Insurance Broker in Edmonton

On top of being the province's capital, Edmonton is considered a main center for the oil and gas industry, home to a vibrant arts scene, and premier research and education center. Situated on the North Saskatchewan River, this place that you call home is shared by nearly 1,000,000 other residents, all of whom have their own unique auto, home, and business insurance needs. BrokerLink's trained professionals who live in the city are more than happy to work with you in order to create a customized insurance policy, as well as provide you with competitive quotes and ensure you can get the best insurance rates possible. Connect with our Edmonton insurance brokers today for your car insurance, home insurance, and other personal or business insurance needs.

Get the right insurance with Edmonton insurance brokers

Insurance is our profession for good reason. It's not something you can learn all about overnight, and it's definitely not something we recommend trying to go all in on if you've already got so much to do in your day. That's why BrokerLink is here, after all! Our Edmonton insurance brokers have insights that help residents of Edmonton find the proper coverage for whatever it is they're looking to insure: their home, car, business, recreational items, or even pets. Since we live in the community, we know what the kind of unique risks Edmonton residents might face, and can help address those with the right risk management plan.

A little bit about BrokerLink Edmonton: we can't exactly make insurance fun, but we can make it simpler so anyone can understand it. Our experts will shop around for you in order to find coverage that fits and we regularly deliver tailored advice to help make it all easier. Don't be shy! The better we know you, the better we can find you proper insurance - and all at the right price point, too.

We're 100% Canadian owned and operated with 200+ community branches across Canada. We're not tied down to a single provider, meaning that we have numerous connections when it comes to finding you insurance quotes. With over 3,000 employees ready to find you insurance solutions, you better bet there's someone in your corner waiting to help you.

Why choose a BrokerLink advisor?

There's a very specific difference between an insurance broker and an agent or an underwriter, and that's part of what makes it so great to choose a BrokerLink advisor over purchasing insurance at the source or going with an agent. The main difference is this: while an insurance broker represents numerous different providers throughout Canada, an agent or underwriter will only represent and advocate for one. One quote doesn't give you a lot of options, but BrokerLink can give you an array of different choices.

Here are a few more benefits of choosing us as your advisors of choice:

• You gain an expert who has a relationship with the market, numerous experienced connections, and an affinity for insurance.
• You have a single access point to all your insurance need-to-know and advice based on the knowledge they have of you.
• You gain the expertise of someone who really knows their stuff.
• You get the support of someone who advocates for you before any one insurance company, so you know you're getting the best advice.
• You gain access to numerous top insurance markets, so you know you'll get plenty of coverage options and ultimately better coverage.

These are just some of the reasons why choosing an advisor like the ones from BrokerLink is so great! For even more reasons, contact us.

BrokerLink insurance specialties

BrokerLink is an insurance brokerage of many talents, and we're more than happy to provide you quotes from reputable insurance companies throughout Canada. We dabble in a number of different products. See some definitions and clarity below:

Business insurance

As an Edmonton professional, you likely don't have the time to be sifting through all the various coverage options presented to you. In fact, there's so much to do in one day - is insurance even worth the cost? Commercial insurance, otherwise known as business insurance, protects your commercial operations from potential losses. BrokerLink's commercial insurance brokers in Edmonton are happy to work with you and gain a better understanding of what your business is, what it does, and how to curate effective business insurance policies that best suit your needs. See, no industry is alike, so it makes sense that no policy is exactly the same, either. That's where we shine: creating comprehensive coverage plans that suit your needs as a hardworking business owner, protecting your business against its unique exposures and taking some of the hard work off your shoulders so you can rest assured that we have the insurance covered and you can get back to business.

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Home insurance

Home insurance comes in many forms: tenant, condo, seasonal, rental. What it protects is (roughly) all the same: your assets. While a standard home insurance policy in Edmonton might cover your property against perils such as fires, vandalism, theft, break-in, storms, tornadoes, wind damage, falling objects, and more, personal insurance is personal for a reason. Everyone's home and budget might look a little different, so it's important for you to have an expert in your corner (such as our Edmonton insurance brokers) who can help provide you with the advice you need to make informed decisions about your home insurance. Our insurance brokerage finds protection for all kinds of properties, from duplexes, detached homes, townhomes, apartments, condos, and even seasonal homes. Our access to quality insurance carriers throughout Canada allows us to give you plenty of choices. Connect with BrokerLink today to begin your home insurance.

