What Distracted Driving Means for your Car Insurance Existing Fines and penalties are changing January 1st 2019 for Ontario Drivers with A to G Licensed. Starting January 1st 2019 you’ll face: First conviction: a fine of up to $1,000 three demerit points a three-day day driver’s licence suspension Second conviction within 5 years: a fine… Read More »
Clocks Change This Weekend!
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 »
This One Safety Feature May Save you 15 Percent on Your Car Insurance
Insurance companies are recognizing that cars on Ontario roads are becoming safer and some companies are offering fifteen percent discounts on car insurance if your vehicle has Automatic Emergency Breaking or AEB. In cities like Toronto where Toronto Car Insurance is amongst the highest in the country, it can make a big difference. What Cars… Read More »
Attention Landlords: New Standardized Lease in Ontario
Starting April 30th 2018 landlords in Ontario are now required to use a new standardized lease agreement made by the Ontario government. You can see a copy of the lease here: Click here for Ontario’s new 2018 standardized lease. Why Is There A Standardized Lease? According to the government they are trying to make an… Read More »
Impaired Driving Car Insurance FAQ
Here is a list of common questions that get asked for clients who have been charged with impaired driving also commonly known as DUI in regards to car insurance. Will my rate automatically increase with my car insurance company after getting a DUI? In order for your rate to increase as a result of an… Read More »
Toronto’s Passes New Airbnb Regulation
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 »
What is a Rooming House ?
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 »