Sunday, 31 August 2014

How to Deal With Being a High-Risk Driver in Fort McMurray

You might think that being labelled as a high-risk driver is the worst possible thing that could happen to you as a driver -- but the truth is that it's not as bad as you make it out to be.

After all, you have been labelled as such for a reason: To make you aware of your dangerous driving habits that have the possibility to harm you and other drivers. You might think of this as a burden, but it is in a way the best thing that could have happened to you.

If you live in Fort McMurray, finding a Fort McMurray high-risk driver insurance policy that is both affordable and reliable is not as difficult as you might think. Further to that, you will find that lowering your monthly premiums is very doable.

Of course, you will always end up paying more as a high-risk driver. It comes with the label. But there are ways to reduce your monthly premiums. Though we don't actively recommend it, you can always consider raising your deductible. Or if you prefer, you can combine your homeowner insurance policy with your car insurance policy -- most company will gladly offer you a discount if you do so.

You see, the other good news is that being labelled as a high-risk driver is not permanent. If you manage to keep your driving record clean, you will once again become eligible for "normal" car insurance coverage within two years or so. Until then, you have lots of time to take a step back and look closely at your dangerous driving habits that are behind you being labelled as high-risk driver.

Driving is not a game. Please remember that before hitting the road today.

Tuesday, 26 August 2014

Why Young Home Owners Need a Medicine Hat Home Insurance Policy

As a young homeowner in Medicine Hat, it is sometimes easy to neglect the importance of home insurance coverage.

The truth is that this type of coverage is absolutely necessary to the well-being of your family. Not only does it have the potential to save you tons of trouble down the road -- it even has the potential to prevent you from going bankrupt. Now you might think that "going bankrupt" will never happen to you. While it is certainly unlikely to happen, as long as the possibility remains you should never overlook it.

You see, losing your home to a fire or experiencing your first break-in are all very real, possible scenarios. Just because you are a young homeowner does not mean that you are immune to disasters. It is your responsibility, therefore, to do everything in your power to prevent such disasters from striking your home and your family.

It is also your responsibility to make sure that your back is covered if you are unable to completely prevent such disasters.

For you and many others, this is when a home insurance policy comes into play. Since many types of home insurance policies can be found out there, we recommend that you discuss with your insurance broker which one(s) would benefit you the most. Until then, you might enjoy doing a bit of research on your own. If you are feeling like it, you might even like to request a free Medicine Hat home insurance quote such as the one Sharp Insurance offers.

Just keep in mind that the faster you are at insuring your new home, the sooner you'll be able to sleep at night.

Owning a Motorcycle in Edmonton: What Type of Insurance Coverage Do You Need?

So you want to buy a motorcycle?

Great -- motorcycles are quite amazing. People especially enjoy the freedom that they offer. But the truth is that motorcycles can be dangerous. As such, insuring your motorcycle should always figure high on your list of priorities. If you live in the Edmonton area, then purchasing an Edmonton motorcycle insurance policy before hitting the road is absolutely crucial. But do you know exactly what type of coverage would benefit you best? Let's first take a look at the different policies out there.

The first (and most common) motorcycle policy is known as liability insurance policy. In the event that you are deemed to be at-fault in an accident or collision, this type of policy covers any damage or injury that you may have caused to property or another person.

The second most common type of motorcycle insurance policy in Edmonton is known as a collision insurance policy. Quite simply, this policy covers collision-related damage that has been done to your motorcycle -- even if the collision was your fault.

Lastly, for additional peace of mind you might consider purchasing a comprehensive insurance policy. The latter covers your motorcycle from non-accident related perils, including vandalism and fires.

While we don't recommend using your motorcycle without being covered under those policies, we understand that not everyone can afford to purchase three policies for their motorcycle. In this case, the best thing to do to purchase a liability insurance policy and consult with your insurance broker to further discuss your motorcycle insurance needs.

Saturday, 23 August 2014

New Driver Car Insurance Coverage: Who Needs It?

Being a new driver in Edmonton can be tough.

In-between the pressure of learning how to drive properly, you sometimes have to deal with the pressure of finding a car insurance policy that is both reliable and affordable.

Fortunately, if you live in the Edmonton area, many companies offering Edmonton new driver car insurance quotes can be found online. If you have been labelled as a new driver, we recommend discussing with your insurance broker what type of coverage would benefit you the most.

With that being said, how does one exactly go about being labelled as a "new driver"? The truth is that you can't become one: You simply are one or not.

Teenagers often tend to be classified as new drivers. If you are the parent of a teenager learning how to drive, then it is your responsibility to declare your teen as a new driver to your insurance company.

In simple words, the term new driver refers to just that: A new driver, regardless of what age he or she is.

It is important to note that new drivers are not high risk drivers. The latter are drivers that have been labelled as such by insurance companies following several infractions and route accidents. While new drivers can often be high risk drivers, it is not always the case. If you have been labelled as a high risk driver, saving money on your insurance premiums is doable.

Likewise, new driver car insurance coverage doesn't have to be too expensive. In a future blog post we will be discussing the different ways that you can go about saving money on your monthly premiums as a new driver. Until then, stay safe on the roads!

Tuesday, 19 August 2014

How to Properly Insure Your Business

If there is one thing that every business owner should be aware of, it's how to properly insure their business. Here's why: We live in a very litigious world. Because of this, getting sued is a very real possibility. No scratch that -- it's a constant threat.

This is why Sharp Insurance and several other companies offer Grande Prairie commercial insurance policies. As we like to say, prevention is the key. No business is immune to lawsuits, regardless of whether they are founded or not. The unfortunate truth is that small business have even less tools and experience to deal with them.

So the question remains: If you own a small business, how do you go about preventing lawsuits? Of course you know that you need to insure your business, but do you know exactly what policy or policies would benefit you the most?

While we always recommend people to spend some time discussing this with their insurance broker, doing a bit of research has never hurt anyone. If you own a business, the first policy that you should look into is known as commercial general liability insurance. The IRMI defines this policy as:

A standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.
As an example, imagine a customer slipping and injuring themselves on your premise. In the event of the customer actually going as far as to file a lawsuit against you, not being covered under an insurance policy could well prove to be your business' downfall.

See where this is going? It is your responsibility, as a business owner, to do everything in your power to prevent such a scenario from happening. You did not build your business only for it to come crumbling down because of one simple mistake.

Of course, plenty of other commercial insurance policies are also available. If you rent or own your premises, you might be looking into purchasing a commercial property insurance policy. The latter covers your property from damage associated with various disasters. (Think fire and vandalism.)

Once again, your insurance broker knows what works best for you and your business.

Tuesday, 12 August 2014

Car Insurance Coverage: Is it Mandatory?

When it comes to owning a car, there are certain things to take into consideration. One of these things is whether buying a car insurance policy is worth it or not. Here's the thing: Accidents have happened, accidents happen and accidents will always happen. As long as those three facts remain unchanged, then yes, buying a car insurance coverage is mandatory.

Don't have one yet? Don't panic. Plenty of insurance companies offer affordable and reliable coverage. Check out Sharp Insurance's policy if you live in the Medicine Hat area:

And the good news is that there are hundreds of other companies out there offering free insurance quotes. Car insurance is a big market because people want to feel safe. Yes, it might be a bit expensive at first, but trust us -- it's worth it.

Hitting the road without adequate coverage can prove to be disastrous. Without this policy, then you have nobody to back you in the event of a car accident. And when you have nobody to back you up, you have to pay everything out of your own pocket, from your car repairs to (possibly) your lawyer.

Here at Sharp Insurance, we always say that prevention is key -- because it is. What is the point of waiting for a disaster to happen? By then it would be too late to turn back. So do yourself a favour: If you don't already have a car insurance policy, get one today. If you ever run into trouble on the road, you'll be thanking us a million times.

Friday, 8 August 2014

Home Insurance Coverage Tips

Are you the owner of a house and of a Calgary home insurance policy? Good, because this article might prove to be beneficial to you.

Here's why: Home insurance coverage can be expensive. By now, every home owner knows that. But what the majority of them don't know is that it does not always have to be this way. Don't believe us? Just take a look at how much money you can save by raising your deductible. (Be aware, however, that in the event of something happening to your house, you will have to pay the deductible. This is why we always recommend that people put some money aside before raising their deductible.)

And the good news is that raising your deductible is not the only thing that you can do to save money. As a home owner, you have several possibilities to choose from. One of the main culprits when it comes to expensive home insurance coverage is the lack of proper security. You would be surprised at how much money you can save by installing a security system and smoke alarms. In many ways, this type of policy resembles a car insurance policy: The latter can be reduced by installing a security system as well.

The third thing that you can do if you are interested in cutting down on your monthly premiums is to look for a way to combine your other insurance policies. Many companies offer discounts if you combine your home insurance policy with your car insurance policy.

Sounds too good? Well it really should not. Nothing prevents you from lowering your monthly premiums. All it takes is a bit of research! If other people can do it, then so can you.

Saturday, 2 August 2014

Are Motorcycles More Expensive to Insure?

Owning a motorcycle without owning an adequate insurance policy should be every motorcyclist's nightmare. Unfortunately, insurance policies can be expensive. But how expensive are they really? And how expensive are they compared to car insurance policies?

According to, here are the 10 most expensive motorcycles to insure.

Of course, though, not everyone is going to own one of these motorcycles. Many among us tend to gravitate towards less expensive, sometimes used motorcycles. The answer to that question, therefore, tends to vary a lot. Not only does it vary from motorcycle to motorcycle: It also varies from company to company. As an example, Sharp INSURANCE offers Fort McMurray motorcycle insurance policies that are incredibly affordable compared to most insurance policies offered on the market today.

Also keep in mind that many other factors come into play when calculating the monthly premiums of a motorcyclist such as yourself. From the set deductible to your history as a motorcyclist, insurance companies rarely leave details out of the equation. If you are a motorcyclist, we recommend that you instead focus on how you can make insurance policies cheaper rather than how much they cost in the short term.

Because yes, they are expensive. Once again, we can't say for sure whether they are more expensive than car insurance policies or not as they too vary greatly. But as we already said before, peace of mind is absolutely priceless. And as we also said before, it is not impossible to make motorcycle insurance policies cheaper. Interested in learning more about how you can do that? You might want to refer to this article.