Optional Coverage to Look for when Obtaining Insurance Quotes

September 9, 2013

Optional Home and Car Insurance CoverageThe web has made it much easier for people to get good deals on their insurance policies. All you need to do is to visit a comparison website, like ComparaSave.com, where you can get quotes on car, home, motorcycle, life and travel insurance from multiple providers within minutes. You no longer have to spend hours calling one company after another then driving to them and meeting their representatives. You can find out everything you need to know from the comfort of your own home.

Finding a good deal on an insurance policy is optimal; thus price is very important. Remember, the cheapest quote may not always the best. Regardless of the type of policy you are looking for, there will always be forms of optional coverage included in certain policies that are not found in others and you should keep this in mind when comparing.

Car Insurance

When it comes to car insurance, each province has its own rules and regulations for what constitutes the minimum insurance policy. Liability coverage is mandatory everywhere, although the minimum amount will vary. You are the one who is going to know best about what kind of coverage you need for your car, but you do not need to go with the minimum coverage unless money is of the utmost concern for you. You can opt for a full coverage insurance policy if you want to feel as protected as possible and this will include comprehensive and collision coverage in addition to liability. Then there are also other forms of coverage which some providers include in their policies while others don’t.

Common examples include rental car coverage, accident forgiveness, towing services coverage, waiver of depreciation, etc. Some of these might be really useful to you personally, depending on your situation. That is why you should look at more than just the price when comparing insurance quotes.

Home Insurance

The same basic principle applies for home insurance. There is the basic coverage, also known as a named perils policy, where the provider will only cover expenses for damage caused by the perils mentioned in the policy. There is the comprehensive coverage, the most thorough level of protection, and there is broad coverage which represents an intermediary between the two. Then, of course, come all the optional services which you may or may not want to be included in your policy.

Common examples include protection from earthquake damage, sewer back-ups, furnace oil spills etc. Again, you need to take your individual situation into account. If you live in an area with frequent earthquakes, earthquake protection can be a lifesaver. Look for these options whenever you are comparing quotes.


Am very much in agreement with you there. There are sites out there that allow you to compare policies to ensure that you find the right one for yourself. And, I guess it all depends on one’s personal circumstances as to which policy would suit them best… although, medical/health insurance when traveling in my opinion is an absolute must.

Shaun says: