Wednesday, 30 December 2015

Does Your Edmonton Business Need Commercial Property Coverage?

To safeguard the future of your company, you should never underestimate the importance of commercial property insurance coverage. Regardless of whether you rent or own your building in Edmonton, work from home or even lease your premises, this type of insurance policy has the potential to save you thousands of dollars on repairs.

A commercial insurance policy covers your company’s building, furniture, equipment and other valuable property such as documents owned by your business. This coverage generally extends to cover losses caused by fire, vandalism and numerous natural disasters. Most insurance companies such as Sharp Insurance allow you to tailor the policy to suit your needs. How much you will pay will depend on a few factors, among them the type of business that you are operating, how many employees work under you and what type of building your company owns or rents.

Why Does Your Business Need Such Coverage?

Imagine waking up one morning to find out that your office suffered a break-in during the night. With a sinking heart you realize that your computer and other expensive possessions are not the only things missing: All of your documents are also gone.

At this point, most people have two options. They can either choose to panic and contemplate bankruptcy, or they can choose to stay calm and call their insurance company to file out a claim. While policyholders will always turn to the second option, others, more unfortunate ones will have no choice at all. For those people who did not have commercial property coverage, this break-in could prove to be fatal to their business.

The future of your company still remains in your hands. So let us ask you one question: Why risk it?

Saturday, 26 December 2015

Will My Jewelry Be Covered By My Calgary Home Insurance Policy?

One of the most common questions related to Calgary home insurance coverage is this one:

Will my jewelry be covered by my home insurance policy?

Let's be honest: Most people (even insured ones) would be unable to answer this question with certainty. This is because most people don't even know what their insurance policy covers and what it doesn't. Surprised? Well if you are, it can only mean one thing -- that it's not too late for you. Too often, people who are not aware of what their policy does not cover find themselves in deep trouble when they realize that a peril that they thought was insured turns out to be... not insured.

Of course, stolen or damaged jewelry is not exactly a tornado... but you get the idea. Now to go back to the original question. Will your jewelry be covered by your home insurance policy in Calgary? Unfortunately, there is no "one-size-fits-all" answer to that question because much like insurance policies vary, so do insurance companies.

Generally speaking though (and notice the "generally speaking" part of this sentence) you can expect your Calgary home insurance policy to cover stolen or damaged jewelry. But here's the thing: Don't expect it to cover everything, and certainly expect that coverage to run out sooner than later.

We we recommend that you do is simple. First make a detailed inventory of the items that you would like to be covered under your home insurance policy (jewelry or not) and then contact your insurance policy to learn whether or not those items are in fact covered under your policy. If they are not, consider purchasing additional coverage to fit your needs.

Good luck!

Wednesday, 23 December 2015

Where to Request a Free Lethbridge Car Insurance Quote

Are you a new driver or soon-to-be new driver in Lethbridge? Then chances are that you already are aware that hitting the road in Alberta without being covered under a car insurance policy is illegal. While this might sound a bit troublesome at first (and we don't blame you for thinking that way), the truth is that car insurance coverage can and will get you out of trouble if you ever need it to. 

Road accidents happen on a daily basis in Canada, and they happen in the blink of an eye. As a new driver, your responsibility is to keep the roads as safe as possible, and it starts with you being covered under a Lethbridge car insurance policy.

You will soon come to realize that many insurance companies are more than willing to offer you their services. As a new driver, how do you sift between the trustworthy companies and the... not-so-trustworthy ones?

It's simple, really: You request free insurance quotes. Yep, you read that right. And you request as many as possible! (Okay, maybe not all of them... but you get the idea.)

Here at Sharp Insurance we offer free Lethbridge car insurance quotes to people like you. Requesting yours today will give you the opportunity to learn more about the policy that we offer, among other things. It will also give you the opportunity to compare the (hypothetical) cost of purchasing your coverage from us with purchasing it from another company in Alberta. (Just remember that high costs do not always correlate with quality, and vice versa.)

