Monday, 29 December 2014

Do You Need Commercial Insurance Coverage?

So you own a business. Good for you! Unfortunately, as you will soon find out, owning a business is the easiest part -- running it is another completely different story. And as you will also soon find out, running your business comes with many burdens and responsibilities -- among them the responsibility of insuring your business properly.

If you are new to the world of commercial insurance coverage, it is completely normal for you to be confused at first. But here's what you need to know: There doesn't exist just one type of commercial insurance policy. There are many, many different ones out there, and which one(s) you will end up needing depends a lot on what type of company you own, among other things. Plenty of factors come into play when you find yourself thinking about insuring your business.

As an example, do you own a business property or do you work from home? Do you own business vehicles? How many employees work for you, if any?

You see, there is absolutely no doubt when it comes to whether or not you need commercial insurance coverage. The answer will always be a resounding 'yes' because operating a business without proper coverage can be fatal. But the question does not stipulate which policy you need -- and as a result, you are left to fend off for yourself.

This is why we always recommend that you discuss with your insurance broker which insurance policy or policies would benefit you or your business the most. You will also find that plenty of insurance companies out there such as Sharp Insurance offer free commercial insurance quotes to people like you to help you along the way. Use them wisely!

Saturday, 27 December 2014

How Long Are You Regarded As a High Risk Driver in Edmonton?

So you have been labelled as a high risk driver in Edmonton. While this might be a label that nobody wants to associate with, the truth is that your situation is not as bad as you probably think it is.

Think about it: You have been labelled as a high risk driver for a reason. Most likely you have have been dealt a few traffic violation tickets in the recent months. You might even have been in an accident or two. Being labelled as a high risk driver might be troublesome, but it offers, in a way, a new start to people like you.

It is the best way to open your eyes to your dangerous driving habits. Do you run red lights? Do you tailgate people? Do you sometimes drive faster than the speed limit when you are late to work? All of these are habits that can not only prove to be dangerous to you -- they can also prove to be fatal to you and other drivers.

The good news is that you won't be labelled as a high risk driver forever. If you manage to hold a clean driving record for two years then insurance companies will not be able to label you as a high risk driver any more. During those years, we recommend that you brush up your driving skills and learn how to save money on your monthly insurance premiums until you are once again regarded as a "normal" driver. You will find that plenty of companies in the Edmonton area offer free new driver insurance policy quotes. (Sharp Insurance is a good example of such a company.)

Happy (and safe) driving!

Tuesday, 23 December 2014

Do YOU Need Home Insurance Coverage?

Purchasing a home is already expensive as it is, so why should you bother with something like home insurance coverage?

This, unfortunately, is a common reasoning among home owners in Lethbridge and Alberta. For many people, insurance policies are simply "too expensive" or "useless". This could not be farther from the truth.

Certainly, home insurance policies can be expensive. But they don't have to be. If you have been following us for a while, then you might be aware that we are big advocates of saving money on insurance coverage. How you can do this depends on several things, among them whether you are ready to improve the security of your home and whether raising your deductible is something that you would seriously consider.

With that being said, let's go back to the original question. Do YOU need home insurance coverage in Lethbridge? Well, according to the law, you don't, but according to common sense, you do. Home insurance coverage constantly save families from going bankrupt.

You might think that your home catching fire or someone vandalising it will never happen to you, and while you are most likely (hopefully) right, the truth is that it's not worth risking your home and your sanity only to save money. Purchasing a home insurance policy such as the one offered by Sharp Insurance is the easiest way to prevent financial loss in the event of a disaster striking your home.

Because as the saying goes, it's better to be safe than sorry. (Sorry about the cliché.)

Saturday, 20 December 2014

Do You Need Motorcycle Insurance Coverage in Fort McMurray?

Before purchasing a motorcycle, it is important to familiarize yourself with insurance policies and which ones are mandatory in Alberta.

If you are thinking of a buying a motorcycle in Fort McMurray, then you are required to purchase motorcycle insurance coverage by law. But as with every type of insurance coverage, you will find that the term "motorcycle insurance policy" is as vague as "commercial insurance policy". In other words, there doesn't exist just one type of policy -- there are many out there, and it is your responsibility to learn about them before purchasing a bike.

Fortunately, many companies such as Sharp Insurance offer people basic coverage plans. The latter usually cover the three main areas of motorcycle insurance -- namely liability, property and medical coverage. If you do not have access to an insurance broker, we recommend requesting free insurance quotes online such as the one offered by Sharp Insurance to get an idea of what to expect from certain insurance companies.

With that being said, you will also find that many other motorcycle insurance policies are available out there -- think collision insurance policies among others. While you won't get in trouble if you don't own such policies, if you are serious about biking then it might be best for you to purchase additional coverage. However, keep in mind that accidents can happen to even the most seasoned biker out there -- so choose carefully before hitting the road!

For more information, visit Sharp Insurance's website and request your free motorcycle insurance quote.

Tuesday, 16 December 2014

How to Save Money on New Driver Insurance in Calgary

Being a new driver comes with its ups and downs. While we can't argue that being a new driver is exciting, it can also be quite stressful -- especially when it comes to insurance policies. If you are a new driver, you might be wondering how you can go about lowering your monthly premiums. Since you have less experience than "regular" drivers, insurance companies will see you as more of a liability than those drivers. As a result, you will be expected to pay more each month.

