Edmonton Group Car and Home Insurance
We have 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. Best of all, Economical Group Insurance has one of the highest claim satisfaction ratings in the business, so they will be there when you need them most.
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.
Canadian-owned and operated, 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.
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 have been partnering with employers and professional associations for more than 20 years to provide excellent coverage at discounted rates to members.
Here When You Need Us Most – Alberta Strong
When the unthinkable happens, our policyholders can depend on Economical® to restore their lives and businesses and get through the claims process quickly and fairly. When the Fort Mac wildfires hit, Economical claims adjusters from across the country came together to deliver on our promise: to be there when it matters most. See firsthand what it means to be Alberta Strong and how we truly are stronger together – as people, as a company, and as a country.
Additional Insurance Discounts
We offer additional insurance discounts for:
- Multi-vehicle policies
- 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
We offer occupational discounts on insurance for many professionals, including:
- Civil Servants
- Medical Professionals
Economical® offers a broad selection of property insurance products to protect homes and properties. These products are designed with the policyholder in mind and provide excellent coverage, flexible choices, and the benefit of significantly discounted rates. These include:
- Homeowners: for those who own a single-family dwelling, duplex, triplex, modular home, semi-detached or townhome
- Condominium: designed for contents, personal liability, and extra property limits (Including improvements and betterments, contingent loss, and property loss assessments following Provincial Condominium Acts) and personal liability.
- Coverage for jewelry, cameras, sports equipment, etc.
- Tenants: for those 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
The Government of Alberta mandates auto insurance. Paying a high insurance premium does not have to be the case if you participate in an Economic program. Within the program, the following types of motor vehicles are 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 counselling
- Quality insurance protection
- Convenient payment plans with a variety of payment options
- Choice of flexible payment schedules to best meet policyholder’s needs. Payments are made via the 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. When you are making a claim, it does not 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
What it's like to make a claim with Economical® Group Insurance..
A REAL GAME CHANGER: HOW WE HELPED GET MARK’S FLOODED GAMES ROOM AND BILLIARDS NIGHT BACK ON CUE
Even a record-breaking storm couldn’t keep Mark’s buddies from showing up for their weekly pool tournament. The team at Economical helped restore Mark’s games room in no time – and his vast record collection is safe and sound, too.
Do not 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 is a treat — as a member, you will get a discount when you purchase your Petsecure policy! Learn more