have two paths to purchasing Economical insurance.

Your first option is to purchase directly through Economical's direct agency Sonnet Insurance. The second option would be via one of Economical Insurance Canada's approved insurance brokers, such as RH insurance. Brokerages are certified resellers of insurance products for various insurers across Canada. Each brokerage establishes agreements with individual insurance companies to offer their complement of products.

The benefit of purchasing directly is that you're connecting with the source. However, they're only experts on their own products.  They only want to sell what they have to offer, not scour the market on your behalf for the best rate.

Alternatively, purchasing from an insurance broker is that they have a better understanding of what’s in the market and can provide you with a less biased take on what’s available to you. They can modify to suit the policy to your needs, not necessarily lining the pockets of the company for whom they work.

The primary drawback of purchasing insurance from a broker versus going direct is that it may cost you a bit more than if you had chosen to purchase directly from an insurer. As always, we recommend you take the time to shop and compare insurance providers to make sure you are getting the best policy for the right price to meet your needs.

Yes, in fact, all insurance companies offer Accident Forgiveness through a standard endorsement form, SEF39. Know that if you have an accident with another insurer, it can take up to 6 years to reset the accident forgiveness. Generally speaking, you have to stay with the insurance company until the reset occurs. 

Yes, in fact, all insurance companies can cover rental cars through a standard endorsement from (SEF). There are two ways that your insurance company can cover rental cars. Endorsement #27 ports your existing car insurance to the rental car so you can avoid paying the rental car insurance. Whereas endorsement #20 gives you a rental car if your car ends up in the repair shop due to an insured peril. In other words, if you're in an accident and your car needs repairs, your insurance company will pay for the rental car. 

To cancel with any insurance company, it's as simple as calling them, or your broker. However, knowing when to cancel is another question altogether. If you're cancelling mid-policy, you may be subject to fees or even paying out the remainder of your contract. For more details, read our blog 'How to cancel your insurance policy'.

No, Economical does not currently have an app. 

Yes, in fact, Economical is the commercial insurance company for Uber.  You still need to contact Economical if you'd like to offer ridesharing services to ensure full protection. 

Economical Canada offers home insurance in Alberta, Ontario, Quebec, New Brunswick, Nova Scotia, P.E.I., and B.C. They do not offer home insurance in Saskatchewan, Manitoba, Newfoundland, or any of the territories. 

In an emergency, call 1-800-607-2424 (in Quebec, call 1-888-875-8088) to speak with an agent 24 hours a day, 365 days a year. You can also submit online using their website.

No, they do not currently provide insurance for services like Airbnb or VRBO. 

No, Economical does not provide life insurance. You can compare life insurance quotes with us, though.

High-risk car insurance is for those who have too many claims, let a policy lapse due to missed payments, or have a serious conviction on their driving record. One of Economical's subsidiaries is Perth Insurance company who offers high-risk insurance.