Kunal Sharma - iSmart Insurance Broker

Insure your High-Net-Worth Home & Auto in ‘June 2024’ and ENTER TO WIN “APPLE WATCH”

Call me at
+1 (403) 568-8989 in Calgary
+1 (780) 250-2434 in Edmonton
GET A QUOTE IN 5 MINUTES

Introducing at iSmart Insurance
🔴Home & Auto Insurance for High-Net-Worth Clients
🔴Protecting a Unique Lifestyle!

✅ is one of Limited Brokers in Alberta who can now offer customized coverage to our customers through Intact Prestige Avenue providing all the tailor-made coverages offered by Intact Prestige to suit the unique lifestyle of customers who have acquired multiple properties, priceless valuables, art collections and more. It includes customized products, tailor-made coverage, unparalleled expertise and a second-to-none claims experience.

✅ You will have access to high coverage limits and can protect your valuable jewelry, wine, and fine arts.

✅ Of course, the excellent iSmart Insurance service we provide goes beyond expectations!

High-Net-Worth Home & Auto INSURANCE...
Not Everyone Wants It
BUT
Everyone NEEDS It!
Best Home & Auto Insurance in Calgary | Best Insurance for High-Net-Worth Clients
At iSmart Insurance, Insure Smart Save Big !!!

Our Prime Services

✅ Home & Auto Insurance

✅ Trucking Insurance

✅ Commercial Insurance

✅ Super Visa Insurance

✅ Glass Insurance - Auto & Home

✅ Many more




For more info:

Visit our website: https://ismartinsurance.ca/

Call us at
+1 (403) 568-8989 in Calgary
+1 (780) 250-2434 in Edmonton

GET A QUOTE IN 5 MINUTES

Save up to 40% on Commercial Insurance.
Retail Stores - Restaurants- Contractors - Auto Garages & more.
iSmart Insurance is Your One-Stop Shop for Best BUSINESS Insurance Plans Designed - Just for You!
Get the Lowest Rate with the Best Customized Coverage!

At iSmart Insurance you “Insure SMART, Save BIG”.
Bundle up HOME & AUTO insurance and get up to 75% Discounts.
1. Transportation Insurance
2. Retail Stores Insurance
3. Restaurants Insurance
4. Construction Insurance
5. Contractors Insurance
6. Auto Dealers Insurance
7. Surety Bonds
8. Seasonal Dwelling
9. Rental Properties
10. Motorcycle Insurance
11. Air BnB Insurance
12. Auto Glass Insurance
13. Special Event Insurance
14. Life Insurance
15. Travel & Supervisa Insurance
and More

For more info:
Visit our website: https://ismartinsurance.ca/
Call me Direct at +1 (403) 978-5039
Calgary +1 (403) 568-8989
Edmonton +1 (780)250-2434
GET A QUOTE IN 5 MINUTES

Call me to Insure SMART, Save BIG:
Calgary: 403-568-8989
Edmonton: 780-250-2434

💧 PREVENT WATER DAMAGE 💧
Know What’s Covered and What’s Not!
Did you Know? Floods are the most frequent natural disaster in Canada. Are you prepared?
Follow these tips to help Protect Your Property from water damage Flood Preparedness. �
* Water Damage and Flood Protection
* Flooding and related sewer backup damage is costly for homeowners, businesses, municipalities and insurance companies. But there are steps you can take to help reduce your risk. Take action indoors and out to help prevent flooding and contact your insurance representative if you have questions about your coverage.

