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…

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Apr 24, 2018 Free Renter Insurance Pt. 2

Buy Renter Insurance, Pay $0 additional for overall insurance So – refer to Part #1: Growing up is Expensive! – Can I get Free Renter’s insurance? to remind yourself of Mark’s situation.  It is true, growing up can be expensive, but let’s see what Mark’s insurance broker, Jack B. Wicked has to say about that. “Mark, so as I said, the initial price for insurance for renters is $350, but I have some really good news for you.  By combining your car insurance and your tenants insurance with the same insurance company, I can get you a discount on both.” Not fully understanding, but frustrated with how he is going to get through each month with less money, Mark asks…

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Mar 28, 2018 Free Renter Insurance

Part #1: Growing up is Expensive! – Can I get Free Renter’s insurance? I know it sounds too good to be true! Here’s the bad news ─ it is technically not true. We cannot give you tenant insurance (also know as Renter Insurance) for $0, however the good news is that in practical terms, you can protect your possessions with renter insurance for no addition insurance dollars. Let me explain by way of example. Mark lives in Toronto. I know many Marks but this one is hypothetical… let’s call him Mark B. Smartypants. Mark is 24 years old, recently started working downtown Toronto for an investment bank. He feels all grown up having graduated University and having a steady income. He has been…

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Mar 27, 2018 Spring Driving Tips

It’s that time again ─ Spring is finally here! But is your automobile ready for the warm weather? Your Spring Auto To Do List: 1. Windshield Wipers: Check them for wear and cracks, and replace them if necessary. Remove your winter wipers if applicable and install your summer blades. 2. Windshield Washer Fluid: Always remember to keep extra windshield washer fluid in your vehicle. Spring brings dirt, dust and insects that can obscure your vision. 3. Clean the Interior: It’s easy to use your car or truck as a storage area for all kinds of things (including useless junk and garbage), especially in the cold months when you don’t feel like cleaning your car. Take time to declutter your car; losing the extra weight can significantly increase…

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Mar 6, 2018 Planning a trip this March break?

With your vacation right around the corner, you’re busy preparing everything that goes along with taking off to a sunny destination; getting the whole family packed, running around to pick up the last couple items needed and confirming your reservations with the airlines/hotels are only but a couple things that you have to do before jetting away. But before you jump on that plane, have you thought about travel and health insurance? Although our provincial health plan may cover certain unforeseen costs that may be incurred while traveling it doesn’t always cover out-of-country travel. As an example, you and your family are traveling to a sunny destination such as Mexico and someone in your party severely injures themselves while out on an excursion. They…

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Dec 8, 2017 Canada’s Most Stolen Vehicles in 2017

Every year, the Insurance Bureau of Canada releases a list of the most stolen vehicles in each province and Canada as a whole. “Between 2015 and 2016, Ontario has seen an overall increase of 1% in auto theft, with considerable variations and fluctuations right across the province.” said Kim Donaldson, Vice-President, Ontario, IBC. This year’s list may or may not surprise you. Trucks and SUV’s once again top the lists with the 2015 Lexus GX460 taking the number one spot Canada wide for the most stolen vehicle. Ford pickup trucks and Toyota 4Runner SUV take their usual place amongst the lists in each provincial category as well as Canada wide. Quoting Statistics Canada as the IBC source, Kim Donaldson noted that “Guelph, Ontario reported…

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Dec 6, 2017 Insurance Clauses – Part 1

Insurance is not always at the top of everyone’s priority list. We get it. We are constantly reviewing the insurance portion of lease agreements, Master Service Agreements, vendor agreements, etc., sometimes after they’ve already been signed and terms agreed to. One clause we see quite often is the Waiver of Subrogation. It’s important to understand the implications of this clause, ideally before you sign that agreement. In many cases, it may already be included within the wording of your insurance policy. If not, it can sometimes be added by endorsement – but not without us first obtaining approval from your insurer. Waiver of Subrogation In a nutshell, adding this clause to your policy means that your insurer will not attempt to subrogate (or,…

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Nov 21, 2017 Operation Christmas Child 2017

Employees at Rhodes & Williams once again participated in the Operation Christmas Child Campaign put on by Samaritan’s Purse. Employees filled shoeboxes with hygiene items, school supplies and toys and are given to children in need around the world. Shoe boxes from Operation Christmas Child transcend all barriers—language, culture, geography, and politics—to give joy and hope to children throughout the world. This year we’re proud to say we collected 41 boxes to help bring joy to millions of children around Latin America, the Caribbean, Europe and West Africa. History: Operation Christmas Child was started in 1990. In 1993, Operation Christmas Child grew and was adopted by Samaritan’s Purse, a Christian organization run by Franklin Graham. To date, Operation Christmas Child has collected and…

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Nov 17, 2017 Business Insurance to Protect Your Online Sales

It always astounds me in conversation with small or home-based business owners, the number who feel that business insurance may not be necessary. I truly believe that it is because they are unaware of the potential risk they need protection from, and feel that it would not be affordable. Even if there were not affordable options available (there are!) I ask, “Can you afford not to have the protection?” Let’s say for example that you sell a simple product through Etsy, Amazon or any other online marketplace, to earn a little extra money on the side. For simplicity sake, let’s say you are selling the wonderful, fictitious product – Widgets. These Widgets are soooo cool, that you know everybody will want them! So you…

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Nov 14, 2017 Flooding & Home Insurance: 5 Key Questions Answered

  The environment is changing – temperatures are on the rise impacting weather conditions everywhere. We only need to turn on our TV each week to see the news covering the next severe hurricane, tropical storm or flooding. In fact, flooding now represents 40% of all natural disasters and has become the #1 threat to your home. Flooding & Home Insurance – Am I Covered? Most Canadians don’t know what their home insurance policies cover when it comes to water damage. Depending on your policy, water coming into your home from torrential rainfall, overland water and spring thaw may NOT be automatically covered. Whether you own, rent or are a landlord; how water impacts you will vary so understanding your insurance policy and coverage is…

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