<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=454479291403716&amp;ev=PageView&amp;noscript=1"> Armour Insurance Blog | Insurance Premiums
Armour Insurance Blog

Why Insurance Rates Are on the Rise

Posted by Rob Stevenson on Sep 24, 2019 4:13:44 PM

When the New Alberta Government allowed the Auto Insurance Rate Cap to expire on September 1 of 2019 almost every insurance company in Alberta applied for rate increases. Some requests are in the 10-20% range. We will find out this Friday (September 27th) what kind of increases have been approved and what to expect in the coming months.

Read More

Topics: Auto Insurance, Car Insurance, Insurance Premiums

What is a Backwater Valve? Can it Reduce My Home Insurance Rates?

Posted by Rob Stevenson on Mar 3, 2014 3:48:00 PM

If you've been following the latest updates to home insurance in Alberta the past couple of months, you've heard mention of Backwater Valves and Backflow Prevention. There are a number of new and existing home insurance discounts that require you you have this device. Not to mention that it just might save your basement one day.

Read More

Topics: insurance edmonton, home insurance, home insurance, home insurance, Home Insurance Tips, Home Insurance Tips, Basement Flooding, Basement Flooding, Homeowners Insurance, home, Homeowners, Insurance Premiums, Home Insurance Blog, home maintenance

Are Alberta Insurance Rates Really Going up 30% or More?

Posted by Rob Stevenson on Oct 9, 2013 8:30:00 AM

insurance rate increaseThere have been a number of warnings from media and the insurance industry about Alberta rate increases over the past while. Weather and flood damage has take it's toll on insurance company coffers over the past couple of years and it's true that they are making adjustments to help sustain insurance products that work for all Canadians.

Read More

Topics: flood insurance, Car Insurance, home insurance, Catastrophes, flooding, Insurance Premiums

Catastrophic Losses - Are they Increasing?

Posted by Bill Reay on Dec 11, 2012 9:41:00 AM

With all the talk about the Mayan calendar these days, it seems like a good time to look at what trends have been going on in the last year with regards to catastrophies and how it relates to our coverage and premiums.

Read More

Topics: Insurance Claims, Catastrophes, Insurance losses, Insurance Premiums