Water Damage and Flood Protection
Flooding and related sewer backup damage is costly for homeowners, businesses, municipalities and insurance companies. But there are steps you can take to help reduce your risk. Take action indoors and out to help prevent flooding and contact your insurance representative if you have questions about your coverage.
* Prevent water damage
* Know what’s covered and what’s NOT covered

✅ Indoors and outdoors, there are simple things you can do to help prevent water damage to your property. Follow these precautions to protect your home from flood risks and water damage:
* avoid keeping valuable items in the basement
* don’t pour fats, oils and grease down your drains
* raise large appliances, furnaces, hot water heaters, electrical panels and oil tanks above any anticipated flood levels
* use water-resistant building materials below ground level
* install a sump pump with a battery backup
* install a backwater valve as recommended by your municipality
* some municipalities may offer subsidies to offset the installation cost
* always follow legal requirements set by your municipality
* some insurers may also provide incentives for installing backwater valves and/or sump pumps
* reduce home water use during and immediately after heavy rainfalls
* install flood shields or barriers for basement windows and doors that extend above ground level
* ensure proper lot grading. if possible, build up the ground around your house so that water will drain away from basement walls
* landscape with plants that resist soil erosion
* keep water out of window wells and snow away from the foundation
* clean and maintain downspouts and eavestroughs at least once a year
* keep any nearby city storm drains free of leaves and other debris
* check that sidewalks, patios, decks and driveways don’t shift over time and cause water to drain toward your house
* disconnect downspouts that are connected to weeping tiles or french drains
* ensure downspouts extend at least six feet from your basement wall and drain water away from your home and neighbouring properties
Know what’s covered and what’s not covered
Speak to your insurance representative at iSmart Insurance to confirm the specifics of your policy. If you have a swimming pool or hot tub, ask about options to insure it. A home insurance policy typically covers:
* sudden or accidental water damage caused by indoor plumbing, heating or air conditioning
* water damage caused by the malfunction of appliances such as washing machines, or dishwashers washing machines is usually covered – but the cost to repair the appliance that caused the problem is not usually covered
* damage related to the escape of water from a broken water main – whether it occurs on or outside your property
* water damage to the interior of your home caused by water entering through a roof leak – but the roof damage isn’t covered if it’s due to wear and tear or poor maintenance
Insurance is meant to cover sudden and accidental loss or damage. The following events are either not covered, covered in limited circumstances and/or require optional coverages:
* Damage arising from the freezing of indoor plumbing may not be covered if:
* you’re away during the normal heating season, many insurers require plumbing to be drained or your home be checked regularly or daily to ensure that heat is maintained – check with your insurance representative to confirm the necessary intervals for checking the property
* freezing-related damage that occurs despite these precautions, is typically covered by a home insurance policy
* Damage arising from ice buildup on roofs and eaves is typically not covered by a standard policy. This is usually due to a problem with attic insulation.
* Optional coverage for water damage caused by roof ice damming may be available
* Damage caused by the backing up of sewers and drains is typically not covered by a standard policy.
* Optional sewer backup is offered by most insurers
* Overland flooding, which occurs when bodies of fresh water, such as rivers or dams overflow onto dry land, is typically not covered by a standard policy.
* Optional residential overland flood coverage is now offered by many insurers for the majority of homes across the country and is based on risk. Commonly, this coverage is combined with sewer backup coverage, which is also optional. Even if you don’t live by a lake or river, your home could still experience flood damage from surface or ground water. Check with your insurance representative on cost and availability for your home.
* Flood damage due to storm surge or tidal waves. These risks impact the small percentage of Canadians who live in coastal areas and are typically not covered by most home insurance policies, nor by optional endorsement.

Call us
in Calgary : 403-568-8989
In Edmonton : 780-250-2434

ISmart Insurance

I specialize in:
1. Transportation Insurance
2. Retail Stores Insurance
3. Restaurants Insurance
4. Construction Insurance
5. Contractors Insurance
6. Auto Dealers Insurance
7. Surety Bonds
8. Seasonal Dwelling
9. Rental Properties
10. Motorcycle Insurance
11. Air BnB Insurance
12. Auto Glass Insurance
13. Special Event Insurance
14. Life Insurance
15. Travel & Supervisa Insurance
and More

For more info:
Visit our website: https://ismartinsurance.ca/
Call me at +1 (825) 540-3017 or +1 (403) 568-8989
GET A QUOTE IN 5 MINUTES

Understanding Your Insurance Rates

Understand how your auto insurance rate is calculated and what role you can play to lower your rate.

