Name: Lakeview Insurance
Address: Calgary, AB
Telephone: 403-287-2521

As a pet owner, your furry friend is probably one of the most important members of your family. They provide companionship, emotional support, and unconditional love. However, as much as we love our pets, they can also have an impact on our home insurance coverage. In fact, owning a pet can lead to increased risk and liability, and insurance companies consider these factors when determining premiums and coverage options. For homeowners in Calgary, it’s important to understand the impact of pets on home insurance coverage and take steps to ensure that you have the right protection for your needs. In this blog post, we’ll explore the ways in which pets can affect your home insurance coverage in Calgary and provide tips on how to protect both your home and your furry family members!

Liability Coverage

One of the main ways pets can affect your home insurance is through liability coverage. As a homeowner, you are responsible for any injuries or damages your pet may cause to others. If your pet bites or injures someone, you may be held liable for medical expenses and other damages. Liability coverage in your home insurance policy can help protect you from financial losses due to legal claims against you and your pet.

Breed Restrictions

Another way pets can impact your home insurance in Calgary is through breed restrictions. Some breeds of dogs are considered higher risk than others, and insurance companies may have breed restrictions or exclude certain breeds from coverage altogether. It’s important to check with your insurer to see if your policy covers your pet’s breed.

Additional Premiums

In addition to breed restrictions, some insurance companies may consider pets a risk factor and charge higher premiums to cover that risk. However, some companies may also offer discounts or rewards for responsible pet ownership, such as obedience training or spaying/neutering your pet.

Damage to Property

Pets can also cause damage to your home and belongings. For example, your dog may scratch up your hardwood floors, or your cat may knock over an expensive vase. While your home insurance policy may cover some damage, there may be limits to the amount of coverage provided. It’s important to review your policy to see what’s covered and to consider additional coverage if necessary.

Pet-Friendly Coverage

If you’re a pet owner, you may want to consider pet-friendly coverage options when shopping for home insurance in Calgary. Some insurers offer specific coverage for pets, such as coverage for veterinary bills or liability coverage for damage caused by your pet outside of your home.

Final Thoughts

In conclusion, it’s clear that owning a pet can significantly impact your home insurance coverage in Calgary. However, with the right knowledge and preparation, you can ensure you have the protection you need to keep your home and furry family members safe and secure. By understanding the factors that influence pet-related home insurance coverage, such as liability coverage, breed restrictions, additional premiums, and damage to property, you can make informed decisions about your policy and protect yourself from financial loss. Additionally, exploring pet-friendly coverage options can provide peace of mind for pet owners, knowing that their beloved furry companions are protected. Ultimately, whether you’re a new pet owner or a seasoned pet lover, it’s essential to work with an experienced insurance broker who can help you navigate the complexities of home insurance in Calgary and provide you with the best coverage options for your unique needs.

Lakeview Insurance Brokers Ltd. has been a highly dedicated member of the Independent Brokers Association of Albert and has been family-run since 1979. Our brokers take the time to ensure you get the best policy that suits your needs. Contact us today to get started at 403-287-2521 or send an email to [email protected].

Shopping around for insurance can be a daunting task, but it’s an important one if you want to ensure that you’re getting the best coverage for your needs at a price that fits your budget. Whether you’re looking for home, auto, or business insurance, it’s important to know what to look for and how to compare different policies. In this blog post, we’ll discuss how to shop around for insurance, with a focus on working with Calgary insurance brokers.

1. Determine Your Insurance Needs

Before you start shopping around for insurance, it’s important to determine your specific insurance needs. This will depend on a variety of factors, such as the type of property you own, the level of coverage you need, and your budget. Take some time to assess your needs and priorities so that you can find insurance policies that meet your unique requirements.

2. Research Different Insurance Providers

Once you know what you’re looking for in an insurance policy, it’s time to research different insurance providers. This can include both large national companies and smaller, local providers. Look for companies that have a strong reputation for customer service, competitive pricing, and a range of coverage options that fit your needs.

