Approaches to Save on Your Insurance
Spend too much this holiday season? Here are five simple ways to save on your insurance – and how an insurance broker in Edmonton can help you do it.
Bundle and use a local broker
- Bundle your home and auto policies with the same company to unlock multi-policy discounts and keep just one monthly payment to manage.
- Working with an independent insurance broker Edmonton residents trust means you can compare multiple companies at once and often find better rates on both personal and commercial insurance.
Maintain your home, car, and business
- Regular maintenance on your vehicle and property reduces the chance of small claims, which helps keep your premiums lower over time.
- Commercial insurance Edmonton business owners buy can also be optimized by reducing avoidable risks at your premises, which may improve your risk profile with insurers.
Take advantage of usage-based programs
- Ask about “pay as you drive” or Usage Based Insurance programs that track driving habits via an app and reward safe drivers with immediate and renewal discounts.
- An experienced commercial insurance broker Edmonton companies work with can also explore similar telematics options for fleets and commercial vehicles to cut costs without cutting coverage.
Adjust your deductible wisely
- Increasing your deductible (the amount you pay out of pocket on a claim) can lower your premium, but only choose a deductible you could comfortably afford in an emergency.
- For commercial insurance Edmonton businesses should balance higher deductibles with their cash flow so a single claim does not strain operations.
Get the right savings advice
- A qualified insurance broker Edmonton clients rely on will review your coverage, driving record, credit consent, and optional extras to find areas where you can safely reduce costs.
- A-Kan Insurance is a commercial and personal insurance broker in Edmonton that works with many Canadian insurers, helping you tailor both personal and commercial insurance to your needs and budget.