Millennium Insurance Corporation
Based in Sherwood, Alberta, Millennium Insurance Corporation is a Canadian insurance provider offering a variety of insurance policies, including car insurance, home insurance, commercial property insurance, new home warranty, builder’s risk, general liability, and more.
MIllennium Insurance is owned by the FirstCan Group, a provider of a variety of commercial and retail financial services and also the largest aftermarket products and group creditor supplier of the Canadian automotive industry. Since their debut, Millennium Insurance Corporation has claimed a significant market share value in Alberta at 0.60%.
What type of coverage can I expect?
It is required for all drivers in Canada to have a minimum of $200,000 in third party liability, accident benefits, uninsured automobile coverage, and direct compensation property damage. Millennium Insurance Corporation offers both mandatory and optional additional coverage options to their customers.
Liability Insurance
This protects you if you’re responsible for injuring someone or damaging someone else’s property.
Accident Benefits
Offers financial benefits while you’re recovering from a car accident.
Uninsured Automobile Coverage
Uninsured automobile coverage provides coverage for personal injury or property damage caused by an uninsured driver or a hit-and-run.
Direct Compensation Property Damage Coverage
Financial protection if the other driver causes a collision and damages your car and its contents.
Optional Car Insurance
While a standard insurance policy only provides the basics when it comes to coverage, many drivers choose to purchase additional coverage for their policy.
Collision Insurance
Covers costs of damages should you be involved in a collision.
Comprehensive Insurance
Covers costs of damages beyond your control such as theft, weather, fire, falling objects or vandalism.
Mechanical Warranty
Covers the cost of vehicle breakdowns and renting a vehicle.
Millennium Car Insurance Quotes in Select Cities
The above table compares quotes from Millennium Insurance in various cities in Alberta. You can see that car insurance is the most expensive in Edmonton, with an annual premium of $2,445. On the other end is Athabasca, with the cheapest annual premium at $2,078. These quotes were calculated using sample car and driving profiles and should be used only as a general average. While your premium will depend on the city you live in, it will also vary based on other factors including your claim history, the type of car you drive, years of experience, postal code, eligible discounts, and more.
Does Millenium offer car insurance for recreational or commercial vehicles?
Yes, you can purchase coverage for both recreational and commercial vehicles through MIllennium Insurance.
Insuring Recreational Vehicles: Millenium will insure recreational vehicles including motorhomes, trailers, all-terrain vehicles (ATVs), snowmobiles, boats, and dirt bikes.
Insuring Commercial Vehicles: Millennium offers various options for commercial car insurance whether customers are looking for coverage for a few vehicles or for an entire fleet. They work with businesses to understand their needs and provide coverage accordingly.
How do I pay for my insurance policy?
There are multiple payment methods available to customers, including cash, cheque, debit, Visa, and Mastercard. Or, if you prefer, they also accept pre-approved EFT payments. Millennium requires new customers to pay premiums in full for the year. If you prefer to pay on a monthly basis, you will have to pay 20% down and pay the remaining premiums over 10 months. Once your first year with Millennium is over you can switch to have your payments spread over 12 months.
Can I cancel my policy?
Yes. As long as all policyholders sign, you can cancel your insurance policy.
How do I make a claim?
Millenium makes it easy for their customers to submit a claim. Representatives are available 24/7 using a toll free number, or you can submit a claim online using their online form.
How can I contact Millennium Insurance?
You can contact Millennium Insurance by phone, email or by visiting their office.
Phone: Call center agents can be reached at +1(866) 467 1245 or +1(866) 467 4578. Agents are available to assist you on weekdays between 8 am and 5 pm MST.
Email: You can email any inquiries you may have to [email protected].
Office Address: Their head office is located at 340 Sioux Road, Sherwood Park, Alberta T8A 3X6. Insurance agents can be reached at 780 467 1500 or you can fax them documents on 780 467 0004.
Whether you’re looking to purchase a new car insurance policy or looking to lower your existing premium, always be sure to shop around and compare quotes from several insurance providers in order to find the best rate suited for you.
Further reading
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