Factors Affecting Insurance Premiums

In today’s high risk soinsurance quotesciety, insurance is essential to protect your family and assets from catastrophic loss. This risk is also affecting the global economy resulting in a universal increase in premiums. As a consumer, you can be overwhelmed with this pressure coming at you from both ends.

Fortunately, the professionals at Thomson Schindle Green (TSG) Insurance Company are on your side. Whether you need auto, business or home insurance in Alberta, TSG’s full-service, independently-operated insurance brokerage provides insurance policies from maximum to minimum coverage to meet your individual or business needs. One way TSG helps you with your needs is by providing information on how to save money on your insurance cost.

Home insurance covers you from risk of fire or water damage and for liability if someone is injured on your property. There are a number of factors that affect premiums including:

  • Understanding your insurance needs and wants to assess the level of coverage you need;
  • Doing a home inventory – keep receipts and note model and serial numbers, knowing your property’s value will save you from over insuring;
  • Bundling your home and auto insurance into a single policy;
  • Choosing a higher deductible, meaning you pay more out of pocket when making a claim;
  • Claims-free discount on home insurance policies can be significant;
  • Pay your insurance in one lump payment upfront to save extra administrative charges;
  • Adding security features like an alarm system to your home will help reduce your insurance costs;
  • Consider travel insurance if you are planning on taking a trip; and
  • Review your insurance policy yearly – things change. This is also a great time to ask about new discounts for which you may qualify.

At TSG Insurance, we’re dedicated to making sure your home insurance protects all hat you work so hard for. That’s why we offer several discounts to make your coverage more affordable including: multi-policy discounts; claims free; mortgage free; new home; age discount at 40 plus; burglar alarm and anti-theft device; group and specialty programs; and multi-vehicle and policy discounts.

Home Insurance in Alberta

You’ve put a lot of time, money, and love into your home. The insurance brokers at TSG Insurance are happy to discuss the rates for our selection of insurance products and financial planning to ensure is your most valuable assets are protected. Call TSG Insurance at 1-800-830-9423 today for more information in Bassano, Brooks, Calgary, Edmonton, and Medicine Hat to get started on your affordable, personalized insurance policy.

home insurance alberta