What is landlord insurance? + MORE Sep 24th

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News

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 »

The Power of Positivity: a Q&A With Onlia’s Fernand Vartanian Oct 19th

What’s new in the world of insurance? Over the last few years, drivers in Ontario have been eligible for discounts or incentives based on safe driving behaviour. Recent regulatory changes mean that now some providers of pay-as-you-drive policies could increase a customer’s premium if the trac.... More »
 term insurance

Watch: Climate change in Canada and the rising cost of home insurance + MORE Oct 3rd

What does climate change have to do with home insurance? Weather-related insurance claims have gone up in Canada. And that is having an impact on not only weather, but also home insurance premiums. MoneySense’s Managing Editor, Lisa Hannam, explains. Watch: MoneySense – Home Insuran.... More »
 home insurance

What types of insurance do I really need and which can I live without? Oct 7th

Life, disability, critical illness. The world of insurance can be confusing. A financial planner weighs in on the ones you might want to consider..... More »
Not sure about DeFi? Here’s how Coinchange is making crypto investments safe and easyAs of September 2021, there is over $115 billion USD worth of assets in the decentralized finance crypto market.

Vadim Filippov, Chief Science Officer at Coinchange
Decentralized finance, or DeFi, provides an alternative to traditional banks. Instead of having a third party in a financial transaction—a role banks traditionally played—there is no intermediary. Instead, transactions are handled automatically through technology, executed using smart contracts.
“All financial transactions and records are immutable, un-editable, securely stored on the blockchain,” says Vadim Filippov, Chief Science Officer at Coinchange, a FinTech company that generates yield for customers through blockchain-based assets. “This allows trading, lending, borrowing, insurance and other financial transactions to be automated. And with that automation, the fees generated can go to users, instead of intermediaries.”

Demystifying crypto with yield farming

One of the biggest draws of DeFi is yield farming, which can bring higher rewards than traditional investments…

Continue Reading On moneysense.ca »

What is landlord insurance?

– moneysense.ca

Landlord insurance, true to its name, is a type of policy for people who rent out a room, an apartment or a house to tenants. Also known as rental property insurance, it has some key differences from home insurance—the biggest one being coverage for loss of rental income, in the event that your property becomes temporarily uninhabitable.

Landlord insurance vs. home insurance

Home insurance protects a homeowner, and landlord insurance protects the landlord. While that may seem intuitive enough, it can get more complicated if you rent part of your home or another home.

Get personalized quotes from Canada’s top home insurance providers.Home insuranceRenters insuranceCondo insuranceYou will be leaving MoneySense. Just close the tab to return.

Does your home insurance cover you if you rent out part of your home?

Your home insurance policy may be suitable for renting out part of the property where you live (say, a basement apartment). Typical home insurance protects the dwelling, detached structures on your property, personal property (your stuff—not that of tenants) and liability for personal injury or damage to other people’s property caused by you, your family and/or your pets…

Continue Reading On moneysense.ca »


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