Get Asset Protection with Affordable Insurance in Levis

Are your valuable assets properly insured against damage? You can get affordable insurance for your home, automobile, and business in Levis.

With Compare Insurances Online, you can receive free insurance quotes from 3 leading insurers in Levis so you can choose the best insurance deals.

You can also get the right life insurance coverage to make sure your loved ones will have a secure and worry-free future if something should happen to you!

Paying insurance premiums can seem burdensome but they are truly worth it for your peace of mind.

Whether it is your home, auto, business or life insurance, you will sleep better at night in knowing your assets are protected against damage.

Fill out the form on this page to get FREE and NO OBLIGATION quotes to save time and money!

Assess Your Coverage for Life, Auto and Home Insurance

It’s quite normal to want to yawn when talk gets around to insurance.  Yet, it is definitely important to know about insurance and how you can protect your most important assets.

Your business, whether small or big, needs insurance to ensure your hard-earned capital and efforts are not put at risk. Same goes for your home and your vehicle, which when damaged, can expose you to huge expenditures or losses.

The best way to know what types of insurance you need and how much insurance you need is to make an inventory of your assets and your liabilities.

And don’t forget, your most important asset is your life. Don’t neglect to ensure that you also have adequate life insurance protection to protect your legacy to your loved ones.

Compare Life, Home, or Auto Insurance Costs with Free Online Insurance Quotes

If you own a vehicle, you surely have auto insurance already. Are you satisfied with your current policy or do you feel you are paying too much?

For your home insurance, do you have adequate coverage for damage against necessary perils? You can upgrade from basic coverage to all-risks home insurance coverage for more comprehensive protection.

It is important to check if your current insurance policies provide you with adequate coverage so you can maximize the benefits of your insurance.

Remember, it only takes one accident or one loss to wipe out your entire savings if your damage is not covered by your policy.

Why is home insurance important?

Is your home your largest asset? If you lose your home because of a fire, do you have enough cash to rebuild it?

Home insurance coverage is essential for every homeowner in Levis. It can help to repair damage due to risks such as falling objects, water damage, etc. It can also provide funds to rebuild your home after a fire.

Home insurance protects the structure of your home and your personal belongings. Thus, if a fire destroys your home, you get cash to rebuild your home and replace your lost belongings, too. Replacing all of your personal items with your own savings can wipe you out. With insurance, you can be sure to have the money to start over again.

This type of insurance is not mandatory in Quebec but every homeowner should have it.

What does home insurance cover?

Home insurance does not cover all risks. If you roof gets damaged due to normal wear and tear, you can’t run to your insurer for help with that. However, typical home insurance policies can compensate you for damage or loss due to the following:

• Theft
• Fire
• Smoke
• Falling objects
• Lightning
• Windstorm
• Hail
• Vandalism
• Accidental glass breakage due to snow or ice

Insurers offer extra protection with endorsements. These are add-ons to your policy with additional charges on your premiums. Examples of endorsements are for:

• Comprehensive water damage coverage
  (in-ground water, sewer back-up, storm surge, etc.)
• Earthquake

Home insurance covers much more than just the structure of your home. It also covers:

• Damage or theft of your personal belongings in your home
• Damage or theft of belongings of your family members in your home
• Theft of your property inside your vehicle

It also has a liability coverage that helps pay for damage you cause to other people’s property or injuries that occur when someone visits your home.

In summary, the most basic homeowner’s insurance usually covers the following:

• Your dwelling
• Detached structures in your home (shed, garage, etc.)
• Personal property
• Liability
• Living expenses (when you need to stay elsewhere while your home is damaged by a covered risk)

Replacement Value for Building

Your home insurance policy indicates the replacement value assigned to your property. You can choose between guaranteed replacement cost (cost to repair or rebuild your home) or replacement value (depreciated cost).

If you choose guaranteed replacement cost, your insurer compensates you for the actual cost of rebuilding even if the amount surpasses the amount of your insurance.

If your policy is only for replacement value, the insurer will compensate you for the value of your property at the time of damage, up to the maximum insured amount. In case of damage, you will shoulder the remaining balance of the cost to rebuild or replace your home.

Home Insurance in Levis Comes in Many Forms

Do you have the right home insurance coverage for your home in Levis? The main challenge to finding the best homeowner’s insurance is deciding which coverage works best for your needs.

Condo insurance is also available for condo owners and tenant insurance to cover personal belongings of renters. These two types of policies are different from homeowners’ insurance. Tenant insurance is popular in Quebec and has very affordable premiums.

Whatever you need for your home, our partner insurers and brokers can help you find the right coverage that suits your needs!

All-Risk Insurance Coverage for Ultimate Protection

One significant advantage of all-risk insurance is the fact that it covers most perils to your property, including:

• ✓ Vandalism and theft
• ✓ Fire
• ✓ Water damage from home appliances and burst pipes
• ✓ Damage from falling objects
• ✓ Accidents such as floor damage from spills

For condo owners, all-risk home insurance can also cover improvements you have made to your unit that are not covered by your condo corporation’s insurance.