The good news, however, is that lowering your monthly premiums is not as difficult as it sounds. If you have been following us for a while then you know that we are big advocates of lowering your insurance premiums. We have taught people how to lower their home insurance premiums, their construction insurance premiums and even their commercial insurance premiums. Today we will be teaching you how to lower your new driver insurance premium so that you can save money each month.

The first thing that you need to remember is that insurance companies often (not always) reward experience. As such, it is possible to receive discounts on your premiums by passing an approved driver education program. If you live in Calgary, a simple Google search will give you an idea of what kind of programs are available in your area. We then recommend discussing with your insurance company whether or not they approve the program of your choice.

The second thing that you have to remember (and this applies to every insurance policy) is that raising your deductible lowers your monthly premiums. Keep in mind, however, that in the event of you making a claim, you will have to pay your deductible -- so be sure to put some money aside!

Saturday, 13 December 2014

Does Your Lethbridge Business Need Vehicle Coverage?

When you are a business owner, you really can't afford not to be properly covered under the right insurance policies. A simple mistake could often prove to be fatal to your Lethbridge business -- and trust us, that's not something you want happening.

Regardless of whether you own a commercial car or a whole fleet of them, insuring your commercial vehicles under a Lethbridge commercial auto insurance policy should be one of your main priorities. Unfortunately, this type of policy often tends to be neglected by business owners -- something which, if you ask us, makes absolutely no sense. Would you insure your regular car? Probably. (Or well, hopefully.) So why wouldn't you insure your commercial car, especially when the latter is so tightly-linked to your business?

To make the idea of being covered under this policy even more enticing (well it depends on which way you look at it), there is the whole issue of liability coming into the picture. What happens if one of your employees gets into a road accident while driving one of your cars? Most likely your company will be held liable. Do you see why not being covered under this policy is simply too much trouble now?

The good news is that plenty of insurance companies out there offer free insurance quotes to help you get an idea of what to expect from such a policy. We encourage you to request one or two or even three if you feel like it -- as long as you promise us to insure your car(s) as quickly as possible!

Tuesday, 9 December 2014

How Much Does Home Insurance Coverage Cost in Edmonton?

Home insurance coverage is doubtlessly one of the most important types of coverage out there. Owning a house that is properly insured has the potential to save a homeowner countless headaches down the road. Home insurance coverage, however, can also be one of the trickiest types of coverage to purchase, mostly because of the number of policies available out there.

As a future homeowner currently living or considering moving to Edmonton, it is completely normal for you to wonder about the nature of an insurance policy, especially when the latter relates to money. One question that we are often asked to answer when it comes to this type of policy is "How much does it cost to cover a house in Edmonton?"

The truth is that it varies. According to statistics, however, you can expect to pay between $840 and $920 annually to cover your house in Alberta. Of course though, those numbers are only statistics and as such do not apply to everyone. One of the best way to get an idea of how much you will be paying on your insurance policy is by requesting an Edmonton insurance policy quote. You will find that most insurance companies out there are more than happy to offer you a free one.

You will also find that lowering your insurance premiums is more than doable. If you are interested, we have covered this topic several times in the past -- a simple search will present you with a number of older blog posts. You can also find plenty of tips on the Internet if you do not find enough information on this blog. :-)

Saturday, 6 December 2014

High-Risk Driving Habits That Can Make You a High-Risk Driver

Being labelled as a high-risk driver is not something that any of us wants to experience. Yet it happens to people like you all the time. What prevents you from being among them?

Quite simply, good driving habits.

High-risk drivers are drivers that, according to insurance companies and their driving records, are more prone to getting into accidents than other, "regular" drivers. Of course, an infraction or two won't automatically make you a high-risk driver. It's when those infractions begin to add up that insurance companies begin to label you as such.

Speeding is one of the most common high-risk driving habits that can land you in hot waters. Nothing is important enough for you to warrant speeding. Not only can it prove to be dangerous to you -- it can also be dangerous to others. So if you often find yourself speeding, it is advisable to break this habit not before you get caught but before something serious happens.

Tailgating is another high-risk driving habit that you should break as soon as possible. Though it might sound harmless it is far from being so. This habit can often leads to accidents. It doesn't matter if the driver in front of you is going slower than necessary -- tailgating him or her is one of the best ways to become a high-risk driver in the eyes of insurance companies.

Of course, plenty of other high-risk driving habits exist. Think: failure to yield, improper passing and ignoring traffic controls among others. If you are a seasoned driver who often finds himself or herself guilty of speeding or failing to yield, we recommend that you brush up your driving skills before it is too late.

Thursday, 4 December 2014

Do Construction Workers Need Liability Insurance Coverage?

If you are considering entering the construction field then there are a few things that you should take into consideration before. One of these things include construction insurance policies and whether or not you need to be covered under them.

If you are familiar with construction insurance coverage then you probably already know that there are many different types of policies available out there. Which one(s) you will end up end up needing usually depends on a few factors, among them what type of contractor you are and whether or not you are legally required to purchase certain policies.

One of the most common type of construction policy is known as the liability insurance policy. As the name entails the latter covers you financially should you be held liable in court for an error or omission that you may have committed while working. (Think accidents and property damage among other things.) As grime as it may sound, it does not take much for someone to sue you. A simple mistake can ruin your career if you are uninsured.

So to answer the question, no you don't legally have to be covered under this type of policy, but realistically you should be. As we like to say, prevention is always key. Being a construction worker comes with many responsibilities and one of these responsibilities is ensuring that you are properly covered so that you can keep doing what you know best -- your job.

Fortunately, plenty of free insurance quotes can be found online such as the one offered by Sharp Insurance.