Insurance Broker in Oakville

Why settle for a sub-par insurance policy when you could find tailor-made insurance coverage through an insurance broker in Oakville? That’s right, BrokerLink is all about quality insurance coverage, whether you're looking for Oakville car insurance, Business insurance in Oakville, or another type of policy.

[phone]

Licensed Oakville insurance brokers are just a call away

If you want the help of an insurance expert when shopping for insurance, contact BrokerLink. With BrokerLink, licensed Oakville insurance brokers are just a call away. Any one of our knowledgeable advisors would be pleased to help you find a policy. We outline our three specialties, Oakville commercial insurance, Oakville property insurance, and Oakville auto insurance, below. However, we can also help Oakville customers find several other types of coverage:

Oakville commercial insurance

Oakville commercial insurance is one of our most popular insurance services. Even though business insurance may not be mandatory in Canada, many businesses still choose to purchase it due to the financial protection it provides. Depending on the coverage you choose, your Oakville business can be protected against all kinds of risks, like property damage, liability claims, theft, fire, and more. Types of business insurance coverage that a BrokerLink insurance advisor can help you find include commercial auto insurance, commercial general liability insurance, cyber liability insurance, business interruption insurance, commercial property insurance, product liability insurance, and more. Give us the chance to get to know your business, and we promise to work hard at finding you a great policy.

[phone]

Oakville property insurance

Home insurance in Oakville is another popular insurance service we offer here at BrokerLink. Home insurance comes in all shapes and sizes. Our team of property insurance specialists has experience insuring everything from rental properties and cottages to primary residences and vacant and unoccupied properties. No matter what kind of home you live in, where in Oakville you live, or your circumstances, a BrokerLink insurance advisor can help you protect your property and the contents inside of it. We can provide tips on ways to keep your home safe when you are away, provide insight into ways that you can make your property insurance plan cheaper, and recommend optional coverages based on where you live. For example, Oakville is located next to Lake Ontario, which means adding flood insurance in the form of sewer backup coverage or overland water coverage might be worthwhile. For more information on BrokerLink’s dynamic home insurance solutions, get in touch today.

Get a home insurance quote

Oakville auto insurance

Oakville auto insurance comes in many forms. As a full-service insurance brokerage, we can help you find everything from basic car insurance to motorcycle insurance in Oakville. Regardless of the type of car insurance you’re looking for, your dedicated BrokerLink insurance advisor will make sure that your policy contains the mandatory coverage types in Ontario, like third-party liability insurance and uninsured automobile insurance. We will also take the time to unlock discounts on your behalf to save you money on Oakville auto insurance. For example, we can inform you about winter tire discounts, telematics discounts, occasional driver discounts, anti-theft device discounts, and more. Lastly, as car insurance experts, we can also recommend the best types of coverage based on your vehicle and driving habits. For instance, some drivers might benefit from adding collision or comprehensive coverage to their policies, while others may find accident forgiveness more worthwhile.

Get an auto insurance quote

More Oakville insurance options for customers

BrokerLink’s insurance services don’t stop at business, home, and car insurance. No, we are pleased to help Oakville customers find other types of coverage as well, like equine insurance, pet insurance, and condo insurance in Oakville. We even have a team of Oakville boat insurance experts who can help you find the right policy for your watercraft. Find out more about our dynamic insurance solutions below:

• Boat Insurance
• Condo Insurance
• Vacation Property and Cottage Insurance
• Tenant and Renters Insurance
• Life Insurance Broker
• Landlord Insurance
• Musical Instrument Insurance
• Wine Cellar Insurance
• Umbrella Liability Insurance
• Equine Insurance
• Pet Insurance
• Group Insurance
• Associations
• ATV and Snowmobile Insurance
• Farm Insurance
• Cyber Insurance
• Storage Unit Insurance
• Tractor Insurance
• Employee Benefits
• Travel and Trip Cancellation Insurance
• Trailer and RV Insurance
• Motorcycle Insurance
• Identify Theft Insurance

Don’t see what you’re looking for? Fear not! The list above is not exhaustive, so if you need a different type of insurance coverage, contact BrokerLink and speak with a licensed insurance advisor today. They will take the time to understand your needs and discuss your insurance options so that they can find a policy to meet them.

