A typical situation we come across daily is a client who owns a property that is being rented out will entertain renting out the house not just to 1 family but to multiple, unrelated people living and sharing 1 house or a unit within a house. It is important to understand that you must always… Read More »
Ontario Planning Stiffer Penalties
The Ontario government is making changes to the Highway Traffic Act in an effort to make the roads safer. The Ontario government is planning the following changes: Careless drivers who cause bodily harm or death will face a maximum of $50,000 in fines, two years in jail and five year license suspension with six demerit… Read More »
Why an Airbnb Host Needs Home Sharing Insurance
Many Ontario, Canada property owners are turning to Airbnb to rent out their properties on a short term basis for some extra cash, some may even do it as a full time business. It is important for you as a landlord to know what kind of home sharing insurance you need and also what is… Read More »
A Great Flooring Choice for Any Rental Property
Many times when redoing a rental property, a landlord may wonder what floor they should put in their property that looks good, is relatively inexpensive and perhaps most importantly will outlast the wear and tear of everyday life? A few years ago this could have been a hard question to ask but more recently flooring… Read More »
Why Contractors in Ontario Should Do This One Thing
As a contractor you probably work hard for your stuff, and let’s face it tools and equipment can get expensive. Many contractors insurance polices may not even cover you for tools or equipment, and tools can quickly depreciate in value especially after a few years of good use, so how much really can they be… Read More »
Why “Design-Build” Contractors Should Be Careful
Many contractors whether landscapers or home builders may advertise their services as Design & Build, but have you ever wondered what the implications of this can be from an insurance perspective? First, design aspects are never covered under a regular liability insurance policy. Errors that are a result of design work would typically be covered… Read More »
Moving from Saskatchewan to Ontario? Here’s How to Get Car Insurance in Ontario
If you have moved or planning on moving from Saskatchewan to Ontario here is a very quick tip on how to get car insurance. First, you would like for your driving experience from Saskatchewan to be recognized in Ontario, this will give you a better rate on your car insurance because without proof of prior… Read More »
Student Rentals in Hamilton
Are you a landlord to be searching for a student rental investment in Hamilton? This post will briefly describe the student rental market in Hamilton and how you as an investor and landlord to be can choose which area you would like to invest in. Hamilton, Ontario makes a perfect City to invest in student… Read More »
Ontario Car Insurance Options
Just like purchasing a car, when you walk into a dealership to purchase a car you may ask what options the vehicle has. This is really no different than buying car insurance in Ontario. The most basic car insurance policy in Ontario provides liability insurance at a certain limit and then you may add coverages… Read More »
How to get – and keep – the best tenants for your rental property
What you need to know to attract a tenant who values your home as much as you do Anyone who’s rented out a portion of their home, or indeed their entire home, knows that it’s not always a comfortable thing. On the pro side is extra income; this might be a luxury (your 20-something moved… Read More »