General insurance info posts archive

General insurance info posts archive

What is a proof of loss form and why do I need it?

November 18, 2024

If you were to get into an accident, say a fender bender, and your car sustained damages for which you wanted to be reimbursed,…

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The difference between an insurance endorsement, rider, and floater 

July 8, 2024

Insurance is a complex product and understanding its terminology can be confusing and frustrating. For example, what…

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Where do my insurance premiums go? 

June 24, 2024

Insurance has been around for thousands of years, but how it works hasn’t really changed all that drastically. In a nutshell,…

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What is reinsurance and how does it work?

May 27, 2024

Even though it happened far from Canada, the recent collapse of the Francis Scott Key Bridge in Baltimore has got people…

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What happens to an insurance policy after the policyholder dies?

May 21, 2024

The unexpected passing of a loved one is not something anyone wants to think about. The burden of having to tie up all their…

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Understanding why insurance prices are rising

March 27, 2024

Between the price of rent, daily necessities, gas, and more, there’s no question that Canada is in the thick of a cost-of-living…

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What are the implications of missing an insurance payment?

February 1, 2024

Household financial needs are becoming increasingly difficult to meet for many people. According to StatsCan, one in…

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Pros & cons: Insurance brokers, agents, direct writers & comparison sites

April 13, 2021

There are four different ways to shop for home, car or other personal insurance in Ontario. You can shop directly with an…

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FSRA and insurance regulation in Ontario

May 21, 2020

On June 8, 2019, the Financial Services Regulatory Authority of Ontario (FSRAO) replaced the Financial Services Commission…

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Missed payments during COVID-19

March 25, 2020

The COVID-19 pandemic is wreaking havoc all over the world, leading not only to severe health challenges and social isolation,…

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