FAQ
General
What Type of Insurance Does Amc Insurance Offer?
How Can I Lower My Insurance Costs?
To lower your premium, ask your insurance broker about the following:
- increasing your deductible (i.e., your share of the cost of a claim) – by increasing the amount you are willing to pay, you will decrease your premium;
- dropping collision coverage on an older car;
- bundling your car and home insurance;
- installing an approved theft deterrent system in your vehicle;
- buying a car with a lower-cost insurance rating.
What Can I Do to Make Sure I Have Enough Insurance?
What Is Replacement Cost?
Replacement cost is the total cost that your insurance company would pay to fully reconstruct your home if it were destroyed. Replacement costs include things that may not be included in the resale value, like the cost and availability of skilled labour, debris removal, extra expense due to more stringent building codes, and more. If you made upgrades or did renovations, talk to your broker to make sure you have the right coverage.
However if you had Lifestyle Advantage™, you could spend the replacement cost however you wish. With no obligation to rebuild, you could downsize and keep any leftover money. Certain restrictions apply, so call AMC Insurance to see if Lifestyle Advantage is right for you.
What Is a Deductible?
A deductible is the portion you are responsible for paying in the event of a claim. For example, if your car insurance policy has a $1,000 deductible for collision and there are $5,000 in damages, you will pay the first $1,000 and the insurance company will pay the remaining $4,000.
Auto Insurance
What Is Collision Coverage?
What Is Comprehensive Coverage or Comp?
Comprehensive coverage is similar to “All Risk” coverage. All perils are insured unless excluded in the policy wordings.
What Is Specified Perils or Spec?
What Is TPL or Third Party Liability for BC Car Insurance?
What Is Roadstar?
The RoadStar Package includes Loss of Use coverage, Rental Vehicle Coverage, Vehicle Travel Protection and Lock Re-Keying.
Roadstar is sometimes also referred to as the discount level with ICBC. Once a driver reaches a 43% discount, they are considered Roadstar.
What Is Roadside Plus?
What Is Underinsured Motorist Protection?
What Does ICBC Stand For?
The Insurance Corporation of British Columbia. More information about ICBC can be obtained on the ICBC website.
Can I Gift a Car to A Friend?
What Information Should I Collect if I Am Car Accident?
- Information on the other driver(s) including; drivers license number and issuing province or state, name ,address and phone number
- Information on the other vehicles involved in the crash: Plate number and issuing province or state, Vehicle Identification Number, Registration number, Year, Make and Model of the car.
- Name and Contact information of witnesses
- Details on the accident, such as the direction the vehicles were driving and what lane the vehicle was in
- Where and when the accident took place
- Weather and road conditions
How Can I Get a BC Car Insurance Quote?
To get an ICBC Autoplan quote, you can visit or call any AMC Insurance location in BC. Alternatively you can request a car insurance quote through our online quote request form. AMC Insurance can also provide auto insurance quotes for private car insurance in BC.
Home Insurance
What Are the Different Types of Home Insurance that AMC Insurance Offers?
What Does My Home Insurance Policy Cover?
How Is My Home Insurance Premium Determined?
- The location of your home
- The age and condition of your home.
- The number of years you have lived in that home
- If your home is built for or used by more than one family
- How your home is heated
- Proximity to fire-fighting support
- If you work at home
- How much protection you want
- The number of claims you have made in the past
How Can I Save on My Home Insurance?
The premium you pay is determined by different factors. The good news is, there are actions you can take to reduce your premium and simultaneously protect your home:
- Evaluate your coverage every year to make sure it reflects the current value and condition of your home, and takes into account major improvements or purchases.
- Implement preventative measures like an alarm system, main line backwater valves, water sensors, alarmed sump pumps, and tankless water heaters. You should also perform regular maintenance to your plumbing, your electrical and heating systems and your roof.
- Ask your broker about discounts you may be entitled to – you might qualify for additional discounts if you are mortgage or claims free.
- Avoid a cancellation penalty by waiting for your renewal date if you want to switch insurance companies.
- Some coverage options might allow flexibility. Your broker can help you determine precisely the level of coverage you need.
- Paying your premium annually can help you avoid interest charges or service fees.
Do You Cover Water Losses?
How Can I Protect My Home from Water Damage?
Do I Need to Advise My Insurance Broker if I Am Doing Renovations?
Is There a Fee for Getting a BC Home Insurance Quote?
There is no charge for a quote for BC home insurance from AMC Insurance. There is also no obligation to purchase a quote. To ensure that you are not overpaying for your house insurance, tenant insurance or condo insurance, we invite you to come in and get a comparison quote for free! You can also request a BC home insurance quote online here.
What Is a Comprehensive Insurance Policy?
How Can I Lower the Cost of Home Insurance?
Can I Buy Home Insurance in BC without An Alarm?
Yes, BC home insurance is available within an installed house alarm in most cases. Additional discounts may apply when a fully functional monitored alarm or local alarm is installed. This discounts can sometimes even exceed the cost of the alarm. Ask your AMC Insurance broker for details.
How Much Does BC Home Insurance Cost?
Is Home Insurance Required in BC?
Are All Home Insurance Policies in BC the Same?
Commercial Insurance
How Much Commercial Insurance Do I Need?
How Much Does Commercial Insurance Cost?
Why Should I Buy Commercial Insurance?
What Does Commercial Insurance Cover?
Do I Need Commercial Insurance for My Home-Based Business?
If you have a home-based business, you should have liability and coverage for your commercial personal property at the least. You may be able to add this coverage to your HOME INSURANCE policy. Contact your AMC Insurance broker to learn more.
What Is the Difference Between Commercial Insurance and Liability Insurance?
Where Can I Buy a Commercial Insurance Bond?
AMC Insurance has a team of agents who can assist your company with your bonding needs. Call 1-866-350-8555.
Do I Need Commercial Insurance for My Home Based Commercial ?
How Can I Get Commercial Insurance Quotes Online? Insurance for My Home-Based Business?
At AMC Insurance we provide insurance products unique to our customers needs. We communicate with the Commercial to determine the best commercial insurance products for the individual Commercial rather than a “one size fits most” type of policy. A Commercial insurance quote can be requested online through our QUOTE REQUEST FORM.