Open Hours: Mon - Fri : 8:30 am - 4:00 pm, Saturday & Sunday: Closed Alberta Best Insurance

Alberta Best Home Insurance

Home Insurance You Can Rely On

Alberta Best Insurance has been providing home insurance since 1980. We will shop around to insure you are receiving the best possible insurance coverage for the best rate. We insure homes, condos and apartments and all of your belongings inside, so you can relax knowing your home is protected.

Home Insurance Discounts with:

Claims Free Insurance

Mortgage Free Insurance
Home Alarm Discount
Multiple Insurance Policies

Having additional insurance through car/ life insurance

Alberta Best Guarantee

Excellent Personal Service
Professional Assistance
Friendly Knowledgeable Staff
Flexible Payment Options
Licensed insurance professionals
In-depth market knowledge
Objective advice
Competitive quotes
Claims assistance
Over 35 years of experience

Your home is the biggest purchase you will ever make in your life and we want you to be confident that it is insured properly. A broker will do the leg work for you and compare policies with different companies to ensure that you have the best possible coverage for your home.

  • Household contents and personal property (either All Risk Protection or Broad Named Perils)
  • All Risk Coverage for your home and all structures on your property
  • Personal liability protection protects you worldwide

As a condo owner you share many of the same insurance needs as a home owner in addition to protecting yourself against some unique risks that are specific to condo living.

  • Household contents and personal property
  • Private dwelling unit improvements
  • Coverage for your portion of special assessments such as a deductible assessment by the Condominium Corporation
  • Additional protection for your unit in the event of inadequate building insurance in the Corporation policy
  • Personal liability protection

“I recently renovated my condo with new flooring and cabinets. Should I be
concerned about these upgrades being covered?”
Yes you should be! Did you know the condominium association policy will only replace
or repair the interior of your unit to the condo’s original interior. Our policies and
experienced staff will ensure your renovation investment is not lost.

Your landlord will have coverage on the actual building you live in, but tenant insurance allows you to insure your own personal belongings inside of your unit. Liability insurance is very important because it allows you to be covered for any accidental damage you may cause to the building or your unit.

  • Household contents and personal property
  • Additional living expenses (hotel bills, restaurant bills and moving costs)
  • Personal liability protection

“ If I only own $5000 worth of personal belongings is there a need to insure them? ”
Yes! Did you know that leasing or renting space often makes you responsible for more than your personal contents. Contact us for our advice.

Seasonal Property

Whether it is a cabin at the lake, in the woods or at the ski hill it is your home away from home where you and your family can get away, unwind and enjoy life. Here in Alberta, we have many serene places that call themselves cottage country from beautiful Sylvan Lake to stunning Jasper and Banff.

You can trust that at Alberta Best Insurance we will do the legwork for you to find the seasonal insurance coverage that works best for you. You will be assured knowing you have vacation home insurance that best protects your little piece of heaven. Contact our experienced professionals today to receive a competitive quote.

Mobile or Manufactured Home

Whether you live there year round, rent it out or keep it as your seasonal getaway, Alberta Best will assist you in getting the right protection for your manufactured, modular, mini, mobile, or double wide home. You will enjoy the unique features of your policy and can choose from optional benefits tailored to your specific needs such as choosing to insure your manufactured home for actual cash value or its replacement cost. Contact us today and one of our experienced professionals can provide you with a competitive quote that suits your unique needs.

Discounts available for the following:

  • Mature citizens and mortgage free home owners
  • Factory built double-wide homes
  • Safety Features: Such as a home security system to help prevent theft and vandalism to your home
  • Being “claims free” for over 5 years

Rented Dwelling

Owning a property can be a great investment, but as a landlord you take on many risks and have special insurance concerns. At Alberta Best Insurance we will use all of our expertise to design an insurance policy that protects this investment for you. Contact our knowledgeable insurance professionals today for a competitive quote.

  • All Risk or Fire and Extended Coverage policy option for your dwelling and all detached structures on your property
  • Landlord contents and personal property (equipment used for maintenance of the dwelling and major appliances)
  • Accidental Injury to your tenants or visitors to your home
  • Vandalism to your property
  • Fair Rental Value (lost rental income if an insured event renders the dwelling unfit for occupancy)

Home Insurance FAQ

Did you know home insurance has significantly changed over the last 5 years?

Companies have introduced new and higher deductibles. Some types of claims have new limits and restricted payouts.

Has your policy changed with respect to a hail storm?

Do not wait to find out. Our experienced and knowledgeable staff can help you navigate through these changes ensuring your policy meets your needs.

What factors affect my insurance premium?

