Toronto Insurance Broker
Leading Insurance Brokers Serving Toronto
Life brings unexpected events, so how can you prepare for the surprises that comes your way? A flood in your home or a car accident can leave huge bills. Without adequate insurance protection – this could derail your life.
The solution is to find affordable insurance for your everyday needs. Our digital toolset and skilled brokers guide you through the often-complex maze of insurance.
What are the Different Types of Insurance in Toronto?
At Sharp Insurance, we offer the following types of insurance:
For additional insurance needs: travel, auto, condo and more, we have your back when you need it the most. Find our full list of insurance options that we offer.
Is Insurance Mandatory in Toronto?
Mandatory insurance depends on what personal items or toys you want insured. While it’s the law to have insurance to drive your car, it’s necessary to find adequate insurance for your home – and some lenders demand it. Let’s go over the basics.
Mandatory coverage for car insurance:
- Third Party Liability
- Accident Benefits
- Uninsured Automobile
For optional coverage for your car, read through our Auto Insurance page for details.
What’s Covered by Insurance in Toronto?
You’re in the market for a new home or you want to add a shiny object on your snowmobile. Whatever your insurance needs, you want the coverage that matches your life and what you can afford.
Work with one of Sharp’s insurance brokers in Toronto to find what you’re looking for.
How to get the Best Business Insurance in Toronto?
As a business owner in Toronto, to be on top of your business operations, decide what’s important for you and your employees.
What is a Loss Settlement Option?
A loss settlement option provides funds paid out to you by your insurance company after a loss or damage to an item.
3 Loss Settlement Options:
Agreed Cash Value
Also called the “fair market value,” or the purchase price minus depreciation. Actual cash value generally has a lower premium than the replacement cost option.
Replacement Cost
It will cover the cost of replacement, up to a certain amount.
Agreed Value
This is generally for specialty items like a classic car, artwork, or jewelry collection where the payout value is agreed upon beforehand and that’s what will be paid out.
What are the Best Insurance Companies in Toronto?
Our exclusive partnerships with several major insurance companies in Canada provide you with protection and service you can count on. As an independent brokerage, Sharp Insurance has earned its reputation as an award-winning brokerage and works with the best insurance companies in Toronto.
What is a Policy Limit
A policy limit is the monetary amount that will be paid out by your insurance company in the event of a claim. There is generally an overall policy limit as well as limits on different parts of your insurance or even on individual items.
You have a choice as to what your limit is. Coverage options depend on what type of insurance you’re dealing with: home, auto, travel, small business – to name a few.
What are the Factors that determine insurance prices in Toronto?
There are several factors that determine insurance prices in Toronto:
It’s only natural to seek out the best insurance companies in Edmonton, now that you know what elements go into calculating your insurance rates.
Sharp directs you to knowledgeable advisors close to your home; brokers who will give you the best service online and offline.
How to Get Cheap Insurance in Toronto
You’re not alone if you think your insurer sets your insurance rates and you can’t get a lower rate. From your home premium to your car insurance rates, there are many ways to save on your insurance bill.
12 ways to make your insurance bill cheaper in Toronto:
- Maintain a great credit rating
- Pay for repairs to avoid submitting too many claims
- Combine your car and home policies
- If you have an older car, consider skipping comprehensive and collision coverage
- Request a higher deductible if it’s in your budget
- Ditch your car and take the train or walk to work
- Research the crime rate, the location of your home (e.g. fire hydrant, corner home, etc.)
- Ensure you have enough protection
- Be a safe driver
- Don’t let your insurance lapse
- Keep your insurer
- Install winter tires
You’ve put your trust in the hands of award-winning experts. Now what? Let’s prove to you that we can find you the best rates and value for your money. Don’t take our words as truth, thought – call, email, or install the MySharp app to find out how we go above and beyond for you.
Why is Sharp Insurance the brokerage to work with in Toronto?
You won’t be left wondering if you’ve received the optimal insurance coverage for your needs. Sharp Insurance can provide you with the optimal solutions to your individual needs.
We work for you
We match your insurance wants with an insurer that has your best interests at heart.
We offer you choices
You can choose what coverage level you want at the best rates for your home and toys.
We shop around for you
Our brokers love to shop around for you, so you can get back to business at home or on the road.
We give you digital choices
Forget about your messy glove compartment; pick up your phone to access your pink card or to make a claim.
We take good care of your needs
We want the same as you: to have the best possible rates and awesome customer service. We deliver!
How to Get a Free Online Insurance Quote in Toronto?
At Sharp Insurance, we offer free online insurance quotes for Toronto residents. To get a free online quote, keep this in mind:
- The more information we have, the more accurate your quote – and the more likely we can find ways to save you money
- You can request an insurance quote online or by phone
- We’ll get you quotes from several different insurance companies in Toronto
Apply online today and get a quote in minutes!