We are moving!
1230, 150 9 Ave SW, Calgary, AB, T2P 3H9
New Office Location: Effective March 2, 2020
We are proud to announce Sproule Insurance Inc has a new residence as of March 2, 2020. Our brand new office is located in The Edison building and we couldn’t be more excited to be in the heart of the city.
We’d like to take this opportunity to thank our customers, insurance partners, vendors, our team, and our families, for making the brokerage a success. We want to express our gratitude for your continue support.
Here is a sneak peek at the progress we’ve been working towards over the last couple months….
read moreWe believe this move by our current government, to let the rate cap expire, will greatly improve the health of automobile insurance in our province.
Claims frequency continues to rise significantly as does average claims cost. Distracted driving and costs associated with repairing newer, tech enhanced vehicles, are certainly contributing factors, among other more complicated challenges.
The reality is that the rate cap lead to the fast paced evaporation of the availability of automobile insurance for many Albertans.
This move should help alleviate growing pressure on reduced market capacity to insure segments where claims costs far exceeded premiums collected and allow insurers to reallocate and adjust the collection of those premiums, which will provide all Albertans with options and choice.
To read article in full Click Here
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“Recently we talked about the trend in rising auto insurance rates, and shared tips for how drivers can save on their insurance costs.
Even though insurance companies want to keep prices manageable for all, there are sometimes factors out of their control that can impact customers’ household costs.
Fortunately, as with auto insurance, there are ways you can make your home insurance costs more affordable. Let’s first understand why rates are trending upward.
The climate is changing. Damage from increasingly severe weather – wildfires, floods, hail storms, tornadoes – is causing more Canadians to have to rely on insurance than ever before in recent history. Meanwhile, repair and replacement costs are also rising.
An insurance company’s main job is to be there when they’re needed most; by paying out claims when customers experience losses. The reality is that, with the rising number of claims, insurers often need to reassess insurance prices to help offset increased costs.
There are things you can do to help lower your home insurance costs – perhaps some you’ve never considered before.
When you receive your annual home insurance renewal, we encourage you to meet with your insurance broker to determine whether any of the following tips can help you save money on your coverage:
Sproule Insurance is available to help answer your questions and to assist you with managing your insurance needs.
source: Wawanesa Insurance
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If you’re like most people, you don’t think about your insurance coverage often. Until something bad happens – or – you notice the cost has gone up. Like any good business, insurance companies want to keep their customers happy. Unfortunately, there are times where factors outside of their control may impact what customers pay.
Thankfully, there are options that can lower the cost of your car insurance. Let’s start by looking at why you may be paying more.
A major impact on today’s car insurance rates is the cost of repairs. Modern vehicles are equipped with more technology than ever – think of all the cameras and sensors built into our bumpers – which means even minor collisions can result in significant repair costs. Distracted driving is also a concern; primarily for the safety and well-being of our communities, and also because it is responsible for an increase in insurance claims.
Simply put: when insurers pay out more for auto repairs, your costs go up, too.
1. Contact your broker if your vehicle usage has changed. This may include:
2. Consider revising your coverage or deductibles.
3. If your family has more than one insurance policy, you may be eligible for:
4. Additional tips:
Insurance companies want to make things right for their customers when the unexpected occurs, and work hard to control the impact of our new realities. In the meantime, we encourage you to consider these tips to keep your own auto insurance costs as affordable as possible.”
Source: Wawanesa Insurance
Sproule Insurance is available to help answer your questions and to assist you with managing your insurance needs.
read moreas of today, cannabis is now legalized in canada. this recent shift in policy, has some canadians showing a strong concern for the number of cannabis impaired drivers that will now be sharing our roads. drunk driving is something that we as a society have shown zero tolerance for, and have tests in place to monitor alcohol levels. we should assume the same zero tolerance policy will be enforced when it comes to drug use, although how it will be monitored is still somewhat of a grey area.
a recent poll conducted by the insurance bureau of canada found the following:
as responsible drivers, we need to continue to treat impaired driving as an inexcusable offence. whether it’s alcohol or drugs, motor coordination and reaction times will be delayed when your judgement is impaired.
impaired driving kills, just don’t do it.
#don’tdrivehigh
read morewe have officially entered snowbird travel season. thanksgiving dinner has been eaten and leftovers devoured, and now seniors and retirees are in search of sun, sand and most importantly no snow.
however, prior to departing, ensuring that your travel insurance is in order is a key component.
first and foremost, you need to buy what fits. things to consider are your age, medical history, trip duration, lifestyle and budget. travel insurance comes in all shapes and sizes. your deductible amount can’t alter your premium significantly which is something also worth considering.
discussing your health with your family physician is an important component as well. you need to pay attention to pre-existing conditions as well as exclusions prior to departing. this is the perfect time to contact your broker to make certain you understand what you are covered for prior to heading south for the winter.
safe travels. say hi to the palm trees for us.
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In between raking leaves and eating all things pumpkin, fall is the perfect time to make sure everything is in order as we head into arctic tundra season.
Things to consider….
Fall is one of our favourite seasons. Cheers to apple cider, football, and enjoying all of the colours. Stay safe, stay smart.
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A recent article published by the Calgary Herald is shining light on the auto insurance crisis in Alberta due to the NDP government placing a cap on premium increases.
This cap has the potential to leave some Albertans unable to obtain car insurance and some insurance companies pulling out of the province all together.
You can obtain more information on this topic from the link below.
NDP’s cap on premium increases leaves auto insurers in 'crisis': industry
read moreIt’s important to note that many Alberta insurers are now treating distracted driving tickets as “major or serious convictions.” Not only are violators paying large fines, but their insurance rating is also being negatively affected. This can impact their insurance premium by hundreds, or thousands of dollars, in families with multiple vehicles depending on the insurer.
In short, it is important that whenever you are behind the wheel, your focus is 100% on the road. Not only for the safety of yourself, but for the other drivers you share the road with.
Drive safe.
We are so excited to announce that we have expanded our product offering to include Term Life & Critical Illness insurance. We are eager for an opportunity to assist our customers navigate these products and find the best solution for their unique needs.
To provide our customers with the highest level of service and knowledge, we’re proud to announce the addition of Adam K. Duncan to our Sproule Insurance team of brokers. Adam comes to us with many years of experience, and an extensive understanding of these important products.
Please connect with us at information@sprouleinsurance.com or, directly with Adam at adam.duncan@sprouleinsurance.com if you are interested to find out what we can do for you.
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