Category Archives: Home Insurance

House Values are on the Rise; Should I Increase my Insurance?

  
Insurance House Value

A common question from clients to any broker is about the value placed on their home. This is a very important question to ask your broker as you want to make sure that you’re properly insuring your largest asset. The rising house values in the real estate market will only fuel this question more. Depending on where you live, the… Read more »

Do I Need an Umbrella Insurance Policy?

  
Umbrella insurance policy

The umbrella insurance policy isn’t as well-known as your Home Insurance or Auto Insurance options, but it should be considered another important coverage to add to your insurance portfolio. The entire idea behind an umbrella policy is to try to cover you for the extra liability coverage you may need if your policy limits have been exhausted. Some insurers may… Read more »

Jewellery Insurance: How to Insure Your Jewellery

  
Jewellery Insurance: Personal Articles Endorsement

Your home or condo insurance policy will most likely cover some of your jewellery, but a lot of people are unaware that there are special limits that will limit the amount paid by the insurance company if you had a claim. Depending on the insurance company, sometimes those limits are as low as $3,000 for all your jewellery combined. Some… Read more »

Sump Pumps and Home Insurance

  
Sump Pumps and Home Insurance

In the insurance world you will hear the phrase “water is the new fire” a lot. The reason for this is that while the leading cause of property insurance claims used to be for fire, now that distinction is going towards water damage claims. Water damage is very costly to clean up as it must be done correctly to avoid… Read more »

Empty or Vacant House and Home Insurance

  
Vacancy Permit - House Insurance

If you currently own a property that is vacant, you should be aware that your insurance policy might not cover that vacant property after a certain number of days. Every insurance company has different rules and coverages, but the majority of the insurance companies have rules that will void your coverage if the property is left vacant. It is important… Read more »

What is a Mutual Insurance Company?

  
Mutual Insurance Company

Every year that you renew your insurance policy or when you quote out your insurance, you have an option that you may not have realized that you had. You can place your insurance with a Mutual Insurance company or a Stock Insurance company. The majority of Ontario citizens might not know the difference between the two types of insurance companies,… Read more »

Wood Stoves or Fireplaces & Home Insurance

  
Fireplace & Home Insurance

Heating our homes today has never been easier. We have various amounts of ways to heat our homes such as Natural Gas, Geothermal, Propane, Wood Burning Units, Radiant Heating, or even Baseboard Electric Heating to name just a few. With all of these options getting safer and safer as the years go by, it can be understandable to forget to… Read more »

Is it Worth Putting in a Claim?

  
House Fire - Insurance Claim

This is a very common question when it comes to insurance. Most people realize there will be some sort of resulting impact for putting in a claim on their insurance policy. Whether it be a loss of a claims free discount or a rate change, there is usually some sort of cause and effect with putting in an insurance claim…. Read more »

Water Lines, Sewer Lines, and Service Line Warranties Canada…

  
Service Line Coverage

It’s time to talk about Water and Sewer Lines. This is one area of our home that we take for granted. Updates to heating, your roof, gardens and the interior of your home are always on our minds. However, the water and sewer lines underground are often forgotten. Yet, when these lines aren’t working properly, it can cause major headaches. With all… Read more »

Should I Switch Insurance Companies?

  
Should I Switch Insurance Companies

No one likes over paying for insurance, so when you see a deal that you think could be better, it’s pretty tempting to make that switch. The real question is, should you make that switch? Today we will try to break down the reasons why you should switch companies and also the reasons why you should stay with your current… Read more »