Economical Insurance Auto Insurance Reviews

Economical - sure they're cheap - but believe me when I say, when you need them the most, they'll simply leave you hanging.

Only when you are faced-off against the insurance company, will you realize how powerless we as consumers actually are - laws written by the insurance industry ... for the insurance industry!

Of all the complaints of home and auto claims, from people I know, about 20 in total, all but one was with Economical.

For one case, a near fatal car crash by an impaired driver.

It took 5 yrs to settle - fighting with their own insurance provider - Economical!

Economical will try to hold out to force the insured into taking a far lesser settlement. Economic duress is just one of the tools they employ - all very legal - naturally! All very sneaky - all very calculated and deliberate!

Horrible experience - they try every angle to wiggle out of liability.
I imagine most of the insurance industry is similar - but the vast majority of complaints I am aware of was with Economical - including family members.

If you have an older vehicle, say more than 5 years - and happen to be in an accident, no fault of your own, Economic provides little regard to anything other than the blue-book price - no matter how good a condition the car was prior. The same vehicle that you could have driven for years to come, with only maintenance costs, will see you forced you into a new/used car payment - in the end be prepared to loss money - again no fault of your own.

The province sold the farm when no-fault laws were passed ... by the insurance industry, for the insurance industry ... on our kind behalf!

Know the fine print and be sure to reference feedback by other consumers. Full credit to this website serving as a consumer forum.

Experiences, comments, and opinions of the author.

Be forewarned - cheap isn't cheap - when it comes to insurance!

Total loss on my car, not my fault. They wouldn't cover for my storage at the body shop it was at, wouldn't pay for my repairs that was done on my vehicle (e.g. new engine & transmission).Wouldn’t pay for my child seats that was in the car. They didn't care about my injuries that I sustained in my accident and was only concerned about cutting costs on their end which ever way they can. Adjusters Ricardo and Shalini (extremely rude) and the whole company was just trying to take advantage of me on my first accident example by asking me "if I'm injured why do I have a rental? "You should return it if you not going to use it. Why does it matter if I have a rental I'm entitled to it under my policy and I can have it parked the whole time at my House or drive all over with it. It’s up to me on what I want to do with it.

This is hands down the worst experience I've ever had with any type of company. The people who work here are rude. I was told to get a rental then later told they are not going to cover the rental so now I'm down 4500.00 for a rental. I have been waiting 3 months now for my claim or to even find out what is going on with my claim but am told every single time that its under investigation. These people are very I'm going to say special because i cant swear. I do not recommend this insurance company to anyone. Please save yourself the headaches and go somewhere else - these people are not competent.

both times I was not at fault and they tried to charge me. second time my car was written off and they gave me two weeks to have a new one or they would cancel my policy and my rates would double. very rude would not listen to me hung up on me multiple times and would not call back. I know all insurance companies are bad but they really have made my life hell. my suggestion is to avoid cowan insurance brokers and economical as a company

There is no rating for this company! Just over a month ago i had my 2004 chevy silverado stolen, it was done up, really well taken care of and had very low km, i valued this truck at around 11 grand, they offered me 6000 dollars because i didn't have receipts for all the work done because i did a lot of it myself, i refused expecting them to offer a little more but nope, they sent me a dispute package and told me to get an appraisal myself, so i spent $180 bucks to get that done and what do you know after taxes the truck was appraised for just about 10 grand, so thinking i'd finally get a reasonable offer i sent that in to have they're appraiser look at it, they offered me only $400 more than the first offer, how could they offer me so little when the information proving its worth more is right there, they're appraiser valued the parts on the truck nowhere near what they were worth, $30 bucks for $200 tinted windows, $40 for a $3-400 dollar center console, ridiculous!!!!! all they want is your money and they want it right away, but when you want the money they don't wanna give you a penny! I insured 3 vehicles and my house with them and the price was reasonable but they aren't worth my money, I will definitely be leaving them

They deserve less than 1 star, but unfortunately 0 stars is not an option!

I was involved in a hit and run accident in which my car door was dented. I spoke to people at the insurance company 4 times, while I was debating whether or not to make a claim. Each time, they promised me that because it was a hit and run, my rates would not go up. I was responsible for the deductible but that was it.
I asked them if I could just try and knock the dent out myself, and they said that I could definitely not do that because then if it didn't work, the adjuster might deem it to be not from the accident and it wouldn't be covered. They advised me to get it fixed as soon as possible.
I went ahead on their advice and got it fixed.

The day I was due to pick the car up, someone from Economical called me and said that they were wrong, and that now they had decided that I was at fault in the hit and run, and that my rates would go up accordingly because I had made a claim. I told him that I never would have put in the claim knowing that, and that they promised me this wouldn't happen. I asked him if he could go back and review our phone calls as they were "recorded for quality assurance". He said he would. I asked him if he could send me a copy, and he said he could not do that as they were for internal use only. I asked about the "Quality assurance", and he responded "that is for OUR quality assurance, not your quality assurance".

I then told him what one of his workers had said about the knocking out of the dent, and he directly contradicted what I had been told by someone else. He said that I should have tried to knock the dent out myself, and they still would have covered it.

