Ontario insurance companies offer a wide variety of plans to choose from. It can be confusing and even intimidating to sort through all of the different options to finally get to the plan that is right for you. A good insurance representative will talk with you first to find out what you want and need, and only then present to you what he/she feels are the best options. With years of experience or training, a good insurance representative should offer you unbiased, accurate and helpful advice that should ideally save you from hours of research and stress.

Insurance Representatives Offering Ontario Insurance Quotes Should:

• Have a positive reputation. Are they known to get people insurance policies that are the right fit for them? Do they have a positive attitude, treat people with respect and respond quickly to inquiries? What types of reviews have people given the individual or company?
• Have the experience and knowledge to answer your questions. You want someone who understands exactly what you need and knows where to shop to get you the coverage you need for your specific circumstances.
• Offer a variety of options from different providers to ensure you receive the best plans at the best rates. Will the insurance representative provide you with multiple Ontario insurance quotes giving you many options, or does that person only work with one or two providers?
• Explain the cost(s) versus the benefits of each quote provided. You deserve to know which plans give you the most value for your money, and why.
• Only present you with options that meet your criteria as close as possible
• Have keen knowledge of Ontario insurance companies, products and plans offered and general pricing for different types of coverage.

In order to prepare for a meeting with an insurance representative, you should write down some key points that will help you keep the meeting centered on the areas that are of topmost concern for you. The questions below will assist you prepare. If you are at a complete loss of where to begin, start by offering the representative your top priorities. A good representative will be able to guide you from there. In realizing what is most important to you, you will be able to verify that you are receiving quotes for the insurance coverage you actually want and need.

• What you are insuring? You can get coverage for travel, your mortgage, injury, illness, disability or death.
• What do you want from your insurance plan? Some plans will provide a payout on a specific date, others only on death. Some will pay off your mortgage; others provide a payment to your beneficiary or estate.
• What is your budget? Your budget may determine your coverage. You may find that a term life insurance policy is more economical than a permanent life insurance policy, but you may prefer the investment aspect of permanent life insurance, with a payment on that investment at the end of the policy.
• How long do you want insurance coverage for? Are you looking for coverage for a trip, 5 years, 10 years, 20 years or life?
• How easy is it to make changes? Life circumstances change, thus insurance needs will change. You should know ahead of time what you would need to do should you need to remove or change specific clauses, make changes on beneficiary information or even completely change your coverage. You should ask if there would be extra costs involved to make changes, if you can add or take away coverage, and ultimately, what the process would include if you decided to cancel your policy entirely or get a new one.

If you have the right insurance representative, that person will ensure that all of your priorities are addressed and met and, in turn, you will feel confident that you are receiving the best possible insurance policy. If that person can also shop around for you, you will also feel confident that you are receiving the best rate.

Ontario insurance quotes can vary greatly, but by using the above tips, you will have the peace of mind knowing that you’re getting a good product that feels like it was custom made just for you.

For more information about obtaining a quote in Ontario, please contact us!