Tuesday, 29 July 2014

Car Insurance Policies and High-Risk Drivers: Hopeless?

Being labelled as a high-risk driver is not something that any of us want to experience. The negative effects associated with this label are far too costly and bothersome. The truth, however, is that being labelled as a high-risk driver does not automatically mean that you are hopeless. Sharp Insurance, a company offering Red Deer high-risk car insurance coverage and free insurance quotes, is no stranger to high-risk drivers. What prevents you from being among them?

Insurance policies for high-risk drivers are becoming more and more popular. This is not surprising considering how many people regularly get labelled as one. While high-risk drivers will pay higher monthly premiums, regardless of what company they purchase their insurance policy from, the good news is that those monthly premiums can be lowered. If you are interested, you might want to refer to one of our earlier articles detailing how high-risk drivers can go about lowering their monthly premiums.

As you will see, high-risk drivers are nowhere near hopeless. More and more insurance companies begin to understand the importance of giving drivers a second chance, and on top of that it has become easier than ever to save on premiums!

As long as you have access to knowledge, then it's never too late to change your habits. As we said a few times before, driving is not a game. If you are currently a high-risk driver, it does not mean that you will remain one for the rest of your life. Learn from your mistakes, keep bettering yourself, and always exercise caution while on the roads.

Insurance Terms 101: What is a Broker?

If you have not done so already, be sure to read the first blog post in our "Insurance Terms 101" series. Do you know what a deductible is?

In the insurance world, a term that is widely used by people is "insurance broker".

The truth is that not everyone is aware of what a broker is, let alone what the benefits of hiring one are. If you are among those people, here is what you need to know: A broker works for you, and not for insurance companies.

A broker's main job is to sell insurance policies, regardless of what company those policies belong to. His or her second job is to ensure that your insurance needs are well taken care of. In other words, a broker is there to advise you on what type of policies will benefit you in both the short term and long term.

Along the way, a broker is also there to answer any insurance question that you might have, offer advice regarding deductibles and premiums and help you find the most effective and cost-effective insurance policies available on the market. Because of this job's nature, brokers always have to be completely unbiased and focused on their client.

While some people do well without a broker, there is no reason why you should not hire one. The world of insurance is vast and confusing, and it always feels good to have someone who knows their way around it close at hand.

And you know what the good news is? If you are are not sure whether or not an insurance broker is for you or not, many of them enjoy giving out free consultations to prospective clients.

Sunday, 20 July 2014

How to Save Money on Your Car Insurance Premiums

Insurance premiums can be expensive. This is not surprising. But the good news is that they don't always have to be that expensive. With a bit of preparation, here's how you can save money on your car insurance premiums:

1. Look around and compare. An insurance broker might come in handy for that. The world abounds with companies offering affordable policies: You just have to go out there and find them. If you live in the Calgary area, a good place to start from is Sharp Insurance's Edmonton car insurance policy. Here's more details about it:

2. Consider purchasing your auto insurance from the same company that provides your home insurance policy. Combining those two has the potential to save you a lot of money down the road (no pun intended).

3. Raise your deductible. Well, some people do it, so why not do it as well? Keep in mind, however, that this tip should only be used as a last resort. Raising your deductible might allow you to save money each month, but if you end up in a car accident, then you have to make sure that you can afford to pay your deductible.

4. Lastly, keep your car safe. You'd be surprised at how much money you can save each month by adding a high-quality anti-theft device in your car!

As you can see, insurance premiums don't have to be that expensive. All it takes is a bit of preparation and research. And you know what the other good news is? You can save money on every single insurance policy under your name. So what are you waiting for?

Friday, 18 July 2014

How to Baby Proof Your House

Owning a house can be a lot of trouble. In between finding the perfect home insurance policy and preventing it from being the target of thieves, you have to ensure that it is safe for little ones. The good news is that there are many ways to make your house baby proof, or at least more infant friendly. Here are some small tips to help you along the way:

1. Arm yourself with safety latches. This is the best way to prevent your children from opening drawers and playing with potentially dangerous household products and substances.

2. Install safety gates at the top and bottom of stairs. We all know how babies and young children like to wander around the house. Without proper surveillance, this natural habit can prove to be disastrous. As such, always ensure that safety gates are properly installed.

3. Always cover electrical outlets. This is absolutely imperative. Did you know that electric outlets can seriously harm and even kill someone? Don't risk it.

4. Prevent furnitures from tipping. Many tools to prevent furnitures from tipping can be purchased online. Think anchors and L-brackets, among others.

5. Keep dangerous objects at bay. Whether it be a glass pot on a window sill or a forgotten pair of scissors lying on the living room table, the more you think like a child, the quicker and better you will be at noticing dangerous objects lying around your house.

6. Lastly, always keep emergency numbers at hand. In the event of an emergency, you'll be grateful for this tip.

Tuesday, 15 July 2014

What is Advertising Injury Coverage?

As you probably already know, there is no such thing as an insurance policy that covers everything. This rule of thumb also applies to Sharp INSURANCE's Red Deer commercial insurance.

Within the field of "commercial insurance", there exist numerous policies. One of these policies is known as advertising injury liability policy. As the name entails, this type of policy covers a business from lawsuits related to advertising injuries. According to the IRMI, an advertising injury can entail any of these offenses:
libel, slander, invasion of privacy, copyright infringement, and misappropriation of advertising ideas
It is not uncommon for a business to sue another business, claiming that the latter has somehow damaged their business through an act, a practice or even a simple comment. As an example, think of a false claim made about a competitor's product by a company in an advertisement. In many cases, there would be enough ground for a lawsuit if the company had enough evidence to prove the offense and the related damage.

