It might not come as a surprise that most people admit to taking phone calls and reading texts while driving. What is surprising is that many are doing so because they are feeling work-related pressures to engage in the risky behavior, according to The Travelers Companies, Inc.
Work pressures might be propelling distracted driving rates
Wildfires destroy thousands of acres of land and hundreds of buildings annually. Damages sustained at your business are not only limited to fire damage, but also can include smoke and water damage to your property, as well as lost income when businesses are shut down due to evacuation orders.
Make the most of your RV insurance with coverage that counts
Welcome to the wonderful world of RVing. There are so many exciting adventures ahead of you! Before you set off on the open road, it’s important to consider how to protect your RV – and keep the fun times going, even when there’s an unforeseen problem.
Protecting Your Commercial or Residential Building From Water Damage
Why did my home insurance cost go up at renewal time?
If the cost of your home insurance recently went up, several factors likely went into determining your new premium. While some price increases may be due to factors within your control, others are caused by issues that are affecting home insurance customers across the country. We’ve got the lowdown on some common reasons for price increases and some things you can do to save.
Topics: Home Insurance
With businesses facing rising inflation, continued supply shortages and soaring prices amid a Consumer Price Index hitting a 30-year high1, we wanted to shed some light on what this means for you in terms of the impact on your insurance.
Topics: Commercial Property Insurance, Inflation
Whether you’re buying your first home, getting ready to downsize, or you’ve recently experienced an increase in the cost of your home insurance, we’ve got some of the best money-saving tips to help you get the right coverage at the right price.
Topics: Home Insurance
What Everyone Must Know About Preventative Maintenance of Their Assets
Being proactive certainly has its benefits, but some planning and organization are usually required. Therefore, many wait for something to happen before taking steps to rectify the situation. We will consider the factors required and suggest simple methods so that you do not incur unnecessary costs and downtime because of a lack of preparation. It doesn’t all need to be complex, but there are things to keep in mind.
Topics: Commercial Insurance, Personal Insurance, Preventative Maintenance
Inflation and Underinsured Claims, Here’s What You Should Know
Over the past two years, we have seen an increasing trend of underinsured claims across our Personal and Commercial Property lines. Fueling this trend has been issues with customers not being adequately insured to value, resulting in higher claims coming in than what customers are insured for. With inflation hitting new record levels and driving up the costs of claims, even more, it’s more important than ever to ensure our customer's Commercial and Personal Properties are insured to value.
Topics: Commercial Property Insurance, Inflation, Personal Insurance
Tips To Protect Yourself From Auto Insurance Fraud
Auto insurance fraud is a serious problem costing Canadians $2 billion annually and post-accident services scams are on the rise. At OTC, we've seen customers fall victim to these scams. With March being Fraud Prevention Month it's a great time to think about how you can remain vigilant and protect yourself against fraud.
Topics: Auto Insurance