Water damage is the leading cause of home insurance claims in Ontario. Do you have all the coverage you need?
Insurance Business Canada, one of the insurance industry’s trade magazines, has recently published its fourth annual ranking of the Top Canadian Brokerages.
We have a lot of customers who ask questions about high-risk auto insurance and what it means to be deemed a high risk driver after receiving a notification from their insurance company. We thought it would be a great opportunity to shed some light on the topic and make it a little bit less scary for those of you who find yourselves needing to shop around for new 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.
The amount you pay for any type of insurance is primarily based on your exposure to risk. This is one of the primary reasons that motorcycle is more expensive than car insurance: higher risk–of injury.
On a regular basis we hear from customers who have been searching high and low trying to find insurance on their sport bikes, only to be told there is a “blacklist”. It’s time to bust that myth.
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 of people around us—it happens every time we get into a car.
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
If I take driver training, will it affect my car insurance rate? Is driver training worth it?
Patrick from Toronto
Home insurance protects the financial investment you have in your home, and it offers important coverage your family may need in case of an emergency. An experienced insurance broker can help you make the right coverage choices for your home, and introduce you to money saving discounts. When an underwriting team looks at your home insurance application, it uses many different elements to determine your premium.