If you have an insured loss life fire that makes your home unfit for occupancy, your insurance can also cover additional living expenses while repairs are being done.

Save on Insurance Premiums when you Bundle Home and Auto Insurance

If your home or auto insurance is up for renewal, it may be a good time to reassess your insurance coverage.

When you bundle your home and auto insurance with one insurer, you can qualify for huge discounts that could amount to hundreds of dollars.

Check our free insurance quotes for home insurance and auto insurance to receive competitive quotes from 3 top insurers in Levis.

Be Insured Against Damage to Minimize Potential Losses

Insurance is certainly nothing new; it has been around for more than 4 centuries.  Because of changing consumer needs, insurance products have adapted to the times and are now available for all kinds of risks – life insurance, home insurance, automobile insurance, business insurance, and more.  The underlying principle is that if there is a risk with a possibility of loss, it must be insured.

Is Insurance Mandatory in Quebec?

Auto insurance is mandatory in Quebec, at least for civil liability for a minimum of $50,000. This coverage is for property damage that a driver may cause to others.

Home insurance is not mandatory unless you have a creditor or financing for your home.  However, it is highly recommended that a home be insured because the financial risks in case of damage are quite high.

Auto insurance has a public plan and a private plan. The SAAQ administers the public insurance plan for injuries caused by vehicular accidents. Under a no-fault system, drivers cannot be sued for physical injuries but victims are compensated.

The private auto insurance you buy will be responsible for damages to another vehicle or property from a vehicular accident. You can choose to get coverage for damage to your own vehicle, if you are at fault. (optional) The private insurer will also pay for damages and injuries if the accident occurs outside of Quebec and the insured driver is at fault.

Home insurance is not mandatory unless you have a creditor or financing for your home.  However, it is highly recommended that a home be insured because the financial risks in case of damage are quite high.

Take Steps for Damage Prevention

But while we insure all our assets against all types of risks, it is equally important to take steps to prevent damage.

Whenever we make a claim against our insurance, our insurance rates can also increase.

1. Always inform your insurance broker or company about any improvements you make to your property. You can then receive valuable advice about your insurance coverage and if there is a need to make adjustments to your level of protection.
2. Many claims from home insurance can be avoided if homeowners ensure preventive measures. Take stock of your home’s security, plumbing and heating systems.
3. Be well-informed about the inclusions and exclusions of your home and auto insurance. Understanding how your insurance coverage works is key to effective protection from possible losses.

Best Prices for Auto Insurance with Free Auto Insurance Quotes

All vehicle drivers in Levis have an idea of what they want from their insurance coverage. Thus, it is important to be able to compare multiple auto insurance quotes to find tailored solutions to your needs.

Understanding the many types of auto insurance options can be confusing and overwhelming. Majority of private insurers provide the mandatory Quebec auto insurance but also offer other options as add-ons to improve your coverage.

For example, you are required to have liability coverage for other vehicles, property, and other drivers if you are involved in an accident. However, it would be great if you also had other specified perils.

You can also take advantage of features such as claims forgiveness, roadside assistance, transportation, disappearing deductibles, and more.

Life Insurance for the future of your dependents

Many people don’t like to talk about life insurance and that’s okay. But don’t be uninformed just because you don’t like sales pitches from agents. You can do your own research and find the best life insurance that meets your needs from your home or office.

You see, life insurance is a very important part of planning your financial security. Because life is full of unexpected events, it is best to prepare so that your family won’t be left out in the cold.

Who needs life insurance? Whether you are single or married, young or older, if you have dependents who count on your financial support, you need life insurance.

Even if you have saved some money in the bank, own a home or a business, if you have debts and financial obligations, you need life insurance.

This is because life insurance provides a tax-free cash benefit to your loved ones which can be used to pay for the mortgage, loans, educational expenses, living expenses, credit cards, and even final expenses, if you should suddenly pass.

With a guaranteed death benefit for your family, they can mourn your loss without the added worry of how to pay the bills.

Choosing the right life insurance in Levis

When it comes to life insurance, you have 2 options – term life insurance or permanent life insurance.

Term life insurance is coverage for a specific period (5, 10 15, 20, or 100 years).  You can choose the right term based on your needs. For instance, if you want life insurance until your mortgage is fully paid, you can choose term 20 years. If you only want life insurance while your business is starting and your leverage is high, you can choose term 5 or term 10.

It is important to choose the right term because when your policy expires and you decide to continue coverage, the insurer will renew your policy at a higher price. If your health has deteriorated, the insurer can also refuse to renew your policy.

It is important to understand that death benefits are paid only if the insured dies within the term. This means that if you outlive your policy, you don’t get any return of premiums.

