For an Ontario insurance broker you can trust, look no further than BrokerLink. We have been in business since 1991, which means for over the last 30 years, we have helped thousands of Canadians find the right insurance for their needs and budget. Keep reading to learn more about the auto, business, and home insurance solutions BrokerLink offers.
Find qualified Ontario insurance brokers
Finding the right insurance coverage is no easy feat. Whether you’re shopping for business insurance, home insurance, or car insurance, there are so many options out there, and making sense of them all can be difficult. That is where BrokerLink comes in. We are a team of licenced and experienced insurance brokers that is eager to match our customers with great insurance.
BrokerLink can help you save time and money by finding competitive home, auto, and business insurance policies on your behalf. This way, you get the best coverage at the lowest price. Whether you want to insure your new condo or protect the vehicle you drive, our team of certified insurance advisors is here to help you find the insurance that best suits your lifestyle and budget.
Get in touch and one of our friendly and knowledgeable advisors will work with you to create a customized insurance policy. We are also happy to provide complimentary quotes, so you can have a better idea of how much your insurance policy will cost. Contact your local Ontario BrokerLink branch today to get started.
BrokerLink insurance specialties
BrokerLink specializes in a wide variety of insurance, which means we can help Ontario residents find insurance policies related to the following:
Home insurance provides peace of mind to Ontario renters and homeowners. It may also be mandatory, depending on the terms of your mortgage or rental agreement. That said, even if it’s not required, home insurance has many perks. Namely, it can protect your property and its contents from property damage, third party claims, and more. Depending on your policy, it may cover perils such as fire, water damage, hurricanes, tornados, power outages, and more. Ultimately, it’s up to each Ontario homeowner to decide which coverage they want to include with their policy. But you can rest assured that BrokerLink will take the time to listen to your needs and find a policy that suits your house and budget.
Get a home insurance quote
Safeguard your Ontario business from financial risk with business insurance. BrokerLink can help businesses of all sizes and industries find adequate coverage. We are commercial insurance experts, which means we will have no trouble finding you a policy that features comprehensive coverage and a low rate. Whether you’re looking for commercial general liability coverage, commercial property coverage, professional liability coverage, cyber liability coverage, or another coverage type entirely, we are here. Contact BrokerLink today for more information.
Get a commercial auto or property quote
Lastly, if you drive a car in Ontario, then you need auto insurance. However, not all auto insurance policies are the same, and BrokerLink can help you determine which coverage is right for you. We can obtain quotes on your behalf, walk you through your coverage options, and explain your policy in detail. Your dedicated BrokerLink insurance broker will ensure you find a policy that meets your personal needs while complying with provincial law.
Get an auto insurance quote
Other insurance coverages
BrokerLink also specializes in the following insurance coverages:
- 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
Is insurance mandatory in Ontario?
Some types of insurance are mandatory in Ontario. For example, auto insurance is mandatory throughout the province. Therefore, driving without valid car insurance anywhere in Ontario is illegal. If you are caught driving without insurance, you 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), not to mention a licence suspension. To avoid these serious consequences, we suggest purchasing car insurance coverage through a trusted brokerage like BrokerLink. One of our brokers will be happy to help you find a policy that complies with Ontario law (please note that Ontario auto insurance policies must meet the minimum coverage requirements set by the province, which includes $200,000 in third party liability coverage, in addition to accident benefits coverage, uninsured automobile coverage, and direct compensation - property damage coverage.)
Though auto insurance is the only type of insurance that is government-mandated, you may be required to purchase other types of insurance, depending on your circumstances. For example, mortgage lenders can make home insurance a condition of your loan. Similarly, landlords in Ontario can make tenant insurance a condition of the lease agreement.
Tips to save money on Ontario insurance
Want to save money on Ontario insurance? BrokerLink can help you do just that. As insurance experts, we know the ins and outs of the insurance industry and can help you save money at every turn. Between comparing quotes and unlocking discounts, we will make sure you never overpay for insurance again. Plus, our insurance advisors are happy to provide tips on how to save money on insurance. In fact, we have compiled a few money-saving tips below to help you get started:
Raise your policy deductible
One way to save money on Ontario insurance is to increase your policy deductible. All insurance policies have deductibles and generally speaking, the higher they are, the lower the insurance premium. So if you are looking for a quick and simple way of saving money on insurance, raising your deductible could be a great solution. That said, increasing your deductible can have serious consequences, which is why you should never raise it to an amount you cannot reasonably afford. Contact BrokerLink to learn more about how policy deductibles work and the pros and cons of increasing yours.
Choose annual over monthly payments
Choosing annual over monthly payments is another way to save money on Ontario insurance. Most insurance companies give policyholders the option of paying for their policy monthly or annually. While the former might seem like the best option, the latter can actually save you money. This is because insurers often charge administrative fees for every payment made, so the fewer payments you make, the less money you will have to pay. For this reason, if it is feasible, we recommend paying for your insurance policy in one annual installment.
Bundle multiple insurance policies together
Bundling more than one insurance policy together is another BrokerLink money-saving tip. Many insurance companies will reward customers who purchase multiple policies from them at once - whether you wish to purchase two of the same policy (e.g. two car insurance policies) or different insurance policies altogether (e.g. home insurance + auto insurance). Ultimately, if you have two cars in your household or are in the market for more than one type of insurance, consider buying them from the same provider and you could save up to 15% per policy.
Install winter tires on your car
This money-saving tip is for car insurance specifically. Did you know that installing snow tires on your vehicle can save you money on auto insurance? If you equip your vehicle with winter tires and keep them on your car for the dates specified by your insurance provider, you may be eligible for a discount of up to 5% on your car insurance policy. Discounts and conditions vary so be sure to speak with a broker before purchasing a new set of winter tires.
Buy a hybrid or electric vehicle
Another way to save money on Ontario car insurance is to purchase a hybrid or electric vehicle (EV). Auto insurance companies across the province have begun offering discounts to drivers of hybrid or electric vehicles as a way of incentivizing residents to go green. If you are thinking about buying a new car, consider an EV as doing so could save you up to 10% on auto insurance.
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 Ontario 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.