User-Based Insurance: Revolutionizing Auto Insurance
Discounts of up to 30% available! In recent years, the insurance industry has seen significant advancement in technology and the rise of user-based insurance…
Direct Compensation Property Damage (DCPD) – What is it?
It is a mandatory coverage for auto insurance in Ontario. It would cover damage to your vehicle where you are deemed not at fault in…
How Installing an Anti-Theft Device Can Help Save on Your Car Insurance
Vehicle theft is a growing problem in Canada. According to the Insurance Bureau of Canada, on average, a car is stolen every 6 minutes. As…
Is Earthquake Coverage Necessary In Ottawa?
You may ask yourself, “Why do I need earthquake coverage for my home in Ottawa, I do not live in a high risk zone.” Well…
Property Values and Your Home Insurance: How Do You Get it Right?
We continue to realize the impacts of a record-level real estate market. Homeowners do not need to look very far to read signs that their…
Auto Supply Chain Challenges
When the COVID-19 epidemic was at its worst and borders were blocked and businesses were closed, the auto sector was badly hit by supply chain…
Are you considering a private lender for your new mortgage?
What is a private lender? A private lender is a person or business that loans money to someone but is not connected to a financial…
Cottage Insurance for Beginners
As we are in the midst of cottage season, getting away from the big city for a quiet getaway is a great time but insurance…
Turo Peer to Peer Car Sharing
Earlier this year it was announced that Economical Insurance is providing Turo with commercial insurance in Ontario for the peer-to-peer car sharing giant. Previously, it…