Jan 14, 2022 Unit Owners Condo Insurance – Why It’s Important to Arrange Coverage

Whether you have purchased a townhouse or a brand new high-rise apartment, you need to purchase Condominium Insurance            . It is typical that your condominium association or homeowners association would have a policy in place to cover damage to the building if something happens outside the walls of your condo. This master policy is intended to cover storm damaging the roof, siding or windows for example. If you have damage to the inside of your home or apartment, you may be responsible for all or some of the damage and this is why condo unit owners should have a personal policy. When you purchase a new condo, you might wonder why you would need your own insurance policy in addition to the building’s…

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Dec 14, 2021 Top Vehicles stolen in Canada – 2021

Equite Association has published its annual list of the most frequently stolen automobiles in Canada, which is generated using data from its members across the country. After attaining the fifth position last year, Ford F series trucks reached the top position again in 2021. Why are vehicles stolen? One of the major reasons thieves steal a vehicle, as explained by Interpol is “For organized criminal groups, the acquisition, shipment, and trade of stolen vehicles is a low-risk way to make profits. Stolen vehicles are frequently trafficked to finance and carry out other criminal activities, ranging from drug trafficking, arms dealing, people smuggling and international terrorism.” Apart from using the vehicle for committing a crime, vehicles are also stolen to…

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Dec 9, 2021 Rhodes & Williams Insurance Offers Pet Insurance

Are you one of the 900,000 Canadians that got a new pet since the start of the pandemic? Most pet owners believe their furry family members help bring happiness and a sense of positivity to their families; two things we could all use an extra dose of these days. Have you thought about protecting your new furry friend? Pet Insurance gives pet owners peace of mind, knowing their pets will always get the care they deserve, without adding financial stress to your family. *Up to 80% of your vet bill is covered for illnesses and accidentsProtection for dental, alternative therapies, surgeries, medications, preventative care, and more!When you obtain a quote a donation will be made to a local animal shelter on your behalf…

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Nov 4, 2021 Tips on how to Submit an Accurate Home Insurance Quote Online

Part 2 of completing accurate insurance quotes online looks at home insurance, and some of the common errors often seen. ( See part 1 – auto insurance here). Here are some of the most common errors; Replacement costThis is often one of the main discrepancies from online quotes, resulting in inaccuracy. Sometimes this results in predicting insurance cost that is too high, but more often than not, way too low. When inputting replacement cost online, we often hear from new home buyers, “I chose that number because the land is worth something, so I subtracted 20% from what I paid for the house”. Purchase price is not an accurate indication of replacement cost for insurance purposes. It’s perhaps a good starting point, but…

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Sep 27, 2021 4 Steps to Help You Insure Your Property or Vehicle “In the Estate of”

Going through the process of organizing insurance for assets that have been registered into the Estate of a loved one can be a complex and emotional experience as you mourn their loss. You may not be aware but property such as a house, vehicle or cottage, will need to be transferred to the name of the Estate to ensure that the property remains covered through insurance. At Rhodes & Williams Insurance, we understand that this is the last thing you may want to think about which is why we are here to support you during this difficult time. Below are the (4) steps* to ensure the process is simple and easy for you and your family: Provide a copy of the death certificate for the…

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Aug 10, 2021 Auto Insurance Quote Online: Tips to Submit for Accuracy

Wait? Insurance quotes online aren’t accurate? One of the most common opening lines I hear from clients after doing a car insurance quote on our website is  “ Hi Brian, thanks for the quote, what information do you need from me to obtain an accurate insurance quote?” My first reaction is, “why isn’t the quote accurate?” If the information submitted was correct, the online tool is extremely accurate. However, clients are now accustomed to the price changing after they speak to an insurance broker. They assume it’s wrong without ever really knowing why and this can be very frustrating. I am here to help with a few tips to produce the most accurate auto insurance…

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Jun 29, 2021 Are you Moving Your Parents into a Nursing Home? Do They Need Insurance?

It is possible that your current home insurance policy includes coverage for “parents in a nursing home”, but is it the right protection for your situation? It is important to review this coverage with your Rhodes & Williams Insurance Broker to confirm if it is automatically provided in your specific policy and that it is enough for your loved one’s contents and liability at their new residence. The declaration page of your insurance policy will not usually include these details, however, your Broker can easily confirm this information for you.  The coverage varies by each insurance company so it is always best to call your trusted insurance broker with your questions, to confirm you are protected. Explore…

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Apr 23, 2021 Insurance Advice for Parents of Young Drivers

Having a young driver in the household can be both a blessing and a curse. You are happy your child is finding their independence and getting themselves to hockey practice but at the same time, watching them drive off in your car (yes you are now stuck at home with no car) can be some cause for anxiety. I am just going through this now and thought I would send out a few tips regarding young drivers and the world of insurance. Tips from an account manager with a 16 year old son  Seems like just yesterday they got their G1 and now they are pulling out of your driveway with their G2 in hand. They now have up to 5 years before…

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Mar 25, 2021 Simple Tips for your Spring Home Maintenance

Spring is in the Air It is a great time to start addressing some basic home maintenance to keep your property in good shape and avoid any costly damages that may or may not be covered under your insurance. Here are few things to consider: Roof. Now that the snow has melted, it is a good time to carefully inspect your roof and look for any missing, broken, or worn shingles. Don’t forget to also check underneath those shingles for any soft spots which could mean there is rotting wood. Although most insurance policies cover roof damage, there are can be limitations when it comes to deterioration if the damage is a result of wear and tear or neglect. Attic. While you are up there…

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Mar 18, 2021 7 tips to protect your home from basement flooding

With the climate changing and weather patterns more unpredictable than ever, flooding has become the primary concern for water damage in household basements. The potential for flooding with recent spring thaws continues to be a growing concern, with constant reports indicating higher than usual flood risks year over year. According to a report by the Faculty of Environment at the University of Waterloo, basement flooding is on the rise all across Canada. Their findings reveal that 1.7 million Canadian households are exposed to some sort of flooding risk. This is expected to result in billions of dollars of losses, with an average price tag of $43,000 per flooded basement. “More often than not, basement flooding is a result of overland flooding, infiltration…

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