PC Auto Insurance Review

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Article Contents
By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on March 11, 2024

Visit author page
By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated March 11, 2024

Visit author page

4 minute read

Article Contents

PC Insurance Review

In this review, we explore the insurance solutions provided by PC Financial, a financial services brand under the umbrella of Loblaw Companies Limited, established in 1996 and based in Toronto, Ontario. PC Financial has carved a niche in the Canadian market by offering various insurance products, including auto, home, pet, and travel insurance. PC Financial provides auto and home insurance in Ontario, Alberta, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland while offering pet and travel insurance in all Canadian provinces, excluding travel insurance in Quebec, serving a wide range of customers.

When customers purchase a policy online with PC, they can expect:

  • Tailored protection for your prized possessions.
  • Round-the-clock customer support offers impartial advice from a dependable broker.
  • The process of getting insurance acquisition available in six Canadian provinces is convenient.

Leveraging President’s Choice’s strong brand recognition and trust, PC Financial stands out for its competitive pricing and commitment to delivering value, positioning itself as a preferred option for cost-conscious Canadians seeking reliable financial products.

Why Choose PC Car Insurance

PC offers auto insurance for customers in 6 Canadian provinces, including Ontario. It operates as an insurance brokerage, enabling comparisons and policy registrations from as many as nine distinct insurance partners, varying by province. Utilizing a PC Financial Mastercard to settle your premium payments grants you the advantage of earning twice the PC Optimum rewards points, redeemable for discounts at select retailers. Additional advantages of choosing PC Insurance encompass:

Underwritten by Top Canadian Insurers

PC Financial car insurance policies are underwritten by a selection of carefully chosen Canadian insurers facilitated by PC Financial Insurance Broker Inc.

Personalized Insurance Comparison

PC Financial evaluates options from nine insurance companies to find the best auto insurance tailored to your driving needs.

Comprehensive Resource Centre

Offers an extensive and user-friendly resource center that includes savings tips, safety checklists, and detailed explanations on determining auto insurance premiums.

24/7 Customer Service

Provides round-the-clock access to customer service for impartial advice from a trustworthy broker.

Competitive Discounts

PC Financial Insurance presents a variety of standard auto insurance discounts, in addition to some exclusive offers.

Pros and Cons of Buying PC Car Insurance

Exploring the offerings of PC Insurance, we uncover a combination of strategic partnerships and tailored services to address the diverse needs of Canadian drivers. Here is a summary of the advantages and potential considerations when opting for PC Insurance for your car insurance needs. This analysis will assist in determining how closely PC Insurance matches your specific insurance criteria and expectations.

  1. Backed by Leading Canadian Insurers: Policies underwritten by a select group of top Canadian insurers through PC Financial Insurance Broker Inc.
  2. Customized Insurance Comparisons: Analyzes offerings from nine insurance companies to identify the most suitable auto insurance for your unique requirements.
  3. Extensive Resource Center: Features a comprehensive resource center with savings tips, safety checklists, and insights into auto insurance premium calculations.
  4. 24/7 Customer Support: Offers continuous access to customer service for unbiased advice from reliable brokers.
  5. Attractive Discounts: Provides a range of standard auto insurance discounts and unique promotional offers.
  6. Simplified Insurance Selection Process: Streamlines finding the ideal insurance solution for your needs.
  7. Exclusive Programs: Includes benefits like PC Optimum points and waiving service charges.
  8. Valuing Customer Feedback: Follow-up and feedback mechanism post-claim to enhance service quality and process efficiency.
  1. Customer Service Challenges: Online reviews highlight issues with customer service, particularly concerning the demeanour of agents and extended wait times for responses.

PC Auto Insurance Discounts

PC Financial Insurance provides a variety of standard auto insurance discounts as well as several exclusive deals:

Bundling Policies

Enjoy savings of up to 15% when you bundle home and auto insurance, with additional discounts available for insuring more than one vehicle.

Claims-Free Discount

Discounts for periods without filing any claims, applicable to both new and existing PC insurance policies.

Safe Driver Discount

Rewards for:

  • Avoiding traffic citations
  • Having no convictions on your driving record
  • Completing driving school
  • Being a college student or graduate
  • Upgrading to a new license level without incidents (under 25)

Safe Vehicle Discount

For using winter tires and installing anti-theft devices.

Retiree Discount

Available for retirees and senior citizens.

Save With PC Points

Earn rewards points by paying premiums with PC Financial credit products. Pay your PC auto insurance premium with a PC Financial Mastercard to earn double the regular PC Optimum points. Each dollar spent earns you 20 points, quickly accumulating as you pay your premium monthly. Redeem 10,000 points for $10 at almost 2,500 stores nationwide.

Winter Tire Discount

Mandatory discount in Ontario for using winter tires.

Multi-Vehicle Discount

For insuring more than one vehicle through PC, discounts range from 5% to 15%.

Good Student Discounts

For full-time students with a high average, typically requiring an 80% or higher.

Private Parking Discount

Parking your vehicle in a private space, like a driveway or garage.

Accident Forgiveness

Protects your driving record and premium in the event of an at-fault accident.

Service Charge Waiver

Opt to pay your PC auto insurance premium annually to have the 3% service charge waived by PC Financial.

Additional Insurance Services Provided by PC

Beyond car insurance, PC extends provides home, tenant, and motorcycle insurance services:

Standard home insurance policies cover your dwelling, additional structures on your property, personal possessions, liability, and living expenses if a qualifying event like a fire renders your home uninhabitable. Additional options for home-sharing rentals via platforms such as Airbnb, specific water damage types, sewer backups, earthquakes, and identity theft protection are available.

Tenant insurance offers protection for renters in houses, apartments, or condos. While your landlord’s policy covers the building, tenant insurance safeguards your belongings within the unit, offers car and personal liability coverage in case a visitor is injured, and includes protection against fire and certain water damages. It also compensates for living expenses if you relocate temporarily due to significant maintenance issues or disasters that render your unit uninhabitable.

Operating a motorcycle carries inherent risks, with traffic accidents potentially leading to severe injuries or fatalities. Should theft or an accident occur, your insurance policy will cover the vehicle and any personal liability.

How To Submit A Claim With Millennium Insurance

To file a car insurance claim with PC Financial, choose one of the following options.

Email

You can contact them at anytime 24/7

Contact by phone

Feel free to contact the team by phone

Website

File a claim by visiting the Millennium website

Commonly Asked Questions About PC Insurance

Can I earn PC Optimum™ points on my auto insurance?

You can pay your PC Insurance premiums with a President’s Choice Financial Mastercard to earn double PC Optimum points. Use your card for home or auto insurance payments and get 20 PC Optimum points per dollar. You can redeem points starting at 10,000 points ($10 in rewards) at stores selling President’s Choice products.

Who owns PC Insurance?

President’s Choice Financial represents the financial services division of Loblaw Companies Limited, a leading Canadian supermarket retailer.

Does PC Insurance have travel insurance services?

At this time, PC Insurance doesn’t offer travel insurance.

Does PC Insurance have pet insurance?

No, PC INsurance doesn’t offer pet insurance.

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