MEDIA RELEASE: CAA Insurance Company Named Best Auto Insurance Provider in Canada by Forbes Magazine

Mar 13, 2024

2 min


Forbes Magazine has announced that CAA Insurance Company has been designated Canada's best auto insurance provider as part of their prestigious inaugural 2023 list of the World's Best Auto Insurance Companies.


"We are honored to be recognized by Forbes Magazine as the best auto insurance provider in Canada," said Matthew Turack, president, CAA Insurance Company. "This recognition underscores CAA Insurance's commitment to our customers and how we continuously strive to do what is right for them and the communities we serve."


Forbes partnered with market research firm Statista, conducting a comprehensive survey spanning 15 countries and involving over 30,000 participants between mid-March and mid-April. Respondents who held auto insurance policies within the past three years were asked to evaluate various criteria, including advice offered by employees, customer service, price performance, transparency, and damage service. CAA Insurance emerged as a top performer in each category.


This recognition demonstrates CAA Insurance's commitment to excellence and consumer satisfaction.


Two years ago, Doug Dizgun, a client of My Insurance Broker, went looking for a new insurance company. He asked his broker to find a new insurer that could provide the coverage he needed but at a lower cost.


"My broker helped me shop around and returned with a recommendation for CAA Insurance. He told me that CAA has some of the best coverage and premiums out there right now," says Dizgun. " I have been happy with my decision to switch insurance providers and pleased that by bundling my auto and home insurance plus my new CAA Membership, I could save money and have the peace of mind of having CAA’s roadside assistance."


Established in 1974, CAA Insurance has continually evolved its products and programs to suit individual lifestyles and life stages. In 2018, the introduction of CAA MyPace revolutionized the auto insurance industry in Canada, offering the country's first and only pay-as-you-go auto insurance program. This innovative approach expanded in 2019 to Prince Edward Island, Nova Scotia, and New Brunswick.


CAA MyPace started a conversation about new possibilities for auto insurance in Ontario.


"The modernization of insurance starts by considering the lifestyle of consumers and responding to their needs – CAA MyPace is a strong example of this. On average, our pay-as-you-go policyholders save 50 per cent on auto insurance costs over a traditional policy. Since the launch of CAA MyPace, more drivers are trusting us with their policies and specifically asking for us by name," adds Turack.


In addition to pioneering new insurance models, CAA Insurance has been at the forefront of industry advancements. In 2011, it became the first insurer in Ontario to introduce a winter tire discount, promoting safer driving practices and rewarding responsible policyholders.


CAA Insurance offers auto and home insurance in New Brunswick, Nova Scotia, Prince Edward Island, Ontario, Manitoba and Saskatchewan. All CAA Insurance agents and brokers are licensed through each province's regulatory bodies, ensuring compliance and professionalism.



You might also like...

Check out some other posts from CAA Club Group

3 min

MEDIA RELEASE: Back-to-School Alert: CAA Urges Drivers to Stay Vigilant in School Zones as Student Traffic Increases

