What considerations should you have when looking at Calgary home insurance? You have a couple of traits that you can use to measure the value of a broker. Let’s have a look at what separates a good broker from one a bad one.

Look at Expectations

You should ask your insurance brokers Calgary company for a quote. In doing this, you discover how fast they can come back to you with a quote, and you can measure their effectiveness overall. Also, pay close attention to how the Calgary home insurance company explains your coverage. Does it seem cloudy? This could signal a red flag.

What Type of Insurance Do You Need?

Some insurance companies Calgary options will offer more value than others based on what you want to achieve. Meanwhile, you have other policies that will have maddening limitations. For example, some will only give you the necessary coverage when you want full coverage for your home.

Do They Have Experience in Home Insurance?

Finding a Calgary home insurance company that has experience in this specialized field can lead to a better offering. Before you ever trust a company, check their technical knowledge of home insurance. Look at the letters they have after their name. Some of the most common designations include:

  • ARM
  • CPCU
  • CRM
  • CIC

The most important insurance designations are considered the CPCU and the CIC. However, while this lends credibility to the Calgary home insurance broker, a professional continuing their education and constantly reading about the industry has an even greater importance. You want a company that stays sharp.

These traits in an insurance can spell the difference between a good company and a bad one. Unfortunately, you usually don’t learn the difference until you have to fall back on their policy, but you can tell a lot about a company based on the terms inside the policy, reviews and how they act.

Lakeview Insurance Brokers Ltd. has been a highly dedicated member of the Independent Brokers Association of Albert and has been family-run since 1979. Our brokers take the time to ensure you get the best policy that suits your needs. Contact us today to get started at 403-287-2521 or send an email to [email protected].

What can you do to make your Calgary home insurance company lower the price of your premiums? Saving money on your home insurance can help you save for a new car or a family vacation. Here are a couple of things you can do to get a better price from your Calgary insurance brokers.

Lower Home Insurance Premiums by Installing Deadbolt Locks

On all of the exterior doors, you should install a deadbolt lock to add more security to your home. Deadbolt locks don’t have springs, which adds additional security. You can cut your premium by as much as five percent with your Calgary home insurance company.

Pay Your Home Insurance in a Timely Fashion

Some Calgary insurance companies will give you an incentive if you pay every 10 days instead of 30. Prompt paying could lead to getting a discount.

Pay For Home Insurance Six Months in Advance

Some people prefer to pay Calgary insurance companies six months in advance. While it means spending more money at one time, making payments in advance can also lower the overall cost of your home insurance Calgary premium.

Shop Around For Good Insurance Policies

If you haven’t shopped around for your insurance, you may not be able to spot a reasonable price when you see one; going with the first insurance provider you come across could be a mistake. Additionally, if you do shop around for other Calgary insurance brokers, you can compare prices and services. If you find a company you like, you may want to ask if they will lower their prices, based on the research you have done.  

Avoid Filing Home Insurance Claims For Small Things

Filing too often for things can lead to your Calgary home insurance company raising the rates or even dropping you as a client. Avoid filing for small items and be reserved when it comes to more considerable expenses.

These are the five different ways that you can save a little extra on your insurance premiums. Keeping these tips in mind can lead to extra savings.

Lakeview Insurance Brokers Ltd. has been a highly dedicated member of the Independent Brokers Association of Albert and has been family-run since 1979. Our brokers take the time to ensure you get the best policy that suits your needs. Contact us today to get started at 403-287-2521 or send an email to [email protected].