If you insure your property for less than the full replacement cost and you experience a loss, replacing the uninsured portion could be quite expensive. Insurance Companies apply policy penalties when you underinsure.

A Property Valuation Report is the only means of knowing the full replacement value of your property.

No. Your homeowner coverage does not include the land value.

An excess or deductible is included in most policies, which is the amount to be paid by the insured in the event of a claim. If you make a claim, the excess can be deducted from the total amount paid out, or you may be asked to pay it up front.

To start your motor insurance the following documents are needed:

· Vehicle Registration Form

· Valuation of the Vehicle (if comprehensive coverage)

· Proposal and KYC forms

· Two pieces of valid photo identification

· Proof of address (Utility Bill, bank statement) – no older than 3 months

Yes – if you would like to change coverage, you can call or visit our office. Fees may vary depending on your vehicle.

No, all driver’s licenses must be current.

SVG may not accept driver’s licenses from all countries. We recommend you consult the Police Department to verify you can use your license, if not you will have to apply for a permit and pay a small fee.

– No. Drivers under 25 years and driving for less than 3 years carry very high deductibles – normally from EC$3,000 or more.

Yes, it is okay. Your car can be driven by any person who has a valid driver’s license and is authorized by you, the owner, to do so. The vehicle can be used for social domestic and pleasure purposes only.

Yes, you can. Just complete the appropriate form and present along with their valid driver’s license. Our team member will readily help you with the next steps.

If you want to have a person added as a co-owner, you must first contact the Licensing Department to have that person added as a Co-Owner. Then you present the updated Registration Form to us and we will contact the insurer to complete the process with you.

Yes, you can cancel your policy at any time at your request simply by sending us an email at info@insurancebrokersltd.com or calling us at 1-784-457-1310 or visit our office. Remember, a refund is not always guaranteed.

– Never accept liability unless your insurer has agreed.

– Notify us of the incident immediately – (tell us date, time, location of the incident).

– Provide a description of the accident and any injuries (names, contact details and insurance details of all parties involved).

– Please note that as a condition of your policy, ALL accidents must be reported promptly.

– Report the accident to the Police (if applicable) – make a note of the police officers name and number who is taking your statement and or measurement.

Take photos of the accident – damaged vehicles, accident scene, road conditions and any injuries.

Take contact information and statements of witnesses, especially any independent witnesses present at the scene.

– Document all related expenses (medical bills etc.) including pictures from all angles and keep all receipts.

– Obtain an estimate for repairs and submit it to us.

– Complete the Accident Report Form for your Insurance Company and call us for help.

– Never accept liability

– Notify us of the incident immediately – (date, time, location of the incident).

– Provide a description of the accident and any injuries (names, contact details and insurance details of all parties involved).

– Please note that as a condition of your policy, ALL accidents must be reported promptly.

– Report the accident to the Police (if applicable) – make a note of the police officers name and number who is taking your statement and or measurement.

Take photos of the accident – damaged vehicles, accident scene, road conditions and any injuries

Take contact information and statements of any independent witnesses present at the scene.

– Document all related expenses (medical bills etc.) including pictures from all angles

– Obtain an estimate for repairs and submit same to us.

– Complete the claim form for your Insurance Company and call us for help

– Report the incident to us immediately via telephone, email or visit our office:

Tell us the date, time and location of incident. 

– Take Photos of the incident if possible

– Make a list of all items that were damaged or destroyed, with replacement values if possible.

– Always keep all damaged property for inspection.

– Get repair estimate for damaged items and submit same to us.

– Document all related expenses and keep all receipts.

– Complete the claim form for your Insurance Company

You can make payment via cash, cheque, electronic transfer payment, Direct Deposit, Credit Card, Debit Card.

Your coverage ceases. Since coverage ends when your policy expires, it’s important to renew your insurance prior to that period to ensure continuity of coverage. As part of our service to you, we call you before your coverage expires to arrange for the renewal instructions for continuation of cover.