News & Blog: Personal Insurance
Covering the insurance-related issues and developments that matter to our personal and business clients.
Jul 31, 2019 How to Choose the Right Tenant Insurance Limits
One of the most common myths about insurance is that renters don’t need it. Your landlord has insurance, so you’re covered, too…right? Unfortunately, this isn’t the case. When there’s damage to your building, your landlord’s insurance will probably cover the walls around you and any major appliances that came with your unit, but it won’t cover your own stuff. This is where tenant insurance comes in — and it’s important to make sure you have the right amount of coverage in place in case of an emergency. Your licensed insurance broker will know what questions to ask you to make sure your policy meets your needs, but you can also consider these tips when setting your limits. How much personal property coverage do renters need? Personal…Read More
Jul 17, 2019 How to Insure Your Backyard Wedding
There’s a lot to think about when you’re planning a wedding — especially when you’re hosting it yourself. From choosing the right chair rental service to helping your guests find overnight accommodations, your to-do list is likely jam-packed, and the last thing you should be worried about is what might happen if something goes wrong — and whether or not your insurance will cover it. We’ve got the answers to your questions to help make sure your big day goes off without a hitch. Does your home insurance cover a backyard wedding? As long as you aren’t breaking any laws, selling alcohol, or disobeying the terms outlined in your policy, your home insurance will apply as normal during your backyard wedding. The main parts of…Read More
Jun 19, 2019 How to Prepare for More Severe Weather
It’s no secret that climate change is leading to more frequent and more severe weather events and catastrophes around the world. Here in Canada, some of the most obvious examples include an increase in wildfires, more extreme heatwaves, and flooding. Consider these tips to make sure you’re prepared to protect your home in case of a major weather event in your neighbourhood. Get the coverage you need before you need it Insurance, in a nutshell, is planning for the worst and hoping that it never happens. When clear skies are in the forecast, reviewing your insurance policy might not be top of mind, but it’s essential that you have the right coverage in place before the worst happens. This means reviewing your policy to make sure…Read More
Jun 4, 2019 Tornado / Windstorm Coverage and FAQ’s
Orleans tornado, taken from Trim and Watters in Orleans.Photo Credit: Michael Dalrymple With the Ottawa area having just experienced its second tornado event in the past 10 months, the obvious question on everyone’s mind is, “Will my homeowner insurance cover damage to my home, caused by a tornado event?” Am I Covered? Damage to homes caused by hail or wind is generally covered by a standard homeowners insurance policy. 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, homeowners who are unable to live in their homes because of the insurable damage are entitled to…Read More
May 10, 2019 15 Items Your Home Insurance Might Not Cover
You count on your home insurance to protect you when you need it most — and when you’re dealing with an emergency, the last thing you want to worry about is whether or not all of your belongings will be covered. The good news is, the majority of your stuff is probably covered by your standard home, tenant, or condo insurance policy. But there are some items that your policy may specifically exclude, and others that might come with special limits. If you take the time to familiarize yourself with the types of items that typically aren’t covered by home insurance, you can talk to your broker and make sure you get the protection you need before you need it. Items that aren’t typically covered by home…Read More
Apr 30, 2019 What Information Do I Need to Provide When Making a Home Insurance Claim?
Dealing with an emergency at home is never easy, whether it’s a fire, break-in, or flood. Thankfully, your home insurance policy is there to protect you and your family when you need it most. Keeping track of some important information before, during, and after an incident can make for a smoother claims process and help you feel at home again as quickly as possible. When you make a home insurance claim, you could be asked to provide any of the following information: Details about the incident: a description of what happened in your own words; whether or not the incident may have been caused by a faulty product (e.g., faulty plumbing parts or electrical wiring) — if possible, keep the faulty item for the adjuster to inspectDamage…Read More
Apr 18, 2019 A Car Crashed in to My House – Who Pays?
The Headline at CBC news Ottawa reads, “SUV narrowly misses man — in his living room”. Picture it in your mind….. You are sitting on your couch watching the news. Maybe your mind is on the story you are watching on the television, or maybe you are thinking about the family dinner you are starting to plan for the Easter Weekend. Should you do turkey, ham or….SMASH, CRASH, BOOM!!! It is a scary thought. As I was reviewing related tweets in the following days, I started to see the question asked…. “I wonder who pays for the damage to the house –…Read More
Apr 16, 2019 Damaged Tree Replacement Grant
Did last years tornadoes destroy your trees? Residents in the Ottawa-Gatineau region can now get grants to replace their damaged trees from last year’s tornadoes. Tree Canada, Canada’s leading national tree charity, is supporting Ottawa-Gatineau residents replace trees lost from last September’s devastating tornadoes through its Operation ReLeaf Ottawa-Gatineau Tornadoes program, an ambitious greening initiative which provides funding to affected residents to re-plant trees on their property. Tree Canada’s program, in cooperation with the City of Ottawa, Ecology Ottawa, the Ville de Gatineau and le Conseil régional de l’environnement et du développement durable de l’Outaouais (CREDDO), will provide up to $300 in funding to private landowners (i.e. residences, condominiums, institutional) who own/manage a property and who had individual trees destroyed by the…Read More
Mar 12, 2019 Does Insurance Cover Flooding? Is it Considered an Act of God?
I asked Twitter if anyone had real estate questions that they would like answered. One question was: “What is covered and what is not covered when it comes to insurance and flooding… and what is considered an Act of God.” I am not an Insurance Broker, so I reached out to the Insurance experts at Rhodes & Williams Insurance Brokers, and here’s their response in full! (Thanks, Brian!) Peggy Blair Sales Representative Royal LePage Team Realty ___________________________________ Hi Peggy, and thanks for reaching out with this question from your readers. It is very important for homeowners and tenants to fully understand their home insurance coverage. With changing extreme weather patterns, questions around flooding is a common question these days. So, what is covered…Read More
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