Keyword
tenant insurance
Are your tenant insurance clients fully covered?
September 29, 2023 by Jason ContantTenant insurance premiums in Ontario rose nearly 9% year-over-year, according to a recent blog from rate aggregator LowestRates.ca. Even though tenant insurance is one of the most cost-friendly coverages available, many renters take out the minimum coverage of $30,000 for…
Pandemic prompts policyholders to shift purchasing behaviours
February 10, 2022 by Alyssa DiSabatinoThe pandemic’s prompted Canadians to spend more time researching and evaluating their insurance options online, according to a recent Ratehub.ca report. Ratehub.ca’s 2021 Digital Money Trends Report, looked at how Canadians interact and evaluate insurance policies and services, based on…
How many Canadian renters lack tenant insurance?
January 11, 2022 by Alyssa DiSabatinoCorrection: This story has been changed to reflect new information. The survey had 491 respondents rather than 1624, and the percentages of renters with insurance was 65% in Quebec, vs. 46% in the rest of Canada, rather than 48% vs.…
Probe points to discarded smoking materials as likely cause of B.C. apartment building fire
February 24, 2021 The Canadian PressABBOTSFORD, B.C. – Improperly discarded smoking materials likely played a part in a recent fire in an Abbotsford, B.C., apartment building that left more than 100 people homeless. Assistant chief Ron Hull, with Abbotsford Fire Rescue Services, says the extent…
Another casualty of the hardening market
August 8, 2019 by Jason ContantAs the market continues to harden, one brokerage in Ontario is seeing reduced appetite from carriers to write tenant insurance. “There’s more demand for renters insurance and a lot of our markets don’t seem to want to write renters insurance,”…
Why brokers need to stay in front of students who move away from home
June 28, 2018 by David GambrillStudents who leave home for school represent a big opportunity for brokers to provide value-added advice on a variety of insurance coverage changes, but the key is for brokers is to get in front of the students before they make…
Tenant insurance too expensive at $15 per month, renters say
April 10, 2018 by Jason ContantDespite the fact that premiums start as low as $15 per month, nearly half of consumers polled by insurance comparison site Kanetix.ca reported that they couldn’t afford renter’s insurance. Last month, Kanetix.ca conducted a Google Survey of 1,000 Canadian renters,…
IBC encouraging policyholders to discuss policy limits with insurers as B.C. wildfires continue
July 10, 2017 by Canadian UnderwriterAs British Columbia has declared a state of emergency due to wildfires burning out of control throughout much of the Interior, the Insurance Bureau of Canada (IBC) is encouraging policyholders to discuss policy limits with their insurer. Most home and…