Blogs

Condos are an increasingly popular property choice, whether you're a first time home buyer, a professional moving to a new city, or a retiree looking to downsize. Insurance is just as important for a condominium as it is for a traditional home, but there always seems to be confusion around what a condo policy covers. At its core, condo insurance covers your contents and liability, while the strata corporation covers insuring the structure. It's important for you to understand what's included in these policies and where you want to make sure your coverage is sufficient.

The wildfire season can be an incredibly traumatic time. By taking some simple precautions ahead of time, you can protect your family and your home. Have a plan in place for your family should wildfires threaten your home. Here are some tips to help protect your home:

There are many Agencies and Brokerages to choose from that offer insurance, but not all companies are alike. Below are 5 questions you should ask when getting insurance.

Our Insurance expert, Nicole, shares her thoughts on the importance of holding an insurance policy.

Whenever someone asks me about the importance of insurance, a story always comes to mind.

When I first started in insurance, I was training with a group. One woman, when asked about her understanding and history with insurance, related a story that still resonates with me today.

Home insurance policy provides coverage for five main areas:

• The primary dwelling/building
• Other Structures such as storage sheds and detached garage
• Personal property
• Loss of use (if the dwelling is uninhabitable due to damage)
• Personal Liability (if your negligence caused injury to a person or his property)

The home policy is generally an “all perils” type of coverage that includes damage due to fire, theft, wind, hail, hurricanes, water and sewer backup. Earthquake is available for extra premium.

The policy provides replacement cost for both building and contents.