Insurance Broker in Owen Sound

You might think that Owen Sound car insurance, Owen Sound business insurance, or Owen Sound home insurance is hard to come by, but not with help from BrokerLink. BrokerLink specializes in personalized and affordable insurance coverage that protects your car, home, and business from risk.

Owen Sound insurance coverage made for you

Who isn’t looking for insurance coverage that is tailored to their needs? That is exactly what BrokerLink Owen Sound offers. Whether you are looking for commercial insurance, property insurance, or auto insurance, we will work to ensure your policy meets your needs, and we won’t settle for anything less than that:

Owen Sound auto insurance

Finally, the BrokerLink team would be happy to connect you with quality auto insurance coverage. Given that car insurance is mandatory in Ontario, we will make sure that your policy complies with local laws and meets your needs. Beyond helping you find basic coverage at a reasonable price, we can also recommend optional coverages that may be worthwhile to you, like comprehensive coverage, collision coverage, or accident forgiveness coverage. Learn more about our unbeatable car insurance solutions by calling BrokerLink Owen Sound today.

Get an auto insurance quote

Owen Sound commercial insurance

Insure your Owen Sound business with help from BrokerLink. No matter what size your business is, how many employees it has, or how much profit it brings in each year, we want to help you protect it from risk. We can help you make sense of all the coverage options out there, including crime insurance, business interruption insurance, commercial property insurance, commercial general liability insurance, and more.

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Owen Sound property insurance

Let BrokerLink help you purchase home insurance in Owen Sound, and we promise you won’t be disappointed. We can help you navigate the world of property insurance by explaining your coverage options, renewing home insurance for you, and even giving you tips on how to reduce home insurance claims. Whether you own a cottage, primary residence, condo, rental property, or vacation home in Owen Sound, we will help you insure it.

Get a home insurance quote

Insurance solutions for every Owen Sound customer

Insurance is not a one-size-fits-all game, which is why BrokerLink is pleased to offer a broad range of insurance services to our customers. We have insurance solutions to suit every Owen Sound customer, whether they are looking for farm insurance, storage unit insurance, tractor insurance, or even equine insurance. Continue reading for an exhaustive list of our dynamic insurance options:

• 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 the type of insurance you want? Get in touch with BrokerLink and discuss your insurance needs with a licenced advisor today.

Start saving money on Owen Sound insurance with these broker-approved tips

Stop overspending on insurance and start saving by taking advantage of the broker-approved tips below. The BrokerLink Owen Sound team has decided to put our years of insurance expertise to good use and compile the following list of money-saving tips. If you are looking to reduce how much you spend on Owen Sound insurance and make your policy as affordable as possible, these tips are for you:

Ask an Owen Sound insurance broker for advice

The first tip we offer all Owen Sound customers is to reach out to a local insurance broker for advice. Contacting an insurance broker is free of charge, and you might be surprised to discover just how much help we can offer. For instance, BrokerLink’s team of Owen Sound insurance advisors is licenced and has years of experience insuring everything from cars and homes to boats and businesses. We have worked with a wide variety of budgets and will make sure that you get the most competitive rate for your policy.

Bundle Owen Sound home and car insurance

Did you know that if you bundle home and car insurance you can enjoy major savings? It’s true. Many insurance providers reward customers who show their loyalty by purchasing more than one insurance product from them at the same time. One example is bundling home and car insurance policies. However, you may also be able to bundle home and commercial insurance policies or car insurance and business insurance policies. You might even be able to bundle two types of the same policy, like two car insurance plans, one for each vehicle in your household. Why do this? Insurers are more likely to offer you a discount when you purchase a bundle, so be sure to ask your insurance broker if you are interested in this option.

Pick high deductibles for your policy

Of all the factors that influence how much you pay for insurance, the deductibles you choose is one of the biggest ones. Since you are responsible for paying your deductible in the event of a claim, the amount you choose directly impacts how much financial responsibility the insurance company has to take on. If you choose a higher deductible that allows the insurance company to minimize its financial responsibility, they are far more likely to reduce your premium. Thus, if you want to save money on Owen Sound insurance, we recommend choosing the highest possible deductibles you can afford to pay for your policy.

