Co-operators vs Beneva: which is better? Comparison 2026

By our public methodology Co-operators scores 86 out of 100 and Beneva scores 70. Below: the factors and facts where they differ, each fact with its source.

Insurance companies in Canada 2026: a ranking built on verified facts How we rank

1

Co-operators

86/100
3

Beneva

70/100

Score breakdown

Co-operatorsBeneva
Reliability10088
Service8657
Products8367
Transparency5050

Pros and cons

Co-operators

  • Long track record as a licensed insurer
  • Wide range of products for private customers
  • Holds a financial strength rating from a recognised agency
  • Publishes annual financial reports

Beneva

  • Long track record as a licensed insurer
  • Holds a financial strength rating from a recognised agency
  • Publishes annual financial reports
  • Claims can be reported online

Facts side by side

FactCo-operatorsBeneva
Licensed since1945 cooperators.ca1941 beneva.ca
Buy a policy onlineYes cooperators.caNot verified
Rating from a rating agencyYes cooperators.caYes beneva.ca
Financial reports onlineYes cooperators.caYes beneva.ca
Part of a groupYes cooperators.caNo beneva.ca
Report a claim onlineYes cooperators.caYes beneva.ca
Mobile appYes cooperators.caYes beneva.ca
24/7 phone lineYes cooperators.caYes beneva.ca
Retail lines offered (of 6)5 cooperators.ca4 beneva.ca
Complaints procedure publishedYes cooperators.caYes beneva.ca
Calculator or tariffsYes cooperators.caYes beneva.ca

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