Name: Lakeview Insurance
Address: Calgary, AB
Telephone: 403-287-2521

Insurance brokers are an important part of the insurance industry, but many consumers don’t really know what they are or what they do. If you fall into that category, keep reading to learn about insurance brokers in Calgary.

What are Calgary Insurance Brokers?

An insurance broker provides you with financial advice and products. Typically, they have established relationships with a variety of insurance companies in Calgary and can help you find the insurance products those companies offer that best meet your needs. Some insurance companies in Calgary have insurance agents that work directly with customers. These agents are different from insurance brokers because they are employees of a specific insurance company.

Where Can I Find an Insurance Broker in Calgary?

The best way to find a good insurance broker is usually to ask your friends and family for recommendations. If they have a broker they work with and recommend, that’s a great place to start. You can also check online or in the newspaper.

How Do I Know if the Insurance Broker is a Good One?

While there’s no way to know for sure if the insurance broker you’re interested in will provide you with good service, asking the right questions can help you gauge your compatibility. Start by asking about their qualifications and make sure they are a registered professional with a degree from a respected university. Next, find out about their experience. The broker should have experience both in the insurance industry in general and in the specific type of insurance you need. Make sure they offer the services you need as well. If you want both car and life insurance, meet with a broker who is capable of providing both instead of just one.

Working with insurance brokers in Calgary can help you find the right insurance to meet your specific needs.

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].

Why It’s Important to Hire an Insurance Broker in Calgary

Buying insurance can be a difficult, challenging experience, but working with an insurance broker makes the whole process much easier. Brokers translate industry jargon and navigate policies to help you find the best insurance policy for you.

Here’s Why It’s Important To Hire Insurance Brokers In Calgary.

Calgary Insurance Brokers Get to Know You Part of what makes insurance brokers in Calgary different from insurance agents is that they don’t work for a specific company. They work with a variety of insurance companies in Calgary so they can match you with the policy that best meets your needs. To do this, brokers first take time to get to know their clients.
Insurance Brokers can Help File Insurance Claims Filing insurance claims can also be complicated, but insurance brokers in Calgary can help you with this task too. They know the proper way to file claims to help you through the process.
Calgary Insurance Brokers Have Your Best Interest in Mind Brokers working with insurance companies in Calgary depend on their reputation in the industry and work harder to defend it. Selling a bad policy, or one that doesn’t meet their clients needs well, can negatively impact the insurance broker’s future business. This means brokers keep your best interests in mind because it’s in their best interest to fully meet your needs.
Insurance Brokers Understand the Intricacies of the Marketplace Since insurance brokers work with different insurance companies in Calgary, they develop a detailed knowledge of the insurance marketplace. Hiring an insurance broker means you can put that valuable expertise to work for you. With their vast knowledge of the market, brokers can help you find and understand the best insurance policies.

Hiring insurance brokers helps you navigate the insurance marketplace and find the policies that work best for you. 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].

A lot of people don’t realize the value that insurance can bring to the table. These companies serve the purpose of helping to cover you in the event of an accident, and if you encounter trouble, a good insurance company will be there for you.

The Four Essential Offered By An Insurance Company in Calgary

Providing Compensation
Let’s say that you had a fire where everything burnt down. Having an insurance company in Calgary available will provide you with the necessary compensation to get the things that you need to get back on your feet. Starting from scratch again feels horrible, and that’s where one of these companies could help.
Protecting Loved Ones
Life insurance policies have the intention of protecting loved ones from a drastic loss of income. Let’s say that you have reached a level of comfort in your life, but you’ve become dependent on a loved one. With life insurance, should something happen to that individual, you will be given enough cash to where you won’t see your lifestyle change drastically.
Car Insurance
Car insurance is one of the most common options out there. And with good reason. In the event of an accident, who covers the damage? That’s what insurance companies in Calgary seek to resolve. They will take the person at fault’s insurance and use it to cover the damages from the accident.
Travel Insurance
There is nothing worse than travelling overseas and finding yourself in an emergency. That is why it is vital that you get travel insurance to cover you if something goes wrong while you are abroad.

These are some of the services that are the most essential when it comes to insurance companies. You want to make sure that you have hired a company that will also back you up in your hour of need. Choosing the best insurance broker Calgary company carefully will make a big difference over the long term.

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].

When it comes to car insurance, you need to understand how much you should be paying for it. There are reasonable prices and bad prices, but the truth is no insurance company will charge the same amount because a variety of factors come into play. On average, statistics show that Albertans pay $114 for car insurance in a year.

Cost Factors of Auto Insurance

There are a few factors that your Calgary insurance company consider into the cost of your insurance. First, they will look at the frequency of vehicle collisions in your area. In doing this, they can assess the risk you present in filing for compensation. They will also look at the density of deer in your area, and the frequency of collisions with wildlife as this also plays a role in the rates from your Calgary insurance company. In addition, your insurance brokers in Calgary will look at how many car accidents you have been involved in and assess the risk from there.

The Role of Age, Gender and Marital Status in Car Insurance

There is a link between age and experience. Often, drivers with less experience cause more accidents than experienced drivers. For that reason, your Calgary insurance company will raise the premiums on younger drivers.

Gender also plays a role because males have a higher likelihood of accidents than females, which causes the car insurance Calgary company to raise the rates for men.

Interestingly enough, marriage also plays a role in insurance rates as married drivers have a lower likelihood of getting into accidents.

The price is determined as a result of insurance brokers looking at the data to identify the riskiest drivers to insure. The higher the risk, the more you will pay. When looking at auto insurance, you should shop around to look at the different prices and get a better idea of what your rates will be.