Do you have enough insurance? Most Canadians would like to think so – but in our recent social media poll, only 34.8% of respondents were confident with their coverage. Life insurance is like an airbag – you really hope you won’t ever have to use it other than to provide peace of mind to your loved ones. But unplanned disability or illness can derail even the best laid plans.
If an earthquake happens tomorrow (knock on wood) and your house is damaged by the shaking and quaking, who do you think covers the cost of the damage? Turns out, it’s the homeowner – but most people aren’t aware of this hidden cost. Should you have earthquake coverage? Read on to find out.
Home insurance increases 2014: Brutal flooding and ice storms prompt insurers to hike their premiums this year. Here’s what consumers need to know.
Daylight savings time isn’t just about an extra hour or sleep – it’s also when many turn the heat on for the season, increasing risk of fire.
This summer’s Calgary flood insurance claims are the most expensive in Canada’s history at $1.7 billion, and many homeowners were denied payments due to insufficient coverage. Now, there’s talk of making overland flood insurance accessible to Canadians – but a number of preventative measures need to take place first.
Taking a trip this summer? An overflowing mailbox or empty driveway can signal your home as a break in target. Check out these ways to protect your home from potential thieves while out of town, and ensure your insurance coverage is up to par in a worst case scenario.
Surprised by an increase to your home insurance premiums? You’re not alone – Money Wise writer Sean Cooper shares his story of searching for a better rate after being blindsided during his renewal. Will he remain a loyal customer, or will he find a better deal? Read on to find out!
Thinking of renting out your cottage? It can be a great way to earn extra money, but it’s not as simple as handing over the keys. Check out these must-know tips for preparing your property for renters, from safety to rental insurance.
A recent BMO report finds 25% of the home damage caused by the Calgary floods may not be covered by insurance. Here’s what you need about your policy so you won’t be blindsided by a natural disaster.
A common mistake made by first time home buyers is overlooking some types of home insurance coverage.