Home Insurance Jump

[cral12]

is there an advantage of going through a broker vs going directly through the company?
(For Intact home, for example, I'm getting the same online quote directly or thru BrokerLink)

[marsplasticeraser]

Originally Posted by cral12

is there an advantage of going through a broker vs going directly through the company?
(For Intact home, for example, I'm getting the same online quote directly or thru BrokerLink)

I've never used a broker, but had a broker at all state recommended. It was much easier than calling into a call centre and being spending an hour talking to somebody who knows nothing about insurance

[Engine09]

I'm also with TD Melloche Monnex and this month they decided to raise my home insurance from $193.03/mo to $235.45/mo. It's been steadily going up over the past 2 years but now I really have to start looking around and switch.

If anyone has recent recommendations, post 'em up.

[billybob123]

Originally Posted by Engine09

I'm also with TD Melloche Monnex and this month they decided to raise my home insurance from $193.03/mo to $235.45/mo. It's been steadily going up over the past 2 years but now I really have to start looking around and switch.

If anyone has recent recommendations, post 'em up.

I got an AUPE discount from The Personal and saved something like 75% from TD with identical coverage and deductibles. TD was obscene.

Good luck!

[Wormius]

Originally Posted by billybob123

I got an AUPE discount from The Personal and saved something like 75% from TD with identical coverage and deductibles. TD was obscene.

Good luck!

Ditto. Saw a big decrease in home/auto with them. I don’t know how big a difference the professional association discount works out to be, but we used ours.

[Engine09]

Damn, this is so painful. Lot of companies don't even have a contact email, you have to use their online forms and slowly hit dropdowns and fill everything out. Then they ask you to call because they need additional information, or try to get you to use the automated chat which is a waste of time. I can jump on the computer at work quick to send an email but I can't be on the phone for large chunks of time.

There's a reason why people put this off.

[Jason14h]

Went to All State and saved 50% over TD on 2 cars and home with a lower deductible

[Wormius]

Originally Posted by Engine09

Damn, this is so painful. Lot of companies don't even have a contact email, you have to use their online forms and slowly hit dropdowns and fill everything out. Then they ask you to call because they need additional information, or try to get you to use the automated chat which is a waste of time. I can jump on the computer at work quick to send an email but I can't be on the phone for large chunks of time.

There's a reason why people put this off.

Yeah, it’s an introverts nightmare. On the bright side, cancelling TD was pretty quick and painless.

[Engine09]

It's just the time involved, repeating the same information, address, name, email, vehicle information, details on your property over and over again all while on a cell connection. Fuuuuuuuuuuck!

[undercoverbrother]

Originally Posted by Engine09

I'm also with TD Melloche Monnex and this month they decided to raise my home insurance from $193.03/mo to $235.45/mo. It's been steadily going up over the past 2 years but now I really have to start looking around and switch.

If anyone has recent recommendations, post 'em up.

TD is also decreasing coverage. For example everything on the exterior of your home if damaged by hail is ACV instead of replacement cost.

[lazypucker]

My broker sent me a notice saying Aviva is leaving Alberta and now I will be out of both home and auto insurance when my current Aviva deal ends at the end of March.

Time to look for a new provider. What are some recommendations?

[undercoverbrother]

Originally Posted by lazypucker

My broker sent me a notice saying Aviva is leaving Alberta and now I will be out of both home and auto insurance when my current Aviva deal ends at the end of March.

Time to look for a new provider. What are some recommendations?

Isn't it your broker's job to find you a new insurer?

[Fuzz]

Well that sucks, I just got mined down to $1130 last June with Aviva. Suspect I won't get that deal elsewhere...

[InglewoodFan]

For folks who switched from TD, if you switched outside your renewal time how much did they ding you for switching early? I've searched their website but it is very vague. I need to get new house insurance as TD is ridiculous but renewal isn't until September.

[Wormius]

Originally Posted by InglewoodFan

For folks who switched from TD, if you switched outside your renewal time how much did they ding you for switching early? I've searched their website but it is very vague. I need to get new house insurance as TD is ridiculous but renewal isn't until September.

We got most of ours back (prorated for what we used). We paid $2700 in October and got back $1800 when cancelled in January.

[lazypucker]

So which provider seems to have the best rates now? Sounds like TD is NG and Aviva (who used to be good) is now leaving Alberta.

[bizaro86]

Originally Posted by InglewoodFan

For folks who switched from TD, if you switched outside your renewal time how much did they ding you for switching early? I've searched their website but it is very vague. I need to get new house insurance as TD is ridiculous but renewal isn't until September.

Our renewal had a chart on the back showing what fraction we'd get back depending on when we cancelled.

[ben voyonsdonc]

I ended up shifting from TD to Travelers Insurance through Insureline. Saved me about $1300 a year on home insurance. Pretty simple process actually.

I lost my multi line discount with TD but the cost savings definitely justified it. TD still had the best rates for my auto insurance but I’ll see if that changes at renewal time.