Getting the Right Liability Coverage Buying liability coverage for your business can be a confusing and worrisome process. Here are four main guidelines that will help prepare you so you know what to look for and what questions to ask. 1. Understand the coverage you need. Look at your business’s financial situation so you know…
Fall is a perfect time of the year and a great opportunity to review your insurance policies to ensure that you are adequately protected. What insurance policies do you have? If you drive a car, you have automobile insurance. If you own a home, you (hopefully) have homeowner’s insurance. If you operate a business, you…
Do you know what ‘liability’ is? Here’s an example: If you own a house, you might assume that somebody walking on your property, uninvited, couldn’t possibly sue you and get money from you or your homeowner’s insurance policy because they tripped and fell on your concrete walkway. However, you may very well be liable for…
Six out of 10 homeowners, when asked, are unable to actually point out all the basic components of their homeowner’s insurance policy. They assume they’re protected from fire, theft, flooding, natural disasters, and other potential threats. However, when they begin to look at the policy in more detail, they realize that they aren’t protected like…
Shopping for insurance has become so convenient that millions of people throughout Canada simply go online, enter a few bits of information, and enjoy a variety of quotes. That sounds easy enough, right? It is, but does that mean it’s the best way to go about shopping for insurance? The simple and easy answer is…
Shopping around for a house can be exciting. If this is your first time, you probably have a lot of questions mixed in with all that excitement. Those questions are important to ask, whether it’s of your realtor, mortgage lender, or even an insurance broker. One of the most common stipulations of mortgage lenders is…
You’re renting an apartment. You’ve been advised and maybe even required to carry renter’s insurance. You don’t have a lot of possessions and don’t really see the point, but there are plenty of great reasons why renter’s insurance is a good idea. You’re not alone in this building. There are plenty of other tenants. Even…
How protected is your business? If you have business insurance of any kind, you’ve moved in the right direction. However, if you don’t have the right type of business insurance, you can still be exposed to liability or other risk factors. For example, if you’re not properly insured against loss, in the event of a…
Your business has been running for quite some time. Things have been smooth. Perhaps you only sell certain services, like operating your business from home on your computer, and you don’t think there’s really much risk or liability involved. You may be the sole proprietor, the only employee, or you could have several people working…
Winter is closing in and it’s a good idea to consider winterizing your home. Your homeowner’s insurance covers your house in the event of certain types of damage that can be caused by a variety of factors. During the winter your home may be exposed to a lot of extra challenges with regard to keeping…