3. Compare Policies and Prices

Once you’ve identified several potential insurance providers, it’s time to compare policies and prices. Don’t just look at the cost of the policy, but also consider the coverage limits, deductibles, and other terms and conditions. Make sure that you’re comparing apples to apples when evaluating different policies.

4. Work with Calgary Insurance Brokers

One of the best ways to shop around for insurance is to work with a local insurance broker. Calgary insurance brokers have in-depth knowledge of the local insurance market and can help you find policies that fit your needs and budget. They can also help you navigate the complex world of insurance policies and understand the fine print.

5. Ask for Discounts

Finally, don’t be afraid to ask for discounts when shopping around for insurance. Many insurance providers offer discounts for things like multiple policies, safe driving records, or security systems in your home or business. Make sure that you’re taking advantage of all available discounts to help reduce your insurance premiums.

Final Thoughts

In conclusion, shopping around for insurance doesn’t have to be a daunting task. By determining your insurance needs, researching different providers, comparing policies and prices, working with Calgary insurance brokers, and asking for discounts, you can find insurance policies that meet your needs and fit your budget. Remember to take your time and choose policies that provide the coverage you need to protect your assets and your peace of mind.

As a renter, you may assume that your landlord’s insurance will cover any damages or losses to your personal property. However, this is not always the case. That’s why it’s important to consider purchasing rental insurance, also known as tenant insurance. Here are some reasons why rental insurance is worth it, with a focus on home insurance in Calgary.

1. Protect Your Personal Property

One of the main benefits of rental insurance is that it protects your personal property. This includes items such as furniture, electronics, and clothing. If your personal property is damaged or stolen due to a covered event, such as a fire or theft, your rental insurance will help cover the cost of replacing these items. This can provide peace of mind knowing that your personal belongings are protected.

2. Liability Coverage

Another important aspect of rental insurance is liability coverage. If someone is injured while visiting your rental property, you may be held liable for any damages or medical expenses. Rental insurance can help protect you in the event of a lawsuit or liability claim. This can help cover the cost of legal fees, settlements, or judgments.

3. Additional Living Expenses

If your rental property becomes uninhabitable due to a covered event, such as a fire or flood, rental insurance can help cover additional living expenses. This may include the cost of a hotel, food, and other necessities while you are temporarily displaced from your rental property. This can provide valuable financial assistance during a difficult time.

4. Affordable Premiums

Despite the numerous benefits of rental insurance, it is often quite affordable. Premiums for rental insurance typically cost only a few hundred dollars per year, depending on the coverage limits and deductible you choose. This makes it a cost-effective way to protect your personal property and provide additional liability coverage.

5. Required by Landlords

In some cases, landlords may require tenants to purchase rental insurance as a condition of their lease agreement. This is becoming increasingly common in Calgary, as landlords recognize the importance of protecting their tenants and their own property. By purchasing rental insurance, you can ensure that you are meeting your landlord’s requirements and protecting your personal property at the same time.

In conclusion, rental insurance is worth the investment for renters who want to protect their personal property and provide additional liability coverage. With its affordable premiums, required coverage in some cases, and additional benefits such as coverage for additional living expenses, rental insurance is a smart choice for any renter. Be sure to consider home insurance in Calgary for all your rental insurance needs.

Add Your Heading Text Here

Home insurance is a crucial investment for any homeowner, as it provides valuable protection for your property and personal belongings. However, not all home insurance policies are created equal. When choosing a policy, it’s important to understand the different types of coverage available and which ones are most important. In this blog post, we’ll discuss the most important coverage, with a focus on home insurance in Calgary.

1. Property Coverage

Property coverage is perhaps the most important coverage in home insurance. This coverage protects your home and other structures on your property, such as a garage or shed, from damage caused by covered events such as fire, wind, or hail. It also covers the cost of repairing or rebuilding your home in the event of a covered loss. When choosing property coverage, it’s important to consider the value of your home and personal belongings to ensure that you have adequate coverage.

2. Liability Coverage

Liability coverage is another important aspect of home insurance. This coverage protects you from lawsuits and liability claims if someone is injured on your property or if you cause damage to someone else’s property. It can also cover the cost of legal fees and settlements. Liability coverage is particularly important for homeowners who frequently host guests or have a high risk of liability, such as a swimming pool or trampoline.

