How to go about securing the best policy for your insurance in Canada.
Latest News
Scotiabank Scrambles to Fix Credit Card Statement Errors Nov 8th
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to.... More »
Tenant Insurance: How much is your stuff worth? + MORE Nov 11th
Tenant insurance is what stops a bad situation from becoming a true worst-case scenario. It protects you from the immediate results of a bad situation, in three very important ways: Contents, additional living expenses and liability.
Those are insurance terms, but here’s what they actually mean to.... More »
What COVID-19 Has Taught Us About Insurance & Preparedness + MORE Aug 15th
During these unprecedented times, we know that many of you may be feeling stressed, overwhelmed, and maybe even a little paranoid about the future. We also understand that due to COVID-19, your worldview may have changed when it comes to the stability of your job, health, and home.
While Baker &.... More »
Cisco’s Fast Future Innovation Awards is Accelerating Canadian Innovation, Returning for 2022 + MORE Sep 13th
An innovative idea is like a ripple in an ocean: given the right push, it can become a tidal wave. That’s something Mathieu Lachaîne, the Chief Technology Officer of Montreal-based smart-building-technology firm Sentiom knows firsthand.
Sentiom developed a cutting-edge AI-driven monitoring-and.... More »
What is universal life insurance? + MORE Jun 25th
Among your different life insurance options, a universal life insurance policy is one of the most complex. It requires more involvement than both term and whole life insurance policies—so you can’t simply set it and forget it. And you have decisions to make regarding how much you pay, and how th.... More »
Do You Need to Insure a Car, Motorcycle, or RV That’s Sitting in Storage?
– ratesupermarket.ca
Everyone thinks about car insurance in terms of road liability. There are hefty fines for driving without insurance, and you should always have coverage in case of a collision. But what about those seasonal vehicles or classic cars you don’t drive?
As it turns out, there’s good reason to keep those vehicles insured year-round as well. You will be protected in the event that damage is caused while the vehicle is parked or stored. . You can change your coverage so you’re not paying for protection you won’t need.
Protection for a Range of Hazards
Even off the road, there are a number of ways your vehicle could be damaged. Fire, theft or other damage are also perils covered by auto insurance. If any of these happen to you, the bill comes out of your pocket. That can lead to substantial costs, especially if you are storing a high-ticket item like an RV or classic car.
Future Premium Discounts
If you do cancel your insurance, you have to start it up again eventually. But you may discover at that time you’re no longer eligible for long-term policy holder discounts from your insurer…