✅Base Rate
✅Rating Factors
✅Surcharges and Discounts

Like all businesses, an insurance company must cover its costs to stay viable. However, the difference with an insurance company is they do not know how much the product will cost.
An insurance company collects premiums to pay for insurance claims, administration, and taxes.
Claims are the largest expense for an insurance company. They pay for bodily injury and vehicle repair/replacement. Claims are also the most unknown expense at the time of purchase, making them difficult to predict, which poses a large risk to the insurance company.

To cover the high risk and expense of claims, an insurance company:

🚘Considers the number of past claims when setting their base rate.
🚘Uses premiums collected from all their policyholders to pay for few who will make a claim.
🚘Invests the money collected from policyholders to reduce financial risk.

Insurance companies use a formula based on several identified risks to determine the price of your auto insurance policy. These risks include where you live, your age, your vehicle type, how much you drive, and any past insurance claims.

🔴 Base Rate
The base rate covers an insurance company’s expected claim, operating expenses, and reasonable profit to ensure the company’s viability.

🔴 Rating Factors
Insurance companies have access to a significant amount of data in order to accurately predict the risk of you making a claim. This includes personal characteristics like age, years licensed, and marital status.

Generally, they also focus on the following four types of rating factors:

1. How Much and Where You Drive
If you live or drive in a city, your rate is more likely to be higher due to the higher risk of vehicle theft or accidents.

Also, insurance companies determine risk by examining the number of kilometres driven. The more you drive, the more likely you are to be in an accident, so your insurance rate will likely increase.

2. Your Driving Record
Insurance companies use your driving record to determine how much of a risk you pose on the road. Generally, the better your driving record, the lower your insurance rate.
For example, a driver with at-fault accidents poses a higher risk to an insurance company. Your rate may also increase if you have more than one traffic conviction in the last three years, such as speeding or careless driving.
When looking at your driving record, insurance companies consider:
The number of years you have been licensed.
The number of traffic convictions you have due to driving infractions, such as speeding tickets.
The number of accidents you have had.
If you have taken driver training.

3. Your Vehicle
Your vehicle’s make, model, and year affect your insurance rate. Insurance companies consider what the cost of replacing your vehicle would be if it were stolen or damaged.
Your insurance rate might be lower if the vehicle model is statistically proven to be less likely stolen or involved in an accident. It also might be lower if the vehicle has better safety and handling features or is less costly to repair.
Generally, insurance rates are higher for newer vehicles and sports cars, but a vehicle’s safety features may help lower the price.
The Insurance Bureau of Canada has a thorough list rating how expensive a vehicle is to insure.

4. Type and Amount of Coverage
The more coverage you have, the higher your insurance rate will be.
You can customize your insurance to meet your needs by adding or removing specific types of coverage such as collision or comprehensive.
If you drive an older vehicle, you may want to remove collision coverage, or if you are leasing or financing your vehicle, you may be required to carry collision.

🔴 Surcharges and Discounts
An insurance company might apply a surcharge based on any accidents or convictions you may have.

You may also be eligible for several discounts or preferred rates depending on factors like:
Bundling together your home and vehicle insurance
Having an anti-theft system
Using winter tires
Having a membership in a professional association
Being an alum of a university or college
Ask your insurance agent, broker, or direct writer about surcharges or discounts when seeking a quote.

Get Your Bundle Home and auto Insurance Now!
At iSmart Insurance, Insure Smart Save Big !!!
Our Prime Services
✅ Home & Auto Insurance
✅ Trucking Insurance
✅ Commercial Insurance
✅ Super Visa Insurance
✅ Glass Insurance - Auto & Home
✅ Event Insurance and Many more
Now you can buy Home and Auto Insurance through our Website: https://ismartinsurance.ca/
Call us in Calgary
at +1 (403) 568-8989
Edmonton at +1 (780) 250-2434
Or +1 (780) 438-1250

GET A QUOTE IN 5 MINUTES