CAA Insurance Company
- Company typePrivate
- Founded1975
- HeadquartersThornville, United States
- Headcount—
- GTM typeB2C
- OfferingServices
CAA Insurance Company firmographics
Firmographics- Name
- CAA Insurance Company
- Legal name
- CAA Insurance Company
- Website
- https://caainsurancecompany.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Ownership category
- akta.pro rank
CAA Insurance Company industry classification
Industry- Product category
- Personal Lines Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Standard Personal Auto Insurance (Liability, Collision & Comprehensive) (FSAJAAAA)
Keywords
Where CAA Insurance Company is headquartered
LocationHeadquarters
- HQ city
- Thornville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CAA Insurance Company business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Premiums: CAA Insurance Company generates revenue primarily through insurance premiums collected from policyholders for auto insurance and property insurance (homeowners, condo, and tenant) coverage. Premiums are collected on a recurring basis as part of insurance policy terms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Auto Insurance and Property Insurance - Quote-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
CAA Insurance Company product offering
Product offeringCore offering
CAA Insurance Company underwrites and distributes personal lines auto and property insurance products in Canada. Its portfolio includes standard auto insurance, usage-based pay-as-you-go auto insurance (CAA MyPace), antique and classic car coverage, accident benefits, and homeowners, condo, and tenant property insurance, plus optional coverages. Products are sold directly through licensed CAA Insurance Agents and independent Insurance Brokers, and via online quote portals across multiple Canadian provinces.
Product overview
CAA Insurance Company offers a comprehensive insurance portfolio organized into two main product lines: Auto Insurance and Property Insurance. Auto Insurance includes core products such as standard Auto Insurance, CAA MyPace (pay-as-you-go usage-based insurance), CAA Connect, Antique & Classic Car Insurance, and Accident Benefits coverage. Property Insurance encompasses Homeowners Insurance, Condo Insurance, and Tenant Insurance, along with optional add-on coverages including Renewable Energy Equipment Coverage, Home Equipment Breakdown Coverage, Legal Expense Insurance, CAA Tire Coverage, and Service Line Coverage. The company also provides supplementary offerings like Electronic Proof of Insurance and an Insurance Guidebook. Products are available through CAA Insurance Agents or CAA Insurance Brokers.
Differentiator
Problem solved
Functional benefit
Brands
- CAA MyPace: Pay as you go auto insurance payment program.
- CAA Connect
- CAA Auto and Property Insurance
- CAA Tire Coverage
Products and services
- Auto Insurance Standard auto insurance coverage for individual vehicle owners, providing accident benefits, flexible coverage options, and rewards for safe drivers. Underwritten by CAA Insurance Company.
- CAA MyPace Pay-as-you-go auto insurance program that allows drivers to pay based on their actual driving habits. Underwritten by CAA Insurance Company.
- CAA Connect Auto insurance product offering connected features for CAA members. Underwritten by CAA Insurance Company.
- Antique & Classic Car Insurance Specialized insurance coverage for antique and classic vehicles, designed for owners of collectible automobiles. Underwritten by CAA Insurance Company.
- Accident Benefits Coverage providing financial and medical support for injuries sustained in motor vehicle accidents, regardless of fault. Included in Ontario auto insurance policies with regulatory updates effective July 1, 2026. Underwritten by CAA Insurance Company.
- Homeowners Insurance Insurance coverage for homeowners protecting their property and personal belongings. Underwritten by CAA Insurance Company.
- Condo Insurance Insurance coverage specifically designed for condominium owners, protecting their unit and personal belongings. Underwritten by CAA Insurance Company.
- Tenant Insurance Insurance coverage for renters protecting their personal belongings and liability. Underwritten by CAA Insurance Company.
Companies that use CAA Insurance Company
Customer profileSegments3 records
Ideal customer profiles1 record
CAA Insurance Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CAA Insurance Company partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered supporting and core.
- Global Excel ManagementsupportingGlobal Excel Management administers claims for CAA Emergency Travel Medical Insurance underwritten by CAA Insurance Company.
- FM Boiler ResupportingFM Boiler Re administers claims for Home Equipment Breakdown Insurance and Service Line Coverage underwritten by CAA Insurance Company.
- ARAG Legal Solutions Inc.supportingARAG Legal Solutions Inc. administers claims for CAA Legal Coverage underwritten by CAA Insurance Company.
