Don’t forget that this weekend on Sunday November 4th 2018 – 2:00AM clocks turn backwards 1 hour. Although you get one extra hour of sleep now, the reason why this is an important date is so homeowners and landlords use this date as an important date to do some important home maintenance for their properties… Read More »
Toronto has passed new rules for owners of property that rent out on home sharing platforms such as Airbnb. The rules will take effect July 1st 2018. What’s New? The new rules will require short-term rental operators to register with the City as well as pay license fees of $50 per year as well as… Read More »
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 »
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 »
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 »
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 »
As a small to medium sized landlord in Ontario or even a landlord to be, this post will give you a general overview of your options when it comes to insuring your rental property and getting landlord insurance. We will try and break things down and make it as easy as possible to understand, but… Read More »
The standard home insurance policy in Ontario covers your home, your contents and liability claims made against you. But not every policy is created equal. Speak to a licensed insurance broker about your homeowners policy today. Homewoners Policy Coverage Building & Detached Structures Coverage for the structure of your home your homeowners insurance may be… Read More »
Want More Savings? Consider combining your home and car insurance with Humberview Insurance and you can receive up to a 15 percent discount on insurance. Other factors that could save you money is having a claims free record, purchasing a brand new or newly renovated home, installing a monitored fire and burglar alarm, and being… Read More »