Can an Insurance Broker Help You Save on Home Insurance?
Yes, an insurance broker can help you save on home insurance. Brokers aren’t tied to one company.
An insurance broker works with multiple home insurance companies, which means they can compare home insurance rates to find the best coverage for your home at the best value for you.
Western Financial Group, a 100% Canadian company, can help you navigate your home, business, car, and boat insurance during this period of economic uncertainty.
When should you switch your home insurance provider?
You should switch if your current home insurer has increased your premium by a significant amount (more than 15%) and you want to save money.
You can also switch for:
- Better or expanded coverage
- Poor customer service experience
- Life changes
- New house in a new location
Why switch your home insurance to Western Financial Group?
Expertise: A Western Financial Group home insurance expert will get you home insurance that protects what’s likely your biggest asset.
Trust: Western is a trusted, national insurance brokerage that has partnered with Canada’s top insurance companies to provide home insurance.
Ease: We do the insurance shopping for you. We get you home insurance coverage quotes for you to choose from that suit your needs and your budget.
How does an insurance broker help you?
- Brokers know exactly what discounts you qualify for as a homeowner; they know which carriers offer the best perks for your specific situation.
- Brokers can customize your home insurance coverage, so you’re not overpaying or paying for coverage you don’t need or missing key protection that could cost you more down the road.
- They offer advice to minimize risks and avoid claims and premium increases
- Advocate for you during the claims process; brokers work on your behalf, not the insurance company, to make sure your claim is fair and fully paid.
- Review your home insurance policy regularly and re-shop your policy every year or two, making sure you're still getting the best deal.
What else can Western do for you when you switch your home insurance?
As an insurance broker, Western can provide you with specialized coverage options at the best price for you because we have access to multiple insurance providers across Canada.
Western can advise you on insurance add-ons that you may need to cover unique risks that your home may face, such as being in a flood or earthquake zone.
Can I get discounts? Can I save with Western?
If you bundle your home and car insurance with Western you can save. Ask us about other discounts for which you may qualify.
To sum it all up
An insurance broker helps you find the right policy, save money, and get support when it counts most.
Switch your home insurance to Western. It’s easy, fast, and you can save.
5 FAQs
How much coverage do I need for my home and personal property?
Your home insurance policy should cover the full replacement cost of your home and its contents, including detached structures like garages or sheds.
What is and isn’t covered by my home insurance policy?
You need to read your home insurance policy and ask your home insurance expert questions about it. Make sure that you know what is excluded in your home insurance, such as floods, earthquakes and sewer backups. What are your policy limits and deductibles? Get informed!
How much is my deductible, and how does it affect my home insurance premium?
Knowing your deductible amount (the amount you pay before insurance kicks in) helps you understand your out-of-pocket costs and how increasing or decreasing deductibles impacts your home insurance premium.
What are the most overlooked home insurance coverages?
Sewer backup coverage, earthquake coverage, and overland flood insurance are commonly overlooked with some homeowners believing they are automatically included in their home insurance policies. These coverages usually need to be added to your home insurance policy.
Is my expensive jewelry collection covered under my home insurance?
Most home insurance policies include coverage for jewelry, but it’s usually subject to a relatively low limit, often ranging from $1,000 to $6,000 for all jewelry combined, depending on your insurer and policy. You can buy additional insurance coverage, called a floater or rider, for specific high-value items such as your jewelry collection.
