Insurance Broker in Thorold

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Not all insurance brokers take a customer-first approach to insurance, but BrokerLink does. BrokerLink is one of the leading insurance brokerages in Thorold for a reason. We strive to find tailor-made insurance plans for each of our customers and pride ourselves on our superior customer service. Learn more about what BrokerLink Thorold can do for you below.

BrokerLink Thorold is customer driven

BrokerLink strives for excellence in everything we do, and that includes both our comprehensive insurance offerings and our customer service experience. We want our customers to feel like family, which is why we take the time to understand their needs and find coverage that suits them. When you work with an Ontario insurance broker at BrokerLink, you can relax knowing that they will take care of everything. From asking insightful questions to better understand your insurance needs to contacting insurance companies on your behalf, we facilitate a seamless insurance experience. Get in touch with BrokerLink Thorold now to learn more about how we put your customers first - always.

Insurance solutions for every Thorold customer

BrokerLink seeks to serve the entire community of Thorold, and this means having dynamic insurance solutions to suit a wide range of needs. That’s why we offer a broad variety of commercial insurance, property insurance, and automobile insurance options (among others). We are on a mission to find a customized insurance policy for each of our valued Thorold customers:

Commercial insurance

Finding quality coverage for your Thorold business is easier said than done - unless you have the help of a BrokerLink insurance advisor, that is. With our team of commercial insurance specialists by your side, you can sit back, relax, and let them find the ideal policy for your business. No matter how much revenue your business brings in, how many people it employs, or what industry it operates within, our experts will find the right insurance coverage for it. We will explore a wide range of options on your behalf, including basics like commercial general liability insurance, as well as more comprehensive coverage, such as commercial auto insurance, equipment breakdown coverage, crime insurance, cyber insurance, and more. At the end of the day, a BrokerLink broker will match you with a policy that offers adequate financial protection for your business.


Property insurance

Customers looking for Thorold home insurance will be pleased to find that BrokerLink offers several policies to suit all kinds of local residents. We have policies for rental property owners, cottage owners, owners of townhouses, condos, or single family homes, and even policies for tenants. When it comes down to it, we have the resources to help all Thorold residents find the protection they not only need but that their homes deserve. Speaking of protection, if you’re looking for home protection tips, our team can offer some effective methods of keeping your home safe while on vacation. Some of these tips may even help you save money on property insurance. Come tax time, we can also explain how home insurance tax deductibles work so that you can leverage your policy into tax savings. Ultimately, no matter what your property insurance needs are, BrokerLink Thorold is here.

Get a home insurance quote

Automobile insurance

Thorold car insurance is not just important, it is mandatory. This means that you need to buy a car insurance plan if you want to drive in Thorold. A broker can help you with this, whether you’re looking to purchase your first-ever policy or want to renew an existing one. No matter how many years of experience you have driving, seeking help from an insurance expert has so many benefits. For example, one of our Thorold auto insurance specialists can offer safe driving tips to those just starting out, answer your burning car insurance questions, like “how much is car insurance per month in Ontario?”, and even explain how local insurance laws work in your province. Of course, we can also help you find the right coverage for your driving habits and vehicle. Whether you’re looking for a standard car insurance plan in Ontario or something more extensive, contact BrokerLink today.

Get an auto insurance quote

Don’t miss out on BrokerLink Thorold’s other insurance services

Take advantage of BrokerLink Thorold’s full menu of insurance services by inquiring about any of the following types of coverage:

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

Need help finding insurance coverage not on this list? Get in touch and a BrokerLink Thorold representative will see what they can do to help!

Compulsory insurance in Thorold

Many Thorold residents do not have a clear understanding of the insurance requirements in Ontario. And this is nothing to be embarrassed about, especially given how complicated the world of insurance looks to those on the outside. That said, understanding when a certain type of insurance is required is important, especially if you want to avoid potentially breaking the law. So today, the team at BrokerLink Thorold is getting into the nitty gritty of property, auto, and business insurance requirements in Ontario. To learn more about compulsory insurance in Thorold, keep reading:

What are the property insurance requirements in Thorold?

Thorold home insurance requirements vary from person to person. This is because home insurance is not a government requirement. Instead, it may be required by a mortgage lender, bank, or landlord, depending on the circumstances. A common circumstance in which a Thorold homeowner will be required to purchase home insurance is if they take out a mortgage loan. Many lenders will make home insurance a condition of a mortgage loan for the reassurance it provides. Similarly, if you rent a home in Thorold, your landlord may ask that you purchase a tenant or renters insurance policy before moving in (check out our tenant insurance guide for more information). In this case, home insurance may also be required. However, if you buy a home with cash or have already paid off your mortgage, then odds are you are not subject to any property insurance requirements.

What are the auto insurance requirements in Thorold?