However, we are all humans and we sometimes make less than optimal decisions. As such, this type of insurance policy provides you and your business with adequate defense and indemnification for damage (assuming that the claim relates to advertising, of course).

If you are thinking of expanding your advertising presence (be it online or in the offline world), you should think twice about doing it without this coverage. Sometimes, all it takes is a simple mistake for your efforts to go to waste. The business world can be a tricky place and it's better to be insured than go bankrupt.

Friday, 11 July 2014

How Much Motorcycle Coverage Do You Need?

If you have recently purchased a motorcycle but are unsure of how much motorcycle insurance coverage you should have, then this article might prove to be useful to you.

First and foremost, you have to understand that Red Deer motorcycle insurance is a general term, or umbrella term. Many people think that buying a motorcycle insurance policy will automatically cover them and their motorcycle. The truth is that there is no single policy that covers everything. While many insurance companies such as Sharp Insurance offer packages to their customers, you have to keep in mind that there are a number of motorcycle insurance policies available out there.

Which brings us to our original question: How much motorcycle coverage do you need?

The first step to answering this question entails familiarizing yourself with the numerous policies available. The second step involves checking the legal requirements for owning a motorcycle in Alberta. Once this is done, you can take a step backward and contemplate which policy or policies would benefit you the most.

We recommend that you do not hit the road without being covered under a liability insurance policy. The latter protects you from financial loss associated with a motorcycle accident. Generally speaking, it covers bodily injuries sustained by yourself and third parties as well as property damage.

You have to remember, however, that the type of policies that you need will vary a lot. Many factors can influence which ones you will end up buying, including the type of bike that you own and the number of times that you have been involved in a road accident.

Monday, 7 July 2014

Staying Safe on a Construction Site: Basic Tips

Construction safety should always be #1 on a construction worker's list of priorities. After all, nobody is immune to mistakes, and mistakes often prove to be deadly in the construction industry.

The best way to avoid such mistakes is by preparing yourself in advance. If you are a seasoned constructor worker, going over some basic tips is always a good idea. Likewise, if you are a new worker then it applies to you as well. While owning an adequate Calgary construction policy is also a good idea, keep in mind that an insurance policy does not cover everything, and as such should only be used for additional peace of mind.

1. Always wear the proper safety gears. While this might sound obvious to some, you'd be surprised at the number of people who actually skip this step. Wearing a helmet can often make the difference between life and death.

2. Look around you. Being aware of your surroundings is absolutely vital. Also remember that stepping on the construction field in a tired state can be extremely dangerous. Always ensure that you are focused and well rested before going to work.

3. Learn the basic safety tips associated with the tools you use. Whether those tips include wearing ear plugs or dealing with heavy machinery, learning how to stay safe around your tools is absolutely crucial. Keep an eye out for any of your co-workers who might not be as careful as you!

4. Lastly, know how to react in case of emergencies. Devising a safety plan is a very good idea. Remember that the faster you act, the less damage there is bound to be. Here is a wonderful article detailing some basic first aid advice.

Wednesday, 2 July 2014

Most Common Traffic Tickets in Canada

If you have been labelled as a high-risk driver by your insurance company, then it is quite likely that you have committed a few serious road violations in the past. While lowering your premiums as a high-risk driver can take up to two years (you might want to refer to this earlier article), educating yourself on road violations and how you can prevent them is of the utmost importance. For that to happen, you first have to know what the most common traffic tickets in Canada are.

So without further ado, here are the first four:

1. Speeding. This comes as no surprise: Drivers worldwide speed on a daily basis. While speeding is rarely seen as a major offence, it can develop into a more dangerous habit that has the potential to seriously harm people. Speeding is usually met with a fine. For your safety and for the safety of other drivers, you can learn how to avoid (and stop) speeding here.

2. Skipping stop signs. Yes, skipping the stop sign when the intersection is empty might sound enticing (especially when you are late), but the truth is that skipping stop signs can prove to be extremely disastrous... especially when it involves pedestrians. Play by the rule and don't skip stop signs.

3. Not wearing a seatbelt. People have been told for years to always wear their seatbelts while driving, but for some reason some of them still ignore this. While this violation does not always affect insurance premiums, it always leads to fines.

4. Running red lights. Lastly, this traffic violation is one that you really don't want to meddle with. Not only can it be dangerous to both other drivers and pedestrians -- the recent installation of red light cameras have also made this offence one of the most ticketed offences in the country.

Are you looking for affordable and reliable Red Deer high risk insurance coverage? Sharp Insurance might be able to help you. Obtain your free quote today!

Tuesday, 1 July 2014

How to Make a Claim on Home Insurance

Owning a house comes with several challenges. In between ensuring that everything runs as it should, learning how to avoid certain situations is very important as well. Unfortunately, sometimes it's impossible to completely prevent a situation from arising. Whether a lightning bolt decides to strike your home or the latter becomes a victim of vandalism, there are things that simply can't be helped.

The good news is that with a Lethbridge home insurance policy, you can rest assured that the damage caused by an insured peril can and will be covered by your insurance company. In other words, once you have paid your deductible, your insurance company will be in charge of completely covering the costs associated with the peril.

So without further ado, here is how to make a claim on home insurance:

1. Ensure that the peril is covered under the policy that you purchased. You can do that by reading your policy carefully. 

2.  Document, document and document more. To avoid complications, make sure that you have enough proof to back you up. Use pictures as well as your existing inventory list if the latter applies. 

3. Contact your insurance company. Whether you decide to call them or file out a claim form on their website, make sure that the step above still applies. The more detailed and complete your claim is, the faster to be resolved it will be.

4. Wait, but make sure to check back on your claim. Expect some time to pass before you receive any answer. If the peril has made your house unfit to live in, try to speak to your representative as soon as possible and remember to save any receipts and invoices