Home Insurance in Fort McMurray
As an oil boomtown, Fort McMurray has had some of the most expensive real estate in Canada. Protecting this investment is critical – something Fort McMurray residents know better than anyone else. Rogers Insurance offers competitive Fort McMurray home insurance quotes and experienced, professional home insurance brokers to help you understand your insurance, balance your coverage needs with your budget, and be your advocate if you have a claim.
Request a Fort McMurray home insurance quote online, by phone, or stop by our office. Or, you can read on to learn more about home insurance in Fort McMurray.
Home Insurance in Fort McMurray Covers…
Every home insurance policy in Fort McMurray is different, which is why it’s important to understand what’s covered with yours. There are many different options when it comes to your home insurance in Fort McMurray, including your coverage, deductible, and policy limits (the maximum amount that is paid out in the event of a covered claim).
Fort McMurray home insurance usually includes three main areas of protection:
- Third-Party Liability
- Property Damage
- Additional Living Expenses
This part of your home insurance offers protection in case someone is hurt or has their stuff damaged while at your home.
For example, let’s say someone visits your home and trips going down the stairs to the bathroom. They end up breaking their leg. They sue you to help cover the costs of their medical care and expenses related to their recovery time. Your home insurance could help cover your costs in such a scenario.
Your Fort McMurray home insurance can help protect you if your home and belongings are damaged or destroyed due to:
- Fire (including wildfire)
- Burst pipes
- Falling objects
- Impact by vehicle or aircraft
- Sewer Backup*
- Overland water (flood)*
Some of the above causes of damage marked with an asterisk require the purchase of additional coverage (called endorsements in insurance lingo) and may not be available to all homeowners. This list isn’t complete and your home insurance in Fort McMurray will vary depending on your insurer and your coverage options.
If your home and its contents are destroyed or damaged, your home insurance can help you recover. Generally, this includes funds to help you repair or rebuild your home as well as replace your belongings, including appliances, furniture, clothing, and more. Choosing the right policy limit for your property damage coverage is critical – you want to make sure it reflects the value of what you’ll need to replace.
Some things such as expensive bicycles, jewellery, art, and collections may require special add-on coverage to ensure they’re properly protected. Talk to one of our Fort McMurray home insurance brokers if you’ve got these items or if you have any other questions about what’s covered.
Additional Living Expenses
This coverage helps you out if you’re forced from your home due to a mandatory evacuation or an insured claim. It can help cover the additional costs that come with being forced from your home such as extra transportation and accommodation expenses.
Choosing the Right Home Insurance Coverage in Fort McMurray
If you’re not sure how much or what type of Fort McMurray home insurance you need, don’t worry. Work with a Rogers insurance broker – they will go over all of your options and help you determine your needs while keeping your budget in mind.
It’s important to have adequate home insurance coverage in Fort McMurray so you’re not left with a huge financial burden after a disaster – but you don’t want to be over-paying for too much insurance, either. That’s where a broker can help.
How to Get a Home Insurance Quotes in Fort McMurray
Here at Rogers, we can help you get competitive Fort McMurray home insurance quotes. We are an independent insurance brokerage which means we have access to a large number of home insurance companies – there is competition for your business which means lower prices.
The more information we gather for a Fort McMurray home insurance quote, the more accurate it will be. The most basic information will be your address, square footage, and when it was built. For a more comprehensive quote or full home insurance application in Fort McMurray, insurance companies require more information.
We can also discuss your coverage options and how they can influence your home insurance rates in Fort McMurray.
How much does Fort McMurray home insurance cost?
There are a number of factors that influence your Fort McMurray home insurance premiums, including:
- The age of your home
- The type and age of your roof and internal systems such as heating, electrical and plumbing
- Your neighbourhood and city – including crime rates, frequency of natural disasters, and more.
- Your proximity to dangers such as rivers.
- How close you are to the nearest fire hydrant and fire station.
- Your home’s security systems, such as smoke detectors, cameras, and exterior lighting.
- If you have a pool or a trampoline.
- Your insurance and claims history.
- Your credit rating.
- Your home insurance options including coverage, policy limits and deductible.
These factors all help determine your home insurance premiums because they help insurance companies predict how likely it is that you will have a claim. The riskier you are deemed to be, the more expensive your Fort McMurray home insurance rates will be. But there are a few things you can do such as installing security features and damage mitigation devices (such as sump pumps).
Talk to one of our experienced home insurance brokers in Fort McMurray if you have concerns about your rates or if you’re wondering what you can do to reduce the cost of home insurance in Fort McMurray.
Work with a Trusted Fort McMurray Home Insurance Brokerage
We’ve been a trusted insurance broker in Alberta since 1977. As one of Canada’s leading and largest independent insurance brokerages, we can provide true choice and competition for your business. We work with a large number of Fort McMurray home insurance companies and deliver competitive quotes.
If you’re not sure where to start or if you’re simply price shopping, get in touch with us. We believe in a hands-on, human-first approach to insurance and you’ll notice the difference in our customer service. You can request a Fort McMurray home insurance quote online, by phone, or stop by our office.