Think carefully before purchasing a new vehicle or property

The vehicle you drive and the property you own will both determine how much you pay for car insurance and home insurance, respectively. Thus, if you are on a tight budget, we recommend thinking carefully before making either of these purchases. Specifically, it is important for you to understand how the unique features of your car or home can influence your insurance rates. For example, the safety rating, rate of theft, value, and reliability of the car you drive can all impact your rates. The safer, more reliable your vehicle is, the lower your premium is likely to be. Meanwhile, budget-friendly or economical cars typically come with lower premiums than expensive, luxury cars, which would cost more to repair in the event of an accident. When it comes to home insurance, factors like the condition and type of plumbing and electrical system in your home, along with the crime rate of the neighbourhood your home is located in can all influence how much you pay for property insurance. Thus, we recommend choosing a home in a safe neighbourhood with modern, energy-efficient features.

What factors impact insurance rates in Owen Sound?

The reality is that plenty of factors impact insurance rates in Owen Sound, which is why it’s nearly impossible to estimate the cost of insurance without knowing more about your unique situation. That said, to help you understand how insurance companies assess risk and calculate premiums, the team at BrokerLink Owen Sound has put together a list of factors that can influence rates. Keep in mind that not all factors will influence premiums for all types of insurance. For example, some may only influence car insurance rates while others may only influence commercial insurance rates:

• Your personal insurance claims history
• The coverages, limits, and deductibles you select for your policy
• Age
• Marital status
• Driving record
• Annual mileage
• Local laws
• Your home address
• Whether you use your car for business or personal reasons or both
• The make, model, and year of the vehicle you drive
• The size of your home
• The condition of your home’s roof
• The type and condition of your home’s electrical system
• The type and condition of your home’s plumbing system
• The type and condition of your home’s heating system
• Your years of experience in the industry
• The size and location of your business
• The annual and projected gross revenue of your business
• The number of employees at your business
• Whether your business operates online, out of your home, in-store, or all of the above

Contact BrokerLink for further insight into how Owen Sound insurance premiums are calculated.

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Request a free insurance quote from an Owen Sound insurance broker now

To find out how much purchasing an Owen Sound insurance policy will cost you, we highly recommend reaching out to BrokerLink for a free quote. A quote is the best way to get a better idea of the amount that you can reasonably expect to pay for your policy. In order for your quote to be as accurate as possible, make sure to come prepared. This means that you should gather the necessary information or documentation to be able to answer questions about yourself, your insurance claims history, and the type of insurance coverage you are looking for. Please note that free quotes can be obtained through BrokerLink over the phone, in person at one of our 200+ branches in Canada, or online using our online quote tool. No matter which option you choose, you can receive an accurate, competitive, and obligation-free quote in as little as five minutes.

We’re in your community

BrokerLink is proud to be a pillar of the Owen Sound community. We seek to get to know our customers and the local community wherever we operate, and Owen Sound is no exception. Learn more about the ways that we give back to the community by getting in touch with BrokerLink today.

Contact us

At Owen Sound 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 us in person. 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.At the end of the day, whether you are looking for condo insurance in Owen Sound or boat insurance in Owen Sound, BrokerLink is here.

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Owen Sound insurance broker FAQs

Is auto insurance mandatory in Owen Sound?

Yes, auto insurance is mandatory in Owen Sound. It is mandated by the government of Ontario, which means that driving without it is illegal. If you want to avoid the severe consequences that come with driving uninsured, like up to $50,000 in fines, the suspension of your driver’s licence, and your vehicle being impounded, you must purchase a valid car insurance plan before getting behind the wheel.

For your car insurance plan to be valid in Owen Sound, or anywhere in Ontario for that matter, it must contain a minimum of $200,000 in third party liability coverage, uninsured automobile coverage, accident benefits coverage, and direct compensation - property damage coverage. If you lease or finance your car, your lender may also require you to purchase additional coverage like comprehensive or collision coverage.

Is property insurance a legal requirement in Owen Sound?

