All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
Tighter rules prompt mortgage slowdown as CMHC insured 41% fewer loans so far this year May 30th
Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall..... More »
Do I need flood insurance? Jun 4th
Flood insurance is still pretty new to Canada—it was only introduced in 2015. And while only 19% of Canadians live in flood-prone areas, like along the coasts or in the Maritimes, the Government of Canada reports that floods are the most common natural hazard here, causing over $1 billion in damag.... More »
How to fix bad credit history in Canada: 3 steps to boost your score + MORE Oct 3rd
In Canada, your credit score matters—a lot. A solid credit score is more than just a number. It opens doors to financial products, saves you money and improves opportunities for renting, car insurance and employment.
Negative marks to your credit score can happen because of different factors yo.... More »
Scotiabank Passport™ Visa Infinite* Review May 19th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
Everything you need to know about your car insurance deductible + MORE Mar 12th
If you just bought a new vehicle or are reviewing your insurance coverage needs, you may have questions about your deductible. Questions like: How does a car insurance deductible work? Do I need one? Will my premiums be affected? And, how much will it cost me? Once you understand the basics, you can.... More »
A guide to cottage insurance
– moneysense.ca
(Getty Images / Fuse)Huntsville, Ont., with a population of just under 20,000, is a half-hour drive from Algonquin Provincial Park, and the ice trails at Arrowhead Provincial Park are within the town boundaries. You can find gluten-free smoked duck salad at The Mill on Main, a bathtub derby during a July festival and six—count ‘em, six—brokerages.
“When we just opened up [in 2013],” says Tim Withey, president of Huntsville’s Withey Insurance Brokers, “…some of my friends and colleagues in the neighbourhood were saying, ‘Well, how can you be another broker just opening up? There’s only so many people who buy insurance in this town.’”
But there’s no need to limit business to one town or even one time zone. “I’ve actually, over the years, built a pretty good side of business to do a national program,” says Withey. “So we’re licensed across the country.”
Double-duty cottages »
Withey also points to the importance of association work. “We’re endorsed by WETT [Wood Energy Technology Transfer] Canada, which are the wood stoves…
