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Economical monthy pay system is the worst. they take coin out when not noted and then also diferent amounts. to solve this problem, they set me up for 3 times a year payment. but in order to do that they cancelled me and rewrote a new one, seemed like a solution at the time.

Now they are claiming on record "non-payment cancellation" from a year ago. It was their doing, they have no clue what they are doing,, but now my premiums are 4 times as much and non of this was my fault,, useless staff at Economical.

they are IDIOTS and now i have to pay the price for 3 years, of course i am poor and now i can not drive because i cant afford the premiums these *** have placed me at.

i warn everyone to stay away from them they are so crooked it isnt funny

Monetary Loss: $7.

Location: Waterloo, Ontario

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Mishel Tew

We insured home, rental units, 4 cars and business. Understandable each policy payment comes out of different accounts.

We've had our leased vehicle insurance payment (where all the automobiles are under one policy come out of the same account with an overdraft of 10K) Economical cancelled due to Economical internal accounting error citing failed payment, leasing company issues some paper all due . Fire drill every time, renewal increases every time and story repeats ..... BRUTAL.

DO YOURSELF A FAV...... USE ANOTHER INSURANCE AGENCY

Guest

If you are "poor" then you shouldn't be driving a car anyways...cars are LUXURY items NOT necessities.

Guest

Economical seems to refuse any response to anything i send to them,, they are useless and arogant. i have never seen such disreguard for the consumer as i have with economical, pass all these messages along,, they deserve to be trashed

Guest

interested in comsumer dealing with Economical Mutual house insurance

Guest

I have sent many letters to our Government Offices, Insurance Bureau, Economical Head Offices, MPรขโ‚ฌโ„ขs and Iรขโ‚ฌโ„ขm getting no help. I still can only get coverage from a few companies but at a huge rate which I cannot afford.

Itรขโ‚ฌโ„ขs pathetic. And yes itรขโ‚ฌโ„ขs the waterloo branch I had dealt with. Right now I still canรขโ‚ฌโ„ขt drive.

Iรขโ‚ฌโ„ขm now 53 with a good driving record. The dummies will still not lift the claim they caused from being so *** and lazy.

Guest

Economical Insurance Company with their office in Waterloo is the worst insurance company i ever had insurance with. I am 60 with no bad diving record or accident in the past. Somebody hit my car in parking lot of mall and i got it fixed through Economical Insurance claim. When i received invoice f claim bill paid by insurance to the collision shop it was $9000. All my car needed was just rear bumper.

In December of same year my policy was renewed with me taken responsible for that claim. They gave me new quote for next year as $550 per month. And claim is visible in my insurance record as well.

I would request others to please cancel their Auto insurance with Economical Insurance group and save yourself.

Guest

Economical Insurance Company with their office in Waterloo is the worst insurance company i ever had insurance with. I am 60 with no bad diving record or accident in the past. Somebody hit my car in parking lot of shopping mall and i got it fixed through Economical Insurance claim. When i received invoice of claim bill paid by insurance to the collision shop it was $9000. All my car needed was just rear bumper.

In December of same year my policy was renewed with me taken responsible for that claim. They gave me new quote for next year as $550 per month. And claim is visible in my insurance record as well.

I would request others to please cancel their Auto insurance with Economical Insurance group and save yourself.

Guest

Terrible interpersonal skill sets. Lack of training and experience leads to decision to leave the company and be covered elsewhere....no wonder their reputation is negative.

Guest
reply icon Replying to comment of Guest-110421

I received a letter from economical insurance company as George Brown College alumni with a group code for insurance discount. I went to their website to get quote online and used the group code.

The rate was much cheaper than Iโ€™m paying now. I was very excited and was ready to switch my auto insurance policy to them. While I was doing a research about this company, I came across this post.

Well I guess you get what you pay for.

Thanks everyone for posting this information I will just stay with my current insurance company at least I know they are reliable.

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