Sunny Sharma - iSmart Insurance Broker

08/18/2024

Amazing Discounts and Savings upto 40% - Guaranteed Best Premium on Commercial Trucking+Commercial Auto+Commercial Business.
Call me today for a No Obligation - FREE & QUICK QUOTE 403-568-8989 option 1 & 3

06/08/2024

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
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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

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06/06/2024

Save up to 40% off on Commercial Insurance. Call me
403-568-8989 / 780-250-2434

05/19/2024

Common Commercial Auto Claims:
🚗 Don't let your business hit a speed bump with an insurance claim! From theft to collisions, here are some of the most common commercial auto claims.

Commercial Auto Insurance differs from Personal Auto Insurance in a number of ways, the key one being that Commercial Auto Insurance covers vehicles that are used for commercial purposes, such as transport or delivery. These include everything from delivery vans to box trucks to company cars.
👌 The two types of insurance coverages are similar, however, in that both are meant to protect you from damages caused by an incident that involves a vehicle that you own or operate. They both also experience similar claims - common claims include theft, vehicle collisions, and damage by the elements (e.g., hail, falling branches, etc.).
👌Common Commercial Auto claims
Commercial Auto Insurance ensures that you can cover damages that may have been caused by or involve your business vehicles. You get these protections through mandatory coverages such as Third-party Liability, Accident Benefits, and Direct Compensation property damages, as well as additional coverages such as Collision, All Perils, Comprehensive and Specified Perils.
✅ Here are some of the most common Commercial Auto claims:
Theft In Canada, some of the most common Commercial Auto claims are theft. Between 2021 and 2022, Quebec, Newfoundland and PEI theft rates were found to have exceeded the 50% mark in car thefts, while theft rates in Ontario spiked by 48.3%. This has become a national concern, with both insurance and law enforcement organizations estimating losses amounting to $1 billion in vehicle theft claims.
👌To combat the increase of professional theft rings, drivers are advised to take extra precautions to secure their vehicles. This applies to those driving commercial vehicles, as well. It’s important to note that if you’re on an Individually Rated Commercial Auto (IRCA) insurance policy, theft losses may not be recoverable, and depending on the number of theft losses in the preceding three years, you may not be able to receive coverage for related damages.
👌In the case of fleet insurance policies, vehicle theft losses are based on money in and money out, so an increase may be based on the overall loss ratio (regardless of fault).
Collisions
✅Another common Commercial Auto claim is auto collisions. Regardless of fault, a Commercial Auto Insurance policy can help compensate for damages.
If another driver is at fault, your insurance company will file a claim with their provider, and their Collision or Liability coverage pays, with any remaining fees covered by your own plan. If you or your employee is responsible, the same will apply in reverse.
In Quebec, drivers' liability is defined by the Direct Compensation Agreement (DCA), and insurance companies provide compensation on the basis of their client's responsibility for the accident and the types of protection included in the insurance policy.
Perils
👌One more usual Commercial Auto claim involves damage by the elements, such as if your vehicle is damaged by hail or your windshield is broken by a falling tree branch. Depending on your policy, these damages may be compensated fully, especially if you have comprehensive coverage.
How to file a Commercial Auto claim
Filing a Commercial Auto claim is simple. You only need to contact your insurance provider (or broker) and go through the claims process with them. This typically involves providing them with details of the incident you are filing a claim for that is covered by your insurance policy.
👌To make the claims process go smoother, it’s best to gather all the necessary information about the event. If you have photos of what happened and witness accounts, that’s even better!
👌Minimizing filing of Commercial Auto claims
At the end of the day, you want to minimize filing Commercial Auto claims because these will help keep your premiums low in the long run. The best way to do this is to make sure that your work vehicles are equipped and maintained with the best safety and security features and procedures.
Here are some tips to help you stay out of harm’s way on the road:
👌Maintain your vehicles
Make sure that all your company automobiles are fit for use and meet required safety standards. Have them regularly checked by a mechanic.
Do regular safety checks
Encourage your drivers to do regular safety checks on their vehicles before each use. You can standardize these by keeping a safety checklist in all cars, which operators must tick off completely before going on the road.
👌Prepare your drivers
Vet all the drivers that you hire, making sure that they are properly licensed, have experience driving a similar vehicle and have pristine driving records.
Additionally, provide them with safety training from a professional. You can even enroll them in programs from (or affiliated with) your insurance provider.
Get extra protection with Commercial 👌Auto Insurance
There is no question that every driver must operate their vehicles with utmost care and caution. But accidents can happen, and in case they do, it’s always best to have Commercial Auto Insurance for extra protection. Whether you’re managing just one commercial vehicle or a fleet of business cars, be sure to have great Commercial Auto Insurance in place!

