Edmonton Group Car and Home Insurance
Welcome to the Program, Partner!
At MBS Insurance, we’ve partnered with many organizations and associations in Edmonton to offer exclusive group discounts on car and home insurance through Economical Group Insurance. As a member, you have access to over 600 claims professionals, 24-hours a day to meet your insurance needs. Best of all, Economical Group Insurance has one of the highest claims satisfaction ratings in the business, so they'll be there when you need them most.
If you are a member of one of these groups, call for a quote and see how much you could save.
Learn More about Our Group Underwriting Partner
Click on the links below to learn more about our group underwriting partner – Economical Group Insurance.
Looking for More Insurance Savings?
We offer additional insurance discounts for:
- Conviction-free drivers
- Policy renewals
- Claims-free drivers & homeowners
- Mature, 50+ policyholders
- Homes & cars with alarm systems
- Multi-policy bundles
- Mortgage-free homeowners
- New construction homes
- Loyal, repeat clients
Do You Work in a Professional Field?
We offer occupational discounts on insurance for many professionals, including:
- Civil Servants
- Medical Professionals
Our Group Underwriting Partner
You need an insurance company with a strong financial backbone and the capacity and know- how to represent and deliver quality, value, and consistency.
Founded in 1871, Economical Insurance has been protecting Canadians for over 140 years with innovative home, automobile and commercial insurance products and a market-leading claims service designed with our policyholders in mind.
A Canadian-owned and operated company, Economical provides a wide range of personal, commercial and farm insurance products to customers in all provinces and territories across Canada. Today, Economical is one of Canada’s leading property and casualty insurance companies with nearly 2,300 employees at 17 branches and service offices from Halifax to Vancouver.
Welcome to Economical®
Economical Group Insurance is one of the leading property and casualty insurers for groups in Canada. This insurance carrier has designed comprehensive insurance packages for Group Property and Auto Insurance. They’ve been partnering with employers and professional associations for more than 20 years to provide excellent coverage at discounted rates to members.
Economical® offers a broad selection of property insurance products to protect homes and properties. These product packages are designed with the policyholder in mind and offer excellent coverage, flexible choices, and the benefit of significantly discounted rates.
The product includes:
- Homeowners: insurance for those who own a single family dwelling, duplex, triplex, modular home, semi-detached or town home
- Condominium: insurance designed for contents, personal liability, and extra property limits (Including improvements and betterments, contingent loss and property loss assessments in accordance with Provincial Condominium Acts) and personal liability.
- Coverage for jewelry, cameras, sports equipment, etc.
- Tenants: for individuals who require coverage while renting a dwelling from others
- Seasonal Dwellings: covering seasonal/vacation homes, trailers and campers
- Rented Dwellings: for individuals who are the owners of a rental unit(s)
- Increased Liability Limits: are available for those who require additional coverage
Auto insurance coverage is mandated by the government. Paying a high insurance premium doesn't have to be the case if you participate in an Economical program. Within the program the following types of motor vehicles can be insured in the province of Alberta:
- Private passenger vehicles
- All-terrain vehicles
- Recreational vehicles including campers, trailers and motor homes
Economical® - Group Insurance Program Benefits:
- Discounted rates could reduce insurance premiums dramatically
- Regular policy discounts are available on both property and auto policies in addition to the group discount
- No interest or service charges/fees
- Potential savings of 3% of the total premium (most insurance companies charge service fees on payment plans)
- Licensed insurance agents provide professional insurance counseling
- Quality insurance protection
- Convenient payment plans with a variety of payment options
- Choice of flexible payment schedules to best meet policyholder’s needs. Payments can be made via Internet, payroll, telephone, ATM, financial institution, credit card, cheque or money order
- All current employees/members or retirees are eligible for the program
- Fast, fair, courteous 24-hour claims service across North America, through one toll-free number
24 Hour Claims Service
Economical® Group policyholders have access to our 24 hour claims service across North America. Making a claim doesn't have to be frustrating. You need qualified claims experts to ensure fast, quality service every time. Expert claims representatives at Economical® will guide you through the process with all the tools and information you need.
- 24-hour claims service, 7-days a week
- 600 claims professionals servicing policyholders in several languages
- 15 claims service offices across Canada
- Catastrophe response teams
- Specialized units dedicated to ensuring you receive the right claims services specific to your needs
Rely on Economical® for fast, friendly, quality service when you need it most.
Claims in Canada and U.S.A. call: 1-888-727-9605
Don’t forget about your pet!
As an added benefit, MBS Insurance Brokers Ltd. and Economical Group Insurance have teamed up with Petsecure™ to offer excellent coverage for unexpected illnesses or accidents. And here’s a treat — as a member, you’ll get a discount when you purchase your Petsecure policy!