Hi there Ian McCleary here, owner of Ian McCleary Insurance and Financial Services Inc. This month’s article focuses on three simple tips and strategies that could save you hundreds of dollars a year when shopping for auto insurance in London Ontario.
Feel free to contact our location in London Ontario at 519-601-3276 for a free no obligation auto insurance or home insurance quote today. We are available 24/7 call in or walk in. Rest assured, my team and I will be looking for every discount we can offer you right now to get the best coverage on your auto insurance.
Insuring your car, motorcycle or truck can be a complicated and frustrating matter in London. There are so many confusing options and scenarios to consider that you really need some guidance in finding the right coverage for you and your family needs auto insurance london ontario. There is a lot to learn and every person has different types of plans that work for them. Here are three simple tips and strategies that you can use right now to navigate your way through red tape and paperwork and finding the best auto insurance for you!
- Tip 1: Sit down with someone who can help you understand different liability limits and accident benefits – and why they are important. Liability is in place to protect what you have to lose – the government insists on at least $200,000. Don’t simply accept $1,000,000 as the right number for you! Basic accident benefits will provide an income replacement of $400 a week. If you can’t work for a year – that’s $20,800 – is that a pay cut for you and could you continue to pay your bills with that?
- Tip 2: Understand when it makes sense to make a claim and what deductibles to choose. The difference in premium between a $500 deductible and a $300 deductible is only protecting $200. Is the difference in premium worth it?
Important: Insurance is in place to protect you in the event of a catastrophic financial loss. We should be buying insurance us to protect us from the losses that will affect our quality of life in our retirement. Insure for the devastation, not the aggravation.
- Tip 3: Always get multiple quotes from different companies when buying auto insurance in London – but please keep in mind that cheapest isn’t necessarily best. It is quite surprising just how much variance there is when it comes to this product. Understanding what coverages – and limits – are best for you is a very individual thing! Insurance is about you and it doesn’t matter what your neighbour pays because this is about you – your risks and what you have to protect
Important: If you want to switch to a different auto insurance company, make sure you have a new policy in place before you cancel the one you have. Avoid being uninsured for any period of time, since an accident can happen anytime.
When shopping around for an auto insurance policy in London, it is important to educate yourself on the different types of limits available so that you can choose wisely and make a good decision for you and your family car insurance london ontario. With so many variables and types of coverage, it's a wonder any of us ever find ourselves the right insurance.
Rest assured, my team and I will be looking for every discount we can offer you right now to get the best coverage on your auto insurance. Call us today to get the best coverage in London ON.
My office specializes in insurance portfolio management and it is our role to help you understand the risks that you are exposed to that can impact your quality of life in retirement, and to help you develop an insurance budget that will best protect you from those risks!
My team and I have over 50 combined years’ experience helping individuals and businesses with their insurance needs in Ontario. We are an insurance office that is dedicated to providing personal service and value. We have worked both Fire and Auto claims and I know the process and how our promise is fulfilled. Let us put our years of experience to work on what is important to you!
Our Specialty is Auto Insurance and Home Insurance.
Call us now to review your insurance coverage for your: Auto Insurance, Car Insurance, ATV Insurance and Recreational Vehicles Insurance, Motorcycle insurance and Commercial vehicles Insurance. Also: home insurance or condo insurance, your rental properties insurance needs.