A number of factors affect your insurance premium and are taken into consideration when calculating your premium. Including the following:

  • Where you live
  • Selecting a higher deductible will lower your premium
  • Amount of coverage: the higher the amount of coverage you have the higher the premium
  • Safety Features: Such as a home security system to help prevent theft and vandalism to your home
  • Optional Coverage/ Add-ons: Such as sewage back up coverage
  • Type of building and its age and size
  • Good Credit: Most companies use your credit history as part of their pricing structure. People with better credit will pay less for their insurance.

How do I save money on home insurance?

There are many discounts, optional coverages and deductible options that can aid in reducing your insurance costs. Including the following:

  • Good Credit: Most companies use your credit history as part of their pricing structure. People with better credit will pay less for their insurance.
  • Multi policy (home and auto insurance bundled)
  • Selecting a higher deductible will lower your premium
  • Install a home security system to help prevent theft and vandalism to your home
  • Discounts available for mature citizens and mortgage free home owners
  • Being “clams free” for over 5 years
  • Being Loyal: Being loyal with the same insurer for a certain number of years can save on premium. For example: 3 years will reduce premiums by 5% and 5 years or more is up to 10% savings.

What is a deductible and how does it work?

A deductible is the amount indicated on your policy coverage page that you are responsible to pay in the event of a loss. This is the amount the insurance company deducts from the total damage claimed and the insurance company will pay the remainder. There are different deductible limits offered and the higher the deductible, the lower your premium. It is important to choose a deductible that you are comfortable paying in the event of a loss. Please be sure to discuss with your broker which deductible options are best suited for you.

Why do I need renters/tenants insurance?

As a tenant, you still have belongings that you value and you are responsible for any damage you could very easily cause to your apartment or to others from a kitchen fire, overflow of water from your sink, or an injury from a guest visiting you. Tenants Insurance not only protects your belongings, but also provides protection against damage you may cause to others. Tenant insurance is designed to protect the
following:

  • To cover your own belongings
  • To cover any upgrades you made to your unit such as new cabinets or floors
  • Liability for injuries to your visitors and accidental damage to your neighbour’s homes

Why do I need condo insurance?

As a condo owner you share many of the same insurance needs as a home owner in additional to some unique risks specific to condo living. Condo Insurance is designed to protect the following:

  • To cover your own belongings
  • To cover any upgrades made to your unit such as new cabinets or floors
  • Liability for injuries to your visitors and accidental damage to your neighbour’s homes
  • Loss assessment coverage (protection that can be used on claims involving the building or its common areas)

How does liability insurance protect me?

Liability insurance covers you if you unintentionally cause property damage or bodily injury to others in your home or anywhere in the world.

Does my coverage include flood damage?

Most home insurance policies exclude coverage for flood. Where flood damage has drastically increased over the years, insurance companies understand that they need to address this coverage for homeowners. Flood coverage is now available, at this time, only through specific insurers. Contact us today to see if your insurance provider offers flood coverage.

What is the standard amount of home insurance?

A standard home insurance policy will include the following:

  • Building coverage
  • Outbuildings or Detached Private Structures
  • Contents (your personal property)
  • Additional living expenses in the event of a covered loss for temporary accommodation and expenses
  • Personal Liability

The limit of insurance for these coverages is determined by the building coverage. The limit of insurance for the building is calculated by completing a replacement cost evaluation based on the characteristics (ie year built, square footage, type of construction, etc.) of your home. We want to ensure that you are insured for 100% of the insurance replacement value.

Why is my building amount higher than my property tax assessment?

Property tax assessments, real estate appraisals, bank appraisals and insurance evaluations will all generate a different value as they are all intended for different purposes. The insurance replacement cost evaluation we calculate for your home is the amount that would be needed to rebuild your home from the ground up in the event of a total loss. This insurance evaluation factors in the cost of building materials, skilled labor, and debris removal. This amount will undoubtedly be higher than your property tax assessment.

What is the coverage difference between all perils, all risk and named perils?

Insurers write two kinds of policies for homeowners, all risk and named perils, also known as a Comprehensive policy or a Broad form policy.

All risk coverage (also known as all perils coverage) protects you against all losses and clearly states what perils are excluded. The all risk policy is usually more expensive because it is more comprehensive. With a comprehensive policy, the burden is on the insurance company to prove that the peril causing the damages is not excluded, otherwise, coverage applies. It is important when purchasing a comprehensive policy to review the stated exclusions in the policy wording named perils coverage covers those perils only that are specifically noted in the policy. A typical broad form named peril policy would cover fire, windstorm, hail, aircraft, riot, vandalism, explosion, lightning and smoke.

The named perils policy is less expensive than an all risk policy. With a broad form policy, the burden is on the insured, to prove that one of the named perils specifically listed caused the loss.

I work out of my home. Does this affect the type of coverage I need?

