There are many benefits to you when working with insurance brokers who specialize in home insurance and auto insurance. From their range of insurance products to their extensive knowledge and training, experienced insurance brokers will advocate for you to get the best insurance coverage at the most affordable rate.
As a customer looking to get bundled home and auto insurance, when you work with a licensed insurance broker, not only will you receive expert advice and personalized service, but you will also receive many great coverage options. Not to mention there are potential discounts that you may qualify for.
Insurance brokers are focused on providing insurance coverage for two of the largest financial commitments many of us make – our home and our vehicle(s).
Brokers work with dozens of leading insurance companies and will get multiple quotes for all your insurance needs. Brokers will review each coverage option and will provide a custom insurance option for your specific needs. They will also take the time to answer any insurance questions you may have.
Brokers also provide insurance options for more than just your house and car. Common types of insurance products that an independent broker provides include business insurance, cottage insurance, boat insurance, travel trailer insurance, and much more. Generally speaking, insurance customers find it easier to work with an insurance broker who can protect all of their assets, as opposed to having to work with multiple different insurance companies for each individual item.
Our top-rated brokers will ensure you have the proper insurance coverage giving you peace of mind knowing you are protected.
Insurance brokers can help you save money when you bundle your insurance policies. In reality, savings from bundling can turn out to be quite sizable, in some cases several hundreds of dollars.
Bundling means having a number of your insurance policies with one insurance company. You can bundle your home, your vehicles, your business, your recreational items and more.
Here are some of the big benefits of bundling your insurance:
Here is another important thing to know when you are working with home and car insurance brokers, whether you are bundling your insurance or not: Being charged a penalty for changing your policy before it expires is not necessarily a bad thing in every situation. Even though you may be charged a penalty for an early policy cancellation, you could very well save in excess of the penalty by switching to another policy.
The experience property and casualty insurance brokers have will vary by each individual broker. However, all brokers in Ontario are licenced by the Registered Insurance Brokers of Ontario (RIBO). All RIBO-licenced brokers have taken insurance training and passed exams. Brokers must also continue their education by meeting annual training and education requirements to maintain their insurance licence.
Many brokers also earn other insurance designations such as their Chartered Insurance Professional (CIP), Fellow Chartered Insurance Professional (FCIP), and Canadian Accredited Insurance Broker (CAIB).
You can find a home and car insurance broker directly on Google. When looking for the right insurance broker, consider the following:
Brokers provide insurance expertise, independent insurance advice, a variety of insurance product options and much more at no additional cost to customers.
Your best insurance is from a broker. They work for their customers not for an insurance company, as is the case with some insurance providers.
Getting prices from a broker should be a very easy process. Give them a call, fill out their online form, or send them a text message or email. Regardless of how you choose to reach out, be sure you pay attention to how quickly they respond to you, especially if this is your first interaction with them.
Remember, you want to work with a broker who will be there when you need them most! If they aren't there to answer your questions quickly when you are inquiring about your insurance, can you rely on them to be there for you if you ever do go through the unfortunate experience of having a claim?
There are many insurance discounts offered by home and auto insurers. The discounts do vary from insurer to insurer, however, as long as a company offers premium discounts and you qualify, you can save, and the savings can add up!
There are many auto insurance discounts and home insurance discounts that leading insurance companies have to offer.
Some popular discounts include multi-policy discounts, good driver discount
The best home and car insurance brokers care about providing great insurance products and excellent value and are dedicated to looking after each customer personally with exceptional insurance service.
This is our focus at Morison Insurance. Our brokers are home and auto owners too. They have concerns just like yours. Will my home insurance provide protection in case of fire? Will my auto insurance protect me if I am injured or someone else is injured in an accident? We know that every person and their circumstances are unique. We are trained insurance professionals ready to help with your insurance needs.
Home and car insurance brokers represent general insurance companies that provide home insurance and auto insurance. Brokers reach out to these insurance companies to get insurance coverage for customers.
There are many general insurance companies, also known as property and casualty insurance companies, across Canada. General insurance companies provide all types of insurance except life and health insurance.
Categories of general insurance include auto insurance, property insurance (personal and business properties), business insurance and liability insurance.
Insurance is all about protection: managing risk and providing compensation in the event of a loss. Some insurance coverage is required by law – auto insurance is an example of this.
You can purchase insurance directly from an insurance company, from an agent working for a company or from a broker who does not work for any insurance company, is independent, provides you with several insurance policy options and quotes (and therefore several choices of what insurance you want to buy) and is trained to provide you with professional insurance advice.
It is important to know that insurance protection varies substantially among companies. You should know what protection you are buying when you purchase your insurance.
At Morison Insurance we are proud of the many positive reviews our broker team has received, and we thank every customer who has provided a review.
Reviews can be found on Google, Facebook and Yellow Pages. You can also read our customers' testimonials on our website.
When you contact home and car insurance brokers for a quote, they will ask you some questions about the home or car you are looking to insure. After receiving that information from you, the broker should immediately reach out to insurance companies to get several quotes for you/ They will provide you with the quotes and discuss the coverage options being offered. You can compare the quotes, discuss the options with your broker and you can decide which insurance policy suits you best.
For an auto insurance quote, among the details required to get a quote are your driver's licence, the make, year and model of your vehicle, how long you have been licensed, and your driving record details - such as tickets or accidents if any.
For a home insurance quote, among the details needed for a quote are your home address, how old approximately your house is, and information on any updates made to your home.
Insurance coverage options are provided by the insurance companies, not brokers, and coverages vary among companies.
It is important to know what coverage options are included in the quotes you receive. It is also important to know the policy limitations or exclusions. Additional and enhanced coverages are available should you require them and auto and home insurance brokers can help you with this.
A benefit of working with home and auto insurance brokers is you get to compare insurance prices from several insurance companies. This means you have choices and options. You can choose which company provides the best insurance value for you – best protection and price.
Keep in mind that the cheapest insurance may not necessarily be the best insurance for you. Be sure you are getting the insurance protection you need at a good price – this is good value. There is no point in buying insurance that does not provide adequate protection to meet your specific needs. This is another area where brokers will be helpful. Insurance can sometimes be complicated and difficult to understand, but the best brokers are trained and experienced in helping to explain terms, details, coverage options and more to you.
The best brokers get competitive rates because they are seasoned insurance shoppers. As an example of this, let's say you need a new pair of shoes and you go to a mall. Do you go to one store or do you check out shoes at a few stores before you buy? We are betting the majority of people will check out at least a few stores. That's what the best insurance brokers do as well! They represent many insurance companies and will shop around at various insurance “stores” for you so you know what is available.
Basically, when you contact a home and car insurance broker it's like shopping at a “mall” of insurance companies except they go to the “insurance mall” for you. All you need to do is contact them and ask for quotes on your insurance. It's super convenient, fast and easy.
We are home and auto insurance brokers and happily serve all of Ontario! We are also among the most digitally-able brokers in Ontario and we can provide you with excellent service no matter where you are located in Ontario.
We are at your service online, by email, by text or in person at our offices and look forward to discussing your insurance needs and providing you with the best insurance products, competitive rates and best-in-class service. Fill out the form on this page or call our experts at 1-800-463-8074 to get your quote started.
This content is written by our Morison Insurance team. It is provided for general information only. Insurance needs differ from person to person, and this article is therefore not a substitute for professional advice about your individual insurance needs which can be obtained by speaking to one of our brokers.