General
Dollars & Sense
A perspective from your insurance broker. Why do insurance companies earn money? Who benefits from a strong insurance industry?
What Is Insurance And Why Do I Need It?
Insurance has many forms and functions but really just one purpose – to provide peace-of-mind. Your broker can tell you more about the basics of insurance and can help you make sure your needs are covered.
How Can I Reduce The Effects Of Fraud?
Insurance fraud affects you, and you can help to reduce it.
Inventory
Why should you take an inventory of your home or apartment? An up-to-date inventory will help you to:
- Purchase enough insurance to replace your possessions
- Get your insurance claim settled faster
- Consider adding pictures of your possessions, which can be done easily with a digital camera or walk through your home or apartment and videotape the contents. Remember to open closets. One advantage of videotaping if that you can narrate what you are filming.
And remember to keep your inventory away from your home.
How Does My Policy Really Work?
Contains definitions that explain a few of the major building blocks of
home insurance.
How Do I Choose The Right Policy For My Home?
Make sure you purchase a policy that reflects the unique qualities of your home, its contents and the people who live there. Your home should be insured from the
moment you take legal ownership – even if it is under construction. Your broker’s expertise is particularly useful at this stage when you really need to match policy features with needs.
Knowing the value of the contents of your home is vital to being properly insured. Your broker can help you find the tools and resources you need. Take the time to ensure that your most precious things are protected.
How Much Is Enough Liability Insurance?
Liability insurance is mandatory, but you can adjust the level to make sure your needs are met. Ask your broker for more information about liability insurance and how to obtain the right level of coverage.
What Do I Need To Get An Insurance Quote?
Whether you are transferring your insurance from another province, seeking to change insurers or owning a car for the first time, the process of getting an insurance quote can be daunting. In general, the more the insurer knows about you and your driving record the better off you will be, even if your record is less than perfect. Full disclosure at the beginning will save any risk of is representation if you do need to make a claim in the future.
The right insurance is an important tool to protect any business. Let your broker help you plan and arrange the right insurance for your business. Anyone operating a business, whether it’s home-based, a large industrial operation or a professional services office, needs commercial insurance as part of an overall risk management strategy.
What Extra Coverage Should I Be Aware Of?
Special policies can cover the risks unique to your business. These are just a few of the special coverages available for special situations, your broker can tell you more.
How Can I Reduce The Risk In My Business?
A risk management program is the best way to systematically reduce the impact of risk. Your commercial insurance broker has the experience to help you manage the insurance risks in your business. An experienced commercial broker knows how to identify and manage many of the risk factors in your business and translate that knowledge into a cost-effective risk management program.
