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The Personal was the first insurer in Canada to provide auto and home group insurance, the concept was originally common only for group life insurance. [3] Auto and home were the only products offered initially. Later, The Personal broadened their range of services to include other products, such as recreational vehicles, travel and pets. [3]
Founded in 1974, The Personal is subsidiary of Desjardins General Insurance and a Canada property and casualty (P&C) group insurer that specializes in home insurance and auto insurance. [12] They offer multiple services to their partners, and are specialized in offering group exclusive rates. They represent over 700 public and private ...
This is a list of Canadian insurance companies. The top insurance providers in Canada are Manulife , Canada Life (subsidiary of Great-West Lifeco ), Sun Life Financial , Desjardins , and IA Financial Group (aka Industrial Alliance).
Other business derives from Desjardin's group insurance (The Personal), white label activities with Scotiabank, brokerage with Western Financial, and activities related to the exclusive agents of Quebec. [4] In 2018, State Farm Canada was officially rebranded to Desjardins Insurance through Desjardins Insurance Agents.
Public auto insurance is a government-owned and -operated system of compulsory automobile insurance used in the Canadian provinces of British Columbia, Saskatchewan, Manitoba, and Quebec. It is based on the idea that if motorists are compelled to purchase auto insurance by the government, the government ought to ensure motorists pay fair ...
Your car insurance typically covers family members and friends who infrequently borrow your car, but understanding the coverage limits helps protect you from unexpected costs.
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