For more information we encourage you to browse through our main website before requesting your free quote from us today.

Saturday, 19 December 2015

Are Teenagers The Only New Drivers in Alberta?

Being a new driver in Alberta can be rough. In between learning the rules of the road and learning how to actually drive, you also have to take care of these pesky insurance policies. As you already know by now, being covered under a car insurance policy is mandatory for all drivers in Alberta. In other words, it is illegal to operate a car without being insured by one form of car insurance coverage or another.

Discouraged yet? You shouldn't be. Here at Sharp Insurance we are quite used to insuring drivers, new and experienced drivers alike. Our insurance policies can be tailored to meet the needs of everyone... yours included.

One of our most popular insurance policies take the form of a new driver insurance policy. As the name entails, this policy covers new drivers in Alberta from property and bodily damage that they might have incurred as a result of an accident. But what is exactly a "new driver"? And when do you stop being one in Alberta?

When people hear the term "new driver" being used, chances are that they picture a teenager behind the wheel. While this is not wrong in any way, the truth is that teenagers are not the only new drivers in Alberta. Sure, they make up most of them... but you can be any age and still be considered a new driver.

And yes, you can be any age and still apply to be covered under Sharp Insurance's new driver insurance policy.

Still unsure of what classifies as a new driver in Alberta? Give us a call or drop us a line -- we'll be sure to contact you as soon as possible!

Tuesday, 15 December 2015

Calgary Business Vehicle Coverage: Yes Or No?

What differentiates a regular vehicle insurance policy from a business vehicle insurance policy?

The "business" part, of course!

Put two and two together and you have exactly that -- a policy that protects your business vehicle(s) in the event of an accident. Whether you only own one vehicle or a whole fleet of them, we can't stress enough the importance of being covered under a Calgary business vehicle coverage.

Unfortunately, this type of policy often tends to be neglected by small business owners in Alberta, often resulting in lawsuits that could have easily been avoided, or at least mitigated. Don't make the mistake of believing it "only happens" to others. You don't have control over your employees, let alone other drivers. A mistake can happen in the blink of an eye, but you have total control over how costly this mistake ends up being.

Let's give you a quick example: 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 -- it's as simple as that.

If you are interested in purchasing a Calgary business vehicle policy, you will soon come to realize that many insurance companies in Alberta such as Sharp Insurance would be more than willing to provide you with one. To decide which one would benefit you the most, we encourage you to request as many insurance quotes as possible.

Good luck!

Saturday, 12 December 2015

Fort McMurray Home Insurance Coverage: What About Your Deductible?

When it comes to insurance coverage, there is one question that never fails to plague insured or soon-to-be-insured people: What about my deductible?

If you don't know what a deductible is, here is a crash lesson on it. Basically, your deductible is the amount of money that you have agreed previously to pay your insurance company before filing a claim. In other words, you are only allowed to file a claim after you have paid your deductible.

Here's a fact that some people seem to ignore: Your deductible is not set in stone. While it is true that you have to agree on your deductible before filing a claim, most people seem to think that once they choose a deductible, they have to roll with it forever. This couldn't be farther from the truth.

Raising your deductible can and will save you money in the short term. As you may already be aware of, your deductible is directly linked to your monthly insurance premiums (or how much money you pay each month to be covered). The higher your deductible is, the lower your insurance premiums are, and vice versa.

In Fort McMurray there is not a set deductible when it comes to insurance coverage. Not only do deductibles vary from company to company, they also vary from policy to policy. The more expensive your home is (and the more expensive the items in your home are), the higher your premiums will be... and the higher your deductible will be.

So what's a good deductible for YOU? Unfortunately, at this point we can't tell you that either. What we recommend is that you speak with your insurance company or call on the help of an insurance broker to discuss your options.

Just a friendly reminder before ending this article that whatever you decide to do, always be sure to have enough money to pay for your deductible should anything arise in the future.

