$100 to protect your home from a lightning strike + MORE Jul 1st

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
 insurance agents

Tech Entrepreneur Lauryn Vaughn Is Changing the Resale Fashion Game Jul 15th

My entire career has been about using technology to sell upscale consignment clothing. But my starting point was in traditional fashion: When I was a commerce student at the University of Calgary, I landed an internship with the designer Paul Hardy. That was my introduction to retail behind the scen.... More »
 life insurance

Which Cities Have Cheap Auto Insurance? + MORE Jul 26th

Are you looking for cheap auto insurance in Ontario? Ontario has some of the highest insurance rates in Canada. The average insurance premium in Ontario is estimated at $1,473. According to the Kanetix.ca Insuramap tool, in Brampton, drivers pay about $2,494 and in Toronto it’s $1,948. Thes.... More »
insurance

Does a 21-year-old need life insurance? Jul 18th

Q: I am 21-years-old, studying full-time, working part-time, and I would like to know when is the “right” time to get life insurance and if I really need life insurance this young. I work in the banking services industry and I hear a lot of my customers discussing their insurance detail.... More »
 house insurance

CPP payment dates this year, and more to know about the Canada Pension Plan Aug 4th

In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
 term life insurance

If my home is destroyed, will insurance cover its full replacement cost? Feb 20th

If you live in an area susceptible to flooding or other natural disasters, experts say, you should double-check that your insurance policy covers your home’s full replacement cost.... More »
WASHINGTON – Traffic deaths surged last year as drivers racked up more miles behind the wheel than ever before, a result of an improved economy and lower gas prices, according to preliminary government data released Friday.
Fatalities rose 7.7 per cent to 35,200 in 2015, said the National Highway Traffic Safety Administration. Last year was the deadliest driving year since 2008, when 37,423 people were killed. It was also the year in which American drove 3.1 trillion miles, more than ever before.
The information comes as tens of millions of Americans were hitting the road for the Fourth of July holiday.
Historical data show that after peaking in the 1970s, traffic deaths have fluctuated quite a bit while generally trending downward, according to the Insurance Institute for Highway Safety. Large dips in deaths have corresponded to shocks to the economy: the oil embargo of the mid-1970s, the recessions of the early 1980s and early 1990s and the more recent downturn that began with the subprime mortgage crisis…

Continue Reading On canadianbusiness.com »

$100 to protect your home from a lightning strikeIt’s beautiful and alluring. It can also be devastating. According to the U.S.-based Insurance Institute, lightning strikes rarely destroy a home, but they can cause quite a bit of damage. In 2009, the average homeowner insurance claim damage, due to lightning was US$4,324. But add up and those claims and insurance companies paid out almost US$1.1-billion in claims due to damage caused by lightning strikes.
Yet, we underestimate the need to prevent lightning from hitting our homes. “The great majority of claims we receive in Canada are from electrical surges,” explained John Lockwood, president and CEO of Peel Mutual Insurance Company in Brampton, Ont. during a CITopBroker.com interview. “The actual damage to the structure is usually inconsequential, except when it starts a fire. Most residences aren’t going to go to the trouble of putting up an electrical rod or ground system—it’s too expensive, it’s not aesthetically pleasing and the chances of [lightning destroying a home] are pretty remote…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!