As the new school year kicks off, CAA South Central Ontario (CAA SCO) is reminding motorists to remain attentive when driving through school zones as more children are present in these areas. A recent survey conducted by CAA SCO found that 60 per cent of parents surveyed are concerned about the driving behaviours witnessed in their child’s school zone and consider their child’s school zone unsafe – a five per cent increase from last year. “It is no surprise that parents are concerned for the safety of their children; they have the right to get to and from school safely,” says Tracy Marshall, Manager, Community Relations for CAA SCO, “speeding, double parking and stopping in school bus zones are all commonly reported unsafe driving behaviours parents see in their child’s school zones.” As a result, a majority of parents (85 per cent) support reducing speed limits in school zones, with over 77 per cent of these parents agreeing that 30km/h or less is the most appropriate speed limit. Of those surveyed, 68 per cent of parents strongly support the use of Automatic Speed Enforcement (ASE) in school zones, and 79 per cent believe its presence would deter speeding around schools. Additionally, 3 in 4 (73 per cent) consider that ASE should remain permanent in school zones. “Automated Speed Enforcement, along with the presence of police officers and speed bumps, continue to be identified as the primary measures to deter speeding in these zones,” adds Marshall, “through education, we hope to help motorists to make more responsible decisions behind the wheel to protect themselves and those around them.” Tips for responsible driving behaviours in school zone areas: • Help reduce traffic with active school travel: Encourage your kids to walk or wheel to school to ease traffic congestion. If your school is a further distance, CAA SCO encourages parents and guardians to park a block away and walk to school to reduce traffic and make school zones safer. • Put away distractions: Pedestrian safety begins with drivers. It’s important to put away distractions such as phones and be extra attentive in school zones, whether a parent is driving, or a child is walking to school. • Slow down: Know and respect the speed limit in your neighbourhood’s school zones. Give yourself plenty of time to drop off your kids at school to avoid rushing. • Choose a safe spot to drop off and pick up your children from school: Follow your school’s rules and avoid double parking or stopping on crosswalks, dropping off or picking up your kids on the opposite side of the street, and stopping in moving traffic as kids rush out. Instead, use the designated drop-off areas or consider a spot a bit farther away from school that is easily accessible and safe. • Make eye contact with pedestrians: With the excitement of going back to school, anticipate that children may not easily see or hear your moving vehicle, so ensure to make eye contact with pedestrians crossing the road. • Stop for school buses: Never pass a stopped school bus with an activated stop arm and flashing red lights as children get on and off the bus. Passing a school bus as it loads and unloads children – not only is this dangerous, but it’s also illegal. • Watch for CAA School Safety Patrollers: When travelling to and from school, watch for CAA School Safety Patrollers in their lime green safety vests, as they play an important role in ensuring the roadway is safe before kids cross on their own. CAA supports safety in school zones through the CAA School Safety Patrol® program, developed to protect and educate elementary school children on safe road-crossing practices. CAA’s Ontario Road Safety Resource is a toolkit with valuable lesson plans for teachers to help educate students about road safety. To learn more, please visit www.caasco.com/schoolzone. The online survey was conducted by DIG Insights in May 2024, with 1,520 Ontario parents/guardians with children attending school from kindergarten to grade 8. Based on the sample size of n=1,520 and with a confidence level of 95 per cent, the margin of error for this research is +/- 2%.)

3 min

A new CAA survey reveals more than half of Ontario motorists engage in dangerous driving behaviours

