Author Archives: Elliott Insurance Services

The Breakdown on Equipment Breakdown Insurance

Elliott Insurance Services    January 18, 2018
Stressed engineer over equipment breakdown

If you own a business, the hope is that you have an Insurance Broker who has suggested you add the Equipment Breakdown endorsement to your insurance policy. You most likely thought you didn’t need that coverage because you don’t have any boilers or big equipment, but the endorsement covers a lot more than just boilers and big equipment. Almost all… Read more »

Commercial Leases and Your Commercial Insurance

Elliott Insurance Services    November 20, 2017
Start up business - commercial insurance - commercial leases

If you are a business owner who rents their current location, it may be in your best interest to review your lease agreement for any insurance related clauses that you or your broker may need to be aware of. Commercial building owners will have different clauses in their lease agreements and some of those clauses will greatly affect how you… Read more »

Special Limits: Limits on Your Home Insurance Contents

Elliott Insurance Services    September 11, 2017
A woman reading her special limits on her policy.

“Special limits” is a fancy term to indicate that there are limits or caps put on certain contents in your home insurance policy in the event of an insurance claim. Not knowing which limits could affect you could be devastating to your way of life if you ever experience a claim on your home, tenants, or condo insurance policy. Unfortunately,… Read more »

Should I Tell My Broker?

Elliott Insurance Services    July 26, 2017
Meeting with Insurance Broker

Knowing what information will affect your insurance policy is important to not only keeping your insurance policy in good standing, but to also have a chance at lowering your premium. Everyone knows the basic things you should keep your broker up to date on such as possible claims, auto tickets, address changes, bank changes, etc. It is possible that you… Read more »

How to Insure a Heritage Home With a Plaque

Elliott Insurance Services    June 21, 2017
Historical House Insurance

Older homes need special care not only physically, but in terms of insurance as well. If your house has a plaque or is over a century old, you may have a hard time finding insurance. The insurance industry doesn’t dislike older homes, but the municipalities will have special bylaw restrictions on repairing or rebuilding the home with a plaque that… Read more »

Fire Marque – An Interview with Alec Harmer – HTM Insurance President

Elliott Insurance Services    May 17, 2017
Home Insurance - Fire Department Charges

Getting a bill in the mail for a fire department call may be a bit unsettling, but that is exactly what is happening to homeowners all over Canada. At first there is a shock of getting a bill in the first place, and then there is a serious concern when you realize it is not from your municipality or local… Read more »

What Are Accident Benefits?

Elliott Insurance Services    April 5, 2017
Ontario auto insurance accident benefits

You have most likely heard on the radio or even on the TV about the changes to the accident benefits on your Ontario auto insurance policy. The changes took place in June 2016 for all auto insurance policies in Ontario. Your own broker might have even sat you down and talked to you about buying up the accident benefit limits…. Read more »

Where Does Your Boat Insurance Cover You?

Elliott Insurance Services    March 22, 2017
Boat insurance navigational limits

You insured your boat the way your insurance broker recommended with a specialty market. You made sure you have coverage for “When Muskrats Attack”, but now you find out that you can’t take your boat where ever you want to. Marine policies that are offered today have boundaries for where your boat is covered and where it is specifically not… Read more »

There is More to Life Insurance Than Just Death

Elliott Insurance Services    March 9, 2017
life insurance

When people hear the words life insurance they tend to think immediately of death.  The problem with this is that no one likes to think of their death.  Due to the fact we don’t want to think about our death, we also don’t like to think about life insurance.  Unfortunately, we are missing an opportunity by avoiding this hard subject. … Read more »

Aluminum Wire and Home Insurance

Elliott Insurance Services    February 7, 2017
Aluminum Wire and Home Insurance

  Perhaps you have found your dream home; you made an offer and hired a building inspector.  When your building inspector tells you that your dream home has aluminum wiring, you now start a long process to make sure your new home can be insured and is safe.  In this article, we will dive into the world of aluminum building… Read more »