At this moment, you may not know what type of company your current insurer is; however, knowing the difference between mutual and stock insurance companies can help you decide if... Read more →
Founded in 1902, Mutual Fire Insurance (MFI) was the first mutual insurance company headquartered in the province of British Columbia. The foundation of our company was built on the hard work and dedication of 44 local farmers and business owners in the Fraser Valley who wanted fire insurance at a reasonable cost. Today, we provide solutions for farm, commercial, and home insurance needs from British Columbia to Ontario with the support of our broker partners.
MFI is a stable and profitable mutual insurance company with a unique dual policyholder structure. Policyholders enjoy the option to choose to become a member. Members enjoy the benefits of free Residential Equipment Breakdown coverage on qualifying homes, rights to vote on resolutions that affect the company, and the opportunity for a premium refund if so declared by our Board of Directors.
We take pride in providing peace of mind solutions and support in the communities we insure.