Entries for category "home"

It’s estimated in 2019 Canadians spent north of $80 billion to spruce up, repair, upgrade or expand their homes. Now, it looks like any momentum lost in early 2020 by the renovation industry due to the pandemic may be found again. According to a recent HomeStars survey, almost three quarters (74%) of Canadian homeowners plan to improve their homes in 2021.

If you’re a homeowner, chances are you’ve got home insurance. But how familiar are you with the coverage you have and the factors that go into your home insurance premium? Test your home insurance savvy with the InsuranceHotline.com Truth About Home Insurance quiz.

As emergencies go, one could certainly argue we’re in one with the COVID-19 pandemic. Few would likely disagree. And while you may have most of what you need to ride out the remainder of the pandemic, do you have what you need in your home emergency kit if a severe storm hit causing a power outage for days?

What goes on outside your window can have a big impact on what happens inside your home. Severe weather, like high winds and heavy rains, can cause considerable damage. But have you ever considered how the reverse may be true too? What happens inside and around your home may affect what happens outside your window.

From the roof to the basement to the outdoor living space and the garage, many things go into your home insurance rate. And, just like auto insurance, home insurance rates can vary substantially between insurers for the same home at the same address. But what affects your home insurance rate specifically?