In a tough insurance market, we are proactive, prepared, and capable to offer competitive insurance solutions for your family and business. As the provincial rate freeze for automobile insurance increases has expired, we will certainly be seeing increases across the board in the next year on insurance premiums.
If you are a current Beyond client, you have already been benefiting from our proactive approach to insurance renewals. Each renewal is personally reviewed and we take great care in making sure your coverages and policy information is up to date and that your rates are competitive. We actively go to market for you when a policy has a large increase on renewal, and share the market results of numerous insurers. As we navigate the changing insurance marketplace together, you can rest assured our team is working diligently to provide the service you deserve for your insurance needs.
Our posted image is a great infographic from IBAA – Insurance Brokers Association of Alberta on what’s behind the premium increases.

cyber liability

What is CYBER LIABILITY Insurance and why do you need it? Cyber liability protects you in the event of a security breach. Potential damages, such as stolen personal information, financial information, or even a database ransom situation, can be covered or mediated with cyber liability coverage.

You should consider including Cyber Liability Insurance if:

  1. Your business interacts with clients and customers
  2. You collect private information or payment details

This insurance protects your business, your clients, and even your business partners, and a cyber liabilit policy provides resources to adequately communicate, restore, and secure your systems in the event of a security breach. Feel free to contact us for more info on this! We’re happy to provide our expert advice on any insurance questions or concerns you might have. As your Red Deer insurance broker, we pride ourselves in providing the most current coverage options, at the best rate.
#ShowMeBeyond

water coverage

If you haven’t reviewed your home insurance policy in the last year or two, it’s possible you don’t have both SBU and Overland Water coverage.

What is SBU? Sewer systems are typically gravity-based and flow through to a wastewater treatment plant. When a sudden heavy rainstorm flushes debris into mainline storm sewers and sanitary sewers, sewers can back up into homes and businesses.
What is Overland Water? Water damage caused above the ground such as; the overflow of a lake or river, heavy rain, or rapid snow melt that enters your home from a point at or above ground level.

Canada’s costliest natural disaster ever was the June 2013 torrential rainfall that flooded towns in southern Alberta. Insured damage alone was more than $1.72 billion. Since then, insurers have introduced both Sewer Back-Up and Overland Water as separate coverages on home insurance policies, with each company offering a different rate and limit for these perils.

Many insurance companies will exclude a claim involving both Sewer Back-Up and Overland Water unless both coverages have been purchased. As your insurance broker, we do a comprehensive review of your policy and find the insurance best suited for your water coverage needs in your specific area.

Handy Tip:
Prevent sewer overflow in your basement by installing a backwater valve & sump pump; Many companies will offer a discount on your home insurance policy for having a backwater valve, or sump pump installed. Also, If you also have an alarm system installed, you may be able to add water monitoring to save premium dollars.

pink slips

Breaking News! Do you know those pink cards that you always forget to switch out and replace when your Auto Policy renews? Well, the Superintendent of Insurance of Alberta released a bulletin permitting the use of Electronic Proof of Auto Insurance or #eSlips, in the province.
This means that drivers in Alberta can now choose to store and display their proof of auto insurance digitally (on their phones or smart device 📱)! Another reason why we are happy to be digital and mostly paperless. Yep! Those renewal emails we send you? You can keep them and store your pink slip on your phone as proof of insurance.

Here’s a home insurance pro tip: Consider a separate endorsement for high value items and jewelry. Most companies offer a blanket limit between $6000-$10,000, but this depends on the company. If you have certain pieces of high value, check with us, your insurance broker, to see if they’re worth scheduling.
#ShowMeBeyond

Red Deer Insurance broker writes: Today is our one year anniversary! We are so happy to be celebrating year one and we are just so thankful to be sitting here today reflecting on year one. As we sit and reflect, we’re feeling very nostalgic and so incredibly grateful to the amazing clients, local businesses and families who have chosen to support us in our first year. You have made our risk worth it! It has been a year of incredible growth and we are honored to insure friends, family, old and new acquaintances, and lots of amazing businesses. How cool is it that we now get to do business with the local businesses we would frequent as customers.

We are proud to always strive to be better, so thank you for supporting us through our year one growth and growing pains. Your support of our business has a direct impact on our family, so we are posting this photo to show you who you are impacting with your choice to do business with us. Your support of our business has allowed us to support our family and it is now opening up opportunity for us to hire staff and support them in building a life in our community.

Thank you, thank you, thank you. We have big plans for our company and we are so grateful to have client like you supporting us on this journey.

