Articles and posts related to home insurance
On December 16 2021, City Council approved implementation of a vacant home tax in Toronto starting in January 2022. How The City of Toronto will Define a Vacant Home The city of Toronto will consider the home vacant if it has been unoccupied for more than six months during the previous calendar year. Exemptions apply: … Read more
After today’s rain storm in Toronto we thought it might be a good idea to go over a few ways you as a home owner or landlord can protect your house and property from water damage. 1.Clean gutters of leaves and debris Rainfall on your roof needs a proper channel to exit the roof and … Read more
When you are getting ready to buy a home whether for yourself or as an investment property you should always be prepared for the unexpected. Whether you can do things yourself or you have to hire someone it is always good to know what to do in a situation that requires maintenance or if something … Read more
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 ofAirbnb home insurance you need and also what is included … Read more
Difference Between Home Insurance & Rental Property Insurance A common misconception about home insurance is that as long as the home has insurance it is insured and that it does not matter if you have renters. This is simply not true. When applying for insurance you must be up front with the Insurance Company; who … Read more
After the most recent flooding that occurred across the Greater Toronto Area, residents especially in the Toronto area are concerned about how to prevent future sewer backups in extreme weather conditions. What many people don’t know is, is that The City of Toronto has a Basement Flooding Protection Subsidy Program. This program allows Toronto residents … Read more
A common question when giving a quotation on insurance is when a client may ask “You tell me the building coverage is $385,000, but I only paid $265,000 for the property and that’s including the land. Why?!” This is a common question and we will provide a short answer and a longer answer The Short … Read more