You’ve tried everything, knocked on the door of every insurer you can think of, but nothing has worked! You’re getting a constant stream of refusals from insurers.
Regardless of the reasons why it’s difficult for you to get insured, there’s always a solution.
There are several reasons why an insurance company may refuse to insure you. Whether it’s due to claiming too often, poor credit history, being stopped for driving under the influence, or even due to a criminal record, there is a solution for you.
An independent insurance broker can be key in your search for car or home insurance in difficult circumstances.
A broker has an excellent knowledge of the insurance market and insurance products. They don’t favour any specific insurer: they are completely independent.
In addition, an independent insurance broker can fully support you to find an insurer that accepts difficult circumstances. They can also advise you and give tips to help reduce your insurance premiums. This advice may prove useful in your particular situation.
If your independent insurance broker is also unable to find you a solution, there is also one final resort: the Insurance Bureau of Canada.
The Insurance Bureau of Canada (IBC) is there to answer your questions about general insurance, including car, home and business insurance.
The IBC also has a mandate to facilitate access to insurance. So, if all your attempts have come to nothing, even with the support of an independent insurance broker, the ICB can act as an intermediary between you and an insurance company.
IBC teams can support you and suggest potential solutions. However, before you can access their services you must be able to prove that you have already inquired with various insurers or a broker.
This will be much easier if you used an independent insurance broker from the start. The broker can represent you when it comes to dealing with various organisations. This means that it can tell the IBC all the things you have tried together.
Don’t give up. If you have difficult circumstances, it can be very beneficial to go through an independent insurance broker. Research, advice, inquiries, support: you’ll avoid a huge amount of stress and save a lot of time and energy.
