Auto insurance customers in Alberta are beginning to see the effects of the industries struggles this month. The AIRB has approved rate increases for insurance companies in Alberta, some of which have gone into effect at the beginning of November. This will leave many consumers wondering what can be done to ensure I'm getting the best value as the entire industry takes on a rate increase. That's where your broker comes in.
Because we are an Insurance Broker, we deal with many different insurance companies. We're experts on their rating, risk appetite, policies and future plans. We're on a first name basis with their underwriters and management staff. This allows us to look for better value within our network and eliminates the need for our customers having to shop around.
Often times bouncing around between different insurance providers can affect your rates adversely in the long run, so this is always taken into account. In a market like this, where all insurance companies are increasing premiums across the board it is more important than ever to rely on the advise of your insurance broker. We have a broad understanding of what's happening insurance company rates and coverages. Armour Insurance works very closely with our company partners and we believe this puts us in a much better position to be an advocate and resource for our customers especially in times of need like we will be experiencing this year.
You insurance broker is here for you. If you have more questions please give us a call. For more information on what's happening with Alberta Insurance please see below: