SSQ, Societe D’assurances Gen. Car Insurance Review

  • SSQ Assurance

SSQ, Societe D’Assurances Gen. Insurance Company Overview

company

If you are looking for insurance in Quebec and want to go with a company that makes a lot of revenue and that employs a lot of people, you should consider SSQ. The company was founded in 1944 in Quebec City and has never left Canada. The insurance company has expanded, however, and they have added offices in cities like Calgary, Halifax, Vancouver, Toronto and even Longueuil. The Company employs just over 2000 employees and has total assets equating to almost three billion dollars. To give you some idea of how well SSQ, Societe D’Assurances Gen. Insurance Company conducts their business, we found out how much money the company has made in past years. The company did pretty well in terms of profits in 2015 ranking 68th in Canada for Insurance company profits with a total profit of $2,127,000.

Products Offered by SSQ, Societe D’Assurances Gen. Insurance

Beyond looking at total profits to determine if you really want to go with this company, you should also look at the products that they bring to the table. It is always cheaper to bundle insurance packages and stick with one insurance company whenever possible. If you want to get the best deal, you should consider doing this. However, it is extremely important to make sure that they actually offer you the coverage that you need as that is much more important. To assist you in your search to see if this is a good option for you, here is a list of the current products that they offer:

Auto Insurance:

  • Accident benefits
  • Waiver of deductible in hit and runs
  • New vehicle replacement cost
  • Liability
  • Medical costs
  • Theft
  • Fire and Mother Nature
  • Vandalism
  • Broken windows

Home Insurance:

  • Legal assistance
  • Liability
  • House
  • Condominium
  • Apartment
  • Cottage
  • External buildings

Life Insurance:

  • Term life insurance
  • Permanent life insurance
  • Universal life insurance

SSQ, Societe D’assurances Car Insurance Review

Trust and business is generally earned through offering good policies and by offering quality customer service. The more business a company does, the more likely it is that they are going to make a profit and be around in the future. You will want to make sure that your insurance company will be around in the future as you want to be able to make any claims that you need to. Keeping all of this in mind, SSQ, Societe D’Assurances Gen. Insurance Company had a total written auto premium of $122,085,000. This essentially means that before paying out claims to their clients, they collected just over a 120 million. A very substantial dollar figure and one that should likely hold this insurance company up, over the long term.

SSQ, Societe D’assurances Car Insurance Products:

products

Claims Service:

If you want good customer service, you don’t have to look past getting insurance through SSQ, Societe D’Assurances Gen. Insurance Company. The company has a 24-hour line that you can call in order to make a claim. This is great from a customer perspective as it allows you to be able to call when you have free time on your hands. We all know that discussing insurance can take some time, which is why it is nice to have a company that is willing to talk at any time of the day.

Roadside Assistance:

When you are out on the road, you could literally break down at any point in time out of nowhere. This could be a major problem depending on where you are located. However, if you choose to get insurance through SSQ, Societe D’Assurances Gen. Insurance Company, you will have a problem no longer. The company offers a 24-hour roadside assistance program. This means that you don’t have to worry about your location, what time it is or how much it is going to cost you to get assistance. Definitely, a nice add-on to give you peace of mind when driving alone.

Reducing Deductible:

Discounts are one of the main reasons why some people choose one insurance company over another. SSQ, Societe D’Assurances Gen. Insurance Company does offer a few different discounts to their customers as an incentive to continue to get insurance through them. The company offers their customers a deductible that lowers each time that a policy is renewed through them. This number can definitely add up over time and it is certainly nice to have a low deductible when you get into an accident. Although you might not notice this discount on your premium, you might feel a lot more comfortable.

Payment Options:

Some insurance companies are very tough when it comes to payment options. SSQ, Societe D’Assurances Gen. Insurance Company is pretty relaxed. The company offers their clients the ability to be able to pay online in 1-3 installments, which means that you don’t have to take a huge blow at once if you don’t want to. This is an ideal policy for people who are a little short on money and want to budget themselves accordingly. Some people will be fine with just paying their insurance in one installment, but even if you are fine with that now, it is nice to know it is there for you if you need it in the future.

SSQ, Societe D’assurances Total Sales/ ranking by province:

ranking

One thing that could be of help to you in deciding if you want to go with SSQ, Societe D’Assurances Gen. Insurance Company is knowing how much business the company actually does and how they rank compared to other insurance companies. To help you be able to see this, we decided to create a table going over how much money SSQ, Societe D’Assurances Gen. Insurance Company made in each province as well as how they fared compared to the top 30 insurance companies in each location. Here is what 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
Quebec122,085,0006
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://ssq.ca

https://ssq.ca/individuals/insurance/auto-insurance/products/basic-coverage

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

https://ssq.ca/individuals/insurance/auto-insurance/products