How to go about securing the best policy for your insurance in Canada.
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Manulife Vitality Program May 31st
Introduction
Welcome to our latest blog article. Today we are looking at a Health and Wellness program called Vitality®, which can now be obtained when individuals or families purchase certain Manulife personal or group insurance plans.
This Vitality program can be used as an aid to improving heal.... More »
Watch: Home Insurance in Canada—what’s covered, what’s not, if premiums are rising and more + MORE Oct 11th
Planning your home insurance policy? Wondering if you should add on coverage to your existing coverage? Managing editor Lisa Hannam interviews Morgan Roberts, director of sales at RH Insurance, about what is covered with a typical home insurance policy and what’s not covered, as well as if premium.... More »
Is a personal injury settlement taxable, and can it impact OAS or GIS benefits? + MORE Aug 19th
Q. I received a small settlement for an Ontario car accident, which my lawyer says is non-taxable, and so noT4A will be issued. If I deposit the funds into a bank account, will this one-time settlement clawback my OAS and GIS benefits?
–J
A. I’m sorry to hear about your accident, J. Hopefully .... More »
A Year of Rate Hikes: Ontario Car Insurance Rates Have Increased Again Jan 15th
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 3.35 per cent on average..... More »
How to Save for a Home Down Payment by Investing + MORE Jul 13th
It’s something you have likely heard dozens of times before if you’re planning to buy a home: You must have enough saved up for a down payment! While it’s recommended you put down 20% of your new property’s value, you can technically go as low as 5% on the first $500,000 of the home price o.... More »
Reduce your home insurance by 20%
– moneysense.ca
(ARMSTRONG ROBERTS/ClassicStock/Corbis)Paid off your home in full? You’re entitled to more than a pat on the back. A number of the country’s top home insurance providers offer steep discounts to mortgage-free customers—in some cases as high as 20% off your premiums.
But even if you’re decades away from owning your home outright, you may still qualify for other little-known discounts. Several home insurance providers—including Canadian Direct Insurance, Aviva Canada and CAA—offer “new home” discounts of between 10% and 25% off. To qualify for a rebate, your home’s plumbing, electrical, roofing and/or hot water tank must be no older than 15 years of age and therefore less prone to wear-and-tear damages.
Not sure if you’re receiving any of these perks? The only way to find out is to call your provider and ask.
READ: 12 more home insurance breaks »
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