What Factors Determine the Premium You Pay?  When we evaluate your home and personal property, we review a number of different risk factors in determining the premium charge. Some factors that could impact your insurance premium include: The value of your home:  Size, design, and building materials used determine the value of your house which will affect your premium. Distance from fire hydrant and fire hall:  The distance of your home from a fire hydrant or a fire hall affects the response time in the event of a fire. Heating your home:  Methods of heating your home, such as fireplaces and wood stoves, create greater potential for loss and affect your insurance premium Number of Claims:  The number of your past claims may affect your premium. Age of your home:  Homes tend to require additional repair as they age. We generally offer lower rates for new homes. What are Your Payment Choices?  You have two payment options available: Automatic Monthly Withdrawal Plan - This long-term payment plan spreads the cost of your insurance premium over the full term of your policy. Just make a one-time down payment equal to 20% of your premium and then pre-authorize monthly withdrawals from your bank account. A small administrative fee will be applied.  Review your policy documents as a minimum retained premium may apply. One Annual Payment - Pay your yearly insurance premium in one payment directly to your agent/broker or using your Visa or MasterCard option on the Company Website using “Make a Payment” Feature.  No service charges apply if you decide to select this plan.  Premium refunds are issued within 30 days of the Company being notified of all information required to process the change.  Review your policy documents as a minimum retained premium may apply. Rebate Program  At Kings Mutual we have a proud history of returning profits back to our policyholders. If we have a profitable year we return a portion of profit back to you, the policyholder. This can amount up to 15% of the premium you paid us during the year. For further clarification, contact your agent/broker in your area to discuss your needs.
Protecting Nova Scotians Since 1904
© 2017 The Kings Mutual
Protecting Nova Scotians Since 1904
What Factors Determine the Premium You Pay?  When we evaluate your home and personal property, we review a number of different risk factors in determining the premium charge. Some factors that could impact your insurance premium include: The value of your home:   Size, design, and building materials used determine the value of your house which will affect your premium. Distance from fire hydrant and fire hall:  The distance of your home from a fire hydrant or a fire hall affects the response time in the event of a fire. Heating your home:  Methods of heating your home, such as fireplaces and wood stoves, create greater potential for loss and affect your insurance premium Number of Claims:  The number of your past claims may affect your premium. Age of your home:  Homes tend to require additional repair as they age. We generally offer lower rates for new homes. What are Your Payment Choices?  You have two payment options available: Automatic Monthly Withdrawal Plan - This long-term payment plan spreads the cost of your insurance premium over the full term of your policy. Just make a one-time down payment equal to 20% of your premium and then pre-authorize monthly withdrawals from your bank account. A small administrative fee will be applied.  Review your policy documents as a minimum retained premium may apply. One Annual Payment - Pay your yearly insurance premium in one payment directly to your agent/broker or using your Visa or MasterCard option on the Company Website using “Make a Payment” Feature.  No service charges apply if you decide to select this plan.  Premium refunds are issued within 30 days of the Company being notified of all information required to process the change.  Review your policy documents as a minimum retained premium may apply. Rebate Program  At Kings Mutual we have a proud history of returning profits back to our policyholders. If we have a profitable year we return a portion of profit back to you, the policyholder. This can amount up to 15% of the premium you paid us during the year. For further clarification, contact your agent/broker in your area to discuss your needs.
Premium You Pay
© 2017 The Kings Mutual