What Are Some Common Exclusions On Commercial Policies?
May 10, 2024
While today’s commercial insurance policies provide broad coverage, all policies contain exclusions — things the insurer doesn’t cover under that particular policy. But this doesn’t mean you cannot obtain coverage. You usually can through a separate policy designed specifically for that risk.
Let’s look at some common exclusions.
Wear and tear
Most commercial property policies exclude losses that...
8 Invaluable Service You Get from Using an Insurance Broker
August 11, 2023
Unlike an insurance agent, an insurance broker doesn’t work for one particular company. Instead, they offer many different insurance products so you can find the right plan for you, your family or your business.
An insurance broker also provides comprehensive services related to your insurance policies. Brokers often offer the following services in addition to finding...
Check Your Homeowners Insurance Before You Become a Home-Sharing Host
August 1, 2023
Are you offering your home on a home-sharing service? Most home-sharing and host services make renting out your house easy. They even offer $1 million in insurance coverage as part of their service. Like most people, you might ask yourself why you’d need more than $1 million in insurance.
It’s not the coverage amount as much...
Properly Insuring Your ATV
July 25, 2023
All-terrain vehicles (ATVs) are off-road vehicles often used for fun and recreation. But with the thrills come major safety risks.
Weighing more than 600 pounds, ATVs have large, powerful engines that allow them to reach speeds of 110 km/h or more. They can be unstable and hard to control, particularly at high speeds. They have no...
5 Benefits of Using an Insurance Broker for Your Business
July 18, 2023
With a growing market of digital insurance products, you may be tempted to move away from working with an independent insurance broker. You might think it will save you time or money on your insurance. The truth is that insurance brokers are experts in their field. Their job is to protect your business with the...
7 Ways to Reduce Your Chances of Vehicle Theft
March 7, 2023
The Insurance Bureau of Canada reports that auto thefts cost Canadians $1 billion per year because of organized auto theft rings.
What steps can you take to avoid becoming part of these statistics? Here are seven simple actions that can save you the stress and expense of a vehicle theft.
1. Keep your doors locked, even when...
Tenant Insurance Myths Every Renter Should Know About
August 28, 2022
Did You Know?
If your home becomes uninhabitable for reasons covered in your tenant insurance policy, the insurance company will reimburse you for your temporary living expenses until you are able to find a new place to live. Tenant insurance is there to protect the belongings in your home and so much more.
There are many misconceptions...
Tenant Insurance Myths
February 8, 2021
Did you know?
If your home becomes uninhabitable for reasons covered in your tenant insurance policy, the insurance company will reimburse you for your temporary living expenses until you are able to find a new place to live. Tenant insurance is there to protect the belongings in your home and so much more.
There are many misconceptions...
10 Tips to Help Keep Your Auto Insurance Rates Low
December 17, 2020
Auto Insurance rates vary based on a variety of factors. Knowing how premiums are calculated can help you control the cost of your insurance and keep it low.
What affects rates? Size and performance of your vehicle. Smaller cars can cause your premium to be higher because they sustain more damage in collisions. High-performance vehicles, such...
