Entries for category "home"

Only about 50% of renters have the protection needed that comes with a tenant insurance policy. Whether it’s due to cost, feeling they don’t have much to insure, or believing they have coverage under their landlord’s policy (or a roommate’s), the rest are putting themselves at great financial risk.

Are you taking a critical eye to your house and considering what areas could be improved? Whatever project you plan to undertake, everyone naturally expects a renovation or upgrade to add value to the home.

It’s estimated in 2019 Canadians spent north of $80 billion to spruce up, repair, upgrade or expand their homes. Now, it looks like any momentum lost in early 2020 by the renovation industry due to the pandemic may be found again. According to a recent HomeStars survey, almost three quarters (74%) of Canadian homeowners plan to improve their homes in 2021.

What goes on outside your window can have a big impact on what happens inside your home. Severe weather, like high winds and heavy rains, can cause considerable damage. But have you ever considered how the reverse may be true too? What happens inside and around your home may affect what happens outside your window.

From the roof to the basement to the outdoor living space and the garage, many things go into your home insurance rate. And, just like auto insurance, home insurance rates can vary substantially between insurers for the same home at the same address. But what affects your home insurance rate specifically?