BrokerLink has been finding quality insurance solutions for Hamilton residents since 1991 - and we don’t plan on stopping anytime soon. Keep reading to learn more about the benefits of working with an insurance broker in Hamilton.
Expert insurance brokers in Hamilton
Shopping for insurance is no easy feat. With so many insurance products available and insurance companies across Ontario, understanding which company or policy is right for you is no easy task. Thankfully, BrokerLink is here to create a hassle-free insurance experience. Our team consists of fully licenced, expert brokers, eager to help Hamilton residents find the right policies for them.
Whether you’re looking for home insurance, auto insurance, business insurance, or another type of insurance entirely, your BrokerLink insurance advisor will work behind the scenes to ensure you get the best coverage at the best rate.
If you want to save time and money on insurance, work with a Hamilton insurance broker from BrokerLink. We will take the time to understand your unique needs, lifestyle, and budget. From there, we will contact Hamilton’s top insurance providers to obtain and compare quotes, all in an effort to find you a customized policy. Contact BrokerLink to get started today or continue reading to learn more about our unique offerings.
BrokerLink insurance for Hamilton residents
BrokerLink specializes in all kinds of insurance offerings, from home insurance to auto insurance, and much more. This means that we can help Hamilton residents find insurance policies related to the following:
Home insurance is important for homeowners across Hamilton. Whether you own or rent your home, this type of insurance can protect you from the unexpected. The BrokerLink team is well-versed in home insurance and can help you find a policy with appropriate protection. Though policies vary, the intention of home insurance is to protect your property and its contents from property damage, third party claims, and more. Depending on your coverage, your home may be covered in the event of fires, water damage, hurricanes, tornados, power outages, and more. To learn more about Hamilton home insurance, contact BrokerLink.
Get a home insurance quote
Do you own or operate a business in Hamilton? Let BrokerLink find you quality business insurance. Another one of our specialties, we have helped Hamilton businesses of all shapes and sizes find the right coverage. No matter the industry your business is a part of, we will take the time to understand its unique needs and find a customized policy to match. Whether you’re looking for commercial general liability coverage, commercial property coverage, professional liability coverage, cyber liability coverage, umbrella coverage, or another coverage type entirely, we can help.
Get a commercial auto or property quote
Finally, BrokerLink insurance advisors are auto insurance experts. If you drive a car in Hamilton, then you know that you need car insurance. Auto insurance is mandatory throughout Ontario, which means you must ensure that you have a valid policy anytime you get behind the wheel. BrokerLink can help you understand the minimum coverage requirements in your province, as well as explain the optional coverages that might benefit you. Get in touch to obtain a free quote or learn more about how auto insurance works in Hamilton.
Get an auto insurance quote
Other insurance coverages
BrokerLink can also help Hamilton residents find the following types of insurance:
- 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
Mandatory insurance in Hamilton
Are you wondering whether insurance is mandatory in Hamilton? The answer is it depends. Certain types of insurance, such as auto insurance, are mandated by provincial law. Others, like home insurance, are not government-mandated, however, they may be required by another party, such as a mortgage lender. In the case of home insurance, mortgage lenders often make insurance a stipulation of the mortgage loan. Therefore, if you require a mortgage to purchase your home in Hamilton, chances are you need to buy home insurance.
When it comes to car insurance, Hamilton drivers must be insured if they want to drive. In fact, driving without insurance is illegal. Those who choose to drive without insurance could face fines of up to $25,000 for a first offense and up to $50,000 for a second offense (in addition to a 15% surcharge), as well as a driver’s licence suspension.
Therefore, driving without car insurance in Hamilton is simply not worth it. The only way to avoid these consequences is by purchasing a valid car insurance policy. In Ontario, this means a policy that includes no less than $200,000 in third party liability coverage, in addition to accident benefits coverage, uninsured automobile coverage, and direct compensation - property damage coverage.
How to save money on Hamilton insurance
Insurance can be expensive, but it doesn’t have to be. As insurance experts, part of BrokerLink’s mission is to ensure that Hamilton residents do not overpay for any type of insurance. We are diligent about obtaining quotes from multiple providers, carefully comparing them, and unlocking discounts. Even more than that, BrokerLink insurance advisors are happy to provide Hamilton residents with our top tips on how to save money on insurance. Check them out below:
Bundle multiple insurance policies together
Our first tip for saving money on insurance is to bundle multiple policies together. Insurance companies often reward customers who purchase more than one policy from them. Purchasing two of the same type of insurance (e.g. two car insurance policies for each of the vehicles in your household) or two different insurance types (e.g. home insurance + car insurance or business insurance + car insurance) can result in major savings. Specifically, an insurance provider might give you up to 15% off per policy if you bundle multiple policies together.
Pay for your policies annually rather than monthly
Another way to save money on Hamilton insurance is to pay for your policies annually rather than monthly. Most insurance companies give policyholders the option of paying for their policies annually or monthly. While the latter might seem more manageable, it usually ends up being more expensive as insurers charge administrative fees for each payment made. Therefore, one simple way of saving money on insurance is by paying for your policy in one annual installment rather than twelve monthly installments.
Raise your policy deductible
A third tip for paying less on insurance is to increase your policy deductible. Policies with higher deductibles are often cheaper than those with low deductibles. That said, raising your deductible is not a decision that should be made lightly. Since a deductible is the amount of money you are responsible for paying toward an insured loss before the insurance company steps in, you should never raise yours beyond an amount you can afford. Contact BrokerLink to learn more about how policy deductibles work and the potential risks of increasing yours.
Install snow tires on your vehicle
Our second last tip pertains to car insurance. If you want to save money on Hamilton auto insurance, no matter what type of vehicle you drive, you might be able to do so by installing snow tires on your car. Insurance companies reward policyholders who take extra steps to ensure their safety and reduce their odds of getting into a collision - and installing winter tires on your vehicle does just that.
Keep in mind that snow tire discounts on car insurance usually have specific conditions that must be met. For example, you will likely need to install your winter tires by a certain date specified by the insurer and leave them on your vehicle until a set date. These discounts and conditions vary so be sure to speak with a broker before purchasing a new set of winter tires.
Purchase a hybrid or electric vehicle
One final way to save money on car insurance in Hamilton is by purchasing a hybrid or electric vehicle. To incentivize drivers to go green and reduce their carbon footprints, many Ontario insurance providers offer auto insurance discounts of up to 10% for drivers of eco-friendly cars. If you recently bought or leased a hybrid or EV, make sure to notify your insurance provider and you could save big.
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. We love meeting our neighbours!
Local Ontario Insurance Links
If you’re a member of a group or association, you may be eligible for more discounts.
At Hamilton 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 Ontario. 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.