Yes. If you work out of your home, your business could void your home insurance altogether. You can benefit from the home based business endorsement to help protect you in the event of a loss. Such as the following:

  • Additional coverage for computers and business property
  • Increased liability insurance if you have clients visiting your home office
  • Additional coverage for business expenses incurred after a covered loss such as rent for a temporary office space

Contact your broker today to confirm if your home based business is eligible for coverage under your home policy or if separate commercial insurance is required.

If I renovate my home will my insurance cover these upgrades?

You need to inform your insurance broker of the improvements you have made to your home so they can be added on to your policy. The renovations will increase the value of your home and you want to ensure that you insurance company is aware of these upgrades.

Our home has a septic tank, why do I need sewer backup coverage?

Sewer backup or water escape extension endorsement not only covers the backing up of city sewer drains, it also covers the backing up of septic, sumps, drains, eavestroughs, and downspouts.

Why am I paying for outbuilding coverage when I do not have any outbuildings?

Coverage for outbuildings is automatically included in all homeowner policies. The amount of coverage is usually 10% of the dwelling/building amount. This amount can be increased if needed but cannot be deleted.

Are motorized recreational vehicles (boats, atvs, snowmobiles) covered under my home insurance policy?

No, mostly all motorized vehicles must be insured by way of separate coverage on an auto insurance policy. The exception are golf carts, ride on lawn mowers, garden tractors, and motorized wheel chairs which can be added to your home policy. Boats depending on their length and engine size have some limited coverage under homeowners. You should always check with your broker to confirm whether you need to have a separate policy issued or if coverage can be added.

Does my home insurance cover my personal belongings while I am travelling?

Most home insurance will protect your personal belongings when you are travelling. For example if your camera is stolen or your luggage disappears while on vacation it would be covered under your personal property. It is important to note that certain high valued items such as jewelry may need additional coverage to be covered in full.

I am a snowbird and travel south 6 months of the year. Is my home still covered while I am away?

You need to inquire with your insurance broker of all the proper steps you need to take in order to maintain valid coverage on your home. This includes steps to prevent water damage, other preventative measures, and how often you need to have somebody you know and trust to come and inspect all levels of your home.

Does home insurance cover identity theft?

Most insurance companies may include limited identity theft coverage on your home insurance policy to cover the costs associated with recovering any losses or expenses that you most likely will incur in your effort to restore the accuracy of your personal or financial identifying information. If limited coverage is not included or sufficient, it can be added for an additional premium. Contact us today to review your personal risk factors and coverage to ensure you are getting the most protection from identity theft.

What do I need to do if I need to make a claim?

As your broker we will do our best to make your claims experience as smooth as possible. During regular business hours, please contact our office to notify us about your claim. In the event you are faced with an after hours claims emergency, please refer to the 24/7 emergency claim phone numbers on our website.

How often should I have my policy reviewed?

We recommend that you review your policy annually to ensure that the information on your policy is correct and you are satisfied that you have adequate home insurance coverage. However, if there are any major changes, such as buying a new home, renovating/remodelling, significant home improvements made, starting a home business or implementing a basement apartment, you will need to adjust your policy to ensure that you are adequately covered.
Edmonton renters insurance

Had insurance with this company years ago and will go back once my auto/home are up for renewal. There was a reporting error that I needed corrected and this team went all out to help me even though they were not obligated to reduce the fee owed for a customer they had not had for several years. I was so impressed by their exceptional customer service (manager of this location was very kind) they just won my business back by their award winning kindness, compassion, friendliness and willingness to go the extra mile. Thanks to the whole team at Alberta Best.

Mark VanDeBerg

Edmonton renters insurance

Alberta Best is truly the best insurance brokerage I’ve ever dealt with. I was so pleased with their service I moved all of my business and personal insurance over to them a few years ago. All of the personnel is very responsive, always happy to help out, and I love the practical advice I get from them. I recommend Alberta Best Protek to anybody who asks.

Gordon Leaf

Edmonton renters insurance

The people who work there are not overly friendly, but they really know their stuff. Definitely worth going to.

Sarah Kennedy

Edmonton renters insurance

Found manager very helpful and went out of her way to find information we needed. Will definitely return for all our registry needs. Thanks

Kelly Chartrand

Edmonton renters insurance

Wonderful Staff: Can’t say enough great stuff about the people at this business. I recommend them every chance I get. Jennifer Hessian is a superstar!

Tina Fisher

Over the years we’ve always had prompt, professional service from AB Best.

Devon Phillips

I have been a customer of Alberta Best Protect Insurance for the last 20 years. This summer we had an unfortunate accident. The team at Alberta Best were supportive and helpful during this process. All issues were easily resolved over the phone and via email. I was most grateful for all of their help during this stressful time. Thank you Alberta Best!

Susan Johnstone

Cathy was simply amazing!! She was able to cut our insurance in half!! For the same coverage. So glad a friend referred me to her. Cathy is knowledgeable, efficient, through, and definitely works for her clients!!

Talya Steele