Skip links

Property Insurance

Introducing Upper Edge's Group

Insurance Plan

Discounts of ~45%!

Our Customized Insurance Solutions for You

At Upper Edge, we've established robust partnerships in the Commercial Insurance sector, resulting in a host of benefits for our clients. Our collaboration with a leading Canadian insurance company, featuring local underwriting in Winnipeg, ensures personalized and accessible service.

Our specially tailored group insurance policy for Upper Edge clients encompasses comprehensive protections. As our client, you'll benefit from direct contact with our dedicated account manager, who will provide you with customized quotes and insightful comparisons between our master policy and standalone options. Our account manager's continuous negotiations with the insurer ensure that you receive the best possible rates, coverage, and limits. In fact, during our most recent renewal, there was no increase in any of the rates for our properties.

Being under our master insurance portfolio means benefiting from our collective buying power, which translates into better ratings and additional perks like replacement cost coverage, broad form coverage, sewer backup, and rental coverage included, as well as a 45-day vacancy allowance.

This strategic approach to property insurance, uniquely crafted for Upper Edge clients, showcases our dedication to delivering exceptional value and security.”

Case study - How Group Insurance reduces your Management Fees

COMPARISON FOR PROPERTIES ACTUALLY QUOTED IN THE PAST YEAR

STAND ALONE EXAMPLE QUOTE

EXISTING UPPER EDGE INSURANCE

EXAMPLE 1

Building

$300,000 Replacement Cost, Broad Form

$300,000 Replacement Cost, Broad Form

Contents

$10,000 Contents for Appliances

$10,000 Contents for Appliances

Rents

$18,000 Rents, 12 Month Indemnity

$18,000 Rents, 12 Month Indemnity

Liability

$2,000,000

$2,000,000

PREMIUM

$1,825

$1,265

DIFFERENCE

Insurance savings is $560 on Upper Edge for same limits and coverages

Mgmt Fee Savings

$560 annual group insurance savings = $46.67 per month. 

Management fee of this home reduced from $175/mth to $128/mth

EXAMPLE 2

Building

$300,000 Actual Cash Value, Named Perils

$300,000 Replacement Cost, Broad Form

Contents

$10,000 Actual Cash Value, Named Perils

$10,000 Contents for Appliances

Rents

$18,000 Rents, 12 Month Indemnity

$18,000 Rents, 12 Month Indemnity

Liability

$2,000,000

$2,000,000

PREMIUM

$2,575

$1,265

DIFFERENCE

Insurance savings is $1,310 on Upper Edge for same limit but better coverages

Mgmt Fee Savings

$1310 annual group insurance savings = $109.17 per month. 

Management fee of this home reduced from $175/mth to $66/mth