Keyword
Home Insurance
Rebuild contractor wins lawsuit vs. homeowner’s breach of contract
August 14, 2018 by Greg MeckbachAfter her home burnt down, a homeowner tried to get the proposed rebuild to fit the quotation of an insurer, contributing to a breakdown in the relationship between the homeowner and the contractor. The dispute led to a lawsuit to…
After leak causes $3-million damage to dream home, plumbing contractor loses bid to block insurer’s subrogation
July 19, 2018 by David GambrillA plumbing contractor facing a subrogation lawsuit from a homeowner’s insurer is not eligible for coverage under the homeowner’s purchased Residential Builders–All Risks [RBAR] insurance policy, an Ontario court has ruled. Joseph and Lidia Maio had their dream home built…
Why homeowners are happy with their insurers despite rate increases
June 29, 2018 by Jason ContantDespite rising premiums, homeowners’ satisfaction with their insurance providers has increased for the third consecutive year, according to the J.D. Power 2018 Canada Home Insurance Study. The survey, released on Thursday, rated overall satisfaction at 786 on 1,000-point scale. Homeowners…
How home insurers could be on the hook for cyber bullying
June 4, 2018 by Greg MeckbachCyber bullying, which can result in liability claims under home insurance policies, will soon be grounds for lawsuits in Nova Scotia. The Nova Scotia government is now “on the verge” of bringing Bill 27 into force, law student Brayden McDonald…
The latest home insurance product for brokers to figure out
May 19, 2018 by Greg MeckbachWith equipment breakdown and other new coverages available from homeowners’ insurance carriers, brokers need to make sure their clients or prospective clients are aware of their options, a Regina-based broker warns. “There are so many new products” available in homeowner…
A new way to manage identity theft risk
May 7, 2018 by Greg MeckbachA law intended to reduce the risk of identity theft, which is covered under some home insurance policies, is one step closer to reality in Ontario. Bill 8, the Access to Consumer Credit Reports and Elevator Availability Act, passed third…
Mixed responses to bullying in home insurance policies
February 8, 2018 Greg Meckbach, Associate EditorHome insurance can cover parents of alleged bullies who are sued by their victims, but policy wordings vary from insurer to insurer, a lawyer told claims professionals Tuesday. Cyber bullying encompasses many activities, including defamation, promoting hatred against people and…
When drone damage could trigger a home insurance claim
February 8, 2018 Greg Meckbach, Associate EditorWhen consumers fly unmanned aerial vehicles as a hobby, will their home insurance policies cover them for any lawsuits arising from property damage or personal injury caused by the drones? For the most part, aircraft is excluded in the wording…
What brokers need to tell homeowners hiring renovators
January 9, 2018 by Greg MeckbachBrokers placing home insurance should be advising clients on how to vet renovation contractors, a spokesperson for a bidding website advises. Some contractors could be working on homes without having workers compensation insurance, and while they may have insurance certificates…
Affluent Market
November 10, 2017 Tia Becker, Manager of Personal Insurance, Burns & Wilcox CanadaMany wealthy homeowners have risks that are hard to place and may be suited for high-net-worth insurance policies, which can be tailored to reflect differences in contents and lifestyle.
Esurance expands online auto and home insurance to Ontario
September 21, 2017 by Canadian UnderwriterEsurance has announced that it is expanding its online auto and home insurance to Ontario. Esurance – an Allstate company with homeowner and auto insurance available across Alberta, Ontario and the United States – uses “advanced technology to offer an…
37% of Quebec tenants have no home insurance: IBC survey
September 6, 2017 by Canadian UnderwriterNearly four in 10 tenants in Quebec have no home insurance, “a regrettable situation that clearly puts their financial security at risk,” the Insurance Bureau of Canada (IBC) said in a press release on Wednesday. A survey completed for IBC…