Auto insurance requirements are a different story in Thorold. The provincial government of Ontario has made car insurance a legal requirement everywhere in the province, so if you drive, you need a valid policy. This rule applies no matter what part of Ontario you live in or what kind of car you drive. Even if you don’t drive very often, you still need to have auto insurance coverage. And not just any coverage will do. Rather, your policy must meet the minimum coverage requirements dictated by the province. This translates to a minimum of $200,000 in third party liability coverage, alongside uninsured automobile coverage, accident benefits coverage, and direct compensation coverage. Although these types of coverage are compulsory, many Thorold drivers choose to go above and beyond this by purchasing additional coverage like comprehensive or collision coverage, as well as more than $200,000 in third party liability. To hit home the importance of Thorold car insurance, if you are caught driving without insurance, you could be fined up to $50,000 and have your licence temporarily suspended. That is why it’s best to always have an up-to-date car insurance plan.

What are the business insurance requirements in Thorold?

Business insurance requirements, like home insurance, are on a case-by-case basis. This means that commercial coverage is not government-mandated like auto insurance. However, that doesn’t mean it isn’t required in some situations. For example, people who work in certain professions may need to purchase a form of coverage known as professional liability insurance. Doctors and lawyers are common examples of professions that are required to have this type of coverage. Clients can also require businesses to have insurance if they want to work with them, that is. Commercial insurance is often seen as a fail-safe, serving to make your business look more reputable and professional. If you still have questions about Thorold commercial insurance, contact BrokerLink today.

Are you ready to save big on Thorold insurance?

Who doesn’t love saving money? We certainly do! But did you know that it’s possible to save big on insurance? A BrokerLink insurance advisor can let you in on some of the best tips for cutting costs on insurance. The best part is that many of these tips apply to any kind of insurance, so whether you’re buying a young driver car insurance plan or a home insurance plan for your vacation home, you can still save money. Make affordable insurance your reality by following the tips below:

Seek insurance advice from a licenced broker

Make saving money on insurance as easy as can be by having a broker do it for you. A licenced insurance broker like those at BrokerLink Thorold can research insurance discounts you might be eligible for and offer even more money-saving tips to help you avoid overpaying for insurance. So if you want an easy and effective way of getting cheap insurance, seek help from a broker ASAP.

Bundle insurance policies

Have you heard of bundling insurance policies? It can be a smart choice if you need more than one insurance policy and want to save on all of them. How does bundling insurance work? Basically, if you buy more than one insurance product from the same insurance company at the same time, you may have the option of “bundling” them together and receiving a discount of up to 15% on each of them. Please note that some conditions may apply and bundling is not available on all types of insurance (for example, pet insurance cannot be bundled). Give BrokerLink a call to learn more about bundling insurance in Thorold.

Update your insurance policy instead of automatically renewing

Many insurance companies offer automatic policy renewals, but we don’t recommend signing up for this unless you take care to review your policy before renewal time. It is easy to forget about your insurance policy when it automatically renews, and forgetting can lead to overpaying for insurance down the road. This is because, if you don’t review your policy regularly, you may continue paying for coverage that you no longer need. The classic example is with car insurance. When you first bought car insurance, your car may have been brand new so extra coverage like comprehensive coverage may have made sense. But a few years later, your car likely isn’t worth what it used to be, which means comprehensive coverage may no longer have the same advantages. If you assess your policy before renewing car insurance, you can update it so that it’s always in line with your changing coverage needs. For help renewing your policy each year, contact BrokerLink.

Qualify for a mortgage-free home insurance discount

Insurance discounts are great if your goal is to save money, and one such discount is the mortgage-free discount. This type of discount pertains to home insurance specifically and is offered by many insurance providers. As the name suggests, to be eligible for this discount, you must be mortgage-free. This could mean buying a house without a mortgage or paying off a mortgage loan. Either way, being mortgage-free has many advantages, one of which is a reduced home insurance premium.

Drive an environmentally friendly car

One way to cut costs on car insurance is by driving a hybrid or electric car. As a way of incentivizing Ontario residents to reduce their carbon footprints, many Ontario insurance companies have begun offering discounts to drivers of hybrid and electric vehicles. Discounts vary between insurance providers, but Thorold customers may save 5% or more on their auto insurance plans.

Raise the deductible on your Thorold insurance policy

When you purchase any type of Thorold insurance policy, you will need to select a deductible. It is your choice as to whether you want a high deductible or a low deductible. However, low deductibles are usually more expensive, because if you ever need to file a claim, your insurer will likely need to pay more money than if your policy had a higher deductible. As such, insurers are often willing to offer cheaper insurance rates to customers who select higher deductibles. Thus, if you want to save money on Thorold insurance, we recommend increasing your policy deductible. Contact BrokerLink to find out how much raising your deductible could lower your rates.

Pay for your insurance plan in one go

Our final tip to get a great rate on your Thorold insurance policy is to pay for your plan in one go (i.e. in one installment). Paying for your plan annually is one of the easiest ways to save money on insurance. Since insurance companies often charge transaction fees for each payment, the fewer transactions you make, the better. Therefore, you can save money just by paying for your policy on an annual basis instead of a monthly one.

We’re in your community

BrokerLink is an insurance brokerage that puts the needs of the Thorold community first. Contact us today to learn more about how we value community and always strive to act with integrity, generosity, and respect.

Contact us

At Thorold 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.