3. Additional Living Expenses

If your home became uninhabitable due to a covered loss, such as a fire or flood, additional living expenses coverage can assist with temporary living expenses. This coverage can be particularly important for homeowners who do not have family or friends nearby to stay with during a period of displacement.

4. Personal Property Coverage

Personal property coverage protects your personal belongings, such as furniture, electronics, and clothing, from damage or theft. This coverage can be especially important for homeowners with valuable personal property, such as jewelry or artwork. When choosing personal property coverage, it’s important to consider the value of your belongings and ensure that you have adequate coverage.

5. Deductible

While not technically a type of coverage, the deductible is an important aspect of home insurance that can affect your overall coverage and premiums. The deductible is the amount that you pay out of pocket before your insurance coverage kicks in. It’s important to choose a deductible that you can afford in the event of a covered loss, while also considering how your deductible affects your premiums.

Final Thoughts

In conclusion, when choosing a home insurance policy, it’s important to consider the most important coverage options, including property coverage, liability coverage, additional living expenses, personal property coverage, and deductible. By understanding these different types of coverage, you can ensure that you have adequate protection for your home and personal belongings. When looking for home insurance in Calgary, be sure to work with a trusted insurance provider who can help you choose the right coverage for your needs.

Lakeview Insurance Brokers Ltd. has been a highly dedicated member of the Independent Brokers Association of Alberta and has been family-run since 1979. Our brokers take the time to ensure you get the best policy that suits your needs. Contact us today to get started at 403-287-2521 or send an email to [email protected].

The housing market in the city has seen condo sales rising lately. The next step for these new condo homeowners is to find insurance companies in Calgary to secure their homes from potential losses or damages.

However, condo insurance is vastly different from a house’s insurance coverage and its price. If you’re a recent condo homeowner, read on to find out what you can expect to pay for condo insurance and what its coverage entails.

Finding Condo Coverage from Insurance Companies in Calgary

Why Have Condo Insurance?

You might be asking yourself: “Why do I need coverage when I pay condo fees? Doesn’t condo fees act as a form of insurance coverage?” The short answer to that question is yes and no.

Your condo fees provide some insurance coverage, but it’s technically meant to help cover any losses, damages, or liability claims to public spaces in the condo building. For example, the condo’s insurance would cover any instances that occur within common areas like the elevator or on-site gym. In essence, their coverage is mainly focused on the collective – where it goes toward the building as a whole.

Depending on the condo, they can cover certain parts of your unit that are core to the building (e.g. windows & light fixtures). However, they don’t cover liability cases, damages, or losses within your condo unit. For instance, if someone broke into your unit and stole any valuables from you. According to how a condo works, that’s considered your responsibility to handle.

In these scenarios, finding the right insurance companies in Calgary for personal condo insurance comes in handy.

What Types of Condo Insurance Exist?

Like any insurance, not all coverage is the same. Depending on your preferences for coverage, you want to see what insurance brokers in Calgary offer for insurance policies.

For the most part, you can expect personal condo insurance to commonly cover the following:

Personal liability
Personal property
Unit improvements
Additional protection for contingency scenarios
Loss assessment
Loss of unit
Other living expenses

If you’re looking for more from your condo insurance policy, there are other options available such as:

Directors & officers’ liability
Overland water
Sewer backup
Identity theft

What’s the Cost of Condo Insurance?

As you recall, insurance plans all have varying degrees of coverage. In turn, it can affect how much you need to pay for your condo insurance. Naturally, the more coverage you want, the more it will cost you. Meanwhile, the less coverage, the less you will have to pay each month.

Plus, that’s not accounting for other factors such as:

Property type
Credit score
Replacement cost
Location
Internal construction
Renovations
Claims history
Pets
Special use

However, if you need substantial numbers, the average cost of condo insurance in Calgary is between $30 to $50 per month (around $400 to $600 per year). These monthly payments aren’t too bad – and there are ways you can further lower your condo insurance. Either way, it’s a reasonable price for personal peace of mind as a condo unit owner.