News & Blog: Personal Insurance

Covering the insurance-related issues and developments that matter to our personal and business clients.

Feb 14, 2019 Insuring your Diamond Rings and Fancy Things

Chocolate, flowers, and jewelry are some of the most common gifts given each Valentine’s Day. Jewelry tends to be one the biggest seller for this romantic holiday. Whether that special person in your life is your girlfriend, wife, mother, sister or just someone you admire, one of a kind jewelry with meaning can be the perfect token. Did you know your home insurance policy could have you covered if someone broke into your gym locker and stole your shiny new watch or diamond ring? Home insurance can cover you in more ways than you’d expect, especially when it comes to protecting your jewelry and other prized possessions — but it’s important to learn about your policy’s limits and exclusions. Plus, take a few simple…

Read More

Feb 13, 2019 Why Are My Insurance Rates Going Up?

5 Reasons why…and what you can do about it If you have been asking yourself, “Why are my rates going up?” lately, you’re not alone.  The home insurance and car insurance industry is going through very turbulent times. Canadian insurance companies are looking long and hard to improve results of recent years and the byproduct, at least in the short term, is increased rates for clients.  The reality is that insurance rates have not kept up with claims trends and insurers are not able to continue renewing risks at a loss. Without changes to the cost of providing insurance to clients, the only solution is rate movement on both car and home policies. But what’s the cause?  Let’s focus in on the 5 Reasons why…

Read More

Feb 6, 2019 How to Keep That Dammed Ice Off Your Roof

Those glistening icicles hanging from your roof may give your home that quaint, wintery look you’ve come to love, but they could also be trying to tell you that something isn’t quite right. Icicles can be a telltale sign that an ice dam has formed on your roof, preventing melting snow from escaping through the eavestroughs — and possibly causing damage to your roof and other components of your home’s construction. Learn exactly how ice dams form and what you can do to stop them in their tracks. How ice damming works An ice dam is a buildup of ice that traps melting snow on your roof, stopping it from running into your eavestroughs and away from your home. This can cause your roof…

Read More

Jan 17, 2019 10 Essential Safety Tips for Snowmobilers

If you snowmobile, that dusting of fresh powder outside may be calling your name — but it’s important to keep safety in mind to avoid any mishaps and make sure you return to the cabin in one piece. Take note of these safety tips and watch the video below to learn your hand signals before you hit the trails. 1. Dress for success. Dress in layers, with well-insulated, wind- and water-proof gear on top and moisture-wicking materials underneath. If you snowmobile often, you may want to purchase a snowmobile suit instead of wearing a regular snow suit. You should also have a well-fitting helmet, gloves, boots, and eye protection (like a visor or goggles). Avoid wearing naturally absorbent fibres like cotton when you snowmobile, as…

Read More

Dec 14, 2018 Canada’s Top 10 Stolen Vehicles in 2018

  The Insurance Bureau of Canada (IBC) released its annual list of Canada’s most frequently stolen vehicles, which is compiled using data from its members across the country. Once again, the Ford F-Series trucks topped the list. These light- and medium-duty trucks are popular with auto thieves across Canada. Henry Tso, Vice-President, Investigative Services, IBC, offers the following insights on the five Ws of auto theft. What is being stolen? Nationally, Ford F350 trucks hold the top five spots. In Ontario, thieves target high-end SUVs and trucks, including Chevrolet’s Tahoe, Silverado and Suburban. In Alberta, once again Ford’s F250s and F350s dominate the list. In Atlantic Canada, the Nissan Maxima is stolen most often, followed by the Chevy Silverado and Jeep Liberty. Where…

Read More

Dec 6, 2018 80% of Canadian Drivers Believe Winter Tires Saved Them from a Potentially Hazardous Driving Situation

Canadian Drivers Believe Winter Tires Saved Them Eighty per cent of winter tire owners believe driving a vehicle equipped with winter tires has saved them from being involved in a potentially hazardous driving situation such as loss of control or a collision, according to a new consumer survey commissioned by the Tire and Rubber Association of Canada (TRAC). “Canadian drivers who have embraced winter tires have spoken and provided this very telling insight,” says Glenn Maidment, President of TRAC. “They confirmed what we already know—that the superior performance of winter tires has a place in Canada, and that their greater grip and significantly shorter stopping distances on all cold-weather road surfaces keep Canadians safer on winter roads.” TRAC’s 2018 Canadian Consumer Winter Tire Study also…

Read More

Nov 16, 2018 Car Insurance Impact of 2018 Ontario Economic Outlook

Yesterday, The Government of Ontario released their Fall Statement – 2018 Ontario Economic Outlook and Fiscal Review. This 174 page document obviously covers a lot more than just insurance, but of particular interest to us and our clients is the statements regarding car insurance. One section reads as follows: “Making Auto Insurance More Affordable – The government is committed to lowering auto insurance rates to make life more affordable for the nearly 10 million drivers across the province. The government is working with stakeholders across the auto insurance system to explore options to lower rates in a responsible way, while ensuring that the needs of the people are served.” This is of extreme importance to us, our clients and all drivers…

Read More

Nov 13, 2018 Winter Tire 101

It’s no secret that getting from point A to point B in the middle of a Canadian blizzard can be tough, to say the least. Thankfully, there’s one simple step you can take towards a smoother, safer — and even cheaper — winter drive: installing a set of quality winter tires.   Why use winter tires? As the temperature drops, all-season and summer tires can stiffen and start losing their elasticity, which can lead to decreased traction and poor performance. The rubber used in winter tires, on the other hand, is designed to stay flexible even in extremely chilly weather, so you’ll get a better grip on that slippery side street.   Are winter tires good for driving on ice and slush? Although they’re…

Read More

Sep 14, 2018 Insurance Fraud 101: How to Steer Clear of Staged Car Accidents

Picture this: You’re waiting to pull out of a parking lot, but traffic isn’t letting up. Finally, someone slows down and waves you through, so you look both ways and pull in front of him, waving a quick thank-you. And then, WHAM! The same driver who let you in speeds up and slams into you. When you get out of your car to ask him what happened, he says he didn’t expect you to drive into him…but not to worry, it’s no big deal — this has happened to him before and he knows just what to do. This is just one of several common “accidents” staged by (seemingly innocent) fraudsters hoping to score some quick cash, and they aren’t afraid to drag honest people like you into their…

Read More

Aug 29, 2018 Tornado in Ottawa ─ How Does this Affect You?

Tornado warnings have been a common sight and sound this Summer. If you’ve seen pictures or video of this natural disaster, you know tornadoes are no joke.  It can blow out windows, launch vehicles into the air, tear the roof off homes and severely damage the structural integrity of buildings. It does lead you to think, does your home policy cover you for damage caused by a tornado? Am I Covered? Damage to homes caused by hail or wind is generally covered. This includes damage caused by flying debris or falling branches. This would also generally include damage to your home and its contents when water enters through openings as a result of the wind or hail damage. In certain circumstances,…

Read More