Naturally, when you shell out an annual premium, you would expect maximum benefits on the table. With dozens of car insurers in PEI ready to cover your vehicle, how would you narrow down your options?
Well, you can visit this site to consult with the established insurance brokers at Surex. With professional guidance, you can find affordable policies within minutes.
While exploring the top PEI insurance companies, you need to scrutinize their profile. Along with this, car owners habitually check the claim approval rate, time taken to process claims, discounts, and range of coverage. Would it be logical to squander your time doing all the research yourself? Working with an established insurance broker, you can get the best policies recommended.
Explore the top insurance companies in PEI where you can find adequate coverage for your car.
1. Aviva Insurance
Catering to more than 2.4 million customers with a variety of insurance services, Aviva has grown into the second-largest general insurance company in Canada. As you might expect from such leading car insurance companies in PEI, Aviva offers excellent car insurance services. Aviva’s car insurance has earned a Trustpilot rating of 4.5, which is indeed quite impressive and reassuring.
One of the best things about the car insurance policies offered by Aviva is that as long as you keep your vehicle insured with them, the repairs will be covered for the remaining years. Most car insurance companies guarantee this for only three to five years.
Aviva also offers a multicar discount – for every extra vehicle added to the policy; you get a 10% discount.
The uninsured driver promise is certainly helpful too. In the case of an accident with an uninsured driver, any excess you pay will be refunded by Aviva. Moreover, this won’t have an impact on your no-claims discount either. You may opt for optional motor legal protection, which will cover your legal expenses if you take legal action following an accident.
2. Wawanesa Insurance
Wawanesa is an excellent choice for car owners particularly worried about financial constraints. This reputed car insurance provider offers competitive rates, which means you’re more likely to find a policy that fits your budget. The payment terms are also flexible, which should be of further help.
Besides standard auto insurance, this company also provides optional coverage for rental reimbursement, on-road assistance, and manufacturer replacement parts. However, Wawanesa doesn’t have a mobile app – you’re required to purchase your car insurance policy over the phone or through an online brokerage.
Based in Canada itself, Wawanesa offers you a wide range of car insurance policies with varying coverage to choose from.
However, there’s a catch – they sell insurance only to drivers with one or two traffic violations or accidents where they were at fault in the last three years. That is how Wawanesa profits despite their low premiums, by avoiding high-risk customers. Getting a DUI or a ticket or causing a wreck will result in your premium getting spiked up.
3. Pembridge Insurance
You might not find Pembridge to be the most well-known option considering it’s relatively new in the car insurance industry and was established only in 1999.
However, this reputed service provider is actually a subsidiary of another much more established auto insurance company – Allstate Insurance. Hence, you may rest assured that Pembridge is a safe choice too. This insurer has an impressive reputation for retaining lifelong customers, which is reassuring.
A standard car insurance policy from Pembridge is comprehensive enough, covering uninsured drivers, liability, personal harm, and repairs for your car. Other optional coverages you can get include collision coverage, peril coverage, loss of use, waiver of depreciation, and damage to non-owned vehicles. Round-the-clock availability of claim staff who can provide you with instant assistance regarding service and repair programs further improves the experience.
4. Economical Insurance
Economical Insurance is an excellent option for those seeking a well-established auto insurance provider with a long and reliable track record. This insurance company was established back in 1871, which means they have been offering insurance services for over 150 years. The rates are already quite pocket-friendly.
Moreover, you can enjoy various discounts by insuring multiple vehicles, bundling home and auto insurance, or installing an anti-theft device on your car.
Besides, Economical Insurance is one of the best PEI insurance companies when it comes to personal coverage. Rather than placing the policyholders into different brackets like most insurers, they consider an individual’s exposure to tailor the premiums. Experienced, conviction-free, and accident-free drivers enjoy special discounts.
When it comes to cost-effectiveness, Economical car insurance remains true to its name, making it one of the top PEI auto insurance companies.
5. Intact Insurance
You may have already heard of Intact Insurance, considering it’s the largest home, auto, and business insurance company in the country. Besides, it also happens to be a part of one of the oldest insurance companies in Canada, founded in 1909 – Intact Financial Corporation. The insurance company has a network of certified repair shops. The repairs are guaranteed, and thanks to the network, they’ll be quick and hassle-free.
Their 30-minute claims guarantee makes them particularly special. As per this guarantee, Intact Insurance will pay you the full annual premium amount up to a maximum of 1000 dollars if they fail to act on your claim request within 30 minutes of receiving it. The policies are quite reasonably priced, and the insurance service is available in all Canadian provinces.
The top PEI insurance companies — Endnote
We have listed the top auto insurance companies in PEI, where you can find your coverage at affordable prices. However, you may have special requirements if you happen to be a high-risk driver. Also, if you own a luxury vehicle, or have too many modifications, it might be challenging to keep your premiums low.
Reach out to reputed online car insurance brokers in PEI to curtail your auto insurance costs. The professionals keep track of the best policies that can suit your needs. Accordingly, they can help you bank on discounts and bag a lucrative deal.