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 »
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 »
Difference Between Home Insurance & Rental Property Insurance
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 »
4 Steps to Investing in the Student Rental Market
Read Below to find out how to invest in the Ontario student rental market. The information below is intended to put you on a head start to becoming a student house landlord. Research Rents Google, the name of the University or College area with the words: “off campus housing”. Most universities and colleges have a… Read More »
How To Get The Most Out of Your Rental Properties
How to get the most out of your rental properties And by most, we mean the most $$$ you can possibly earn as an Ontario landlord With real estate prices in big Ontario cities soaring past all forecasts, it may seem like all you need to do in order to maximize the profits from your… Read More »
New Driving Laws Effective September 1st 2015
The Ontario Ministry of Transportation has added new rules and harsher penalties. There are 3 main changes. Increased fines for distracted driving Increased fines for dooring cyclists and new rules for driving around cyclists Moving over for tow trucks providing assistance Distracted Driving As of September 1st 2015 the fines and penalties for a… Read More »
What is Back On Track?
If you have been convicted with an impaired driving conviction or have received more than 1 roadside suspension in the warn rage, one of the requirements in order to drive again is to attend a mandatory alcohol education program. The facts: The fee is between $178 for warn range drivers to $578 for convicted impaired… Read More »
Ontario’s System on Impaired Driving and what it means for High Risk Car Insurance
Find out below using the chart what happens after 1st convictions for impaired driving in Ontario, Canada. Remember, you may be convicted for impaired driving while under the influence of alcohol or drugs. Novice Drivers (Those with GT1, G2, M1, M2, M2-L or M2-M licenses) Zero blood alcohol content law applies means that novice drivers… Read More »
Why Investing in Ontario Student Rental Properties Might Be a Good Investment
Whether you are looking to purchase your first investment property or you are a landlord with a rental property portfolio, owning a student rental property might just be a good investment. Over the years, investing or owning a student rental house had a negative stigma as many potential investors viewed it as high maintenance home… Read More »