This page is for informational purposes only. MyChoice is not affiliated with this company.
About Scotiabank Car Insurance
Scotiabank is a major financial institution offering banking and insurance services in North and Central America, the Asian-Pacific, Peru, Chile, and the Caribbean. Scotiabank holds $896 billion in assets and employs nearly ninety thousand people. The company is on the New York and Toronto Stock Exchanges, offering a full range of personal banking services, wealth management, and insurance.
Scotiabank is considered a Canadian institution, with millions of Canadians having used the bank for generations. It has an institution number of “002,” making it the second officially recognized modern Canadian bank. Scotiabank bills itself as the most international of Canadian banks. This is due to its reach into South America and the Pacific.
How Scotiabank’s Customer Reviews Compare to Other Insurance Companies
| Insurance Provider | Company’s Online Rating |
|---|---|
| Scotiabank | 1.2/5 |
| The General | 4.7/5 |
| Pembridge | 1.7/5 |
| Travelers | 2.1/5 |
| SGI | 3.0/5 |
Scotiabank Car Insurance Pros & Cons
Below are some main pros and cons of getting car insurance with Perth. These are based on the company’s online reviews.
| Pros | Cons |
|---|---|
| Good Customer Service | Not Available in BC |
| Reputable Underwriter | |
| Reliable Home Insurance Policies | |
| Competitive Rates |
What Does a Standard Scotiabank Car Insurance Coverage Look Like?
Scotiabank offers car insurance with several plans that allow you to find the right policy. Scotiabank bank insurance has several benefits, including how easy it is to customize it. You can customize your coverage to:
- Add An Extra Driver
- Replace A Car On Your Existing Coverage
- Add A Car To Your Existing Coverage
Scotiabank also makes it easy to update documents and request additional documents. You can even request new quotes from Scotiabank to see if you can get better insurance rates.
Scotiabank car insurance can cover almost every aspect of driving. You can get coverage for such things as:
- Health Care Costs
- Disability
- Death
- Travel Expenses Resulting From A Claim
- Long-term Hospitalization
- Critical Illness
- Property Damage
- Theft
- Damage To Your Home
This expansive range of coverage means you can have total coverage that will protect you in the event of an accident. They even offer non-owner coverage that will protect you if you are involved in an accident while driving a rental car or borrowing a car.
Scotiabank also offers several unique options that you should consider including in your insurance. They have a zero-dollar deductibility option. This means you can get reimbursed for minor accidents, and you will not have to pay money out of pocket in the event of an accident.
Scotiabank has several approved repair centers with a reputation for performing quality work. This allows you to avoid having to shop around for a mechanic who is covered by your insurance and does good work.
It is possible to purchase a policy that provides extended rental vehicle coverage. Extended rental coverage lets you access a car during the entire repair process. This means you can be sure that you can still get around during the difficult days following an accident.
How to get a Car Insurance Discount with Scotiabank?
You can get a discount on your car insurance in several ways. The easiest way is to bundle your insurance packages. The popular insurance policies to bundle are auto insurance and home insurance.
Some other common ways to get a discount on Scotiabank car insurance include:
- Driving A Hybrid Vehicle
- Attending School Away From Home And Driving Infrequently
- Avoiding Accidents And Claims For A Period Of Time
- Using Winter Tires
- Having A Private Driveway (In Some Areas)
Another way to get a discount on car insurance is to change some things about your car and driving behavior. This is because car insurance providers calculate insurance rates based on how likely a driver is to be involved in an accident along with how much they expect to pay on a claim.
One way to get lower insurance rates is to drive less. An easy way to do this is to use public transportation to commute a few days a week. Cutting down on errands is another excellent way to reduce the amount you drive. Reducing the amount you drive by a couple hundred miles per month can significantly impact your auto insurance rates.
What Other Insurance Products Does Scotiabank Offer?
Along with Auto insurance, Scotiabank Insurance provides a few types of home insurance: Life insurance, health insurance, and travel insurance.
How To Get A Quote With Scotiabank Insurance
It is easy to get a quote on Scotiabank. Their website allows you to enter some basic information for a preliminary quote. You can then enter more information on their site to get a more accurate quote. You can also call Scotiabank to get a quote or walk into one of their offices to talk to a representative about insurance.
How To Submit A Claim With Scotiabank Insurance Today
Scotiabank simplifies submitting a claim by having a single 24/7 toll-free phone number. This means that you can simply place a phone call to talk to a claims agent.