[phone]

Find Oakville insurance on a budget with these tips

BrokerLink aims to make insurance as accessible as possible, which is why we are always happy to give our Oakville customers tips on ways that they can find insurance on a budget. Over the years, we have worked with customers who have a broad range of budgets, and we are always able to find coverage for them. Regardless of what type of coverage you’re looking for, your BrokerLink insurance advisor will do everything in their power to ensure your rates are as competitive as possible. Learn more about the ways that you can save money on Oakville insurance by checking out the list of tips below:

Get help from an Oakville insurance broker

The first and most obvious tip for saving money on Oakville insurance is to seek help from an Oakville insurance broker. As insurance experts with years, if not decades, of experience working in the insurance industry, there is no better resource to have at your disposal. For instance, the licensed insurance brokers at BrokerLink can unlock discounts for you, explain the different strategies for saving money, and shop around on your behalf to find you the most competitive premium.

Bundle multiple Oakville insurance plans

Bundling insurance policies is a great way to save a significant amount of money on Oakville insurance. Depending on the provider, you might have several bundling options. For instance, you might be able to purchase two of the same policy, like two car insurance plans, or two different policies, like one car insurance plan and one home insurance plan. The only catch is that you will need to purchase two or more insurance products at the same time. The other benefit to bundling, beyond the incredible cost savings, is that you will likely only have one term expiry date to keep track of since you are buying your policies together.

Select a high deductible instead of a low one

Spend less money on Oakville insurance by choosing higher deductibles instead of lower ones. Many policyholders fail to realize how much of an impact your deductible has on your policy premium. While selecting a higher deductible can lead to an insurance premium decrease, selecting a lower deductible can actually lead to an insurance premium increase. Thus, we recommend choosing the highest deductibles you can afford.

Don’t choose a payment schedule lightly

As a policyholder, there are several decisions you get to make about your policy, one of which is how you pay for your policy. Many insurers give customers the option of paying monthly or yearly. While monthly might sound more enticing since the total cost of the premium will be broken up over 12 months, it can be more expensive to do it this way. Why? Since some insurance companies charge additional fees in the form of transaction or administrative fees for every payment made. Thus, before choosing a payment schedule, make sure you know all the facts. Ask for a complete cost breakdown of each payment option so you can choose the one that is the best option for you.

Consider which car is right for you

The make, model, and year of the car you drive can have a significant effect on how much you pay for car insurance in Ontario. Thus, before buying a new car, think carefully about which vehicle you want to buy, especially if you want your Oakville auto insurance rates to be cheaper. Generally speaking, more economical cars, cars with higher safety rates, and cars with low rates of theft will benefit from cheaper premiums. Driving an eco-friendly car, like a hybrid or electric vehicle can also result in a lower premium since many insurers offer discounts for this. Before signing on the dotted line or buying a car it can be a good idea to get an insurance estimate to avoid a large bill later on.

Enrol in a driver’s education program in Ontario

Completing an approved driving course from a licensed instructor can result in a car insurance discount in Oakville.

Equip your car, home, and office with security systems

A surefire way to save money on auto insurance, home insurance, or commercial insurance is to take the extra safety precaution of installing a security system in your car, home, or office. Depending on the type of system you install, you could benefit from a major discount. Anti-theft devices are most common in cars, while monitored burglar alarm systems are commonly found in homes and workplaces. Ask an insurance broker for more information on the specific conditions that must be met to qualify for such a discount.

Think wisely about your next home purchase

Just as the type of car you drive impacts your Oakville car insurance rates, the type of home you buy can impact your home insurance rates. Some factors that an insurance company will consider when calculating your home insurance premium include the age and condition of key features of your home, like the roof, plumbing system, electrical system, and heating system. Thus, we recommend choosing a home with modern systems. A home with eco-friendly features that reduce energy consumption, such as solar panels, can also help you save money on home insurance. Finally, a home free from major liabilities, like swimming pools and trampolines, can also help keep insurance rates low.

Finish paying off the mortgage on your home

Pay down the mortgage on your Oakville home and you could instantly benefit from a lower home insurance premium. How does that happen? Many insurance companies in Ontario offer mortgage-free discounts to policyholders.

We’re in your community

BrokerLink is honoured to be a part of the Oakville community. We understand the importance of our role in the community and do not take the responsibility lightly. That is why you can always find us getting involved and uplifting our neighbours any chance we get. Find out more about the pillars on which BrokerLink was founded by getting in touch today.

Contact us

At Oakville BrokerLink, we’re here to help you with any insurance needs you may have. Whether it’s insuring your home, car, business, recreational items, or pets, let us help you find the best coverage possible.

You can reach us by phone, email, or visit our location at Oakville. No matter how you choose to get in touch, a BrokerLink insurance advisor will be happy to assist you. We also encourage you to take advantage of our free online quote tool that can provide you with a competitive quote in minutes.Whether you need help with car insurance renewal or updating your property insurance policy, BrokerLink is here.