No, home insurance is not mandated by the provincial government of Ontario and is therefore not a legal requirement in Owen Sound. That said, you may still need to purchase some form of home insurance coverage. Beyond the fact that purchasing home insurance is the smart decision due to the protection it offers, your mortgage lender or landlord may require you to do so. If you aren’t sure whether you are obligated to purchase insurance, read through the terms of your mortgage loan agreement or lease agreement carefully.

It should state what type of coverage you are required to buy, if any. If you discover that you are contractually obligated to purchase home insurance, make sure that you do so as soon as possible. Otherwise, you could be in breach of your contract, which could lead to your loan or lease being cancelled. In a worst-case scenario, the mortgage lender or landlord could even take legal action against you. Typically mortgage lenders require Owen Sound homeowners to purchase standard homeowner’s insurance while landlords require Owen Sound renters to purchase tenant insurance.

What insurance discounts can I take advantage of in Owen Sound?

To qualify for any insurance discount, such as an alarm system discount, you must meet the conditions laid out by the insurance company. Thus, not everyone will qualify for every discount. However, the first step in qualifying for a discount and saving money on insurance is being aware of what discounts might be available to you. The best way to discover this is to contact an insurance company or insurance broker near you. They can inform you about all the different ways that you can save on insurance. For example, many insurers offer discounts to customers who attended a certain post-secondary institution or work for a certain employer or in a certain industry.

Meanwhile, there are all kinds of discounts offered for specific types of insurance, like the winter tire car insurance discount or the sewer backup detection device home insurance discount. To find out if you qualify for a certain discount and to learn more about the conditions that must be met for each type of discount, contact an insurance agent or insurance broker in your area.

How does liability coverage work?

Liability coverage is a type of insurance coverage that you will find in a lot of insurance policies, whether they be car insurance policies, home insurance policies, or business insurance policies. Why is it found in so many different types of insurance? Due to how important it is. It is one of the only types of insurance coverage that protects policyholders against the reality of a lawsuit.

Given how expensive lawsuits can be, having liability coverage as part of your insurance policy is important. This type of coverage can help pay for legal fees, such as settlement and defence fees, as well as other costs associated with the incident, like medical expenses or repair bills. The types of liability coverage found in insurance products vary. Third party liability coverage is commonly featured in car insurance plans, personal liability coverage is found in home insurance plans, and everything from commercial general liability coverage to cyber liability insurance can be found in commercial insurance plans.

What types of insurance coverage can an Owen Sound insurance broker help me with?

Insurance brokers are licenced professionals with experience helping customers find a wide range of insurance solutions. Thus, a local insurance broker in Owen Sound should be able to help you find all kinds of insurance, such as auto insurance, property insurance, commercial insurance, boat insurance, pet insurance, ATV and snowmobile insurance, farm insurance, motorcycle insurance in Owen Sound, tenant insurance in Owen Sound, and more. Reach out to an insurance broker’s office near you for a complete list of their insurance specialties.

Do insurance brokers in Owen Sound provide free insurance quotes?

Yes. Thus, it shouldn’t be too difficult to obtain a free insurance quote in Owen Sound. Many insurers are happy to provide free estimates to prospective customers, with no obligation whatsoever. If you are interested in requesting a free insurance quote, whether it’s a free car insurance quote, business insurance quote, home insurance quote, or pet insurance quote, get in touch with an insurance broker near you.

What is all perils insurance?

All perils insurance is a type of comprehensive insurance coverage that can protect you against a broad range of risks. It is also referred to as an all risk policy and it can be added to home insurance plans, car insurance plans, and business insurance plans in Owen Sound. The perils or risks that all perils insurance may protect against include but are not limited to fire, theft, vandalism, falling objects, wind, hail, freezing, water damage, weight of ice, snow, or sleet, and damage from electrical currents. While all perils insurance is known for providing greater coverage and peace of mind to policyholders, there are a few risks that it will not protect against and that includes nuclear disasters, large-scale natural disasters, such as tsunamis and earthquakes, acts of war and terrorism, and intentional or fraudulent losses.

How can I contact an insurance broker in Owen Sound?

You can contact a local insurance broker in Owen Sound by giving them a call, visiting them in person at a branch near you, or contacting them online via email or their website.

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