Surrey Home Insurance

Securing foundational coverage for homeowners and renters in Surrey

From beautiful South Surrey to charming Cloverdale, Surrey offers residents the promise of peace and tranquility, while also being within a reasonable distance to Vancouver. Both families and young professionals alike can find the balance they are looking for in this thriving city. In fact, we know firsthand that Surrey is the perfect place to call home — that’s why many of our brokers live and work here too. At Acera Insurance, we know Surrey and we know insurance.

As local insurance experts, we can help find the right type of home insurance for your individual needs and lifestyle. Whether you are a homeowner or a renter, we provide competitive coverage from trusted providers.

Delivering Surrey home insurance BC residents can depend on

We’ve been in your neighbourhood for over 30 years. People matter, and at Acera Insurance, our priority is our customers. By working with industry-leading insurers, we can offer you customized insurance packages that suit your needs, your home, and your budget.

Working with a knowledgeable, local broker is one of the easiest and most efficient ways of making sure you are receiving the best coverage at the best price. At Acera Insurance, one of our Surrey home insurance advisors will:

Take the time to understand your home insurance needs
Connect with top home insurance providers to get a range of quotes
Present your options and explain the differences between coverage selections
Provide answers to your home insurance questions and offer unbiased advice
Walk you through the claim process in the event you are impacted by an insured peril

With decades of experience, our team is here for you and ready to research your best options, advocate on your behalf, and guide you through all aspects of your insurance policy. Whether you need home insurance or tenant insurance, we can help.

Understanding property insurance in Surrey, BC

Home insurance can involve acquiring coverage to protect one of your most expensive investments or it can simply mean protecting your personal belongings or assets from the unexpected. Let’s review some of the different personal property insurance policy types available to you.

Home Insurance
Surrey

We offer comprehensive coverage for your house, condo, or townhouse. Your home is often your most significant asset, requiring extensive coverage and various updates as the years pass. A home insurance policy provides protection for the physical structure of your home. It can also offer contents coverage to ensure any of your personal belongings are also protected. Staying current with what coverage solution is right for your home can be difficult — let our team help.

Tenant Insurance Surrey

Protect yourself with tenant insurance. Renters require home insurance too, as a landlord’s coverage doesn’t extend to tenant belongings. Don’t find yourself uninsured or underinsured in the event of a fire or water leak — talk to our team and purchase a policy that includes risk coverage, liability, and more. As a renter, your insurance may also include living expenses if relocation becomes necessary due to repairs.

Secondary Property Insurance

As a leading insurance brokerage in the White Rock / South Surrey area, we can customize insurance packages that suit your life. Your seasonal home or rental property is a significant asset and needs to be protected just like your primary home. When you infrequently occupy your property or leave it empty for long periods of time, there are additional risk factors you need to take into consideration. Talk to our team and set up an assessment.

Home insurance coverage for physical damage, personal property and personal liability in Surrey

When purchasing your home insurance coverage, you will come across three key terms: physical damage, personal property and personal liability. Below we breakdown what each of these terms mean and how it impacts your coverage.

Physical damage

This coverage is most applicable to property owners, since it offers protection against damage occurring to physical structures. Physical structures can include your home, as well as other exterior features like decks or fences.

The most common causes of physical damage (also known as insured perils) can include:

Fire
Explosion
Lightning
Hail

Wind
Theft
Vandalism
Burst pipes

You may require add-on coverage to include:

Sewer back-up
Overland water
Ground water
Earthquakes

Personal liability coverage

Most types of home insurance cover you for personal liability risks. In the event a visitor is injured while in your home or has a personal belonging damaged or stolen, your home insurance will help cover the costs. Importantly, it can also support you with legal costs and damages if you accidently cause damage or injury in someone else’s home.

Personal property coverage

Your belongings, also referred to as personal property, are covered under your home insurance (even outside your home). However, it is important to note that high-value items and collections typically require additional coverage. Be sure to mention any collections to your broker. Whether you have an expensive wine collection or an assortment of one-of-a-kind art pieces, you will likely need extra coverage. Otherwise, you may not be adequately covered and compensated for these prized possessions in the event of a claim.

The cost of home insurance in Surrey

What each Surrey resident can expect to pay for their home insurance policy is as unique as each property and each person’s own personal information. This is because home insurance premiums are based on key factor such as:

Your location. Where your home is built remains one of the largest factors contributing to your home insurance premiums. If your building is within close proximity to certain hazards, such as bodies of water, you may pay more for your insurance because there is an increased risk of flooding. On the other hand, if you are near fires services, you could expect to pay less since you would have quick access to help in the event of a fire.
Your home. Everything from the size to the age and even the materials used to build your home can influence your insurance premiums. This is because these factors are used to figure out how much your home would be impacted by specific perils. It also is used to determine what the costs would be to repair or replace key components or structures.
Your insurance history. The length of time you have been insured, in addition to your claims history, will impact your insurance premiums. Being a responsible homeowner can have advantages when it comes to saving on your home insurance rates.
Coverage options. At Acera Insurance, we are able to tailor a policy to your specific needs. This means you can choose your policy limits, deductible and additional coverage options. The decisions you may on your policy options can influence what you can expect to pay. One of our dedicated brokers would be happy to explain the pros and cons of each option, so you can make the best decision for you and your budget.
Risk mitigation systems. Installing risk detection and/or prevention systems can not only help you avoid greater damage, they can also help you save even more when it comes to your home insurance premiums. Examples of these systems can include backup valves, sump pumps, water alarms, burglar alarms, and security monitoring.

Each home insurance provider in BC will calculate home insurance rates differently. To find the most affordable home insurance premiums in Surrey, speak with an independent Surrey home insurance broker. At Acera Insurance, we shop the market for you to find you the best rates on coverage built exclusively for you.

Begin a Surrey home insurance quote online

Whether you are purchasing your dream home in Crescent Beach, starting a lease on an apartment in Whalley or have simply reached your annual renewal, you’ll want to feel confident you are receiving the best value for your home insurance coverage.

As one of the largest independent and employee-owned brokerages in Canada, we have access to some of the best home insurance companies in Surrey and the surrounding area. Our team leverages our local knowledge, insurance experience and carrier partnerships to offer you carefully curated home insurance solutions. We make the process as easy as possible, so you can get back to what matters to you (while knowing you have the coverage you need).

To start the process, submit your Surrey home insurance request online.