Steers Insurance Blog

Whether you just bought a new home and you’re shopping for home insurance or you just received your renewal notice in the mail. You may be wondering how home insurance companies determine the amount you’ll have to pay for coverage. Let us break it down for you.

It's common for construction businesses to have Commercial General Liability (CGL) insurance, which provides coverage to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises. Although Commercial General Liability is considered comprehensive business insurance, it does not cover all risks a business may face.

Did you know the number of fire hazards has increased since the beginning of the COVID-19 pandemic? This is mostly due to people spending more time at home. Two of the most common types of fire hazards are cooking and electrical fires.

Business risk is the possibility that an adverse or unexpected event may potentially interfere with a business's ability to function at its regular capacity. It could also be an event in which an insurance claim may be submitted.

Home insurance is designed to protect you and your family when you need it most — but all policies have limits and exclusions, and you may want to add extra coverage to make sure you’ll always be protected.

If you have a smartphone, you likely have a digital wallet where you can store electronic copies of your credit cards, debit cards, event tickets, boarding passes, and even some forms of government ID. Now, many insurers have made it possible for you to carry a copy of your pink slip in your phone’s digital wallet, too. This means you’ll have one less piece of paper in your wallet and easy access to your pink slip at all times.

The Insurance Bureau of Canada (IBC) reported that water damage is a leading cause of damage and loss. These losses add up to close to $2 billion every year.

There’s no denying that Canadian winters are beautiful. But when you have to get in your car and hit the road, that picturesque snow globe we call home can start to look a little less sparkly. Whether you’re a new driver or a seasoned veteran, take some practical precautions before, during, and after each winter drive or road trip to make sure you (and your vehicle) arrive safe and sound.

Gaps in your insurance coverage can cost you thousands of dollars

If you’re planning to travel abroad in the coming months, having adequate insurance coverage is essential. You can save yourself thousands of dollars in unexpected charges by reviewing your insurance coverage and its limitations before your travel.

Are you looking to save on your home insurance? Making improvements around your home or opting for a higher deductible are some ways to find savings. Have you thought about asking your broker about discounts to help reduce your insurance premium? Here are 10 to consider that may help,