After the magnitude 7.7 earthquake struck near Haida Gwaii, followed by a 6.2 magnitude quake southwest of Prince Rupert, BCAA insurance advisers began receiving calls from customers wanting to review their insurance coverage
Company introduces Home Equipment Breakdown coverage and tire coverage to insureds
J.D. Power and Associates 2012 Canadian Home Insurance Study finds satisfaction with home insurers has increased across the country; BCAA ranks tops in the West, belairdirect tops in Ontario/Atlantic and La Capitale tops in Quebec
IBC says nearly one in three fires is caused by carelessness or negligent use of combustible materials, cooking appliances or mechanical and electrical malfunctions
CAA Insurance has tips for cottage owners to help protect against unexpected surprises when you return in the spring
Data from Allstate Canada finds kitchen fires in Quebec accounted for 35 percent of insurer’s kitchen fire claims
The most common stolen items reported to BCAA’s insurance claims department are: jewelry, digital cameras, iPods, cash, gift cards, video gaming equipment, and computer equipment such as laptops, desktops and iPads
Over 50 percent of spills reported were the result of oil tank corrosion
“Preparation is a family’s best defense against a natural disaster,” says Allstate’s Mike Roche
Nearly three-quarters (72 percent) of homeowners report that because they know their neighbors, they are confident their neighbors will do something, like call for help or intervene, if they see anything suspicious around their home
Nearly one-third of Canadian renters under 35 (32 percent) incorrectly believe they are covered under their landlord’s insurance policy, finds TD Insurance poll
Research shows that if it takes more than four or five minutes to break into a home, the burglar will go elsewhere
On average, burglars are taking £72.21 (CAD $114.39) worth of plants and trees with each raid
Desjardins General Insurance survey also indicates that nearly half of uninsured tenants age 18 to 34 are not familiar with civil liability
Less than half of poll respondents under age 35 know where they can turn off their home’s main gas line
Mortgage-helpers are indeed helpful, but there are insurance implications to remember
Rain barrels, if emptied regularly, could divert 4.5 million litres of rainwater runoff away from a municipality’s sewer system and out of homes,” said IBC’s Ralph Paulmbo after results of the Wingham Rain Barrel Study were released
Since 2003, the average dollar value of the articles stolen from burglaries has increased 51 per cent from $4,574 to $6,912 in 2011 – attributable to the popularity of easy-to-grab valuable items such as tablet and laptop computers, cell phones, video cameras and gaming consoles
“Working with Rogers Smart Home Monitoring, a system that detects water leaks before they cause severe damage, not only helps homeowners manage their risk, it can potentially contribute to a decline in overall property damage claims,” said Allstate Canada’s Ryan Michel
