CAA Home Insurance COVID Relief

CAA Home Insurance COVID Relief

As Canadians everywhere are feeling the profound social, emotional and financial effects of COVID-19, CAA is looking at every possible way to help you save money during this difficult time. We are pleased to announce that one of our insurance partners, CAA Insurance Company, is offering a 10% rate reduction for CAA Home Insurance policies.

  • CAA Insurance is offering a 10% rate reduction for CAA Home Insurance policies, applied automatically on all new policies as of April 15, 2020 and renewal policies as of June 15, 2020. The rate reduction will be applied for your full policy term.
  • For existing home policies not up for renewal, please complete the online form below and we will apply the 10% reduction for the remainder of your policy term. 

In addition, our CAA Saskatchewan Insurance Consultants can show you other ways to adjust your coverage and payment plan to potentially lower your costs even further. 
 

Additional savings on your CAA Home Insurance Policy

Here are the efforts we’ve put in place to provide relief for CAA Saskatchewan Home Insurance customers, and a few ways that additional savings may be achieved. Contact your CAA Insurance Consultant who can provide trusted advice and update your policy.

Identity Theft Protection

  • With more people working remotely, there is an increased risk of hackers accessing your information, which may result in the theft of your identity.
  • During the term of the pandemic, we have automatically included protection against identity theft on all personal property policies at no additional charge.
  • Coverage up to $15,000 is available for loss resulting from:
    • Illegal and unauthorized use of credit and debit card
    • Illegal and unauthorized transfer or removal of funds from Internet accessed bank accounts
  • It also includes coverage for costs incurred to resolve the issue, including: long distance phone calls, notary fees, registered mail, fees for re-application for loans, reasonable legal costs and lost wages pertaining to identity theft.

Declaration of Emergency Endorsement

  • When a State of 'Emergency' has been declared, the termination or expiry date of your policy is automatically extended, even if you cannot pay your premium.
  • This is in force until the 'emergency' is over, plus the lesser of:
    • 30 days; or
    • The total number of days the 'emergency' was in effect; and
    • Is subject to a maximum of 120 consecutive days.

Business and Business Property

  • If you’re now working from home, you may have invested in new office equipment.
  • During the term of the pandemic, we have increased the Special Limit of Insurance for Business Property to $10,000, including coverage for items such as books, business tools such as computers and office furniture.
  • Your liability protection has also been extended to cover the incidental office use in your home.

Request 10% Rate Reduction on Your Existing CAA Home Insurance Policy

Please provide us with the following information and we will apply the 10% rate reduction to your CAA property insurance policy with CAA Insurance Company. Your documents will be mailed to you in approximately 30 days.

First Name
Postal Code

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FAQ

What is CAA Insurance Agency doing to help people save right now?

One of our insurance partners, CAA Insurance Company is offering a 10% rate reduction for CAA Home, Condo and Tenant Insurance policies.   This rate reduction is applied automatically on all new policies as of April 15, 2020 and renewal policies as of June 15, 2020. The rate reduction will be applied for your full policy term and will be available until the pandemic is over.

For policies not up for renewal, please complete the form above and we will apply the 10% reduction to your policy for the remainder of your current policy term.

In addition, a CAA Saskatchewan Insurance Consultant can show you ways to adjust your policy to potentially lower your costs. Give your CAA Insurance Consultant a call at 1.800.564.6222.

Does this rate reduction apply to new and renewal home insurance?

Yes, the rate reduction applies to new and renewing home policies underwritten by CAA Insurance Company.

Do I need to call in to receive this rate reduction or will it be applied automatically?

The rate reduction will be applied automatically on all new CAA Home, Condo and Tenant Insurance policies as of April 15, 2020 and renewal policies as of June 15, 2020. The rate reduction will be applied for your full policy term and will be available until the pandemic is over.

For renewals prior to June 15, 2020, please complete the form above and we will apply the 10% reduction to your policy for the remainder of your policy term.

What if my existing home insurance policy is not up for renewal in the coming months?

