Industrielle Alliance Compagnie Insurance Car Insurance Review

  • Industrielle Alliance Compagnie

Industrielle Alliance Compagnie Insurance Company Overview

company

As you can likely tell, the insurance company is based out of Quebec. Industrial Alliance Insurance, however, is one of the largest insurance companies in Canada. The company has over 5000 employees across the country and they have actually been around since 1892. AI insurance has recently started to expand its business into the U.S. marketplace, but it currently sits fourth place in Canada, which is by no means a small feat in the insurance industry. Industrielle Alliance Compagnie did not do so well in 2015 in terms of profits. In fact, the company actually had a loss of -$5,360,000. The good thing though, is that you definitely don’t have to worry about this company not being able to pay your premiums as they are one of the largest players in the industry and they are more than capable of taking on a few losses such as this one.

Products offered by Industrielle Alliance Compagnie Insurance Company:

insurance

Choosing an insurance company is important as policies range depending on who you choose to get insurance with. Different insurers specialize in providing certain policies to their clients, but Industrial Alliance is such a large company that they basically cover it all. It is always important to look at the finer details of a policy to make sure that you truly have the coverage that you desire for the things that you need. Here are some of the many insurance policies that the company currently has to choose from:

Automotive Insurance:

Home Insurance:

  • Condo
  • Bungalow
  • Cottage
  • Triplex
  • Multi-family
  • Mobile
  • Content insurance
  • Sewer backup
  • Water infiltration
  • Outside buildings
  • Natural disaster

Industrielle Alliance Compagnie Car Insurance Review

One good way of determining if an insurance company is large enough and good enough for you is to determine how much money they collect from their clients. Before profits are deducted, that number is referred to as the total written auto premium. For by Industrielle Alliance Compagnie Insurance Company, their total written auto premium is separate from that of Industrial Alliance Company. The total written auto premium for by Industrielle Alliance Compagnie Insurance Company in Quebec was $136,863,000. However, when choosing a company it is important to keep in mind how much other financial backing the company has to be able to pay claims that are made. This company is backed by Industrial Alliance, which does a ton of business all over the country.

Industrielle Alliance Compagnie Car Insurance Products:

Automax Benefits:

If you are looking to have a full spectrum of coverage for your vehicle, you may want to consider grabbing this coverage. In the event of an accident, this coverage will give you money for accommodations if you are in an accident while traveling, give you money in the event your car is completely destroyed without having to pay a deductible, give you money to allow you to rent a car while yours is under repairs, give your spouse money in the event of your death as a result of an accident, cover you if you are in an accident with a car that isn’t yours and even cover you if you happen to lose your keys. Protection all over is very nice for peace of mind and although it may cost you some extra money, it can definitely give you some peace of mind.

Discounts:

One of the ways Industrial Alliance has gotten so popular over the years is due to their reasonable insurance rates. The company will give you a discount if you have an anti-theft device on your vehicle and it will also give you a discount if you have more than one vehicle insured. Finally, you can also get a hefty discount by insuring your house and your automobile through the company. Industrial Alliance is by no means new to the insurance industry and they definitely realize that low prices get people through the door. You will most definitely find that this company has competitive rates for you to choose from.

Updating Information:

With most insurance companies, any change to your insurance policy will result in you having to call them in order to get things changed. If you get insurance through by Industrielle Alliance Compagnie Insurance Company, you won’t have to. The company allows you to be able to make changes like adding and removing a car directly on their website. You can also phone if you find that easier, but in terms of convenience, this is an ideal feature.

Payment Terms:

Everyone has different budgets and for some people, it can be difficult to pay for your insurance on a particular day of the month. Industrielle Alliance Compagnie Insurance Company makes it extremely easy to be able to change your payment method and date of collection. Depending on your pay day at work, your current policy may not work so well for you. It is extremely nice to be able to choose your own policy so that you can get something that works with your budget.

Industrielle Alliance Compagnie Total Sales/ ranking by province:

quality

Seeing how popular a company is, is extremely important in terms of being able to determine if they sell quality products for a reasonable price tag. The better the deals available, the more the average public will flock to those deals and take them. Although we don’t have too much to show you on this table for provinces other than Quebec, you may be interested to see how the company holds up in terms of their ranking among other insurance companies business-wise. To show you, we created a table containing the direct written premiums organized by each of the provinces in 2015. The table shows how the company ranked in each province compared to the top 30 insurance companies. Here are the results we found:

Province:Direct Written Premiums 2015Ranking on Top 30
NewfoundlandN/AN/A
Prince Edward IslandN/AN/A
Nova ScotiaN/AN/A
New BrunswickN/AN/A
Quebec136,863,0005
OntarioN/AN/A
ManitobaN/AN/A
SaskatchewanN/AN/A
AlbertaN/AN/A
British ColumbiaN/AN/A
Yukon TerritoryN/AN/A
Northwest TerritoriesN/AN/A
NunavutN/AN/A

Resources:

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