Category Archives: Tenants Insurance

Often the minimal cost of tenants insurance can be offset by discounts for having a multi-policy discount on your auto insurance. Tenants packages are not very expensive and can be as low as $25 a month. If you get a discount on your auto policy for having the policies with the same insurance company, it could work out that the savings are almost as much as the entire tenants package.

Having an insurance history is very important to the insurance companies when they consider offering you home insurance. Having a tenants package while you are renting will build an insurance history for home insurance if you do decide to buy a home in the future. Some insurance companies will not offer their best house insurance packages to people who have never had prior home insurance, but they do consider tenants insurance as prior home insurance. Start building your insurance history now in order to save later.

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 »

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 »

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 »

We Can Do That Too! The Broker Advantage.

  
The Broker Advantage

Every day through some form of advertisement you most likely hear an advert for an insurance company bragging that they can either save you money or they give you the impression that only that insurance company can offer a certain coverage or discount. The truth is, not only can brokers also offer these services, but they also offer more services… Read more »

The Wonderful World of Liability Coverage

  
Liability Insurance

Liability coverage is built into most insurance policies from personal auto to big commercial policies. The only catch is that most of these liability coverages have exclusions that make it necessary to make sure you are still covered when you think you are. Within this article we are going to be looking at the very wide world of liability insurance… Read more »

What is a Restoration Company?

  
Restoration Companies

If you have an insurance claim on your home or have property damage in urgent need of clean up and repair, you will most likely be looking for a local restoration company. Restoration companies work in all sorts of conditions from fire damage to water damage, or mold and asbestos removal. Insurance companies rely on restoration companies’ expertise and fast… Read more »

Special Limits: Limits on Your Home Insurance Contents

  
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 »

Why Choose an Insurance Broker?

  
Young couple with Insurance Broker

There has never been a more convenient and easy time to buy insurance as there is today.  There are insurance brokers, agents, direct writers and online only companies.  With so many choices out there, what are the benefits to having an insurance broker in today’s world? We are obviously a little bias when it comes to this topic, but if… Read more »

How to Save Money on Your Home Insurance

  
Save money on home insurance

Let’s face it, everything is more expensive now, and that includes your house insurance. Even your brokers and agents feel the pressure of higher insurance premiums. When making your budgets this year, consider these money saving tips on your policies. Multi-Policy/Combined Discounts Soft Credit Check Higher Deductibles Home Updates Discounts (alarm, backup generator, non-smoker, etc) Correct 911 Address Home Details… Read more »

What’s With This Water Stuff?

  

Home insurance was first introduced in order to protect homeowners against fire. In fact, the beginning of fire insurance can be traced to London, England in 1666 when a fire broke out, destroying nearly the entire city. Over time, policies have evolved to include additional coverages for things such as wind damage, theft, etc. We are now on the verge… Read more »