How to go about securing the best policy for your insurance in Canada.
Latest News
How much does it cost to insure an electric car? + MORE Mar 20th
Electric vehicles (EVs) are quickly zipping into the hearts and driveways of motorists across Canada, so you might be asking yourself how much it costs to insure one. While EVs remain fairly expensive to purchase compared to traditional gasoline- or diesel-powered vehicles, they offer some unique ad.... More »
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 »
Uninsured auto insurance 101: What you need to know Dec 9th
Uninsured motorist coverage is used to protect you if you’re involved in an accident with someone who does not have valid insurance, or even if you’re left behind in a hit-and-run scenario.
We know what you’re thinking: Isn’t every vehicle required to have insurance in Canada?
Yes, but the.... More »
What to do if you’re a victim of bank account or credit card fraud Jan 12th
Ask MoneySense
We have been defrauded of over $20,000 by someone who was able to make unauthorized e-transfers from our bank accounts. The bank has recovered a small portion of them, and it has refused responsibility for any more. I am at level three of the complaint process, and I am wondering how .... More »
TFSA contribution room calculator Oct 15th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds&n.... More »
When Your Neighbor’s Tree Falls, Who’s Responsible?
– ratesupermarket.ca
A beautiful landscape with mature trees is picturesque. That is until a neighbor’s tree falls in your yard. Blame it on high winds or lack of upkeep, but accidents happen. And tree damage can quickly create tension among neighbors if you don’t know how to handle the situation.
Use these tips to avoid arguments and have that messy cleanup handled properly.
Who’s at Fault?
Unfortunately, when a neighbor’s tree falls in your yard, it’s your responsibility to clean it up – – in some circumstances. A tree falling unexpectedly can happen from severe weather like a hurricane or storm. Or, it can happen due to neglect.
When It’s Weather-Related
Exterior wind damage is responsible for some home insurance claims. Substantial rains can soak roots and topple mature trees making them highly susceptible to winds. In this case, the owner of the tree is not responsible for damage to neighboring properties.
If your neighbor’s tree falls in your yard, contact your insurance company…
