Canada Insurance

All Renters Should Do These 10 Things

YPNextHome | Posted 02.17.2017 | Canada Living
YPNextHome

You're a renter and you appreciate the lifestyle. Ask any homeowner who has received an unexpected roof repair bill, or had to call a plumber -- or had to move to accept a job offer -- and you'll appreciate it even more -- especially all of you "all inclusive" renters. Have you heard the news about hydro prices these days? Or do you enjoy your luxury of not having to pay attention to that issue.

What is Happening With Ontario Auto Insurance Rates?

Anne Marie Thomas | Posted 02.09.2017 | Canada Living
Anne Marie Thomas

Back in 2013, the province said they would lower auto insurance rates by 15 per cent. Since then rates have decreased overall, but the road to achieving a 15 per cent reduction in rates is long and the final destination is still off in the distance.

By Planning Ahead, My Family Was Protected When We Needed It Most

Jane Blaufus | Posted 01.10.2017 | Canada Living
Jane Blaufus

I have seen firsthand how important life insurance is when a tragedy of losing one's spouse occurs. Thankfully, in our particular situation, we had conducted our annual review with our life insurance advisor a year before he died, made sure our life insurance coverage was still adequate and updated our wills with our lawyer.

Preventative Home Maintenance Tasks You Shouldn't Ignore

Saskia Matheson | Posted 12.23.2016 | Canada Living
Saskia Matheson

Not unlike bringing your car into the shop for a tune-up, scheduled home maintenance can curtail an onslaught of costly issues down the line and help preserve your home's pristine condition. But the undertaking is often daunting for new and seasoned homeowners alike. With the multitude of tasks, where do you even start?

What Comes After "What If?"

Kelly Swanson | Posted 01.04.2017 | Canada Living
Kelly Swanson

Discussing a roadmap to protect your loved ones in the event of something terrible like a serious illness isn't easy, but it's important. A great way to take some of the pressure off is to consider some of the key factors at play, so you feel armed with the right information before you sit down with your spouse and then an adviser to discuss next steps.

It's Time To Get Your Car Winter-Ready

Anne Marie Thomas | Posted 12.07.2016 | Canada Living
Anne Marie Thomas

December is here and no matter where you live in Canada, the days have gotten shorter and cooler, and you may have already experienced snowfall. While you can't always predict the weather, it's pretty much guaranteed that you'll have to face at least a few storms during the winter season. And whether you're a veteran in driving under extreme weather conditions or you're still getting used to the feel of a snow-covered road, it's important to prep yourself -- and your car -- for what's ahead.

How To Minimize The Risk Of Flooding At Home

Anne Marie Thomas | Posted 11.25.2016 | Canada Living
Anne Marie Thomas

Whether or not flood damage is covered in your home insurance policy depends on your policy's coverage options and what caused the flooding in the first place. If your window is broken during a tornado and water enters your home, typically you will be covered. If water damage is the result of a "sudden and accidental discharge of water" such as an extreme heavy downpour, a burst pipe or a backed-up sewer, you are likely covered provided you have this endorsement on your policy (it's optional and you have to request it).

GTA Is Ontario's Most Expensive Car Insurance Region

Andrew Lo | Posted 10.21.2016 | Canada
Andrew Lo

If you live in Brampton, Vaughan or Mississauga and feel like you're paying too much for car insurance, you're not alone and you're definitely not ima...

Your Insurance And Health Care Won't Cover These Winter Expenses

Kelly Swanson | Posted 10.18.2016 | Canada Living
Kelly Swanson

The endless cycle of seasons has trained us well, and Canadians know to take all the necessary precautions to adjust to Old Man Winter. We swap out all seasonal tires for winter rubber, and switch off outside water sources. It's our own little insurance policy. Why don't we treat our health in the same manner?

Decoding 11 Driving Myths This Fall

Anne Marie Thomas | Posted 10.04.2016 | Canada
Anne Marie Thomas

The leaves are beginning to fall, the nights are getting longer and the daytime temperatures are dropping. Yes, the autumn season is upon us. To ensure your vehicle is ready for the changing weather conditions ahead, we're uncovering the truth behind 11 popular driving myths so you can brush up on your knowledge of your car and the roads.

Private Health Insurance Coverage In Canada Needs A Review

John Have | Posted 09.16.2016 | Canada Politics
John Have

Private health-care costs in Canada have grown dramatically over the last 40 years. Adjusting for population growth and inflation, private healthcare costs have increased by over 220 percent on average since 1975 -- or around $1,800 per person. That's no small figure for most Canadian families.

