Bay of Quinte Mutual Insurance

The Mutual Difference
Peace of Mind – From a Mutual Friend

In these days of corporate big business, the human touch is often lost. That’s why people across the province turn to Ontario’s Mutual Insurance Companies. When they need insurance protection, they prefer to deal with a neighbour-not a stranger. Bay of Quinte Mutual Insurance CO. knows what it means to be a policyholder:

Insurance At Cost
Ontario’s Mutual Insurance Companies operate on a not-for profit basis, unlike stock companies that have to provide shareholders with dividends from profits.

Leading Edge Products
Our innovative insurance products keep pace with changing needs. We can help you with your specific personal, business, farm insurance needs.

Ownership by Policyholders
Bay of Quinte Mutual Insurance Co. is 100% Canadian and owned solely by its policyholders. As a policyholder, you have voting rights on important decisions.

Directed by Policyholders
Bay of Quinte Mutual Insurance Co. directors are policyholders elected by policyholders-your guarantee that the company is committed to the best interests of all policyholders.

Protected by the Mutual Family of Companies
Bay of Quinte Mutual Insurance Co. may seem relatively small, yet it is backed by one of the world’s most financially secure insurance networks, Ontario Mutual Insurance Companies – providing strength, stability, and expertise.

Local Service From Your Neighbours
You will receive swift, courteous and knowledgeable help from people who raise their families alongside you. They’re aware of the changes happening in our community.

Our History

In the mid 1800’s it was very difficult for farmers to easily secure insurance. Even when it was available it was usually too expensive because an insurance company considered farm risk too hazardous. Consequently farmers began insuring themselves and each other according to special laws providing for the MUTUAL protection. Thus the Farm Mutual Companies were founded. They were organized for farmers by farmers, to provide their own members with sound insurance at cost and these companies were officered and directed farm members.

On August 11th, 1874, our company was organized with the same Mutual aspects and principles for their goals that were used by other farm mutuals, that is “insurance at cost for mutual protection”.

The Bay of Quinte Mutual Agricultural Fire Insurance Company commenced business on October 31, 1874. in rented office space in the Jamieson Block in Picton. In 1929 the company moved to rented office space in the new Odd Fellows block, and in 1962 the company built its first office building. Sixteen years later the company had outgrown its existing space, and built and moved into a larger building on land purchased across the road, at our current location.

Community Support

We at Bay of Quinte Mutual have always held the belief that we must be good a corporate citizen in the communities we serve. To this end we have a long history of community sponsorship and support for many local charities and organizations within those communities.

Our staff, directors and brokers participate in a vast variety of community service clubs, sports organizations, community groups, and charitable organizations.