Insurance Broker in Moncton

For over three decades, BrokerLink has been a leading full-service brokerage, offering expertise in Moncton home insurance, car insurance, business insurance, and more. Serving the needs of Canadians in Moncton and nationwide, we provide comprehensive coverage tailored to our customer’s specific requirements. With our extensive expertise in the insurance industry, we are equipped to provide customers with personalized insurance solutions. Over the years, we have helped countless residents of Moncton find exceptional insurance plans that cater to their unique lifestyles. Contact BrokerLink today and discover the benefits an insurance broker can bring you.

Licensed insurance brokers in Moncton

Moncton, known as the Hub City, embodies the resilience and determined spirit that is evident in its motto, “I rise again.” Since its establishment in 1733, Moncton has continuously overcome challenges and emerged stronger. Situated at the geographic centre of the Maritime provinces, it holds strategic significance as the Atlantic Trade Gateway, serving as a pivotal transportation and distribution hub for road, rail, and air cargo. With its captivating natural beauty and flourishing economy, Moncton offers its residents an exceptional living and working environment.

At BrokerLink, our insurance brokers in Moncton are committed to maintaining Moncton as the ideal place to live by meeting all your insurance needs, both personal and business-related. We offer customized options that provide insurance coverage tailored to your specific requirements, all while delivering excellent value.

Why choose BrokerLink?

When you choose BrokerLink, you will be connected with an experienced insurance expert who will guide you through the process of obtaining your insurance policy. Contact BrokerLink in Moncton to learn more about the benefits of working with our insurance brokers and gain valuable insights.

BrokerLink insurance offerings in Moncton

BrokerLink is committed to helping customers in Moncton find the perfect insurance coverage tailored to their specific needs. As a comprehensive brokerage, we specialize in various insurance types, including home insurance, commercial insurance, auto insurance, and more. Our expertise spans a wide range of insurance categories, ensuring that we can deliver exceptional service and guidance in all areas of insurance:

Home insurance

When buying a home in Moncton, it’s vital to protect your property and possessions from unforeseen circumstances. At BrokerLink, we provide a variety of policies specifically tailored to safeguard you, your home, and its contents, from house insurance to condo insurance to vacation property and cottage insurance and more. Our knowledgeable insurance advisors will assist you in choosing a comprehensive home insurance policy in Moncton that covers a range of potential risks, such as third-party lawsuits, fire damage, water damage, hurricanes, and power outages.

At BrokerLink, we recognize the importance of home insurance and offer even more Moncton home insurance services. These services include policy renewal assistance, coverage adjustments when you're planning a move, and tips for home protection.

Get a home insurance quote

Tenant insurance

When renting a place, it is essential to prioritize tenant insurance in Moncton for your protection. This type of insurance covers your personal belongings and provides liability coverage. At BrokerLink, we offer comprehensive coverage options tailored to address specific risks that are unique to renters. This includes coverage for personal liability, damage to your home, theft, and more. To learn more about tenant insurance, check out our handy tenant insurance guide.

Get a tenant insurance quote

Auto insurance

With our Moncton car insurance solutions, BrokerLink is also well-equipped to meet the auto insurance needs of drivers in Moncton. Like everywhere in New Brunswick, auto insurance is a legal obligation for operating a vehicle on the road in Moncton. Our team at BrokerLink is committed to providing drivers of all ages in Moncton with high-quality car insurance coverage that is affordable and meets their specific requirements.

We understand the mandatory requirements set by the province of New Brunswick, including a minimum of $200,000 in third-party liability coverage, accident benefits coverage, direct compensation—property damage (DC-PD), and uninsured automobile and unidentified automobile insurance. Whether you need insurance for a new driver, coverage for a recently purchased vintage car, boat insurance, or any other auto insurance needs, we will work diligently to find the perfect car insurance policy for you.

Get an auto insurance quote

Business insurance

If you operate a business in Moncton, it’s vital to secure reliable business insurance to protect it from potential financial risks. Whether you own a small enterprise or a large corporation, the expertise of a BrokerLink insurance advisor in Moncton can help you navigate the complexities of business insurance, also known as commercial insurance.

We will ensure that your business has adequate coverage with essential policies, including commercial general liability insurance, commercial property insurance, cyber liability insurance, professional liability insurance, and more. By obtaining high-quality business insurance in Moncton from BrokerLink, you can safeguard your business against various threats such as cyber-attacks, negligence claims, third-party property damage, bodily injury, fire, water damage, and numerous other risks.

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Other insurance options for Moncton residents

BrokerLink has a wide range of expertise across various insurance categories, allowing us to offer comprehensive coverage options for residents of Moncton. Whether you need:

• Vacation property and cottage insurance
• Tenant insurance
• ATV insurance
• Farm insurance
• Cyber insurance
• Storage unit insurance
• Employee benefits
• Life insurance
• Landlord insurance
• Umbrella liability insurance
• Musical instrument insurance
• Wine cellar insurance
• Equine insurance
• Group and associations insurance
• Travel and trip cancellation insurance
• Trailer and RV insurance
• Motorcycle insurance
• Identity theft insurance
• Boat insurance
• Snowmobile insurance

BrokerLink can assist you in finding the right coverage for your specific needs.

