Make sure to get your insurance questions answered.

7 insurance buying tips from the IBC

May 25th, 2015 by admin

Make sure to get your insurance questions answered.

As insurance is a critical investment, it is important to get key questions answered in order for you to make the best decisions. Make sure to consider the following questions when searching for auto, home or business insurance.

First, determine your specific insurance needs: 

  • When conducting this assessment, be sure to determine what coverage is required by law for your vehicle and what's optional.
  • Make sure to determine the replacement value of your home and its contents.
  • Figure out whether your business is home-based and the unique risks your business faces. After assessing this, it is important that you determine the kind of risk management strategies you need to implement. 

Secondly, figure out if it's worthwhile to bundle multiple policies with one provider. Typically, multi-policy discounts or loyalty programs are available for the following:

  • Insuring multiple vehicles or several drivers who live in the same household. 
  • Increasing coverage for your car, motorcycle or seasonal vehicle. 
  • Obtaining insurance for your cottage, boat or recreational property with the same company as your primary residence.
  • Having multiple types of business coverage, including Directors' and Officers' Liability, Commercial Property and Special Events Liability.

For all of your auto, home and business insurance needs, contact the team at Fundy Mutual. We have been serving the New Brunswick region for over 70 years and take a proactive, preventative approach to our customers' needs.

Contact us today for an affordable home or car insurance quote. We look forward to assisting you with your insurance needs.