Entries for category "home"

Did you know that if you have a home alarm system you may get a discount on your home insurance rate? Yes it’s true. Most insurance companies typically offer a discount on your home insurance rates, if you install a home monitored alarm system. To confirm if this is option...

Along with the warm weather, summertime also brings an increase in travel plans. From May-24 to Labour Day, weekends begin with cottage-country traffic jams and the majority of Canadians use some, if not all, of their available vacation time to travel when the weather is warm. This tends to coincide with an increase in the incidence of home burglaries. One insurance company recently released statistics stating that their rates of home insurance claims for home theft increased by 13, 20, and 31% during the months of June, July and August respectively from April.

With spring finally here, it's a great time for homeowners to review their insurance policies and make sure that they're covered against the type of damage that comes with the change in weather. During the spring, floods and the resulting water damage can be caused by the combination of snow melt and heavy rains that come with this time of year.

In a worst case scenario, when an accident happens and you actually need to make a claim on your home insurance, are you confident that you will get the kind of coverage you really need?Given the huge assortment of different coverage options that are offered by Canadian insurance companies, it is no surprise that most consumers are often thoroughly confused as to what their policy actually covers. In the event of a disaster, is your coverage sufficient to provide the peace of mind you need? In order to put yourself at ease and be confident in the knowledge that you are covered for anything that can go wrong, you should consider asking the following key questions before you purchase your policy. Any reputable home insurance company will be more than willing to answer the following questions for you.

For many people, the cost of their home insurance premiums may seem to grow year after year. This equates to an ever tightening strain on many homeowners' annual budgets, and can be a real difficulty. However, it may actually possible to reduce the cost of your home insurance premiums considerably, if you know how to go about it. These tips will help you try to reduce your rates!

Your home is likely the biggest investment you'll ever make, so it makes sense to protect it. In Canada, you need to hold some form of home insurance to secure a mortgage, but there are questions you need to answer before you buy. How do you know how much insurance you need? What perils are covered under your insurance policy and which ones aren't? Home insurance may seem difficult to understand at first, but with a little bit of knowledge you'll be able to make the right decision to protect your home and your family.

Contrary to what some people think, home insurance and mortgage insurance are not the same thing! Read on to learn about each type of insurance and the difference between the two. When people think of home insurance and mortgage insurance, often they assume that they are the same, or at least very similar. In fact, they are completely different and address two different insurance needs. Let's have a look at each one and explain the differences.