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Top reasons for home insurance to increase, and ways to save

Even if you’re a model customer with no claims, other reasons beyond your control could be pushing your premium up.Extreme weather events and catastrophes are more frequent. As forest fires, floods, storms, and other weather events become more frequent, they cause extensive damage, resulting in more costly claims. Municipal infrastructure is getting older. Outdated municipal infrastructure and a higher demand for water make sewer backups more frequent, resulting in more damage-related claims (...)

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How to prevent a sewer back-up claim

The sound of running water can be soothing…unless that water is running somewhere it shouldn’t be, like your basement floor. Water damage is the leading cause of home insurance claims in Canada — and there are many ways unwanted water can end up in your home. One common cause of water damage is sewer backup, which happens when water begins to flow backwards into your home. Yes, this is just as unpleasant as it sounds. Not only does exposure to sewage pose a health hazard, but the clean-up process is extensive and costly (...)

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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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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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Special event insurance

What Insurance Do You Need to Organize A Sports Event?

Thinking of organizing your own sports event? It’s a great way to get everyone together, raise money for a charity or even have a bit of fun. If you're new to organizing events, or you don't do this on a full time basis, the world of insurance can be a little confusing. Accidents happen all the time, and sporting events are no exception. Whether you're hosting an event or you're participating in one, a lot could go wrong in a very short period of time. You may or may not be sued, however knowing you are protected from any frivolous or legitimate claims will certainly give you peace at mind (...)

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Renovation Project

Is Your Home Renovation Covered By Your Insurance Policy?

Planning a renovation can be a fun and exciting time. Whether you’re re-modelling your existing space or preparing for an addition to your home, you’ll likely begin by browsing design magazines and blogs, visiting open houses and model homes, and pinning your favorite ideas to your Pinterest boards. But then there’s all that other serious stuff that needs to be done too, like planning your budget, finding the right contractors, and applying for the necessary permits (...)

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myDriving App FAQ

Intact’s myDriving Application – FAQ

Intact's myDriving discount has been around for quite some time monitoring your braking, acceleration, and what time your drive your vehicle. Previously this information was tracked via a plugin device that was installed into your vehicle, but as of recently this data can now be tracked through a cell phone application. The application allows you to view a road map of each trip you take, including any events (hard braking, rapid acceleration, driving during high risk periods), and see your potential savings (...)

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Additional Living Expenses

What Is Additional Living Expenses Coverage?

Your home insurance policy can protect you from so much more than physical damage to your property and liability claims. Additional Living Expenses coverage is included in most home insurance, condo insurance, and tenant insurance policies. It can help cover out-of-pocket expenses when you’re forced to leave home because of an insured event or government-ordered evacuation (...)

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Credit card

Does Your Credit Card Provide Adequate Travel Insurance?

I’ve always been a staunch believer in travel insurance. When I first started travelling with friends, I was surprised that most of them didn’t buy travel insurance! Those that did often relied on credit card insurance coverage. However, I’ve since learned that not all policies are created equal, so if you’re relying on credit card or group plan travel insurance coverage, you may want to reconsider (...)

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