Ottawa Insurance Broker
There are nearly 1.4 million citizens living in Canada’s capital city. Ottawa is the hub of the nation’s federal political life and most of its citizens have insurance needs.
At some point, Ottawa residents will look for homeowners, tenant’s, auto, commercial vehicle, travel, contractor or business insurance. A 2013 report indicates that some of the most educated people in Canada live in the capital city. No doubt, residents will be savvy about the way they shop for their insurance needs, too.
Ottawa Ontario is the fifth largest city in Canada with two major highways servicing it. The city is also connected to the province’s 400 series highway network.
According to the 2016 census, both the City of Ottawa and the Ottawa-Gatineau census metropolitan area (CMA) grew at a faster rate than both Ontario (4.6%) and Canada (5%) from 2011 to 2016.
Car and Auto Insurance
It’s the law in Ontario that all vehicle owners have current car insurance coverage. It stands to reason, then, that drivers would choose one of the most well-respected insurance companies in the province for their vehicle insurance needs — Levitt Insurance Brokers Ltd.
Many demographics are considered when a driver applies for car insurance. Some of these can include:
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- Age and gender of a driver;
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- Where a driver lives;
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- Type and age of vehicle(s) being insured;
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- Driving history;
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- Driving activity;
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- Time spent driving;
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- Driving for personal or business reasons;
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- Number of accidents;
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- General driving behaviours.
Drivers want to get vehicle insurance quickly and there’s no quicker and easier way than by a simple on-line click that Levitt offers to get your insurance quote. You will receive the right insurance package for your specific needs since we work with leading car insurance companies in Canada.
We have vast experience in fashioning individual packages for drivers and we regularly work with:
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- Experienced drivers;
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- Young drivers;
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- Drivers who are new to Canada with no driving experience in the country;
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- Drivers who have had tickets;
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- Drivers who have had accidents.
We also offer insurance for a number of motorized vehicles including business and commercial vehicles, sports cars, motorcycles and buses, to name a few.
Home Insurance
Your home is your sanctuary; it’s the place where you make many of your cherished memories. Having the right home insurance will give you peace of mind that your home and its precious contents are protected. At Levitt, we don’t use a cookie cutter approach to insurance.
Your home insurance needs are as unique as you and your home are and we understand that. We will ensure your insurance package fits your lifestyle, ensure you get the best insurance quotes quickly, and ensure you get protection right away. We can also offer protection for your home away from home — your cottage.
Ottawa residents have various types of accommodations. Some people live in single-family homes, while others live in condominiums, townhomes or rentals.
We Are Here To Answer Your Questions
You might not know what type of coverage you need and that is something we can help you with. Home insurance can be confusing, but it needn’t be.
At Levitt, we have decades of experience and we will help you choose the plan that offers protection for your home, your belongings and for you and your family. We work with leading insurers in the province to help you to choose the right home insurance plan.
We will answer any questions you might have, including those regarding the amount of coverage you are likely to need and about liability protection. Essentially, we will help you to protect those things that matter most to you and your family.
Tenant And Landlord Insurance
Both landlords and tenants want to protect their properties and their possessions. At Levitt we offer tailored insurance packages for both tenants and landlords.
We have the technology that allows you to get your insurance quotes, compare, and buy the best protection for your specific needs.
If You Are A Renter…
Some Ottawa residents rent or lease the place in which they live, rather than to purchase. As a renter, you don’t have to shell out money for the upkeep or the property, nor will you have recurring expenses like taxes, maintenance and repairs.
But you still want to make sure your possessions — such as clothing, furniture, electronics, artwork and personal mementos — are protected in the case of a disaster, an accident or of theft. Your landlord’s insurance won’t protect your belongings in these cases.
As a renter, when you work with us at Levitt, we can help you to decide what the right level of protection is for you and your lifestyle.