A recent study on dangerous driving conducted by CAA South Central Ontario (CAA SCO) revealed that more than half of Ontario motorists, 55 per cent, admit to engaging in risky and unsafe driving behaviours in the past year. According to the survey, this number increases to 61 per cent amongst young drivers aged 18 to 34. “Dangerous driving behaviours, such as speeding, distracted driving, and aggressive driving, continue to pose significant risks on our roads,” says Michael Stewart, community relations consultant for CAA SCO. “These actions not only endanger the lives of the drivers themselves but also put all road users at risk. We must prioritize road safety by promoting responsible driving habits." Of those surveyed, the top five dangerous driving behaviours that motorists engaged in are, 1. Speeding (41 per cent) 2. Distracted driving (20 per cent) 3. Unsafe lane changes (9 per cent) 4. Aggressive driving (8 per cent) 5. Running red lights (7 per cent) In contrast, those surveyed say they frequently witnessed others driving dangerously far more often. 1. Speeding (84 per cent) 2. Unsafe lane changes (76 per cent) 3. Aggressive driving (76 per cent) 4. Distracted driving (73 per cent) 5. Running red lights (56 per cent) “The data tells us that it is far more prevalent for people to see others driving dangerously rather than admitting that they themselves are carrying out the same behaviour,” adds Stewart. The survey found that speeding continues to be the leading concern for Ontario motorists, especially on roads with higher speed limits. According to the study, 86 per cent of motorists feel safe on residential streets, compared to only 68 per cent on posted 110-kilometre-per-hour highways. “Ontarians frequently witness dangerous driving behaviours, especially on highways,” says Stewart, “the important thing to remember is that the risk of collision can increase when travelling at higher speeds.” Four out of 10 Ontario drivers will actively avoid roads with ASE Ontario drivers favour stricter fines and penalties to combat the increasing amount of dangerous driving across the province. This year alone, 35 per cent of Ontarians indicated that penalties and fines for speeding and stunt driving have influenced their driving behaviour – up seven per cent from last year. The study also found that more than three-quarters of Ontario drivers (78 per cent) believe that automated speed enforcement (ASE) can help deter drivers from speeding, as 70 per cent of Ontario drivers admit that they will slow down in the presence of an ASE camera. “It is no surprise that Ontario motorists are in favour of stricter penalties as speeding and dangerous driving continue to be an issue,” says Stewart, “what is surprising, however, is that despite the support for ASE, four out of 10 Ontario drivers will actively avoid roads where an ASE is present, an increase from last year.” According to the survey, Ontarians support the presence of ASE on all types of streets, especially near schools (84 per cent) and community centres (81 per cent). A total of 17 per cent of Ontario drivers, equivalent to more than 1.5 million individuals, have received a ticket from an ASE camera in the past. “CAA SCO continues to advocate for road safety for all road users,” says Stewart. “Our hope is that through education and awareness of the repercussions, we can begin to see a steady decrease in dangerous driving across all roads.” For more information, please visit www.caasco.com/speeding The online survey was conducted by DIG Insights from April 1 to April 16, 2024, with 1,509 Ontario drivers aged 18 and older. Based on the sample size of n=1,509 and with a confidence level of 95 per cent, the margin of error for this research is +/- 2%.)

2 min

STORY: CCG wins prestigious IT innovation award

CAA Club Group of Companies (CCG), the parent organization of CAA South Central Ontario (SCO), CAA Manitoba, CAA Insurance, Orion Travel Insurance, and Echelon Insurance, has won a 2024 Canadian IDC CIO Award for IT innovation, from International Data Corporation (IDC) Canada, in collaboration with Foundry’s CIO. The International Data Corporation CIO Awards celebrate Canadian organizations and the teams within them that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. “Innovation stems from the top at CCG, thanks to our CEO Jay Woo, who has used his strong technical skills to build a foundation of excellence across the organization,” said Mary Duncan, Chief Human Resources Officer, CCG. “This prestigious recognition speaks to the strong technical skills, dedication, teamwork and diversity of CCG’s technology and innovation team, led by our Chief Technology & Innovation Officer Apra Sekhon. “ Business transformation at CCG is built on a strong technical foundation, leveraging industry-leading technology platforms and digital solutions. “CCG attracts the best of the best when it comes to technology and innovation because we understand that IT professionals thrive when given an opportunity to solve meaningful business problems through modern technology,” said Apra Sekhon, Chief Technology & Innovation Officer, CCG. “They also want to work for an organization that makes them feel welcome, promotes a sense of belonging, and rewards collective accomplishments. That’s what we have here at CCG.” CCG’s technology and innovation team is made up of over 30% women with many of them in leadership positions. The team is comprised of people from over 20 different nationalities speaking as many different languages, bringing diverse perspectives, innovative approaches to problem-solving skills, abundant energy, and spirited enthusiasm to work collaboratively towards successful project implementations in support of our business objectives. The 2024 IDC CIO Award recognized the team’s work to modernize Echelon’s Specialty Personal Lines and Individually Rated Commercial Auto insurance systems. It was a large, complex project that required strong project governance and oversight over a large global delivery team comprising of architects, designers, developers, business analysts and quality assurance teams to deliver the project on time, scope, quality, and budget. “This recognition is a testament to our strength as an organization, our inclusive HR practices, the environment of trust and collaboration that our leaders have created and equal opportunities provided to everyone in our pursuit for excellence,” continued Sekhon. “I feel honoured to help create an environment that fosters personal and professional fulfillment through working on challenging projects and delivering exceptional business value.” Sekhon and her team will accept the award later this year at a ceremony in September.

View all posts