– Matt & Andy Cassidy

Discounts and Deductibles: What you want to know

Red Deer Insurance broker writes:

With 2018 upon us, now is a great time to review your family insurance portfolio to ensure you are receiving the best insurance for your premium dollars. We asked what topic of insurance would be of additional interest in our Central Alberta Community, and you answered! Discounts and Deductibles play a big part on how much you pay for your insurance. Are you getting all of the eligible discounts on your home and auto insurance? What kind of deductible options are available and why do they matter? As you know, we broker for top rated Canadian insurance companies. We quote your policies with all of them to be sure to present you the best package and price for your insurance portfolio needs. We take pride in staying up to date with the latest trends in coverage & endorsements, to ensure your insurance policy provides value for your hard earned premium dollars.

Deductibles: Most understand that the higher the deductible, the lower the premium. However, as insurers adapt to our changing weather, there can be advantages in reviewing your specific deductible needs & assessing whether you’re able to make specific changes to meet your needs with respect to Wind, Hail, Sewer Back Up, and Overland Water risk. If you have invested in reducing the chance & severity of a claim, perhaps you can take advantage of a higher deductible for premium savings, without blanketing your entire policy with a higher deductible.

Discounts: Again, we are now seeing insurance companies adapt to clients making proactive choices when it comes to claims. Beyond simply the standard discounts for Alarm Systems, Claims Free History, and Multi-Policy, we are now seeing additional incentives for weather resistant exterior & shingles, installing sewer backup prevention like sump pumps, cold weather monitoring, among others. For vehicles, installing aftermarket products like GPS tracking with vehicle shutdown, animal collision bars, and other devices can now generate additional discounts with some companies. You may have invested to protect your property, and insurers are now responding to offer a more customized product.

If you have more questions on discounts and deductibles, or anything else regarding your home, auto, farm or commercial insurance, we are here to chat! You can find us online almost any hour or the day via Facebook, Twitter, or Instagram. You can also contact us through our website at Beyond Insurance

 

Red Deer Insurance broker writes:

It’s exciting times over here at Beyond Insurance. We are proud to announce that our brokerage is growing and we’d like to introduce our newest broker, David Westwood. David began working as an insurance broker in 2015, and brings previous experience in customer service from the telecommunication industry. He is dedicated to helping clients navigate through their policies, and ensuring they’re getting the best combination of value and coverage. Born and raised in Lacombe, David now makes his home in Red Deer. He completed his Bachelor of Arts degree in Psychology through Red Deer College and the University of Calgary collaborative program. David currently referees for the National Lacrosse League and also officiates junior and senior hockey in Alberta. He is dedicated to helping the next generation of officials in these two sports as a director in the respective referee associations’ boards. Away from the office and the rink, David spends his down time with his family and taking in the local central Alberta culinary scene. We are happy to have him on board. Feel free to pop into the office and meet David, or send him a message to say hi. He’s happy to answer any insurance questions you might have on our online chat bot at www.beyondinsurance.ca

Red Deer Insurance Broker Writes:

Uber is coming to Red Deer! This revolutionary ride sharing service offers a unique opportunity to earn a little bit of extra cash by sharing your vehicle in Red Deer & Central Alberta. However, how does it impact your insurance policy? Certain insurance companies are embracing the changes with additional coverage to properly address the new exposure of carrying passengers for a fee, while other insurance companies are looking to see proper commercial policies in place to compliment the personal use insurance. If you are considering making Uber ride sharing part of your income this fall, as your insurance professionals we can help you navigate the different insurance options available to you as a driver – so that you can enjoy the benefits of being a ride sharing driver, without adding unforeseen insurance risk to the experience. Visit our website for a quote or to make an appointment to chat about your insurance questions. Don’t forget to follow us on Twitter (@InsuranceRD) and Instagram (@InsuranceRedDeer) to stay up to date on what we’re up to!

Red Deer Insurance Broker Writes:

What is SBU?

Sewer systems are typically gravity based and flow through to a wastewater treatment plant. When a sudden heavy rainstorm flushes debris into mainline storm sewers and sanitary sewers, sewers can backup into homes and businesses.

What is Overland Water?

Water damage caused above ground such as; overflow of a lake or river, heavy rain, or rapid snowmelt that enters your home from a point at or above ground level. Canada’s costliest natural disaster ever was the June 2013 torrential rainfall that flooded towns in southern Alberta. Insured damage alone was more than $1.72 billion. Since then, insurers have introduced both Sewer Back Up and Overland Water as separate coverages on home insurance policies, with each company offering a different rate and limit for these perils.

If you haven’t reviewed your policy in the last year or two, it’s possible you don’t have both SBU and Overland Water coverage. Many insurance companies will exclude a claim involving both Sewer Back Up and Overland Water, unless both coverages have been purchased. As your broker, we do a comprehensive review of your policy and find the insurance best suited for your water coverage needs in your specific area.

Handy Tip:

Prevent sewer overflow in your basement by installing a backwater valve & sump pump; Many companies will offer a discount on your home insurance policy for having a backwater valve, or sump pump installed. Also, If you also have an alarm system installed, you may be able to add water monitoring to save premium dollars.

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