Good luck! 

Wednesday, 9 December 2015

Winter Driving Tips in Calgary

Calgary winters can be rough on the morale, and rough on drivers as well. Unfortunately, winter is also the seasons where most road accidents happen. As a result, knowing (and enforcing) good driving habits in the winter months become more important than ever.

To refresh your memory, Sharp Insurance has compiled a short list of winter driving tips in Calgary for you to go over:

  1. Always keep your gas tank half-full. This is to avoid gas line freeze-up.
  2. Make sure that your tires are inflated. And you know those pesky winter tires? Use them. Also consider purchasing chains if you must.
  3. Don't warm up your vehicles in an enclosed space. In the morning, take it out of your garage. This could well end up saving your life.
  4. Be mindful of slippery surfaces. Remember that they can be treacherous... and very dangerous. Keep your eyes on the road and never, ever cruise control on slippery surfaces.
  5. Remember good driving habits at all times. If need be, brush up on your driving skills. (We're looking at you, new drivers.) Winter driving takes a lot of skills, patience and concentration. Make sure that you are always properly rested and fed before hitting the road in Calgary this winter.
  6. Lastly, avoid driving in really bad conditions. Of course we know that you have somewhere to go and people to see, but when possible, avoid using your car in really bad conditions... especially if you are a new driver.

Saturday, 5 December 2015

How to Keep Your Business Premises Safe During the Calgary Winter

A part of owning a business in Calgary that people rarely talk about is prevention. As you already know by now, owning a small business isn't all flowers and rainbows. It comes with many different challenges and hardships -- and keeping it safe is definitely among them.

With summer behind us, many small business owners in Calgary might be wondering how they can go about keeping their businesses safe during the cold and harsh upcoming Albertan winter. While winter comes with many risks associated with the other three seasons, winter is also when the most fire claims occur. Surprised? Well most people are.

As a result, fire prevention should be your first priority in the winter. But it shouldn't be your only one. Here is how you can keep your business premises safe during the Calgary winter:

  • Make sure that your smoke alarms are in working order. When was the last time you checked them? The City of Calgary recommends that you check them at least once a year to make sure that they are working properly.
  • Keep valuable (and flammable) objects away from sight.  Don't make your business premises a target of thieves and arsonists by not following this one basic tip.
  • Deter trespassers any way you can. Whether you decide to keep your business premises lit 24/7 or invest in a gate system, the most important thing is that you think like a thief.
  • Make a fire evacuation plan and make sure that your employees follow it to a t. We can't stress enough the importance of doing this.
Now that you know how to keep your business premises safe, it's time to go out there and implement those easy and simple tips!

Wednesday, 2 December 2015

Will My Edmonton Car Insurance Policy Be Cancelled After An Accident?

As a driver in Edmonton, chances are that you've wondered (but never dared to ask) whether accident would mean the cancellation of your car insurance policy. While this question is valid for several reasons, today we would like to assure you that, no, a road accident won't lead to the cancellation of your Edmonton car insurance policy.

However, what it can do is cause you to pay higher monthly premiums on your insurance coverage. While we can't say for sure whether one accident is enough to raise your premiums, we can say for certain that multiple ones are. 

You're familiar with the demerit point system, right? Well the more demerit points you accumulate in Alberta, the more you should expect to pay higher premiums. This is because after a while insurance companies start to see you as a high-risk driver. In other words, they start to see you as more liable to getting into (or causing) road accidents.

But here's the thing: Being a high-risk driver in Edmonton is not a lifelong sentence. Keep your driving record clean for two years and it should only be a matter of time before your insurance premiums are lowered.

Of course there are other ways to lower your insurance premiums in the meantime as well, so don't despair if you've just experienced a road accident. Focus on repairing the damage done to your car (if any), and next time you hit the road, really focus on road safety. And above all, remember that driving is not a game.

Good luck and stay safe!