Author: Derrick Coyle

About Derrick Coyle:

With 35 years of general insurance experience and a lifelong passion for writing, Derrick Coyle presents information and ideas with insight and clarity. Derrick’s posts combine an understanding of technical issues, an appreciation for the roles of brokers and underwriters, and a writing style to inform and intrigue the reader.

Posts by Derrick Coyle:

The Business End of Home Insurance

14 Jul 2019 in Commercial Insurance

In an earlier article we touched on the growing trend of home-based businesses and highlighted the importance of discussing income generating ventures with an insurance broker to arrange proper coverage. The insurance industry has recognized the popularity of gainful domestic enterprise—that creative entrepreneurial space between a full commercial business and a paper route—and the market […]

Read more

The Merits of Minding Your Home Business

30 Oct 2018 in Commercial Insurance

You figure you’ll start a little business from home to supplement the family income, do you? Maybe you’ve given up that job in retail sales to babysit some neighbourhood kids after discovering just how much a second child in daycare eats into the take-home pay; or

Read more

13 Home Insurance Regrets to Avoid

24 Feb 2018 in Home Insurance

Getting home insurance to meet your needs and expectations can be a smooth process when you have the right guidance and support. That’s why it is always wise to speak with an experienced broker who has the knowledge and resources to find you the ideal coverage for your property and loss exposures.

Read more

10 Fatal Distractions For Car Drivers

12 Dec 2017 in Auto Insurance

There are times when we have no choice but to entrust our fate to others. We pray the attending surgeon is having a good day. We hope the pilot squeezed in a nap before our red-eye flight. But it doesn’t take a triple-bypass or turbulence at 30,000 feet to be vitally dependent on the competence […]

Read more

Why Is Car Insurance So Expensive in Toronto & the GTA?

15 Nov 2017 in Auto Insurance

In an April 2017 report, Special Advisor to the Minister of Finance in Ontario, David Marshall, pegged the average Ontario car insurance premium in the year 2015, at $1,458 per vehicle—a figure almost 55 percent higher than the average rate for the rest of Canada. We discuss this in more detail in an

Read more

Insurance: Quietly Covering Your Assets

07 Sep 2017 in General Insurance Info

Money For Nothing? Of all the goods and services competing for a share of our hard-earned cash, insurance will not likely rank high on many Top-10 Lists of most satisfying purchases. Consumer products generally come with some immediate gratification: We show off the new car as soon as we drive it off the lot; the […]

Read more

Mitchell & Whale: Cultivating a Winning Team

02 Jun 2017 in News at M&W

If you build it, they will come. This slight twist on the ethereal whisper from Kevin Costner’s 1989 film, Field of Dreams, may be useful counsel for employers hoping to field a winning team from a new generation of talent.

Read more

Pink Cards: The Proof is in the Scrolling

15 May 2017 in Auto Insurance

It’s an encounter with all the interpersonal appeal of a proctologist appointment: Good evening, sir, do you know why I pulled you over tonight? Uh, no officer. Your left taillight’s out. Shoot, sorry, it’s my dad’s car. I had no idea.

Read more

Driving Cost From Ontario Auto Insurance

26 Apr 2017 in Auto Insurance

A recent flurry of news reports throws some serious shade at providers of automobile insurance in Ontario. “Grand Theft Auto,” accuses one headline. “Ontario drivers have fewest accidents, pay highest insurance premiums,” charges another.

Read more

Closing the Gender Gap: The End of Discrimination for Insurance is Near

17 Apr 2017 in General Insurance Info

They say necessity is the mother of invention—a cliché that could soon be put to the test if automobile insurers are required to retool reporting processes and generate unique ratings to accommodate a new Ontario government initiative recognizing gender diversity.

Read more