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Canada’s best travel credit cards 2020 + MORE Jan 3rd
With a good travel credit card in your name, going on a trip can suddenly become affordable. And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexib.... More »
Canada’s best credit cards for travel insurance + MORE May 27th
These days, nearly all credit cards include some kind of travel insurance. Like purchase protection, it’s an easy add-on to entice customers, but savvy Canadians know that not all insurance is created equal. Most travellers really only need to consider a few kinds of coverage: emergency medical, t.... More »
BMO Ascend World Elite Mastercard review May 3rd
If you’re itching to travel again, BMO has a card designed to help you get there. With an attractive insurance package and perks like airport lounge access, the BMO Ascend World Elite Mastercard seeks to tempt users into the BMO Rewards program. But here’s the big question: Is the card good enou.... More »
CMHC tightens mortgage rules in latest response to COVID-19 + MORE Jun 12th
On June 4, 2020, the Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic.
The new rules will lower the amount of debt an applicant for an insured mortgage can carry, set a hig.... More »
BREAKING: Ontario Car Insurance Rates Increase + MORE Apr 20th
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 1.24 per cent on average..... More »
Berkshire profit climbs 9.8 per cent on insurance, railroad
– theglobeandmail.com
Net income rose to $5.16-billion (U.S.), or $3,143 per share
Telling tales: Insurance claims from around the world
– moneysense.ca
Home insurance claims from around the world (Getty Images / Dimitri Otis)Not sure if you do this but every time I see a link to a Pinterest Fails gallery, I just have to click it. Not only are the images hilarious but being a rather un-crafty person, I can relate.
So, it comes as no surprise that I would find ridiculous home insurance claims more than mildly amusing. I’ve been through the flood, the sewer back-up, the power failures and the extreme home renos. And if I haven’t been through it I’ve spoken to someone who has. (I can still recall Bruce Ritchie’s chilling near death experience when a semi-truck and trailer slammed into his house. Now that was not funny.)
While most home insurance claims are on the mild side, a few are not, and even fewer are just downright strange. So, here’s a collection I’ve culled from a few years tinkering, talking and poking around on the subject.
#1. Basic chemistry (for insurance folks)
A number of years ago, a U.S. homeowner put in a water damage claim only to have it rejected…