Get a home insurance quote

Car insurance

You can't go without auto insurance in Edmonton (which extends across Alberta) if you plan to drive. There are a lot of expenses when it comes to driving, from paying your monthly car payments to your insurance, maintenance, and gas, but the convenience is something that very few Edmonton residents can go without. BrokerLink's connections to a wide array of insurance providers in Canada help us when it comes to finding Edmonton residents the car insurance that they need to feel confident when they drive. Not only will we help you satisfy provincial regulations, but we'll go above and beyond and give you savings tips, and coverage advice, and be there to advocate for you if you should ever need to make a claim due to an unexpected incident. Your car is your personal property, and we want to protect it like it were ours. Connect with us to see how inexpensive we can make your protection today.

Get an auto insurance quote

Other insurance coverages

BrokerLink also specializes in helping Edmonton residents find the following coverages:

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

Do I need to purchase insurance in Edmonton?

That answer varies depending on the insurance. Purchasing insurance can be mandatory situationally, but it also depends on the type of insurance you're looking to purchase. All in all, BrokerLink recommends purchasing insurance even if it's not a requirement.

Let's take a look at business, auto, and home insurance and examine the different situations in which they may or may not be required:

Do I need to purchase home insurance in Edmonton?

If you have completely paid off your home and currently have no existing financial debts, then you likely will not be required to purchase insurance for your home. It is not provincially regulated the same way that your auto insurance coverage might be. However, if you have a mortgage, your lending company or the bank will likely make it a condition of your loan agreement to purchase protection to protect their investment.

What about tenant insurance? Tenant insurance, and oftentimes condo insurance, may be requested of you by your landlord or your condo association. While it is not provincially required, it can be made a condition of your agreement and therefore you will need to purchase coverage before you can sign. Luckily for you, tenant insurance tends to be one of the most inexpensive policies to buy, so there's really no reason not to.

Do I need to purchase auto insurance in Edmonton?

If you drive, absolutely you need to purchase auto insurance. This is one type of coverage that is required of you if you choose to operate any motorized vehicle on public roadways. That could be your family's SUV, a motorcycle, a motorhome, or a huge company vehicle. In Alberta, you could be faced with serious consequences if you are caught driving without insurance. You'll be required to pay a fine and if you don't pay that fine, you could see jail time.

Alberta car insurance cost range between $1,200 and $2,000, so considering what a first offence fine could cost you (a minimum amount of $3,000 and up to $10,000), you're really just better off with purchasing insurance. If you got into an accident while uninsured, you'd also have to be paying out your repair costs out-of-pocket - and those can rack up very quickly. You might think it's easy not to get caught, but police technology is evolving every day. Bottom line? It's better to be insured,

This one is a hard yes. Car insurance is one of the few types of protection that is required of you to carry in the province of Ontario, or you could be faced with some serious fines - $25,000 for a first offence of being caught without coverage up to $50,000 for a second offence! Car insurance may only cost you a maximum of $2,000 a year - would you really want to be paying the $25,000 fine or enjoy 10 years of comprehensive protection (for less than the same price) without having that lofty ticket to pay?

Note also that in Alberta, provincial regulations are different than the rest of the country. A BrokerLink insurance broker in Edmonton can help you get insured to comply with provincial regulations, as well as assist you with finding the best protection to safeguard you and your family against the cost of accidents, injuries, and more.

Do I need to purchase business insurance in Edmonton?

This one really depends on the kind of business you run. It is highly advised that your business, small or large, implement your insurance costs as part of your financial planning because of its necessity. Most industries are not required to carry insurance, but you'll have a hard time finding any number of businesses that choose to go without.

Professional liability insurance can be required for some specific industries. This special type of insurance is needed by professional occupations that exchange service or advice for compensation. Still, specific professionals - such as lawyers and medical professionals - may be mandated to carry some level of PLI.

Contractors, for example, may not be required to carry commercial liability insurance, but they could be refused work without it. Clients will see insured contractors as more reputable than businesses that choose to go uninsured. It's better for your business' rep and for your finances to be insured.

