Product Liability

What is product liability, and does your business need it?

If your business makes or sells products via a storefront or e-commerce website, you have a responsibility for the quality and safety of those products. If one of those products causes harm to a customer, or causes property damage, you could find yourself in the middle of an expensive and time-consuming lawsuit. To avoid massive financial hardships, its important to have a product liability policy in place, which can help mitigate the costs associated with lawsuits filed against your company (...)

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Red Light Cameras

How do red light cameras work?

Red light cameras are designed to photograph vehicles that enter a specific intersection after the traffic light has turned red. If you’ve been sitting in the intersection waiting to turn left since the light was green or yellow and it goes red as you’re turning, you’re probably safe. If you’re turning right at a red light, you could trigger the camera if you don’t stop and take the time to look both ways before moving into the intersection. Generally speaking, red light cameras are either mounted on a free-standing pole (...)

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Parking Lot Accidents

Parking lot accidents, who’s at fault?

Parking lots present a higher probability of being involved in an accident than other roadways or highways, particularly in winter when the asphalt is covered with ice and snow. The accidents themselves typically aren't severe given that the travel speeds, but it's still important to be extra mindful. It doesn't take a massive accident to cause extensive damage to your vehicle these days. The questions that we always get asked is, who's at fault if more than one vehicle is involved (...)

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Questions for home

What questions should I ask when shopping for a new house?

Whether you’re a first-time home buyer or you’ve done this all before, there’s a lot to think about when you’re hunting for a new home, and you probably have hundreds of questions bouncing around in your head. Is it in a safe, friendly neighborhood? Does it have a secure backyard where my dogs can run free? And how far away is the nearest grocery store? But have you thought about how different parts of the house itself could impact the cost of your home insurance, and even your eligibility for coverage? While you’re picturing life in a new home, don’t forget to ask some important questions about the house.

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Vacation Home

Considerations When Renting a Vacation Home Abroad

Booking international travel vacations can require a lot of planning before hand - if you're the organized type. You'll want to make sure you've got the necessary visa applications, transportation lined up, and accommodations booked in order to make your vacation magical and memorable! If you're the type of traveler that prefers renting a vacation home instead of a hotel, its definitely a lot easier to book now with many options including VRBO, HomeAway and Airbnb (...)

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Increasing claims costs

Increasing Cost of Claims – Top Five Evolving Risks

In 2017 the insurance industry paid out $1.33 billion following a catastrophic event relating to climate change. This is the fifth time in seven years that the industry has paid over $1 billion annually for climate related losses. There are so many factors that contribute to these increasing losses that it's hard to pinpoint one issue. For water, people are finishing their basements more often, and weather events are becoming more frequent, resulting in catastrophic water losses. Thunderstorms with hail is another catastrophic event that can quickly add up, especially when gold ball sized hail is pouring down on a large city center (...)

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Sport Accident Insurance

Sport Accident Insurance – For Sports Associations

No matter how careful you are, sports related injuries are part of life as an athlete. Most athletes, or parents of athletes, are familiar with the drill- injury, ice, rest, physio. Injuries, and the resulting time on the side lines, can take its toll on players, coaches, teams and families. From a financial perspective, the frustrations can quickly turn to panic as the costs mount. Unfortunately, provincial health plans do not cover physio, and personal benefit plans can be quickly depleted. Wouldn’t it be great if there was a way to support your athletes in their recovery?

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third party liability

Third Party Liability Explained – Auto Insurance

Third Party Liability Coverage protects you if someone else is seriously injured or dies, or if their property is damaged, caused during the use of your vehicle. Your liability coverage will pay for accident benefits, medical costs, lawsuits and damages awarded to the injured party, but it will only pay up to the amount of coverage you have chosen. You can choose the amount of your liability coverage depending on what makes sense for your situation (...)

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Home Endorsements

Cover up: 5 Common Home Insurance Endorsements

Home insurance is designed to protect you and your family when you need it most — but all policies have limits and exclusions, and you may want to add extra coverage or endorsements to make sure you’ll always be protected. In the insurance world, an “endorsement” is a change to the coverage outlined in your insurance policy. It can add or remove coverage, and it overrules any wording in the policy itself. A “rider” (also known as a floater) is an endorsement (...)

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