Swift University

Heavy rains and snow melting in late April and May 2019 in Ontario, Quebec and New Brunswick caused $208 million in insured damage, as reported by Catastrophe Indices and Quantification Inc. Overflowing rivers flooded roads and basements, submerged vehicles and shifted home foundations, while heavy rain caused roof leaks and sewer backups. Residential homes and...

Flooding is the most common natural disaster in Canada, so you aren’t alone in facing this challenge. Many homeowners live in flood-prone areas. Homeowners' and renters' insurance typically doesn’t cover flood damage. You’ll need to purchase a separate flood policy. Flood victims sometimes qualify for emergency relief, but insurance provides the best protection. Your mortgage lender also...

wildlife is a pleasure to experience — but not inside your home. Animals can move into your attic, walls, chimney or other nooks and crannies. Dealing with their waste, unpleasant smells and damage is frustrating (and potentially expensive). Most homeowners insurance expressly excludes damage from: Birds Rodents Insects Even if your problem doesn’t fit into one of...

There are three primary components of auto insurance. Depending on where you live, some may be mandatory and others may be optional. Liability — Pays expenses related to bodily injury to another person or property damage caused by your vehicle Comprehensive — Reimburses any damage or replacement required for your own vehicle due to incidents...