No one want to go through the event of having to put forth a property claim, but luckily, thanks to your insurance you are able to receive compensation for your destroyed, damaged, or stolen property. Depending on your policy there are two ways that your insurer can calculate how much compensation you would receive, either replacement cost, or actual cash value (ACV). To determine what the difference is between the two, let’s examine what each term means. Then we can look at how to ensure you receive the fairest amount of compensation for your loss.
By Insurance Hunter Team on Thu, 12/14/2017 - 17:50
By Insurance Hunter Team on Wed, 12/13/2017 - 12:01
What if those discounts start to really stack? Wouldn't an auto insurance company be in big trouble if most of its customers claimed for several discounts all at once?
By Insurance Hunter Team on Tue, 12/12/2017 - 16:23
If you’re like many Canadians, you’ve probably never given your auto insurance documents a good look. The world of insurance is a confusing one – there are terms you may have never heard before and concepts that you don’t understand.
One of the top questions brokers get asked in Canada is what it means to be at fault or not, and what either one means to your insurance.
By Insurance Hunter Team on Mon, 12/11/2017 - 16:00
Given the current financial climate of the country, it’s more important than ever for young people to establish financial goals. Without a roadmap, your bank account can sink like the Titanic, and you might even take on debt, like water on...the Titanic.
To avoid crashing into a financial iceberg, let’s set some financial goals for 2018, shall we? Here are considerations as we head into 2018.
You might be surprised to learn that home insurance doesn’t always cover everything you own in your home. To be sure that your most valuable possessions are covered by insurance you might need to purchase one of these five common home insurance riders.
By Insurance Hunter Team on Thu, 12/07/2017 - 17:02
Bundling your home and auto insurance is one of the top tips when advising how to save money on your insurance needs, so you’ve probably found that the suggestion pops up over and over again. But, how much does bundling actually save you on your home and auto insurance, and is it really worth it? Let’s have a look at the numbers and find out.
By Insurance Hunter Team on Wed, 12/06/2017 - 15:49
With entrepreneurship on the rise in Canada, some professionals who have been laid off from their corporate jobs are choosing to start their own business and work from home. While running a business out of your home helps you save money when you’re getting your business off the ground, what many are forgetting to consider are the possible property insurance implications.
By Insurance Hunter Team on Tue, 12/05/2017 - 16:20
You got a new job in another province. Excellent news! You are all excited to move to your new home. You search online to find a nice place to live. You start to pack all your belongings and say goodbye to your loved ones.
Before you go, auto insurance comes to your mind. You are not sure if you need to update your auto insurance or continue with the same premiums.
By Insurance Hunter Team on Mon, 12/04/2017 - 17:29
Your home insurance works hard to ensure your home is covered, but you may be surprised to know that your home insurance also works hard to cover a number of your other assets as well. Here are 7 things you may possess, that your home insurance extends its coverage to.
By Insurance Hunter Team on Fri, 12/01/2017 - 12:46
Not to be confused with accident forgiveness, ticket forgiveness is an auto insurance add-on that essentially gives policy holders a guarantee that their premium won't rise if they receive any tickets for certain driving infractions. Notice the inclusion of the word certain.