Have a process in place to obtain and verify insurance certificates is the best defense against uninsured contractors; it’s a simple solution to guard against potential risks. If contractors are adequately insured, their insurance will cover claims and the contractor will be responsible for any deductibles. Get the contractor’s license number and make sure they…
A classic car isn’t just another way to get around; it has sentimental value beyond its cost. Maybe it’s just like a car your grandfather owned, or it’s the one you dreamed of when you were younger. Regardless of the reason, if you’re thinking about purchasing a classic car, you should always look into insurance…
Most of us get behind the wheel each day with little thought to what we would do if we were in a collision. No one wants to go around thinking about danger and destruction, but with of 380,000 automobile accidents in Canada each year, it’s prudent to be prepared. Knowing how to be safe and responsible after…
Floods are defined as an overflow of water onto land that is normally dry, and are considered to be one of the most frequent natural hazards in Canada. Caused by melting snow or heavy rainfalls, they can occur at any time of the year and cause major damage to your home and belongings. Most homeowners…
Your cottage is your home away from home, and it’s extremely important that you consider how you plan to use it before you decide what type of insurance to buy. How often are you going to use it? Can you afford to repair it or rebuild it if damage occurs? Are you going to rent…
Now that you’ve realized your dream of being able to take your home with you wherever you go, what are the limits? Will your policy take you as far as you want to go? Canadian insurance policies will typically take you wherever you want to go within Canada and the U.S. “Unfortunately, the laws of…
For many people, their home is their most valuable investment. To protect this investment, homeowners frequently purchase their home insurance through their mortgage lender, who requires a minimum amount of insurance as a condition of the loan. While this amount of insurance satisfies the lender, it is often not anything close to the amount that…
Typically, car insurance companies will reimburse you for the cash value of your car up until the date of the accident. However, new cars can depreciate very quickly, so if you are involved in an accident shortly after the purchase of your car, the amount paid to you will be based on the depreciated value…
Not all home insurance policies are equal, or equally priced. Since there is no such thing as a one-size-fits-all home insurance policy, it is a good idea to obtain quotes from a variety of Calgary home insurance companies in order to compare coverage and determine which policy options are best for you. You will usually…
When you’re out in your watercraft, there are times when you, as captain, can allow someone else to feel the thrill of guiding your watercraft. It’s important to know what your policy allows, so you can be sure you, your passengers, and other drivers are safe and protected “Whether you’re instructing a family member, or…