Benefits of having insurance in Moncton

Insurance is a crucial component in ensuring financial security and peace of mind. It protects against potential future losses by offering various types of coverage, including vehicle insurance, high-value home insurance, and commercial insurance in Moncton. These insurance policies serve as a safety net, guarding policyholders against everyday risks that could result in significant financial burdens. Whether it’s damage caused by fire, water, or other perils or the potential expenses from lawsuits, bodily injuries, or property damage, insurance helps mitigate the financial impact of unforeseen events.

Consider the scenario of a home being destroyed by a fire due to electrical issues or appliance failure. Without insurance, the cost of repairs or replacing the home could be overwhelming. Similarly, in the case of a car accident without insurance coverage, the policyholder would be solely responsible for legal fees, damage to property, and medical expenses. Insurance provides a necessary layer of protection, ensuring that individuals are not burdened with the full financial repercussions of these unfortunate events.

Factors that can impact Moncton insurance premiums

There are various factors that can impact the cost of insurance in Moncton. These factors encompass:

Insurance type and coverage

The specific type of insurance coverage you need, whether for your home, car, or business, can impact the insurance cost. The level of coverage you choose and the specific features included in your policy can also influence the premiums you pay. Different types of insurance have different risk factors associated with them, and the extent of coverage you select will determine the level of financial protection provided. These factors are taken into consideration by insurance companies when determining the cost of your premiums.

Deductibles and coverage limits

The amount you choose for your deductible and the coverage limits can impact the cost of your insurance. Opting for a higher deductible typically translates to lower premiums, as you are assuming a greater portion of the risk before the insurance coverage kicks in. On the other hand, choosing higher coverage limits may result in higher premiums, as the insurance provider would need to provide a higher level of financial protection in the event of a claim. It’s important to find the right balance between your desired level of coverage and the premiums you are willing to pay.

Insurance claims history

Your previous record of insurance claims can have an impact on the cost of your insurance. If you have a history of making frequent claims or claims with high values, it may lead to higher premiums. Insurance companies consider your claims history as an indicator of risk, and a higher frequency or severity of claims suggests a higher likelihood of future claims. As a result, they may adjust the premiums accordingly to reflect the perceived level of risk associated with insuring you.

Property value

The value of your property, whether residential or commercial, can influence the cost of insurance. Typically, higher property values lead to higher insurance premiums due to the increased potential cost of repairs or replacements. Insurance companies consider the value of the property when calculating premiums, as it directly affects the financial risk they assume in case of damage or loss.

Location

The location of your home in Moncton can influence insurance costs as various factors come into play. Elements such as crime rates, the likelihood of natural disasters like floods or hurricanes, and the distance to fire stations can have an impact on insurance premiums. These factors are taken into consideration by insurance companies when assessing the level of risk associated with insuring a property or vehicle in Moncton.

Personal factors

Insurance costs can be influenced by personal factors such as age, driving record, and claims history. For instance, younger drivers or those with a track record of accidents or traffic violations may encounter higher car insurance premiums. Insurance companies consider these factors in assessing the risk level associated with insuring an individual. Drivers with a clean driving history and no prior claims may generally qualify for more favourable insurance rates.

Insurance company

Insurance companies utilize different pricing structures and risk evaluations, so comparing quotes from multiple providers is recommended. By obtaining quotes from various insurance companies, you can assess your coverage options and identify the most competitive rates. Comparing quotes allows you to make an informed decision and select the insurance policy that offers the best combination of coverage and affordability.

Saving money on insurance in Moncton, New Brunswick, just got easier

At BrokerLink, we strongly believe in making insurance affordable and readily available to our customers. Our dedicated focus is to provide you with the exact coverage you need at competitive rates. Our team of experienced insurance advisors has extensive industry knowledge, enabling them to conduct thorough searches and find the best insurance options that offer competitive rates. Moreover, we take pride in offering valuable money-saving tips to help you reduce your insurance expenses. Here are some of our top recommendations to help you save on insurance costs:

Regularly review your coverage

To avoid paying for unnecessary extras, it's important to review your insurance coverage regularly. Take the time to assess your coverage limits and make necessary adjustments based on your current needs. For example, if the value of your home has decreased, consider reducing your coverage to align with the updated value. You can optimize your coverage and potentially lower your premiums by periodically evaluating your insurance requirements.

Increase your deductible

Increasing your policy deductible is a commonly known strategy in the insurance industry to potentially lower premium costs. The deductible refers to the amount that you, as the policyholder, must pay before the insurance company contributes towards a covered loss. It is a flexible element of your insurance policy that can be adjusted according to your preferences.

While raising the deductible can result in reduced premiums, it is important to consider whether you can comfortably afford the higher deductible if you need to make a claim. It is advisable to consult with a BrokerLink insurance advisor who can provide you with valuable insights and help you make an informed decision regarding the implications of increasing your policy deductible.