Permanent life insurance, on the other hand, is for lifetime coverage. Thus, it doesn’t matter when the insured dies because death benefits are guaranteed. Permanent life insurance comes in 2 forms -whole life and universal life insurance.

The main advantage of permanent life insurance, aside from its lifetime protection, is cash value. It helps you build wealth as the policy accrues value which you can borrow against if you need money.

Many insurers offer permanent life insurance with living benefits and death benefits. The main drawback to this type of insurance is that it is much more expensive than term life insurance.

You can refer to our article about planning with life insurance based on how long you may live so you can manage your finances.

Other types of insurance that can protect you and your family

Did you know that you can plan your financial security with insurance in case you are stricken with a disability or a critical illness?

Many insurers in Levis offer life insurance with critical illness or disability.

Disability insurance, also called salary insurance, pays the insured cash benefits when they become disabled and cannot perform their usual occupation or need to recover from an injury.  With this type of coverage, you can focus on recovery and not worry about bills piling up. You can use the cash to pay for medical bills, living expenses, credit cards, or your mortgage.

Self-employed individuals will benefit a lot from this type of coverage. Your employment insurance will not be enough if it has a maximum benefit period of 15 weeks and only pay 55% of your regular income.

When shopping for disability insurance, make sure to check the waiting period offered by the policy before you can start receiving benefits and for how long.

Critical illness insurance is offered by many insurers in Quebec as a component of their life insurance product. This type of coverage pays cash benefits when the insured is diagnosed with a critical medical condition such as cancer, stroke, heart attack, etc.

The tax-free benefit can be used to pay for medical bills, living expenses, loans, mortgage, and other expenses.

While the Régie de l’assurance maladie du Québec will pay for medical expenses related to your serious illness, your critical illness insurance policy can help cushion the impact of losing your income.

You can compare critical illness or disability insurance products using our short online form, free of charge!

Just fill out the form below to receive no-obligation quotes from
reputable insurance companies in Levis.

Top Questions about salary and critical illness insurance

Are you interested in salary insurance or critical illness insurance but have questions in your mind? Below are a few relevant questions about these types of insurance.

What medical conditions are covered by critical illness insurance?

This type of policy covers serious medical conditions such as heart attack, stroke, cancer, kidney failure, major organ transplant, coronary bypass, etc. Covered conditions may differ among insurers so make sure to compare multiple policies.

What is the maximum amount for critical illness insurance?

This amount may vary among insurers but you can get as much as $2 Million in coverage.

What are the exclusions of critical illness insurance?

As with any other life insurance product, there are some exclusions to critical illness insurance. Cash benefits are not paid if covered conditions are a direct result of the following:

• intentional or self-inflicted injury
• drugs or alcohol abuse
• while committing a crime
• while operating a motor vehicle while under the influence of alcohol or drugs
• other exclusions as stated in the policy.

Is critical illness coverage effective for a lifetime?

Most insurers offer this protection up to a maximum age, generally 70 years old.

Is disability insurance necessary if I have group insurance?

While group insurance can certainly help during a difficult time after an injury, benefits could end if you quit or get separated from your company. It may also not be enough to cover your bills. Disability insurance can augment your group benefits to maintain your quality of life.

Is disability insurance expensive?

Disability insurance is surprisingly affordable, especially if you buy at a younger age. You can compare free quotes from multiple insurers using our short online form below.

What is short-term and long-term disability? Are they both covered?

Short-term disability is when you are unable to perform your normal job because of an illness or injury. Generally, benefits are paid up to 24 months.

Long-term disability is the complete inability to perform any job due to illness or injury. It can pay benefits for up to age 65 or as specified in the policy.

Is a medical exam required to buy critical illness insurance?

Many top insurers don’t require a medical exam for critical illness insurance but you may have to answer a health questionnaire.

Get Coverage with Levi Insurance Brokers and Insurance Companies

If you live in Levis, you naturally want an insurer that has adequate presence in your area and has a good reputation for providing insurance in Levis.

Our partner insurers cover all areas in Levis, such as:

• Desjardins
• Les Chutes-de-la-Chaudiere-Oues
• Les Chutes-de-la-Chaudiere-Es

You can find a Levis insurance company that can give you the special attention you deserve.

Request for free insurance quotes from Compare Insurances Online and connect with the best insurers from your area.

No matter what type of insurance you need, we are here for you.

Get Coverage with Levi Insurance Brokers and Insurance Companies

If you live in Levis, you naturally want an insurer that has adequate presence in your area and has a good reputation for providing insurance in Levis.

Our partner insurers cover all areas in Levis, such as:

• Desjardins
• Les Chutes-de-la-Chaudiere-Oues
• Les Chutes-de-la-Chaudiere-Es

You can find a Levis insurance company that can give you the special attention you deserve.

Request for free insurance quotes from Compare Insurances Online and connect with the best insurers from your area.

No matter what type of insurance you need, we are here for you.

Fill-out our short online form to receive the most affordable insurance prices today for your home, auto, business, or life insurance needs.