Chieftan Insurance Company
Founded in 1999, Chieftain Insurance is a subsidiary of Travelers Insurance. They offer a range of products covering both home and auto insurance to consumers in Ontario. Chieftain Insurance aims to provide a range of standardized, basic insurance at low prices. If you are an Ontarian on a budget simply looking for an insurer who will provide a reliable policy that meets all the legal requirements without expensive add-ons, Chieftain might just be for you. The company provides three major perks with their policies:
Continuous protection
Simply put, this eliminates the fear of your policy running out. Chieftain Insurance automatically renews its customers’ insurance plans. So, your insurance policy never expires, unless you choose to terminate it at no extra cost.
Flexible payment options
Chieftain Insurance accepts a range of payment methods so you can pay directly via credit card, or choose an online or telephone banking option.
Direct savings
Chieftain adjusts the cost of your insurance policy every month. This means that any rewards you earn are applied more quickly than with a yearly payment plan. So, if your driving record is pristine, you will see your insurance rates reflecting your good driving from one month to the next. Chieftain’s direct adjustment means you see savings directly.
Chieftan Insurance Perks
Along with their policy perks, Chieftain Insurance also supplies the following:
- Extremely competitive prices: Because of its basic coverage model, Chieftain’s prices are tough to beat.
- Up to $2 million in liability coverage. This exceeds the minimum requirement of $250 000 and lets you rest easy knowing you’re adequately covered in the event of an accident.
- No deductibles: Chieftain Insurance allows you to access immediate reimbursements for damage to your property (home or auto) without a deductible charge.
- Depreciation Waiver: Chieftain Insurance will not factor the cost of your vehicle’s depreciation in your insurance cost.
- Liability coverage for vehicles you do not own: If you rent a car, your insurance policy will extend its liability coverage to your rented vehicle.
- Loss of use insurance: If your vehicle becomes damaged and unusable in an accident and you choose not to hire a replacement until your vehicle is repaired, you can claim loss of use compensation.
- All perils insurance with a $1000 deductible: If you’re willing to take on the $1000 deductible, you can insurance your vehicle against a huge range of risks including hail, fire, vandalism, and flooding.
- If you choose to purchase home insurance from Chieftain, you can enjoy unlimited coverage for electronics and other personal valuables, such as silverware and jewelry.
How to get in touch
In order to obtain a quote from Chieftain Insurance, you can visit their website to find a quote directly from a broker: https://www.travelerscanada.ca/find-a-broker/index.aspx. It’s important to remember that Chieftain Insurance only supplies coverage to car owners in Ontario. If you’re from any other Canadian territory, you will have to look for a different localized, affordable insurer.
If you are tempted by Chieftain Insurance’s products but want additional kinds of coverage, it’s worth looking at the parent company, Travellers. Travelers Insurance tries to maintain relatively low prices while including a much broader range of add-ons.
