Insurance News & Information
Living, driving, working, travelling, boating
Exploding Sunroof Incidents on the Rise
A Consumers Report investigation finds that an exploding sunroof is not just a freak accident. Exploding Sunroof Incidents on the Rise Exploding sunroofs may sound like a rare occurrence but the number of incidents are increasing due to several factors. First,...
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Insurance Tips for Renting a Cottage
The costs of owning and maintaining a seasonal property compared to the small amount of time you may be able to enjoy the property is not for everyone. Here are some tips to assist you before renting a cottage and being handed the keys. Insurance Tips for Renting a...
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Insurance Tips for Renting out your Cottage
People love their cottages and they are great fun but they can be very expensive. Renting your cottage to others is a great way to generate revenue and lower your expenses. Here are some important insurance tips for renting out your cottage. Insurance Tips for Renting...
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Top 5 Myths About Car Insurance
When you are shopping for car insurance, there is a lot of information to consider before you buy. We break down the top 5 myths about car insurance. “Red cars cost more to insure than any other color of vehicle.” Contrary to popular belief, the color of your car has...
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Is boat insurance mandatory in Ontario?
Boat and PWC insurance is not legally required in Ontario. However, there are circumstances where you will be required to carry insurance by a marina or financing company. Is boat insurance mandatory in Ontario? Ontario does not have a law that requires you to carry...
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5 Tips for Maintaining Your Cottage through the Summer
Summer is finally here, and Canadians have already started planning their weekend escapes to the cottage. This video provides helpful tips to customers on what they need to do to maintain their cottage through the summer. 5 Tips for Maintaining Your Cottage through...
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9 Things to Know About Boat Insurance in Ontario
People love their boats and they are great fun but they can pose significant risks for their owners. Here are some important things to know about boat and PWC insurance in Ontario. 9 Things to Know About Boat Insurance in Ontario 1. Boat insurance is not mandatory in...
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New Ontario Rules of the Road Effective September 1, 2015
Effective September 1, 2015, the rules of the road will be updated by the Ontario Ministry of Transportation. Effective September 1, 2015, the Ministry of Transportation will update the rules of the road as follows:Distracted Driving Current: $60 - $500 fineNew: $490*...
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Consumers Urged to Use Caution When Using Ridesharing Programs
The Insurance Brokers Association of Ontario (IBAO) is raising awareness of the risks associated with ridesharing programs such as UberX for both drivers and passengers. The Insurance Brokers Association of Ontario (IBAO) is raising awareness of the risks associated...
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Boat Insurance Discounts for CPS Boating Essentials Course
Did you know that you can get a 10% discount on your boat insurance if you have passed The Canadian Power and Sail Squadrons (CPS) Boating Essentials Course? The Canadian Power and Sail Squadrons (CPS) is a non-profit organization that has been connecting boaters for...
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Do I Need Liability Insurance For My Drone?
Transport Canada created new rules in November 2014 that determine whether you need permission to fly an unmanned aircraft. Transport Canada requires you to carry a minimum $100,000 liability insurance. Do I Need Liability Insurance For My Drone? Transport Canada...
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Toronto Man Charged with Selling Fake Auto Insurance – Alexandr Chertin
Toronto police have arrested Alexandr Chertin, 73, for allegedly selling fake auto insurance pinks slips, resulting in insurance claim payouts worth more than $1 million. Toronto police have arrested Alexandr Chertin, 73, for allegedly selling fake auto insurance...
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5 Tips for Closing Your Cottage
The start of fall signals the end of cottaging season and the closure of the cottage. Closing up your cottage in the fall is important because you never know what sort of winter damage will occur before next spring. The start of fall signals the end of cottaging...
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FSCO issues warning of unlicensed insurance activity – Wangro Antoun
The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers that an individual known as Wangro Antoun is not licensed to conduct automobile insurance business in Ontario. The Financial Services Commission of Ontario (FSCO) has issued a...
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Kijiji Cottage Rental Scam Strikes Again – Steven Oriley
A person going by the name of Steven Oriley has been operating a cottage rental scam through Kijiji. A person going by the name of Steven Oriley has been operating a cottage rental scam through Kijiji the past couple of weeks. The cottage is not owned by Oriley and...
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Insurance Issues with Knob and Tube Wiring
Insurers consider knob and tube wiring to be higher risk than other types of electrical installations because there is no third ground wire, and the wires can be exposed through wear and tear over many years of use, thereby creating a potential fire hazard. Knob and...
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Insurance Issues with Oil Tanks
Oil tanks can rust, deteriorate, and leak oil resulting in an environmental cleanup that can amount to thousands or hundreds of thousands of dollars. Many homes across Canada use oil tanks as a source of heat, although oil tanks are more common in Eastern Canada. Oil...
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Insurance Issues with Galvanized Steel Piping
The life expectancy of galvanized steel pipes is 40 to 50 years. Both corrosion and restricted water flow can lead to leaking and/or rupture of the pipes. Galvanized Steel Piping was used in Canada until the mid 1960s and can be identified by the one inch diameter...
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