Jun 18, 2018 Redblacks Ticket Giveaway

Contest closes Wednesday, June 20th at 2:34 pm. Contest is Now Closed. Winner will be randomly selected and contacted. Thanks for participating! Rules/Disclaimer: This promotion is open to those 18 and older in Ottawa, On. Canada. Void where prohibited. Odds of winning depend on the number of entries received. By entering the giveaway you agree to allow Rhodes & Williams Ltd. to post you name on our Facebook page, website or any promotion material. You also understand this promotion is in no way associated with, administered by, or endorsed by Facebook; and acknowledge a complete release of Facebook by your participation.

Read More

Jun 8, 2018 A Step-by-Step Guide to Opening Your Cottage for the Summer

If you have a cottage, it’s about time to open it up and prepare for another summer of beach days and campfire nights. Check these 10 steps off your to-do list as you get ready for cottage season. 1. Arrange to have your utilities turned back on or inspected. If any of your utilities, like water or gas, need to be turned on by professionals, remember to make arrangements well ahead of time so your cottage is ready when you plan to settle in for the season. You should also have your septic system inspected by a professional if it’s due for a check-up. 2. Make sure your seasonal property insurance policy is up to date. Whether you’re adding some new toys to your…

Read More

Jun 5, 2018 Sinkhole, in Ottawa? How would Insurance Work?

Remember that every situation is unique so you should talk to your insurance broker for more information. Let’s use a hypothetical situation and say a sinkhole appeared in the middle of the highway, out of nowhere ─  and a driver drives straight into it. Although the ultimate decision about claims rests with the particular insurance company, in this type of situation, we would expect the claim would be handled under the loss or damage section of the policy as a collision. If the person in question did not have collision insurance at the time of the accident, they would be financially responsible for the loss of the vehicle. They would also have to pay for their own rental vehicle (if required), giving themselves…

Read More

May 25, 2018 Home Improvements That Could Lower the Cost of Your Insurance

If you’re thinking about making some home improvements this year, why not choose projects that could help you save on home insurance? Here are five premium-reducing upgrade ideas to get you started. Switch up your heat source. If you currently have an oil furnace or a wood or pellet stove (three of the riskier heat sources on the market), switching to an electric or gas furnace could lower your risk of fire and your insurance premium. Replace your knob-and-tube, aluminum, or 60-amp electrical system. All three of these systems (commonly found in older homes) tend to come with a greater risk of overheating. To reduce your chances of an electrical fire and save on home insurance, consider upgrading to an electrical system that uses…

Read More

May 23, 2018 The Green Energy Insurance Market

With high consumer demand for clean energy and plenty of government incentives available to assist green energy companies, the number of Canadian businesses playing in this space is growing daily. Insurance markets have been quick to respond with a suite of unique coverage and risk management tools tailored specifically to help protect clean energy producers in the wind, solar and co-generation sectors. Traditional manufacturers who are going green are also benefiting. What was once a largely misunderstood exposure for most insurers has now seen the marketplace bring in specially trained underwriters and loss control experts who are not only comfortable with green energy risks but are also very willing to advise their clients on best practices to mitigate risk, reduce losses and help keep…

Read More

May 18, 2018 OPP Release Sobering Stats Ahead of Victoria Day Long Weekend

As the Victoria Day long weekend approaches, the OPP are sharing some sobering statistics. Provincial Police say they recorded 48 motorcyclist deaths last year, a 10-year high, and 22 of them were not the at-fault driver. OPP say among the top contributing factors in the deaths were alcohol/drug impairment (six), improper turn (six), excessive speed (five) and fail to yield (five). Twenty-two off-road vehicle drivers died last year, including nine who did not wear a helmet. The same number of deaths occurred in 2016, with the same number of victims found without a helmet. All in all, there were 341 traffic fatalities on OPP patrolled roads in 2017 Police say the leading primary cause was loss of control. “Last year, the OPP saw the highest…

Read More

May 5, 2018 A Paperless Solution to Construction Surety Bonds

E-Bonding In keeping with the growing trend toward automation, the construction, surety and broker industries are continuing to explore the use of technology to enhance the level of service provided to their clients and to streamline their administrative processes. Many tenders now include a provision to supply an electronic bond (e-bond) with an electronic tender (e-tender) so it becomes extremely important to provide the correct form to ensure a compliant bid. In simple terms, an e-bond is an electronic document created with security features that allows the receiver to confirm it is a valid bond. It is not simply a scanned copy of an executed bond issued under the traditional paper method. From a technical standpoint, the technology to create, record, execute and deliver…

Read More

May 1, 2018 Cyber Liability and Privacy Breach ─ What is My Exposure?

There are many moving parts when reviewing Cyber Liability Insurance and Privacy Breach. There are two main components of risk that your business may be exposed to; first party exposure and third party exposure. First Party exposure means the exposure to your company or organization. Third party exposure means exposure to third parties that you do business with. Questions to ask yourself to establish what your first party exposure is: What non-public, personal information do we have in our system or in paper form? How mission critical is our computer system, the internet, our phone system to our business? How long could we operate if we could not access the internet? Is our computer security up to date? Have all employees downloaded all of…

Read More

May 1, 2018 How Cyber Insurance Can Protect your Company from Breaches

Everything you wanted to know about Cyber Liability and Privacy Breaches but didn’t ask because you were locked out of your computer. Almost every day you read on line that cyber-attacks are happening. You may have noticed that you  don’t hear about them happening in Canada!  That is likely because there is no mandatory requirement to notify the Privacy Commissioner if your company or business has suffered or been affected by a breach. What kinds of cyber breaches are happening? Well, everything from denial-of-service attacks, to hackers stealing personal information, to malware attacking your computer system, to financial theft through social engineering methods! Fires, natural disasters and flooding can definitely impact your businesses operations. However these risks are somewhat “easy” to plan for. A…

Read More

May 1, 2018 Insurance Tips for Newlyweds

  So, you’ve tied the knot and thrown the bouquet, and now you’re ready to make it official…by taking care of your “just married” paperwork, that is. Whether you’ve lived with your new spouse for years or you’ve just moved into your first home together, make sure you’ve checked these to-dos off your list: Insure your new bling. Engagement rings and wedding bands can cost a pretty penny. Did you know that most home insurance policies have a coverage limit for all of your jewelry combined? You might need extra coverage for that new diamond ring. Learn what’s involved in insuring your jewelry and contact your licensed home insurance broker. Let your broker know you’re living with another licensed driver. Even if you each have your own…

Read More