5 best ways to make good use of your insurance plan

Practice Safe Driving

The best insurance rates are assigned to those with a clean slate when it comes to car accidents and overall driving record.

Schedule Regular Preventative Home Maintenance

Preventative maintenance is a smart and easy way to reduce risk in your home. By keeping your home in good repair, you’ll make it safe for you, your family and guests and decrease the likelihood of having a claim. Staying claims-free is one way to control your home insurance premiums.

Increase Your Deductible

When you make a claim because you’ve been in an accident or your vehicle was damaged, a small portion of the claim is usually paid by you first, then your insurance company pays the rest. The portion you pay is called your deductible. A higher deductible translates to a lower premium in recognition of you assuming more of the risk.

Insure Multiple Products

Standalone insurance is a more expensive route to take. When you insure your house, car, cottage and/or other possessions, you will benefit from reduced premiums through discounts, such as multi-line discounts and/or multi-vehicle discounts.

Talk to an Insurance Broker

Insurance Brokers are constantly assessing the insurance marketplace and are in an unbiased position to find the most suitable insurance for the specific needs of each individual.

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