ACE INA Insurance Company Car Insurance Review

  • ace insurance

ACE INA Insurance Company Overview

If you want to get insurance from a large insurance company, you could definitely consider grabbing insurance from ACE INA Insurance Company. ACE INA is an insurance company that operates in 54 different countries around the world. The company provides insurance products for property, casualty, health, accident and life insurance. ACE INA insurance company helps to employ over 20,000 employees in the various countries that it operates. The companies is traded on the S&P 500 and the NYSE. ACE INA Insurance did pretty well in terms of profit ranking 55th for all insurance companies in 2015 with a total profit of $4,455,000.

Products Offered by ACE INA Insurance

ACE INA Insurance has been around since 1985 and over the years they have come to develop a huge variety of insurance products or their customers. It is quite obvious that ACE INA Insurance Company has done well for themselves as they are located all over the world providing insurance policies for customers they need. The company makes it easy for you to be able to locate an insurance broker so that you can talk to someone about the insurance policies that are available in your area. Here is a list of the various insurance policies that ACE INA Insurance currently has to offer:

Personal Insurance:

  • Automobile
  • Home
  • Motorcycle
  • Recreational boating
  • Recreational vehicles
  • Aviation
  • Off-road
  • Travel

Commercial insurance:

  • Farm
  • Contractor
  • Liability
  • Industry
  • Business
  • Casualty
  • Surety

Life insurance:

  • Financial
  • Disability
  • Investments
  • Retirement
  • Group insurance

ACE INA Insurance Company Car Insurance Review

In order to be able to decide if ACE INA Insurance Company is an insurance company that you want to go with it is important to know how much business that they do. Knowing the amount of business that an insurance company does is a good way to be able to tell if they are a popular company. Generally, in order to become a popular company an insurance provider has to have quality plans and good availability. One good Way to tell how much business an insurance company has done is to look at their total written auto premium. Looking at the total written auto premium will show you how much money that the company collected before claims were paid out. In 2015, ACE INA Insurance had a total written auto premium of $36,296,000. As you can probably tell by looking at this number ACE INA Insurance Company does a lot of business in Canada and therefore they should be a relatively safe company to get insurance with.

ACE INA Insurance Company Car Insurance Products:

Roadside assistance:

ACE INA insurance is an insurance broker that offers roadside assistance packages for its customers. The company has roadside assistance in both Canada and the United States for a very reasonable price tag. If you have ever been stuck on the side of the road and need things like a tow, a battery boost, help with unlocking your doors or gas delivery then roadside assistance was meant for you. The best thing about roadside assistance is that you don’t have to count on someone else to bail you out if you happen to get into trouble with your vehicle. Definitely a package that you should consider picking up.

Investment protection:

If you’re buying a new vehicle, you might want to consider getting some sort of investment protection package. Investment protection packages are designed to give the customer peace of mind when buying a new vehicle. This is accomplished as a result of a plan that allows the customer to receive the full value of their vehicle if they happen to get into an accident where the vehicle is non-repairable. This package also helps to protect you against things like theft or loss of your vehicle.

Rental coverage:

If you haven’t get into an accident and end up with a seriously damaged vehicle, you might find yourself having to rent a vehicle for some time before yours gets fixed. Renting vehicle can be quite costly, especially if your vehicle is in the shop for quite some time. Luckily, you can get rental coverage which will cover the cost of your rental car, taxis, or public transportation costs until you get your vehicle back in working order.

Accident recovery benefits:

One thing that you might be concerned about when driving a vehicle is what happens in the event that you die or get seriously injured in a car crash. Adding accident benefits onto your insurance will help to cover you in the event you need things like medical care, rehabilitation, and medical supplies after an accident occurs.

Discount:

Since ACE INA is an insurance broker they have so many different discounts to offer their clients. Expect to be able to get a discount by insuring more than one vehicle or by combining both your home and auto insurance through ACE INA. The company also offers discounts for people who sign up for two-year contracts, people who have good driving records, people who buy environmentally friendly vehicles and for people who take drivers training courses.

ACE INA Insurance Company Total Sales/ ranking by province

To help you be able to decide if ACE INA Insurance Company is a company that you want to deal with, you might want to find out how popular they are in your province. Just because ACE INA Insurance Company has a relatively high direct written premium doesn’t mean that they are popular where you live. It is important to find this out as different insurance companies do offer different plans in different provinces and it is important to be able to find a company that offers good plans in your area. To help you be able to find a quality insurance company in your area, we have compared the direct written auto premiums by province for ACE INA Insurance Company and compared them to the top 30 insurance companies by province. Here are the results that we found:

Province:Direct Written Premiums 2015Ranking on Top 30
Newfoundland387,00014
Prince Edward Island185,00017
Nova Scotia506,00024
New Brunswick2,177,00019
Quebec2,671,00024
Ontario18,835,000N/A
Manitoba626,0006
Saskatchewan714,00010
Alberta8,941,00025
British Columbia1,102,00011
Yukon Territory86,00015
Northwest Territories50,00018
Nunavut16,00019

Resources:

https://en.wikipedia.org/wiki/ACE_Limited

http://www.intergroupe.ca/10-Insurer/Ace-Canada.html