Intact Financial Corporation: Auto and Home Insurance

In this article titled “Intact Financial Corporation”, we shall discuss all about this Canadian insurance company and the services it renders. We shall also talk about some subtopics like: Background Account Of Intact Financial Corporation, Profile Of The Intact Financial Corporation, Financial Record Of Intact Financial Corporation, Intact Auto Insurance, Intact Home Insurance, Intact Insurance Phone Number and The Intact Insurance App.

Let us proceed with the background of this insurance company.

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Background Account Of Intact Financial Corporation

Although many know the Intact Financial Corporation as an insurance company, but which insurance company is it? It majorly deals on property and casualty insurance. It first came into existence in 1809 as the Halifax Fire Insurance Association.

As time went on, a new body took over the ownership of the company which was  Nationale-Nederlanden. Intact Financial has other sublet companies which are: Intact Insurance and Belair Insurance as well as operating additional brokerage, insurance service, and damage restoration sublets

As of the last 6 years, this company stood as the largest provider of property and casualty insurance in Canada by annual premiums. More than 16,000 people work for the Intact Financial Corporation and over 5,000,000 people gain from its insurance.

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Profile Of The Intact Financial Corporation

It is an public insurance company that formerly bore the names Halifax Fire Insurance Association,Halifax Insurance Company ING Canada. Also, it came into existence in 1809 which was 214 years ago. Meanwhile, the Chairman of the insurance company is Claude Dussault while the CEO is Charles Brindamour.

One can find the head office at Intact Centre, Toronto, Ontario, Canada. As regards to the products that the company offer, they are: property and casualty insurance and insurance brokerage.

Financial Record Of Intact Financial Corporation

  • Revenue – CA$12,143 million(2020)
  • Operating Income – CA$1,916 million (2020)
  • Net Income –  CA$1,082 million (2020)
  • Total Assets – CA$35,119 million(2020)
  • Total Equity – CA$9,583 million(2020)

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Intact Auto Insurance

In this aspect, you need to know the type of car insurance coverage that suits you. Moreso, the type of car you are ensuring doesn’t affect the coverage. What matters is your choice of protection or car insurance.

They various levels of coverage are:

  • In the case whereby you have an accident with another vehicle or run into a guardrail, the Collision and Upset coverage gives you the protection from costs to repair damage.
  • Comprehensive coverage, currently known as “Coverage against perils other than collision or upset”, gives a level of vehicle coverage. This coverage or protection comes when unforeseen conditions hit your vehicle. Those conditions can be fire, theft, vandalism or natural disasters.
  • Note that, only coverages that are particular to a vehicle problem, is what will protect it. Such problems include: theft or attempted theft, some natural disasters, riots or civil disturbances.

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Intact Home Insurance

One of the basic necessities of life is shelter. There, your home is one of the most important aspect of your life. To ensure that your home is in safe condition and shaped accordingly, you ought to identify with the Intact Home Insurance.

It is their duty to make available house insurance that blends with your home and lifestyle. We also provide a selection of add-ons, programs and endorsements if you need special coverage.

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Intact Insurance Phone Number

You can reach the intact insurance through this phone number: 1-855-388-1771.

The Intact Insurance App

There are a lot of advantages in using the intact insurance app. The app features are very simple to navigate in other to sign up for an insurance. Also, it functions 24/7 with regular updates. Some of the steps in using the app are:

  • Ensure that you are always in possession of your digital proof of insurance.
  • Present and trace your claim with ease 
  • Make your payments online
  • Get advice in just a few clicks: access your broker’s details in the app.

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FAQs

Which Company Owns Intact Insurance?

Intact Insurance is under the ownership of Intact Financial Corporation.

Is The Intact Financial Corporation Known For Property And Casualty Insurance?

Yes, it is. Also, it is the number one provider of property and casualty insurance in Canada. It is also the top provider of specialty insurance in North America.

What Type Of Insurance Does Intact Offer?

It offers vehicle, home, and business insurance through a network of brokers across Canada.

What Is The New Name Of Intact Insurance?

In 2009, the Intact Insurance changed their name to Intact Financial Corporation.

What Is Intact Insurance Claims Advantage?

This simply means that your premium will remain the same even though you’ve had to make a claim.

Does Intact Insurance Operate In USA?

Yes, it does.

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Conclusion

I hope you understood all about the “Intact Financial Corporation”. However, to get more information, you can carry out more research on the topic. However, some subtopics we discussed are: Background Account Of Intact Financial Corporation, Profile Of The Intact Financial Corporation, Financial Record Of Intact Financial Corporation, Intact Auto Insurance, Intact Home Insurance, Intact Insurance Phone Number and The Intact Insurance App.

See Also: https://www.intactfc.com/

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