- Canadian Automobile Association (CAA)coreCAA trademarks including CAA, CAA MyPace, and related branding are owned by the Canadian Automobile Association, with use authorized by CAA Insurance Company. The companies work together under a long-standing relationship where CAA Insurance Company operates as a licensed user of the CAA brand for insurance products and services.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
CAA Insurance Company competitors and assessment
Company assessmentDirect peers
- Sonnet Insurance: Digital-first direct-to-consumer P&C insurer (subsidiary of Intact Financial) selling personal auto and home online in multiple Canadian provinces. Direct comparable to CAA Insurance Company's online quote portal motion and competing for the same digital-first consumer.
- Wawanesa Insurance: Canadian mutual P&C insurer with a strong personal lines book (auto, home) across Western and Eastern Canada. Closely matches CAA Insurance Company in mutual-style customer focus and multi-province personal lines mix.
- The Co-operators: Canadian mutual P&C insurer offering personal auto, home, and commercial coverage nationally, with a member-ownership model similar in spirit to CAA's club-based ecosystem. Directly comparable in product mix and Canadian provincial footprint.
- Belairdirect: Direct-to-consumer P&C insurer (Intact subsidiary) offering personal auto and home across several Canadian provinces. Direct comparable in the online self-serve distribution model that CAA Insurance Company also operates.
Broad incumbents
- TD Insurance: Bank-affiliated P&C distributor offering personal auto, home, and life products to TD's retail banking customer base. Comparable as a multi-channel personal-lines carrier leveraging an existing captive customer base, much like CAA's Club membership.
- Desjardins Insurance: P&C insurance arm of the Desjardins Group co-operative, distributing personal auto, home, and commercial coverage primarily in Quebec and Ontario. Comparable in co-operative-style distribution and personal lines emphasis.
- Intact Financial Corporation: Canada's largest P&C insurer, operating across personal and commercial lines through brands including Intact Insurance, belairdirect, and Sonnet. Direct competitor to CAA Insurance Company in personal auto and home across overlapping provinces.
- Aviva Canada: Major Canadian P&C carrier offering personal auto, home, and commercial insurance across multiple provinces. Overlaps directly with CAA Insurance Company's personal auto and property book in Ontario and other shared provinces.
- RBC Insurance: Insurance arm of Royal Bank of Canada distributing personal auto, home, life, and travel products to RBC's banking customers. Comparable as a bank-affiliated personal-lines carrier leveraging a large captive customer base.
Emerging players
- Onlia Insurance: Canadian digital-first P&C insurer offering usage-based auto and home coverage through a mobile-first experience. Comparable as an emerging competitor to CAA Insurance Company's MyPace and online auto offerings, particularly for younger drivers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CAA Insurance Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
CAA Insurance Company leadership team
Management profileNumber of profiles
CAA Insurance Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CAA Insurance Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CAA Insurance Company
What does CAA Insurance Company do?
CAA Insurance Company underwrites and distributes personal lines auto and property insurance products in Canada. Its portfolio includes standard auto insurance, usage-based pay-as-you-go auto insurance (CAA MyPace), antique and classic car coverage, accident benefits, and homeowners, condo, and tenant property insurance, plus optional coverages. Products are sold directly through licensed CAA Insurance Agents and independent Insurance Brokers, and via online quote portals across multiple Canadian provinces.
Is CAA Insurance Company a public or private company?
CAA Insurance Company is a private company. It is classified as corporate owned and is currently operating.
When was CAA Insurance Company founded?
CAA Insurance Company was founded in 1975.
Where is CAA Insurance Company based?
CAA Insurance Company is headquartered in Thornville, United States, in the North America region.
How does CAA Insurance Company make money?
One revenue line is on record: insurance Premiums.
Who are CAA Insurance Company's main competitors?
Direct peers on record are Sonnet Insurance, Wawanesa Insurance, The Co-operators and Belairdirect. Broad incumbents are TD Insurance, Desjardins Insurance, Intact Financial Corporation, Aviva Canada and RBC Insurance. Onlia Insurance is listed as an emerging player.
Does CAA Insurance Company have an API?
No public API is recorded for CAA Insurance Company.
What industry is CAA Insurance Company in?
CAA Insurance Company's product category is Personal Lines Insurance. Its primary akta.pro industry code is FSAJAAAA, Standard Personal Auto Insurance (Liability, Collision & Comprehensive). Its NAICS code is 524126 and its SIC code is 6331.