TD Insurance Meloche Monnex
Preferred rates on car, home, condo and tenant insurance
As a trusted partner, the TD Insurance Meloche Monnex Program is dedicated to helping AMA members get access to preferred insurance rates. These preferred rates are available on car, home, condo and tenant coverage. TD Insurance is the leading direct response insurance group in Canada†, offering quality insurance products for over 65 years. From getting a quote to filing a claim, their knowledgeable advisors will help you find options that are right for you. |
Here are a few other ways your savings can add up:
- Bundling your car and home, condo or tenant insurance together
- Insuring more than one vehicle, or including a motorcycle, ATV, or snowmobile
- Owning a hybrid or electric vehicle recognized by the Insurance Bureau of Canada
- Having a connected burglar or fire alarm
- Living in a newly built home
- Your home is free of a mortgage or secured line of credit
Contact TD Insurance Meloche Monnex
Feel confident your coverage fits your needs. Get a TD Insurance Meloche Monnex quote by visiting www.tdinsurance.com/ama or by calling the AMA dedicated line at 1.844.859.6566
†Ranks based on data available from OSFI, Insurers, Insurance Bureau of Canada, and Provincial Regulators, as at December 31, 2017.
AMA/TD Insurance Stabilization Fund
When AMA signed a new 10-year agreement with TD Insurance in 2018, we included a rate stabilization fund in the terms of the agreement. The purpose of this fund was to monitor our group experience and if claims experience was favourable, the excess was to be used for the benefit of the members insured under the program.
As shown in the chart below, the Insurance industry continues to experience rising claim costs in Alberta due to catastrophic and severe weather events. Inflationary trends are now also impacting claims costs which is increasing residential premiums across the province for Albertans.
We are delighted to share that due to a surplus in the stabilization fund, we are able to reduce premium increases by 3% for all AMA members with TD home insurance. This will occur on members’ policy renewals commencing on October 8, 2022.