Bundle your policies

You can save money and simplify your insurance management by bundling multiple insurance policies with the same provider. Whether you need house insurance, auto insurance, or recreational vehicle insurance, consolidating them with a single insurance provider is a smart choice. Bundling multiple policies with one provider often leads to discounts or incentives, resulting in potential cost savings on premiums. It streamlines your insurance management and provides the convenience of having all your policies in one place. We strongly recommend considering this option if you have multiple vehicles in your household or require different types of insurance coverage.

Make annual payments

When it’s time to pay your insurance premium, you typically have two choices: pay in one lump sum or in monthly instalments. While monthly payments may seem convenient, it’s important to note that some auto insurance providers charge fees for each instalment. Opting for an annual payment can help you avoid these fees since you only need to pay once instead of multiple times throughout the year. In fact, some companies may even waive the fee or provide a discounted rate if you choose to pay in full upfront.

Consider a hybrid or electric vehicle

Another way to lower your insurance costs in Moncton is by considering the purchase of a hybrid or electric vehicle (EV). Many Canadian auto insurance companies now offer discounts specifically for drivers of these eco-friendly vehicles, promoting environmentally conscious choices. By opting for an EV, you can save on fuel expenses and potentially enjoy reduced insurance premiums for your electric vehicle. This double benefit makes choosing an electric or hybrid vehicle a financially advantageous and environmentally responsible decision.

Upgrade your security for your home or car

Installing monitored alarm systems can greatly enhance the security of residential or commercial properties, whether it’s to protect a vacation property rental or a warehouse. This proactive measure can potentially result in home or commercial insurance premiums savings.

Additionally, installing an anti-theft device in your vehicle can help reduce the risk of car theft, the need for insurance claims, and the possibility of increased insurance rates. Equipping your car with such a security measure may make you eligible for a discount on your car insurance. Taking these preventive steps improves the safety of your property and vehicle and demonstrates your commitment to risk prevention, prompting insurance companies to offer cost-saving incentives.

Install winter tires on your vehicle

Although not obligatory in New Brunswick, equipping your vehicle with winter tires can potentially make you eligible for a winter tire discount on your car insurance. Insurance companies strongly emphasize safety, and winter tires help reduce the risk of accidents during winter conditions, making your vehicle safer to drive. To determine if you qualify for a winter tire car insurance discount, it is advisable to contact your insurance provider. The experienced insurance advisors at BrokerLink can offer valuable insights into the specific requirements to meet in order to be eligible for the discount. Some insurers may have conditions such as using the same model of winter tires on all four wheels or keeping the tires on your vehicle for a specified duration.

Install a sump pump or sewer backup device

Reducing the risk of water damage and potentially saving on insurance can be achieved by installing a sump pump or sewer backup detection device on your property. These devices are highly effective in preventing flood or water-related incidents, which is why insurance providers often offer discounts to homeowners who have them. By taking proactive steps to mitigate water damage, not only do you gain peace of mind, but you may also enjoy cost savings on your insurance premiums. It's a win-win situation that protects your property and your wallet.

Compare rates with a licensed Moncton insurance broker

By teaming up with an independent broker, you save time, money, and the hassle of shopping for insurance. With their expertise and resources, licensed insurance advisors take care of all the necessary legwork on your behalf. Their impartial advice ensures you receive professional guidance in finding the perfect insurance policy that suits your specific needs. Whether it’s home, auto, or commercial insurance, you can trust our dedicated team to provide exceptional service. Discover the benefits of working with a registered insurance broker in Moncton and simplify your insurance experience:

Brokers operate independently of insurance companies

At BrokerLink, our independent brokers work autonomously from insurance companies, ensuring that your needs come first. When you contact us, you will be paired with a dedicated insurance advisor who will prioritize your requirements. They will take the time to fully understand your specific needs, enabling them to find an insurance policy that fits your lifestyle and budget. With our dedication to personalized service, you can rely on us to always prioritize your best interests and provide tailored insurance solutions.

Brokers do the work for you

Another benefit of working with a broker is the convenience they provide by taking care of the necessary tasks on your behalf. Brokers offer a streamlined service by contacting top insurance companies in Moncton and collecting quotes for you. They diligently compare policies and explore potential discounts, ensuring that you have access to the best options available. Ultimately, brokers simplify the process by presenting you with their expert recommendations, saving you valuable time and effort in researching and obtaining personal insurance quotes.

Brokers are bilingual

We understand that Moncton has a rich history, one that includes the French language, which is why we have experienced brokers who speak multiple languages, so you can feel comfortable speaking with our agents.

Brokers are insurance experts

Another compelling factor for seeking advice from a certified insurance broker is their extensive expertise in the industry. With over 30 years of experience, the BrokerLink team is dedicated to finding insurance policies that suit our customers’ individual needs and financial circumstances. We possess in-depth knowledge, particularly in Moncton insurance, enabling us to secure the most competitive rates for your policy. By leveraging our expertise, you can rely on us to navigate the complexities of insurance and ensure that you receive the right coverage at an advantageous price.

We’re in your community

Getting involved in the community is a big part of who we are. We live and work in your community so we understand your needs! We look forward to meeting our neighbours!

Contact us

At Moncton 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 in person at any one of our locations throughout New Brunswick. 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.

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