Solar panels are a great way to invest in your own property and reduce your energy bills as well as your overall environmental impact. As a homeowner, you may have to consider several factors when deciding whether or not to install solar panels on your property. Installation costs, energy savings and other factors are common considerations when it comes to making the decision to switch to solar energy to power your home. One factor you may not yet have considered is the impact your new solar panel system will have on your home insurance. To help you make an informed decision you should contact your broker before installation.
How Will Solar Panels Impact my Home Insurance?
Topics: Home Insurance
Tips to help customers prevent water-based losses
The Insurance Bureau of Canada found that water damage is a leading cause of catastrophic losses. These losses added up to close to $2 billion every year. One way insurers can help their customers avoid water-based losses is by taking the correct preventative measures around their property.
Topics: Home Insurance
A house fire of any size is devastating, which is why taking an active approach in preventing fires is so important. This spring, take some time to review this fire prevention list to make sure you're on the right track to preventing fires:
Topics: Home Insurance
Topics: Home Insurance
Auto rates on the rise during the COVID-19 pandemic
You may have heard that auto insurance rates have been on the rise since the pandemic began in March 2020.
Topics: Auto Insurance
Is your vehicle ready for spring roads? Ensure your vehicle is in good shape so you can keep your attention where it belongs – on the road.
Topics: Auto Insurance
Water damage is one of the leading causes of home insurance claims across Canada. Whether it’s caused by a sewer backup, the spring thaw, or burst pipes, damage caused by water can be costly and inconvenient to repair. Luckily, there are simple tips that may help protect your home:
Topics: Home Insurance
Spring is here! Many look to this time of the year as the end of worrying about the havoc weather can cause on their property. Unfortunately, this is not the case. Extreme weather can cause billions of dollars in damages every year. Being prepared for such risks is a key way to avoid this hazard. Keep these handy hints close at hand to get your home or business ready for any surprises spring may throw your way!
Topics: Home Insurance
Why is it beneficial to have a Loss Control survey conducted?
Whether you have a home, a business or a farm, hazards can occur anywhere on these types of properties. One way to assess these possible issues is to have a Loss Control survey conducted from your insurer.
Topics: Commercial Insurance
Spring is always a welcomed time of year. It's a time to open the windows to let in the fresh air, declutter closets and drawers of unneeded items and give our vehicles a good cleaning inside and out. It's also a good time of year to give your home a maintenance check to see how well it has survived the winter, and to see if anything requires repair or replacement.
Topics: Home Insurance