Steers Insurance Blog

Solar power is one way that homeowners can have more control over their energy future while reducing carbon emissions, and improving air quality. Solar Photovoltaic (PV) systems can help reduce your energy bills on average $1,750 per year, but they can also have an impact on your insurance so make sure you understand the implications on your policy.

A leaky tap, broken pipe or faulty appliance happens to everyone, but do you know whom to call or what to do when it happens?

Insurance is a must for every homeowner to have. Did you know you should also have proper protection for your secondary properties as well? Secondary properties are homes you do not occupy on a full-time basis such as a cottage or a vacation property. Not sure what you need to know about insuring your secondary properties? We’re going to give you some details you should have in hand to make sure you have the proper coverage to keep this type of property safe!

Each construction project comes with its own special requirements and challenges.  And, the window of unpredictable events that could disrupt your new build could turn your creation into ruin.  Are you sure that your insurance program has the proper coverage while your building is in the course of construction?

Insurance industry cycles are believed to last from two to ten years and are usually affected by world events and natural disasters. Unsurprisingly, the COVID-19 pandemic has caused a hard market for commercial underwriters.

According to data from Transport Canada’s National Collision Database, distracted driving contributed to an estimated 20% of fatal collisions and 21% of serious injury collisions in 2018. These statistics are part of an upward trend of distracted driving-related collisions, up from 16% of fatal collisions and 17% of serious injury collisions a decade earlier.

If you own a property or a business that has a possible pollution risk, you need to make sure you have insurance protection against liability. Even if you think you're insured, depending on your current policy, the cost of cleaning up petroleum spills, oil or other contaminants may not be covered. If you are susceptible to pollution, you may want to look into separate pollution coverage.

Boating is a fun way to enjoy the water, but do you know the rules and regulations that govern Canada’s waters? In addition to making sure your boat is properly insured, basic boating knowledge is also a must as is a Pleasure Craft Operator Card that can be obtained by taking a boating safety course or by passing a boating safety test from a Transport Canada accredited course provider.  Taking the boating safety test is not only a great way to build boating confidence but to also be prepared and educated for every circumstance.

Thinking about rolling up your sleeves to make improvements to your home? Whether the job is minor or an overhaul, as a homeowner, you have to think about who, how, and the expense of the project. Another key element some homeowners forget is how this change will impact your home insurance. Below are some important things to keep in mind while planning your next home renovation.