Your Guide to Smarter Insurance Decisions
Insurance Tips
Below are some insurance tips for your home, vehicle, business and life for residents in Alberta and the Northwest Territories.
Home Insurance Tips
- Regularly review your coverage to account for home renovations.
- Install security systems to qualify for discounts.
- Bundle policies (home, auto, etc.) for multi-policy discounts.
Auto Insurance Tips
- Choose a higher deductible to reduce premiums.
- Take a defensive driving course for potential savings.
- Consider pay-as-you-go insurance if you drive infrequently.
Business Insurance Tips
- Conduct a risk assessment to identify coverage needs.
- Implement safety protocols to reduce liability risks.
- Insure against business interruptions to protect cash flow.
Life Insurance Tips
- Purchase life insurance early for lower premiums.
- Choose term life insurance for affordable coverage.
- Review your policy after major life events, like marriage or having children.
Insurance Tips for Different Stages of Life
- Young Adults:
Focus on affordable term life insurance and renter’s insurance. - New Parents:
Update life insurance policies to ensure your child’s financial security. - Homeowners:
Review home insurance coverage regularly, especially after renovations. - Business Owners:
Reassess your business insurance annually to cover growth and new risks.
FAQs
Here are some frequently asked questions for insurance in Alberta and the Northwest Territories.
It’s recommended to review your policies annually, or after a significant life change.
Location, home age, coverage amount, and claims history are some key factors that will impact your insurance premium.
Yes, bundling home, auto, and other policies can often lead to significant savings.
While a higher deductible can reduce premiums, ensure you can afford the out-of-pocket expense in the event of a claim.
Business interruption insurance covers lost income and ongoing expenses if your business is forced to close due to a covered event.
This depends on factors like your income, debts, and family needs. A general guideline is 5-10 times your annual income.
Why Choose Go Insurance?
- Empowering Protection, Elevating Expectations:
We understand Alberta’s unique needs and provide tailored solutions. - Innovate with Purpose:
Using modern solutions to ensure efficient coverage. - Ask Why, Inspire How:
A proactive approach to providing the right coverage for your situation. - Our Mission:
We raise the bar by delivering exceptional service and setting a new standard for excellence. - Strengthen our Community:
Committed to supporting Alberta residents through every stage of life.
By following these principles, we’re not just delivering insurance — we’re creating lasting, positive change in our community.