[phone]

Oakville insurance broker FAQs

Should I buy my Oakville insurance policy from an insurance broker or an insurance agent?

Before purchasing insurance in Oakville, you will need to decide whether to buy your policy through an insurance agent or through a broker. In order to make this decision, you must understand the key distinctions between the two. First, insurance agents work for insurance companies and have specialized knowledge of the insurance products offered by the company they work for. Conversely, insurance brokers work for insurance brokerages, which function as the go-between for customers and insurance companies. As such, they have broader knowledge about the insurance products offered by several insurance companies, rather than specialized knowledge about the products offered by one company. The good news is that both insurance agents and brokers are licensed and regulated, so you are in safe hands no matter which options you choose.

Is it safe to buy insurance from an Oakville insurance broker online?

Yes, it is absolutely safe to purchase an insurance policy online through an Oakville insurance broker. Nowadays, some insurance brokerages operate entirely online while others offer a mix of online and in-person services. Many customers prefer to purchase insurance online due to how quickly and easily it can be done. However, if you prefer to buy insurance the old-fashioned way, don’t hesitate to call or visit your local insurance broker’s office in person.

How do I know what Oakville insurance policy to choose?

The Oakville insurance policy you should choose is the one that has the coverage you want at the price point you can afford. Insurance coverage should protect you from risk but it shouldn’t break the bank. Finding a balance is key. Shop around and explore your options before purchasing a policy in order to find the one with the most comprehensive coverage at the most affordable price.

Is insurance mandatory in Oakville?

Car insurance is mandatory in Oakville. If you drive, you must purchase auto insurance coverage, and it must not be less than the minimum coverage requirements laid out by the provincial government of Ontario. This means that your policy must include $200,000 in third party liability coverage, uninsured automobile coverage, accident benefits coverage, and direct compensation - property damage coverage. Since auto insurance is a legal requirement, if you fail to purchase a policy, you will be in breach of the law, which could result in fines of up to $50,000, the suspension of your driver’s licence, and your vehicle being impounded. When it comes to home insurance or business insurance, it’s less black and white.

Neither are government mandated, but both may be required situationally. For example, if you took out a mortgage to fund your home purchase, your mortgage lender may require you to have a homeowner’s insurance policy until your loan is paid off. The same goes for renters who sign lease agreements with landlords. Your lease agreement may stipulate that you need a tenant insurance policy in Oakville for the duration of your lease if you want to live there. For commercial insurance, the regulatory bodies for some industries may require you to purchase certain types of business coverage. Clients may also refuse to work with you until you purchase it.

How can I find Oakville insurance on a budget?

If you are on a tight budget and want advice on ways that you can save money, consider the following: Many policyholders find great deals on Oakville insurance by bundling insurance policies together, choosing the highest deductibles that are feasible for their financial situation, reviewing their insurance policies annually and updating them to better meet their needs, making all monthly insurance payments on time, and inquiring about the insurance discounts that may be available to them. For example, many insurers offer discounts based on alumni or employment status while others offer discounts specific to certain products, like winter tire or telematics discounts for car insurance or burglar alarm system discounts for home or business insurance. Comparing your options by shopping around and obtaining quotes from multiple insurance providers in Oakville is also a great way to save money, as you can make sure you’re getting the most competitive rate at all times.

Why does liability coverage matter?

Liability coverage matters in the context of almost any type of insurance. Car insurance, business insurance, home insurance - no matter what type of insurance is being discussed, chances are, liability coverage is a core element of the policy. This is because liability coverage protects policyholders against legal claims, and lawsuits are one of the costliest risks out there. In fact, the cost of a single lawsuit could be enough to have serious long-term financial consequences, such as bankruptcy. But when you have some form of liability coverage as part of your insurance policy, your insurer can help pay for costs like defence and settlement fees, medical expenses, repair bills, and more. Third party liability insurance is the most common type seen in car insurance and home insurance. Meanwhile, when it comes to business insurance, business owners have several liability coverage options, like commercial general liability insurance, product liability insurance, employment liability insurance, cyber liability insurance, and more.

Can I get a free quote from an Oakville insurance broker?

Yes, free quotes can be quickly and easily obtained from Oakville insurance brokers. Simply get in touch with one near you - either by phone, in person, or via their website - answer some questions, and prepare to receive an accurate and competitive insurance quote.

If you have any questions, contact one of our local branches.