Professional & Experienced
Edmonton Home Insurance Consultants

One, it protects you against loss or damage to your personal belongings and helps protect your assets against loss in the event of a lawsuit against you. So, if someone gets hurt while in your home, your insurance will provide you with a legal defence if that person decides to take action against you.

Two, home insurance is necessary to secure mortgage financing. Your bank likely won’t finance your mortgage unless they are assured they will be reimbursed in the event of property damage. If you don’t have a mortgage, home insurance still protects your assets from loss.

Simply put, home insurance provides peace of mind to Edmonton’s homeowners, protecting your hard-earned assets and property from unfortunate and unforeseeable events.

Your home insurance will protect the person whose name appears on the policy, in addition to the following people (if they live in the household):

• Policy holder’s spouse
• Relatives of both the policy holder and his/her spouse
• Any person under 21 in the policy holder’s care
• Dependent student temporarily residing away from home to attend a school, college, or university

To answer this question, you would have to speak to one of our qualified Go Insurance representatives, who will be happy to provide you with information based on your specific needs. We will determine the replacement value of your home and personal property to determine your home insurance needs.

Note: Replacement value refers to the cost of rebuilding your home, not the market value.

We have several policies available to provide you with the right coverage option for you, at the right rate. A Go Insurance representative can easily help you determine which policy is right for you. To contact a Go Insurance representative, call 1.780.448.2298.

Not necessarily. Home insurance will provide coverage that is sufficient for most people in most situations. However, certain items such as jewelry, furs, and bicycles (among others) are subject to what’s called Special Limits. These items limit the amount of coverage you can have in your policy.

If you need a higher limit than what your policy provides, you can always purchase further optional coverage to ensure all your items are covered.

In the event of a loss for which you have home insurance coverage, homeowners should inform a Go Insurance broker right away. In the case of a burglary, you must contact the police as well.

Note: DO NOT dispose of any damaged goods until you receive our approval to do so.

This is really up to you. Consider this before you make a claim, though: what is the cost of the damage compared to your deductible? (The deductible is the required amount of a claim that you’ve agreed to pay.)

Also, it’s important to note that you receive discounts on your premium if you’re not making claims all the time. By making a potentially unnecessary claim, you risk losing this discount, resulting in higher premiums.

When in doubt, consult a Go Insurance broker, who will be happy to help you make the decision that’s right for your specific situation.

When you make a claim, you will be asked to supply a list of your home’s contents and a record of their value. The best way to prove ownership (and cost) of these items is through sales receipts. It’s also a good idea to take photos of your belongings because it will likely speed up the time it takes to settle the claim.

Including personal liability coverage in your Edmonton home insurance is important if visitors or guests suffer an accident or injury on your property. In the event that an individual files a claim, lawsuit, or takes legal action against you for property-related physical harm, your personal liability coverage can assist you with associated costs, such as fees arising from physical accidents, pet injuries, property damage, or legal processes.

Whether your property is being built or has been standing for 20 years, your home is subject to loss and damage, which can be covered by home insurance. Also, it’s important to note that injuries are common on construction sites, so an insurance policy may be required during construction. Check with Go Insurance and your builder for more specific information about your home, and to ensure you’re covered in the event of loss, damage, or injury.

If you are making an income on renting your property to tenants, then you must recognize the difference between homeowner and landlord insurance. Typically, a standard homeowner’s insurance policy will only cover your personal belongings and damage to your home and not for the loss of rent or damage by tenants.

We recommend talking to one of our consultants if you’re thinking of renting out your property, or a portion of your property. You may need to change your home insurance policy over to landlord insurance to receive dedicated coverage for your rental activities.

Your insurance premium is dependent on a number of factors that include, but are not limited to:

• Your insurance and claim history
• The cost to rebuild your home or property
• Your property’s proximity to risks that may damage your home, such as rivers
• If you are renting a room in your house
• The crime rate of your area or neighborhood
• Age and type of your property’s electrical, heating, plumbing, and roofing systems
• How your property was constructed— the materials used to construct your home
• Security or loss mitigation devices such as alarms and cameras
• The square footage of your property
• Natural disasters
• Discount eligibility
• Your credit rating
• Policy options such as loss settlements, deductibles, policy limits, and coverages

For a full picture of what may be affecting your premiums, talk to one of our Customer Experience Consultants today!

Our Edmonton-based customer experience consultants know all there is to know about how to best serve our clients and community. At Go Insurance, we know how cold Edmonton winters can get, and that is why we strive to provide all the information you need to find the right types of coverage for your home.

In Edmonton, specific risks to take note of while purchasing a new insurance package include the following:

• Burst pipes due to extremely cold weather
• Sewage pipe backup
• Fire (even the smallest fires can result in serious damage to your property!)
• Theft

In order to get an accurate quote and to see if you qualify for discounts, our customer experience consultants may ask if you can provide the following information:

• Details about your property, such as your home’s size, number of rooms, fixtures, foundation type, roofing details, type of heating sources, plumbing information, and more
• Broad value of your home’s contents
• The presence of an alarm system, sewer backup prevention devices, and any other accident prevention apparatus that you have will also be useful

If you are unsure what details and information to include and want to ensure you’re qualifying for as many discounts as possible, just give us a call. Our Edmonton Go Insurance representatives are standing by and ready to help walk you through the entire process 1.780.448.2298.