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:
Calgary +1 (403) 568-8989
Edmonton +1 (780)250-2434
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The content in this article is for information purposes only and is not intended to be relied upon as professional or expert advice.
Courtesy : Aviva Canada.

05/18/2024

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.

04/20/2024

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

01/08/2024

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 (547) 393-3590 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

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12/15/2023

Call me for Auto Glass Insurance as low as $15 a month.
403-568-8989

12/10/2023

About to buy or renew auto insurance?
I can save upto 75% with all applicable discounts.

How Auto Insurance Rates are Set:-
About to buy or renew auto insurance?
🚗Understanding how auto insurance rates are set can help you find a policy that meets your specific needs and helps protect you and others from risk.
✅Know your auto policy
✅Factors that determine your rate
✅How market conditions impact auto insurance rates
✅How the vehicle you drive impacts your insurance

🔴 Know your auto policy:
A car, whether right off the assembly line or new to you, can be one of the biggest purchases you make. Insurers assess many factors – including your driving record – when calculating your premium. Your insurance rates are also determined, in part, by the type of car you drive. Generally, the harder your car is to steal and the less expensive it is to repair, the less you pay for insurance.

Auto insurance is regulated and legally required in each province and territory in Canada.

Each province and territory sets mandatory auto coverage requirements that you must purchase to legally operate your vehicle.

🔴Factors that determine your rate:
When calculating your insurance premium, some of the factors that auto insurers may consider include:

✔️Vehicle make, model, year and safety features
✔️Your age and gender and marital status
✔️Your driving and insurance history, which includes claims and convictions, and may include other factors such as whether or not you have taken driving training
✔️How long you have had your licence
✔️Where you live
✔️How frequently you drive/how many kilometres per year
✔️If your car is also used for commercial purposes
✔️Your personal driving history and that of other household drivers who are listed on your auto insurance policy
✔️Your current driver’s license class
✔️Market conditions

🔴How market conditions impact auto insurance rates:
Like any product market conditions affect the price of auto insurance. Inflation is one of many factors taken into consideration by insurers. Some other market conditions that contribute to the cost of your auto insurance premium include:

The cost of repairing damage after a collision or loss event. Windshields with built-in rain sensors are more expensive to replace than those without. Increased technology in newer vehicles also increases the cost of repairs. In addition to high-tech parts, insurers also factor in the cost of appraisals, labour, towing services, and potential rental vehicles.

Changes in the marketplace. When goods, services, and labour are in high demand and supplies are low, prices rise. In addition to repairs, your auto insurance also provides coverage for bodily injury liability. Auto insurers adjust rates to ensure they can cover future claims.

Increasing rates of theft and fraud. Auto theft is on the rise in Canada. A staged collision can involve exaggerated injuries, premeditated collisions, medical services fraud, false property theft, and more. Theft and fraud are multi-billion-dollar problems that are increasing the cost of auto insurance for all drivers. To learn more about how the industry is working to fight fraud, visit Équité Association.

Generally, the less likely your car is to be stolen, damaged or in a collision as well the less expensive it is to repair, the less you will pay to insure it.
Working with an insurance representative who understands your auto insurance requirements can help you choose the right coverage for your vehicle.

🔴How the vehicle you drive impacts your insurance:
SUV? Truck? Sedan? It’s not just who drives the vehicle. Insurers also consider the specific vehicle you are insuring when writing and pricing your auto policy.

A vehicle’s make, model, year, value and potential repair costs are all considered when an insurer sets a rate for your car insurance policy. Safety features including car alarms, number of airbags, collision avoidance technology and how well your vehicle protects occupants in a collision may also be considered.

The vehicle you buy impacts your insurance rate in a number of ways. Here are 3 things to consider when you’re getting ready to buy or lease a car:

Vehicles with lower-cost insurance ratings may cost less to insure. Check out IBC’s How Cars Measure Up in Canada.
Vehicles that are more likely to be stolen are typically more expensive to insure.
The Canadian Loss Experience Automobile Rating (CLEAR) system rating is built on insurance claims data. Insurers use CLEAR to assess how likely it is that a specific vehicle will be involved in a claim and what that claim will likely cost.

Bundle Home & Auto Insurance and Save upto 75% with applicable Discounts.

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