Why your home insurance rates are rising Dec 14th

Insurance policy getting you down? There are always sound insurance alternatives.
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 renter's insurance

Mortgage insurance calculator Jun 4th

CMHC insurance calculator If you’re buying a home and have a down payment of less than 20%, you’ll need to purchase mortgage default insurance, also known as mortgage loan insurance or CMHC mortgage insurance (named after the Canada Mortgage and Housing Corporation, one of the three mort.... More »
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If my flight is delayed or cancelled, can insurance offered by my credit card help cover the cost? Aug 4th

Medical insurance is typically the first thing that comes to mind when someone mentions travel insurance. But you could get a lot more out of your credit card..... More »
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What is renters insurance and how does it work? We make it make sense + MORE Jun 8th

While many people are under the assumption that their landlord’s insurance will protect them, there are actually big differences to be aware of, said money expert Jessica Moorhouse..... More »

What is tenant insurance? Feb 20th

Tenant insurance, also known as renters or contents insurance, is one of the costs of adulting that seems to have no payback. But the reality is that you likely can’t afford not to have tenant insurance. The cost of a policy (which can range from $15 to $30 a month) is a small price to pay when yo.... More »
At first glance, James Arnold looks like an insurance company’s dream client. The Richmond, B.C., resident has owned his current home for more than two decades, has been with the same insurance company for almost 20 years, and in all those years had never made a claim. At least, not until recently when a tree fell on his property, clipping his detached garage and ripping the power lines right off his home. “It was a small claim,” he says, “at a cost of only $3,000 after the deductible.”

Arnold wasn’t naive. After the claim was settled he knew his home insurance rates would rise, but the 15% hike in his rates was far more than he anticipated. It was particularly hard given that Arnold, along with many of his neighbours, had already been subject to a recent policy-wide 7.5% rate increase the year before and a 6.5% premium increase the year before that. All told, Arnold saw his home insurance payments jump up by almost one-third in just three years. “When I shopped around, I found that rates had gone up everywhere,” he says…

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