Property Insurance in Edmonton
We have provided property insurance in Edmonton for over 50 years. While purchasing property insurance may not be the most exciting thing that you will do as a homeowner, it may be the most important. Your home is a considerable investment and where you spend precious time with your family and friends. Make sure you protect it and everything inside!
It is easy to become overwhelmed with the wide variety of insurance packages and coverages available when buying property insurance. The expert insurance brokers with MBS will help clarify the specifics of each policy and will provide you with the most suitable policy for your needs. When buying property insurance in Edmonton, we always recommend choosing a comprehensive insurance policy as opposed to broad form policy. Comprehensive insurance policies offer a more extensive range of coverage for your home and its contents. Comprehensive plans are also considered the best value for your dollar.
Edmonton’s Most Reliable Property Insurance
Once you have selected a base policy for your property insurance in Edmonton, there are still other important decisions to be made. You can choose additional coverage to enhance your policy. Some of these options include:
Sewer back-up protection protects you from losses resulting from the back-up or escape of water from a sewer, drain, sump pump, septic tank, eavestrough, or downspout. This coverage is relatively inexpensive and can prove to be invaluable in the event of a loss.
We recommend that all customers carry a minimum liability limit of $2,000,000. For higher liability limits, Personal Umbrella Liability policies are available for additional limits up to $5,000,000.
Provides coverage due to water damage caused by the overflow of a lake or river, heavy rain or rapid snowmelt that occurs at ground level or above. You cannot control the weather, but you can be ready with preventative insurance like this.
Identity theft can hurt you, your credit, and your finances. There are identity theft protection policies available which cover you and anyone under the age of 21 in your household.
This coverage means the insurance company will pay the full cost of replacing your home even if the amount exceeds your policy limits. Please be aware that there are several stipulations to be considered.
We recommend reviewing your homeowner’s insurance coverage annually, especially if you make any improvements to your home.
How to Reduce the Risk of Basement Flooding
When municipal sewer systems get backed-up, where does the water and sewage go? Well, unfortunately, it can end up in your electronics-laden basement. It can rush back up into the home and could destroy anything it comes into contact with. Finished basement or not, the cleanup and repair after a sewer back up can be extremely expensive and time consuming. The best way to minimize the potential for sewer backup in your basement is to install a sewer backwater valve. The video above will answer your questions and give you more info.
Contact MBS Insurance for Your Property Insurance Quote!
Being underinsured is a real problem and will cost you dearly if a significant or total loss occurs. Please talk with an experienced insurance professional before making important decisions about your policy. MBS Insurance brokers work with many of the top insurance companies in Canada and will always represent your best interests. Give us a call at 780.436.7880 or request a quote online today!