Island Insurance is an independent insurance brokerage that offers home, auto, business, marine, life, and several other insurance options through a network of partners. Go to the Service Area tab to know more about us.

To lower your insurance premium, you’ll have to ask your broker to do the following:

  • They could increase your share of the claim by increasing the amount you’re paying. This will also decrease the premium
  • You buy a car that has a lower insurance rating
  • You bundle your home insurance and car insurance policies
  • You forego collision coverage on an older vehicle

A deductible is a portion you’re responsible for if there’s a claim. For instance, if your insurance policy has a deductible of $1,000 and the damages were of $7,000, you’re going to pay $1,000, and your insurance company will cover the rest.

At Island Insurance, we assess your insurance needs based on the information you provide to us about your vehicle, home, business, and other assets. If you’re opting for home insurance, letting us know of the complete inventory in your home will help get you the most appropriate coverage for your particular case. In the case of insurance, the more information you provide, the better.

Collision coverage can protect your car when damaged in an accident. If you’re at fault in an accident, our auto insurance policies can protect you from paying hefty costs. Collision coverage can also help you pay for storage and towing even when you caused the crash. However, collision coverage is optional in our insurance clauses.

The Insurance Corporation of British Columbia. You can find out more about them by visiting their website.

When Island Insurance calculates your premium, we take several things under consideration. Some of those things are:

  • The claims you’ve made in the past
  • Where your home is located
  • The amount of protection you want
  • The condition and age of your home
  • If you work at home or not
  • The years you’ve lived in your home
  • How you heat your home
  • How close you are to firefighting support
  • If more than one family uses your home