For existing CAA Home Insurance policies not up for renewal, please complete the form above and we will apply the 10% reduction for the remainder of your policy term. Your updated policy documents will be sent within 30 days.

If you have additional questions or would like to explore other savings opportunities, you can contact a CAA Saskatchewan Insurance Consultant at 1.800.564.6222.

I just received my renewal for May, has the 10% rate reduction already been applied?

The rate reduction is only being automatically applied for CAA Home, Condo and Tenant Insurance renewal policies as of June 15, 2020 that are underwritten by CAA Insurance Company. Therefore, for renewals prior to June 15, 2020, please complete the form above and we will apply the 10% reduction to your policy for the remainder of your policy term.

If you have additional questions or would like to explore other savings opportunities, you can contact a CAA Saskatchewan Insurance Consultant at 1.800.564.6222.

I just paid my renewal for April, can I still get a rate reduction?

Yes. For CAA Home, Condo and Tenant Insurance renewals prior to June 15, 2020, please complete the form above and we will apply the 10% reduction to your policy for the remainder of your policy term.

If you have additional questions or would like to explore other savings opportunities, you can contact a CAA Saskatchewan Insurance Consultant at 1.800.564.6222.

I just bought a new CAA Home Insurance policy in March, do I still qualify for this new rate reduction?

The rate reduction is being automatically applied for new home, condo and tenant insurance policies underwritten by CAA Insurance Company as of April 15, 2020. For new CAA Home Insurance policies prior to April 15, 2020, please complete the form above and we will apply the 10% reduction automatically to your policy for the remainder of your policy term.

If you have additional questions or would like to explore other savings opportunities, you can contact a CAA Saskatchewan Insurance Consultant at 1.800.564.6222.

Will the 10% rate reduction be applied to the whole premium?

The rate reduction will be applied to the base rate of your policy for the remainder of your policy term.

Is a 10% rate reduction enough to help people during this difficult time?

CAA Insurance Company continues to look at every possible way to help consumers save money on their insurance costs during this difficult time. This includes working with our insurance partners for rate reductions and/or coverage adjustments to reduce premiums. A 10% rate reduction on CAA Home Insurance policies will help many people with affordability. In addition, a CAA Saskatchewan Insurance Consultant can show you ways to adjust your coverage and payment plan to potentially lower your costs even further.

What is CAA Insurance Company offering compared to other insurance providers?

CAA Insurance Company continues to look at every possible way to help consumers save money on their CAA Home Insurance premiums during this difficult time. CAA Insurance Company is offering a 10% rate reduction applicable:

  • To both new and renewing home insurance policies (applied automatically on all new policies as of April 15, 2020 and renewal policies as of June 15, 2020)
  • For the full remainder of your policy term. In addition, a CAA Saskatchewan Insurance Consultant can show you ways to adjust your coverage and payment plan to potentially lower your costs even further.         
How else can I reduce my home insurance costs beyond just the 10%?

A CAA Saskatchewan Insurance Consultant can show you ways to adjust your coverage and payment plan to potentially lower your costs even further. Consider the following:

1. Can you modify your coverage and/or deductible amount?

2. Are you a CAA Member? You don’t have to be one to get CAA Insurance but know that CAA Members save up to 10% on CAA Home Insurance* (in addition to receiving a host of other perks and benefits).

I bought home insurance through CAA Saskatchewan Insurance Agency, but my policy is with an insurance carrier other than CAA Insurance Company. Do I qualify for the rate reduction?

The 10% rate reduction is available for those Home, Condo and Tenant Insurance policies which are underwritten by CAA Insurance Company. Your insurance was placed with another carrier because it was the best option for your needs at the time. If you have any further questions or are looking for other potential ways to save, please contact a CAA Saskatchewan Insurance Consultant at 1.800.564.6222.

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*10% rate reduction is only applicable to CAA Insurance Company and will not be applied other insurance company rates. Contact your Insurance Consultant for complete details and advice.
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