Home insurance underwriter

Square One home insurance is underwritten by The Mutual Fire Insurance Company of British Columbia (Mutual Fire). Square One is authorized to issue, bill and service policies on behalf of Mutual Fire. If you’re interested, you can download Square One’s authorization letter.

Download authorization letter

Mutual Fire was started in 1902 and is based in Langley, British Columbia. The company is licensed to do business in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. Mutual Fire’s operations are supervised by provincial regulators, with the Financial Institution Commission of British Columbia assuming the lead regulatory role.

The Best’s Financial Strength Rating for Mutual Fire is A- (Excellent). This rating is assigned by A.M Best and it provides an independent opinion of Mutual Fire’s financial strength and ability to meet its ongoing insurance policy and contract obligations.

Mutual Fire is a member of the Property and Casualty Insurance Compensation Corporation (PACICC). PACICC is a special program funded by Canadian property and casualty insurance companies to protect policyholders and claimants. If an insurance company fails, PACICC will automatically respond to your claim as long as your insurance company is a participating member. Basically, PACICC is much like the Canadian Deposit Insurance Corporation, which protects your savings in case a bank fails.

Provided below are links to the websites of the various organizations mentioned above. Also provided below are links to the regulators of all provinces in which Mutual Fire is licensed to do business.

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