Common Insurance Questions | Home, Auto, Tenant, Farm, Commercial, Landlord, Condo 

The Mutual Difference

Ontario Mutuals are more than 40 independent insurance  companies

that grew in the small towns and rural areas that form the backbone of our

province. But don’t let our small size fool you. Together, we represent one of the

strongest, most secure financial networks in the world.

And unlike large, multinational companies who have shareholders to please, mutual insurance companies act only in the best interests of their policyholders. Here’s one example. Insurance is about planning for the worst. But if the worst doesn’t happen, you might have some money left over. In a shareholder-owned insurance company, they call that money ‘profits.’ In a mutual insurance company, they call it a policyowner equity. For our property policies, we have provided premium refunds to our policyowners as declared by our board of directors.