High-Risk Home Insurance in Alberta
Other types of high-risk, or non-standard, insurance includes home insurance for a non-standard home. A non-standard property might be an older building, a rural property, or a vacant lot. High-risk insurance for your home is much more expensive than your standard home insurance in Alberta.
If your insurance policy has been canceled due to non-payment, you may be labeled a high-risk homeowner, but every insurer handles non-payment in a different way, so always check with your insurer or broker.
Home insurance policies that are considered non-standard will cost you more, often double or triple what you would pay for a standard home insurance policy.
Another reality of high-risk insurance in Alberta is that the coverage is limited. A non-standard insurance policy may mean your payment options are limited, and you will not have much more than basic coverage options, unlike the array of options you’d have with standard home or vehicle insurance.
Sharp Insurance’s high-risk insurance brokers are more than happy to help you find the coverage you need in Alberta. Although your rates may be higher than you’d like, we’ll do what we can to find you the most cost-friendly variation to ensure your insurance is still affordable.
We also advise you along your insurance journey: what are your best options, and how can you keep your costs as low as possible. We also walk you through your policy details, so you know exactly what you’re covered for.
Give us a call today or apply for a free high-risk insurance quote in Alberta.