How to protect partially constructed homes from collapse in high winds
Northbridge Insurance
by Elizabeth Tela
1w ago
Partially constructed houses and other light-frame wood buildings collapse due to high winds numerous times every year across Canada. “Every year, several partially built single family homes, duplexes and other small wood framed structures in Canada collapse as a result of severe wind,” the Institute for Catastrophic Loss Reduction (ICLR) told Canadian Underwriter. Damage from high winds is not only costly, but often leads to delays in construction, and to home closures. Plus, there’s always the possibility that someone could get injured. The National Building Code of Canada (NBCC), as well as ..read more
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Key tips for choosing the right small business insurance policy
Northbridge Insurance
by Zachary Dent
3w ago
Small business insurance is sometimes viewed as a formality, yet when leveraged strategically, it has the potential to lead to business growth. It can offer you the confidence to take bold steps and innovate without the overwhelming fear of financial setbacks. This kind of assurance can be crucial for smaller businesses who may need to stand out and make big moves to succeed. Small business insurance can also assist with building trust and ensuring business continuity. When you’re insured, it tells customers, investors, and partners that you’re invested in your future success. It’s a sign of ..read more
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Contractor documentation and due diligence
Northbridge Insurance
by Elizabeth Tela
3w ago
Surprisingly, many losses, liabilities, and subsequent insurance claims do not result from a contractor’s negligence on a project, but rather from the contractor’s inability to provide the required details of work performed. This includes the materials purchased, the suppliers hired, as well as the documentation to verify work performed by sub-contractors. As a contractor, it’s your responsibility to have the documentation and do your due diligence for all contracting services. There are various categories of documentation that contractors need to obtain, maintain, and keep readily accessible ..read more
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Key tips for smoke alarm installation
Northbridge Insurance
by Northbridge Insurance
1M ago
In 2021, there were 202 fire-related deaths in Canada. Residential fires accounted for every 3 out of 4 of those fatalities. But many of these fatalities—and resulting home insurance claims—took place in buildings without a working smoke alarm. Only 37 per cent of Canadian residential fires took place in a structure with a working smoke alarm. It’s important to have working smoke alarms in your home or business, so that you’re notified at the first sign of a fire. Having a smoke alarm and maintaining it regularly could quite literally save your life. Taking the time to select the right smoke ..read more
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A guide to roof inspection before and after winter
Northbridge Insurance
by Northbridge Insurance
1M ago
Canadian winters are unpredictable, and proper building maintenance is essential to help ensure that your property is protected this season.  Getting ready for the winter Performing regular maintenance checkups before, during, and after the winter season can help you stay on top of things. Watch out for these common signs of trouble: Cracks on interior or exterior walls Warping of interior or exterior finishes Doors jamming or rubbing against the frame Conspicuous creaking noises Buckling ceilings Any other visible physical damage  Your property includes another crucial compo ..read more
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Eight tips to protect cargo
Northbridge Insurance
by Northbridge Insurance
2M ago
Protecting your freight and your business from cargo theft is a challenge. Not only does theft of cargo result in financial losses due to stolen goods and equipment, but it can also have far-reaching implications for your operations. The aftermath of a theft often involves potential customer dissatisfaction, delayed shipments, financial loss, and even difficulty in securing future insurance coverage. Cargo thieves tend to target not only high-value items but also goods that are easy to sell and hard to trace. In such a landscape, it’s crucial to implement strategies to safeguard your customer ..read more
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Enhance your commercial property security with fences, doors, and locks
Northbridge Insurance
by brucereid
2M ago
Unfortunately, theft costs Canadian businesses a great deal of money each year. Thankfully, there are some tools and tactics you can utilize to mitigate your theft risk. There is no question that fences, doors, and locks can block the paths of burglars and vandals and deter them from targeting your business. And each related enhancement contributes to an overall sense of security. Below, we outline some of the different strategies your business can use to help deter theft. Chain link fences Although having a chain link fence is a great first step, there is room for improvement. These structure ..read more
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6 tips to help strengthen your data backup strategy
Northbridge Insurance
by Northbridge Insurance
2M ago
Navigating the digital landscape has become very difficult for businesses in Canada. With a surge in cyber threats, ranging from viruses to malware, safeguarding your data has become very important. Protecting your sensitive information is essential for your business operations and helps safeguard your customers. The face of cyber threats In Canada, cyber threats are evolving rapidly. The statistics speak for themselves: cyber-attacks have resulted in $600 million stolen since 2021. Because of this surge, many businesses have had to invest heavily to aid in their recovery and assist with busi ..read more
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Minimize slips, trips, and falls on your business property this winter
Northbridge Insurance
by brucereid
2M ago
More than 42,000 Canadians are injured in work-related slips, trips, and falls each year, according to the Canadian Centre for Occupational Health and Safety. These types of incidents in the workplace can end up costing a company as much as $59,000 per injury. As the number of slip and fall related lawsuits has increased, so has the number of large awards from the courts for personal injury, lost employment income, and other resulting expenses incurred due to this type of injury. Whether you  own your business property, or are just leasing space, it’s important to have an effective winter ..read more
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How to Minimize Freeze Damage at your property
Northbridge Insurance
by Isabella Italiano
3M ago
Cold weather and freezing conditions can bring about significant risks to businesses. Without proper protection, even minor freeze events like a single broken water pipe can cause extensive property damage, and even business interruption. In addition, an event impacting your fire protection system could leave your facility more susceptible to a severe fire loss. Depending on your location, the type of freeze-related incidents you’re likely to see will vary. In areas where freezing conditions are typical, damage is most commonly caused by changes at a facility, such as having open or broken ..read more
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