Canada’s auto theft rates have reached crisis levels. With provinces across the country experiencing double digit increases in the first half of this year, the industry is estimating $1 billion in losses for 2023. The financial and emotional stress associated…
Even though summer is not yet over, customers with motorhomes, watercraft, trailers, and cottages should already start thinking about fall and winter. In recent years, more people have taken an interest in lifestyle products, notably the younger demographic, with many…
With provinces across Canada lifting mobility restrictions, one survey by InsuranceHotline.com shows that 23% of Canadians are ready for a getaway — perhaps to the cabin near trees, beaches and the lake. But some cottagers may be in for a…
Personal lines clients who own Recreational Vehicles (RVs) need specialized insurance, and the coverage they need depends exactly on how the clients plan to use the units. Specialized RV coverage includes guaranteed replacement cost for newer trailers, emergency roadside assistance,…
Water is often touted as “the new fire,” but not in cottage country, where fire still ranks as the Number 1 cause of loss. “In personal lines, we have seen water become the new fire, or in some cases surpass…
Avid cottage enthusiasts may benefit from some of the “bells and whistles” offered in a standalone policy, as opposed to simply attaching their recreational homes to existing homeowner policies, according to a lifestyle insurance expert at Aviva Canada. Benefits of…
Brokers may have noticed that clients currently looking for help with insurance for lifestyle-type products have fewer grey hairs than those who used to make such purchases. Working with younger customers, who are starting to represent a larger share of…
Boats with high-tech safety gadgets are starting to look a lot more like cars nowadays — and that means more expensive and difficult repairs, as Aviva Canada reports. “The big trend we are seeing right now in watercraft is big…
It’s important to practice good safety measures to help avoid the most common accidents. Your RV customers will know there’s nothing like exploring the countryside from the comfort of an RV. With almost every convenience at your fingertips, you can…
When people typically think of collector cars, they may immediately think of something like a 1970 Dodge Challenger, a Classic Corvette, and other cars of that vintage. But collector cars also include exotics — think of something from Lamborghini —…
Seasonal properties may be more of an “all-season” event this year, as Canadians working remotely from home may choose to do their work in a more scenic cottage setting instead. For Canada’s property and casualty insurance brokers, the “fluid” living…
For the first time in Canada, someone has been convicted of impaired driving charges causing death while paddling a canoe. “This is a unique case in that it is the first time [that] charges have been prosecuted respecting the operation…