BrokerLink's advice on how to get the best rates in Edmonton

You want to save money. Why wouldn't you, after all? Some insurance policies are necessary costs, but that doesn't mean you have to pay an arm and a leg for them. One of the main things we specialize in here at BrokerLink is giving advice based on people's personal circumstances in order to help them obtain the lowest premiums. People don't always take action when it comes to saving, but that's where we come into play. We already know how to get the best price for your coverage, how to compare options, and when to review your policy rather than just letting it automatically renew.

And unfortunately, for a lot of reasons, premiums are on the rise. It's better to take initiative when you can and find the best savings you can. All drivers, homeowners, business owners, and policyholders of all varieties want to save money! Here are BrokerLink's best tips to help you lower your insurance costs:

1. Compare quotes and get savings advice from an Edmonton insurance broker

Working with a BrokerLink advisor is undoubtedly one of the best ways to cut down on your costs. Not only do they have decades of expertise in insurance and know precisely what goes into calculating insurance premiums, but they also get you and what you're all about. With these insights, they can advise you on the best coverage while avoiding any unnecessary protection you don't want to be spending money on. An insurance broker from Edmonton is also your advocate when it comes to dealing with insurance companies, so you can be sure that they'll be in your corner whenever you need them.

2. Bundle multiple policies

Bundled home and auto policies, or tenant and auto, etc., can reduce your premiums. What does "bundled policies" mean? Virtually, bundling up, or a "multi-policy discount" is when you choose to purchase two or more policies through the same provider. Virtually every insurance company will discount you around 15% per policy if you choose to purchase through the same provider twice or more. And by the way, the same applies if you have multiple vehicles in one household. Just insure both of those vehicles through the same provider and enjoy the savings!

3. Try usage-based insurance

Note that this tip may not be offered as a program by every insurance company, but it's something worth looking into if you're a great driver and you want to be rewarded for it! Usage-based insurance or a telematics program is a system which rewards good drivers, monitoring your various driving habits such as hard braking, quick acceleration, and when during the day you drive. With this data, your insurance provider can gauge your likelihood of being involved in an accident and grant you discounts based on your good habits. With usage-based insurance, you may be rewarded with a discount of up to 20%! These programs are excellent for good drivers, but new and young drivers can also use these to build their insurance history far more quickly and have additional motivation to practice safe driving.

4. Choose a higher deductible amount

Your deductible amount and your insurance premiums are directly linked to each other. Generally speaking, the higher your deductible amount is, the lower your insurance premiums will be. You can easily reduce your insurance costs by choosing a higher deductible amount. Standard deductibles sit around $500 and apply for covered claims. You must pay this amount before your company steps in to cover the remainder. When choosing to increase your deductible, you'll want to confer with your broker to be sure the amount you're increasing your deductible by is reasonable and that you can afford to pay it out-of-pocket.

5. Use anti-theft and security devices

This is applicable to businesses, homes, and vehicles. Many insurance companies reward their policyholders if they purchase security systems, monitoring systems, and anti-theft systems. Some of these systems can have quite the upfront cost though, so be sure that the device you're looking to purchase and install is worth the savings. For example, some companies won't reward you with discounts unless you have a proper monitoring system for your home with cameras, but those can be extremely expensive to install and maintain! Ask your broker for additional advice on security systems and alarms.

The bottom line is that a broker is your number one resource when it comes to saving money. The actual cost of hiring a broker is outweighed by the savings you'll get when you work with an expert who understands your needs! It's a win-win situation. BrokerLink's insurance brokers in Edmonton are more than happy to help you.

We're in your community

We get the needs of Edmonton residents because we're Edmonton residents, too. We'll get you the right coverage for the best cost, and we're excited to meet our neighbours.

Contact us

BrokerLink is here for you during business hours however you mean to get in touch. Whether you choose to reach out by phone, email or come to visit us in person, we'll be ready to answer your questions. BrokerLink's insurance brokers in Edmonton treat their customers the same way you'd expect someone to treat their neighbours: with courtesy, and dignity, and we work hard to protect your assets as if they were your own. We understand that insurance can be difficult to understand, which is why we've dedicated ourselves to learning about it so that we can lend some of our deeper insights and helpful knowledge to you.

Our extended calling hours are from Monday-Friday between 8 am-6 pm and Saturday between 9 am and 4 pm. Our roots are here in Edmonton, Alberta - just like yours. We can't wait for you to get in touch so we can offer our services to you and help you begin your journey to greater peace of mind.

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