If You Are An Owner or Landlord…
Owners need to protect the physical structure of their rental properties. As a landlord/owner your property and all its other facilities like walkways, paths, pools, pool houses, and laundry areas are protected against natural disasters such as fires as well as from vandalism, theft and other threats.
At Levitt we have many years working with property owners/landlords and we will ensure you get the best protection possible for your investment(s). We have worked with those who rent single family homes, to those who own apartment complexes.
Contractors Insurance
Within minutes, our Ottawa Insurance Brokers can provide contractors with insurance to make sure their liability is reduced and to ensure their tools and equipment are also protected.
As a contractor you have many types of insurance coverage available to you and choosing the right coverage might seem complex and confusing. That’s where we at Levitt come in. We will help in coming up with a comprehensive contractors insurance plan to cover your needs — whether you’re a general contractor or a subcontractor with your own crew.
At Levitt Insurance Brokers Ltd, we also offer other types of commercial coverage such as travel insurance, truck and van insurance and business insurance.
Frequently Asked Questions
Who Pays an Insurance Broker?
No one works for free, even if it seems like insurance brokers don’t charge anything for their services. But if insurance brokers are simply the middlemen between insurance companies and insurance clients, how do they make money, and who pays their wages? Insurance brokers don’t directly sell insurance products to their customers, so customers don’t get charged when using an insurance broker, and they don’t pay a fee to the insurance broker when the customer decides on an insurance policy using their platform.
Instead, insurance brokers are responsible for using their extensive knowledge of the insurance market and products currently available to help customers shop, compare, and find the best insurance policy and rate.
Many people might wonder if insurance brokers charge a fee for their services, but often, insurance brokers earn a commission or fee paid by the insurance companies they partner with. As a result, the customers going through an insurance broker don’t pay directly to the insurance brokers, but the insurance companies pay the broker for bringing in customers.
How Much Does an Insurance Broker Charge?
Generally, insurance brokers are paid a commission by the insurance company that the broker places your insurance policy with. The commission is a percentage of the amount of your annual insurance premium. As a customer, you don't have to pay anything directly to the insurance broker for using their platform and services to find the right insurance company, policy, and rate for your needs.
However, the amount of commission that insurance brokers charge from your insurance company is typically included in the insurance premium that your insurance company charges you every month or every year.
How do Insurance Brokers Get Better Rates
As the insurance middleman between you and the insurance company you choose, insurance brokers help you compare different policies and rates for the specific type of insurance you want. A good insurance broker will address your specific insurance needs, such as coverage amount, benefits, and budget, to help you shop insurance rates at multiple insurance companies.
Since an independent insurance broker isn't obligated to sell you any insurance policy from a specific provider, they can help provide an objective comparison and understanding of the different rates and policies in the market. Insurance brokers can also negotiate with insurance providers to find better rates. They work in customers' best interests to find various affordable and competitive rates that you can choose from depending on what you think is the best rate.
Is it Cheaper to Buy Auto Insurance Online?
Buying auto insurance online is usually cheaper because there are no agent fees or markups when purchasing through an online platform. Although agents may help you find discounts and guide you through the insurance process of finding a suitable policy, insurance brokers that don’t cost you any money directly can be just as helpful in getting the best rates. Insurance brokers can also help you compare different rates based on your personal information to determine how much coverage you need and the best price for that coverage.
Is Insurance Cheaper in Ottawa than in Toronto?
While Ottawa has urban similarities to Toronto, the net effect and risks are not as severe as Toronto. It’s no surprise that Toronto welcomes a lot of traffic from residents and commuters. When many people are fighting the rush hour traffic, there are more risks on the road and therefore, more expensive car insurance.
Although certain areas of Ottawa have higher insurance rates than other areas of the city, average car insurance rates in Ottawa are generally lower than the rates in Toronto.
Get A Quick Quote From Us
Whatever your insurance needs are, we invite you to get a quote from us at Levitt Ottawa Insurance Brokers. We work with a myriad of leading insurers to get the protection and coverage that’s right for you.
