How To Get Renter’s Insurance in Grande Prairie

Before you start shopping for tenant insurance in Grande Prairie, there are a few thigs you need to know. Give us a call and one of our award-winning brokers at Sharp Insurance will walk you through all the details you need to get the right coverage for your personal belongings.

So let’s get the facts by answering the following questions:

• What personal belongings should your policy cover?
  Preparing a list of all the items in your household that need to be insured is the first step to determining the cost of your tenant insurance.
• Where do you live?
  Landlords and leasing offices usually post higher rents for their downtown suites in Grande Prairie. Naturally, your tenant insurance premium rate also increases as a resident of the downtown area. If you wish to save some money on your tenant insurance policy, it might be a good idea to move into a rental unit away from the city center and closer to the suburban neighbourhoods of the city.
• What’s your current deductible amount?
  The deductible is the amount of money you have to contribute towards covering the expenses resulting from an accident at your suite before your tenant insurance policy is activated to cover the remaining cost. Normally, you should be able to select the deductible amount you deem suitable for you.
• Here’s a tip from Sharp Insurance: A small deductible amount might sound like the right way to go. But did you know that when you choose the lowest available deductible on your policy, your monthly premium immediately increases? Take your time and discuss a payment plan that works for you with your Sharp Insurance broker.