They basically encouraged me to make a claim, promising me that it wouldn't make a difference to my rates, and then directly went back on their words. I am immediately switching insurance companies, and I will forever suggest to my friends that they do not use Economical!

I had an accident where the other driver was at fault and charged. My 90 year old mother was the passenger, she suffered both physical and emotional pain. The car that was cared for many years by my dad was given to me after he retied from driving was written off. Here is both myself and my mother in shock and the car (a 97 olds cutlas that i could have driven for a few more years with because of its care and mint condition low KM was written off and i was offered what they call cash value of $1500. As someone else posted here i could get another appraiser have it go to what they call and umpire ,i declined and they say they closed the file so i have nothing but i now have to come up with funds from my pocket to buy a vehicle and pay for it with what i receive from my pension.

Economical Insurance is a company that should not exist. Over a year ago I was in a car accident and I am still dealing the aftermath with my Insurance. I have made only one claim with them because of my accident. Just recently they send me a letter in the mail stating that I have exceeded the "allowable risk factors" and I can no longer be insured with them. Note that I only ever made one claim. Customer service is dreadful as they do not explain their policy's right and the only way to find clear answers is to speak with management.

Ever since I have been insured with this company I always felt like I was being robbed. Before the accident I was paying around $250 a month to insure my vehicle which was a 1999 Chevy. After the accident I had to purchase another vehicle. It took a lot of hassle just to get the company to give me money for my old car which was a total loss. After my new car was purchased ( a 2013 Chrysler) my insurance went through the roof. My premium changed drastically. They adjusted it to be almost $700 a month!!!! What was really bizarre is this was adjusted because of the change of vehicle. The accident wasn't even accounted for yet until the next renewal period. I called to complain about this, and it was actually their fault because of false information in their file.

Any adjustment were sent to me in a very untimely manner. I would receive adjustments to my policy in the mail toward the end of the month when my monthly payment was due. It was ridiculous.

Overall the experience I had with Economical's auto insurance is so below standards that I wish it didn't exist. I actually had more stress dealing with these people than dealing with my well-being after my accident. It was a nightmare. I suggest anyone to stay away from this un-economical and unsatisfying auto insurance company!

After a car accident, I suffered a herniated disc. I was unable to walk, sit, stand, dress, perform any sort of activity of a normal life. I contacted my physiotherapist as I do not have a doctor who will listen. I was told to ask my pharmacist what to do. In order to get to my physio appointments, I had to lay down in the back of my car as I couldn't sit upright at all. I was not at fault for the car accident. I was granted coverage for physio. Thanks to COVID 19 my clinic ended up closing down for 4 months dramatically hindering my recovery. Any compassionate human would take this into consideration but not Economical! I have been repeatedly harassed by a representative demanding my full medical history for the past FOUR YEARS which is not relevant to this case. He continues to harass me and demand sensitive medical information and accuses a "pre-existing condition" for my need for continued care. I will not hand over those files as they are none of their business. My physiotherapist has all the evidence required and should be enough. I would not need continued treatment if I had not been set back 4 months thanks to COVID. Apparently, that doesn't matter. He's looking for any excuse possible to get rid of my claim. I'm being harassed and treated like a criminal.

DO NOT TRUST THESE THIEVES! I am a 60 years old male that has one accident non-fault in 1978, perfect driving record. Was with the same broker for 23yrs+. Home, Buss. three vehicles full coverage. Claim free. Four years ago was switched Economical Insurance without my consent. Though a lower rate was offered, I had reservations. Since then the rate has doubled! March returned home discovered large dent on drivers door 2 years old truck . Upset, but not surprised in too days society. Contacted broker. Not to worry full coverage we will take care of it. Contacted 4 days later by Kelly. Was basically interrogated rude condescending attitude for 45min. Insinuated that it was I that had slid sideways into another vehicle and failed to contact police file report informed Kelly that it would be up to the adjuster to determine. Contacted broker informed agent of conversation, was told that we have no control who the adjuster will be. Emailed photos of the damage, statement. Waited for response & waited & waited. Contacted broker 2nd week May. No problem we will take care of it. Call not returned. Contacted Kelly 5 times by email no less than 10 phone messages & to other Economical representatives that just blew me off, between June & Aug. 30. Numerous attempts to resolve this matter was ignored by my trusted family broker, one excuse after another over a three month period! During this time I got a price from two body shops $3300& $3600. What kind of Corporation would offer forgivable first claim? Insult the client to the point of legal action. Not even inspect, asses the damage. Would it not be a good buss. payout a minor claim of $3600 ($500 deduct) and keep the premiums flowing in. Guess not at Economical Insurance. Received renewal on Sept 2 and to insult me more Economical attempted to raise my premium by all most 30 %. I had already contacted another Insurance provider in July and received a substantial $ 1000+ lower rate. I have had the repair done at my own expense. Cancelled home buss. vehicle coverage by Broker, Economical in a total of $4400 annually. Just before deciding to warn others, and my 5-star negative experience with unethical business practices of Economical Insurance. My broker that I considered family friends, contacted me wanting to know if the service I received prompted me to seek other Insurance providers. YES!