If you own a condo, you might wonder what type of insurance you need to adequately protect your asset and your belongings. Condo insurance varies from home insurance, and we will dive into the key differences, and what coverage you need for a condo below. Is Condo Insurance Necessary? Condo insurance protects your personal property and provides liability coverage. While the condo association’s policy typically covers the building structure and common areas, it does not extend to your unit’s interior or your belongings. Think of your condo association’s policy as covering things on the outside ..read more

Tenant insurance is the best way for a renter to protect their belongings from unforeseen circumstances. In addition to protecting their things, it also protects the landlord in case something accidental happens. However, amidst the complexities of insurance policies, one question frequently arises: does tenant insurance cover damage to the landlord’s property? Responsibility for Accidental Property Damage When tenants occupy a rental property, they assume responsibility for maintaining the premises and preventing damage. However, accidents can happen; for example, a tenant might accidentally ..read more

Starting your own business is no small feat. It takes a large investment, not just with money but with time, energy, and resources. It’s important to make sure that you protect that hard work, and ensure your business is properly insured.   There are many different types of businesses, and each business has unique insurance needs, so it’s essential to work with industry professionals. Not having the correct coverage or having no coverage at all is a gamble that could cost you your business in its entirety.   There are many different situations that can damage your property ..read more

Purchasing a home is a huge life milestone and is one of the biggest assets you’ll have in your life! Make sure you take the appropriate steps to safeguard your asset with the correct home insurance to ensure your financial investment stays sound.   Is Home Insurance Legally Required in Canada? What comes as a surprise to some, is that in certain scenarios, home insurance is not legally required. This comes into factor when you are dealing with a fully paid home, with no remaining balance owed. While not required by law, having home insurance is highly recommended to protect yoursel ..read more

When navigating the complex world of car insurance, one term that frequently surfaces is “deductible.” Understanding what a deductible is and how it works is crucial for making informed decisions about your coverage.   Simply put, a deductible refers to the amount of money a policyholder (you) must pay out of pocket before their insurance coverage kicks in. It’s a form of self-insurance where the policyholder shares a portion of the financial responsibility for any covered claims.  Deductibles serve several purposes in insurance policies. They act as a cost-sharing mechanism be ..read more

There are few things more frustrating than dealing with theft. If you’ve ever walked outside to get to your car and realize it’s vanished, you will know that sinking feeling in your stomach to well.   If you find yourself the victim of auto theft, this post will break down all the steps you need to take with your insurance provide and cover what your auto insurance does and doesn’t cover. We’ll also explain ways that you can mitigate the risk of your car being targeted.  Is My Car Covered if it Gets Stolen or Vandalized?  When safeguarding your vehicle from vandalization o ..read more

Do you own or operate a business? If you answered yes, then you need Commercial General Liability insurance. Want to know what it’s all about? The article below will explain what it is and why you need it and hopefully not put you into a trance, but there are no guarantees; this is insurance, after all.  What is Commercial General Liability Insurance?  This insurance is designed to protect you from being sued for any injury or property damage to a customer or member of the general public that happens because of your business operations or something that happens on your business prop ..read more

You do not wish to encounter water damage in your home, but many people have to deal with the overwhelming and frustrating situation at some point in their lives. Coverage for water leaks can have a lot of ambiguity, so we’ve broken down the key components to know about your home insurance options and water leaks.    Types of Home Insurance Policies In Canada, homeowners can choose several home insurance policies that protect their homes and belongings. In addition to the basics of coverages, there are additional coverages you can choose from to cater to your specific needs.&nb ..read more

Car insurance plays a crucial role in ensuring the safety of drivers and even pedestrians on the road. It is a financial safety net in an accident or an unforeseen event such as a break-in or car theft. Although you may view car insurance as just another bill, it is essential to understand how it works, and what is and isn’t covered.  What is Car Insurance and is it Mandatory? In essence, car insurance is a contract between a policyholder (you) and an insurance company that provides financial protection against damages resulting from accidents, thefts, or other covered incidents. In BC ..read more

As the long summer evenings switch into the shorter fall months, the changing seasons bring more than just a shift in weather. This transition signifies not only a transformation in temperature but also a shift in routines, perspectives, lifestyles, and mental wellbeing. Recognizing and addressing the importance of employee well-being during these seasonal shifts is essential for fostering a positive and productive work environment. Let’s dive into the significance of employee well-being during seasonal transitions and explore strategies for promoting mental health, maintaining work-life bala ..read more