The 5 Worst Excuses For Not Getting Life Insurance

Dan Poole | Posted 09.01.2016 | Canada Living
Dan Poole

Going to the gym instead of crashing on the couch, having a side salad instead of fries, or taking public transportation instead of driving. What do these things have in common with buying life insurance instead of putting it off? Research shows that people get the same feeling of satisfaction knowing they did the right thing rather than choose the easier option, even if it meant there was a little extra effort involved.

Pokemon Go While Driving A Great Way To Catch Some Consequences

Andrew Lo | Posted 08.04.2016 | Canada Living
Andrew Lo

It's OK to engage in a little fun and chase around these imaginary characters, but safety always comes first. And when your attention is completely on your virtual surroundings rather than what's really in front of you, you can easily end up in a dangerous situation.

There Is A Reason Summer Drivers Get Into More Collisions

Anne Marie Thomas | Posted 07.29.2016 | Canada Living
Anne Marie Thomas

It's the most wonderful time of the year for motorists -- or so you would think. Despite not having to deal with snow or ice on our roads, there's actually a spike of driving tickets and a rise in collisions in July, August and September.

Protecting Your Family Through Life's Twists And Turns

Kelly Swanson | Posted 07.25.2016 | Canada Parents
Kelly Swanson

Critical illness is a term used to describe a variety of life altering and unexpected health conditions that can severely impact the way we live.... Many Canadians mistakenly believe they are already covered should these types of illnesses arise, or they don't appreciate some of the hidden financial impacts associated with a critical illness.

Mortgage Insurance Is Not The Best Way To Protect Your Investment

Josh Miszk | Posted 07.05.2016 | Canada Business
Josh Miszk

Having adequate insurance coverage to protect you and your family in the event that you can't pay your mortgage is a great idea. But is mortgage insurance the right type to buy?

Who's Got Your Back, New-Home Buyers?

YPNextHome | Posted 05.09.2016 | Canada Business
YPNextHome

New homes and their warranty coverage are increasingly in the news these days, whether because of rising prices or other challenges, and are the subject of some debate. And not all provinces handle new home warranties the same way. The bottom line, no matter where in Canada you're located or who provides the warranty coverage, do you research.

It's Time To Spring Clean Your Financial House

Jane Blaufus | Posted 03.15.2016 | Canada Business
Jane Blaufus

How critically important would it be for you to be in control if life as you know it changes this spring? Remember -- you can prepare now while you are of sound mind and body, or you can pay later. Which one would be your preference?

Why It's Important To Define Critical Illness

Kelly Swanson | Posted 03.17.2016 | Canada Living
Kelly Swanson

Critical illness is a term used to describe a variety of life altering and unexpected health conditions that can severely impact the way you live including working, enjoying time with family, and other activities. This category typically includes heart attack, stroke and cancer, as well as other serious illnesses like Alzheimer's disease. Unfortunately, these are all too common which is why we might want to dedicate more thought to it.

8 Unexpected Ways You Can Save Money On Your Tax Return

Caroline Battista | Posted 03.01.2016 | Canada Business
Caroline Battista

Even after mastering the basics of tax preparation and filing, a lot of filers will often find out new things about their tax returns that end up delivering a few more benefits along the way. I call these tax "aha!" moments.

Uber's Rise Is Forcing Canadian Insurance Companies To Adapt

CBC | CBC News | Posted 02.27.2016 | Canada Business

"Every Uber driver you drive with thinks they're insured."

Insuring Your Hot Street Tuner

Andrew Lo | Posted 02.29.2016 | Canada Business
Andrew Lo

Street tuners are vehicles with modified equipment that improve performance or make them unique in their appearance. But even though they are completely legal for regular driving, most insurance companies shy away from providing coverage for tuners.

10 Ways You Can Cut Your Car Costs

Anne Marie Thomas | Posted 01.27.2017 | Canada Business
Anne Marie Thomas

You've probably heard that buying a car is one of the worst investments you can make. Reports suggest Canadians spend more than $5,000 a year on maintenance and gas, not to mention tickets, driver's licence and plate renewals, parking and insurance. But does it really have to be this way?

The Biggest Personal Finance Fails Of 2015

Jeffrey Schwartz | Posted 12.31.2016 | Canada Business
Jeffrey Schwartz

To err is human. Mistakes can be a valuable learning opportunity, and sometimes, the bigger the mistake, the bigger your lesson will be. Lucky for us, there are plenty of people out there who made huge personal finance mistakes in 2015, and we have the benefit of being able to sit back and learn from them.

Life Insurance Should Be A Part Of Your Financial Toolkit

Doug Baker | Posted 11.25.2016 | Canada Business
Doug Baker

Too many Canadians overlook a critical aspect of their financial plan: life insurance. We know the number of households that own individual life insurance policies is falling, but the reality is that 33 per cent of families would be in immediate financial trouble if something were to happen to their primary breadwinner.