People think their quad, side by side, snowmobile or the kids dirt bike is covered on their insurance policy. This idea is wrong! There is no coverage on farm, business or home insurance policies unless they are specifically scheduled. When you do choose to insure these on your farm or business policy you are only …
Your broker will be able to help you answer these questions. Deductible – You may consider increasing your deductible to the next highest option or even higher. The higher the deductible, the lower the annual premium. Tidiness – Always keep your property in good condition, from grass to roof. Insurance companies inspect your buildings considering …
If have an insurance claim with any of your machinery you will likely need to rent a replacement until you have the damaged one repaired or replaced. This can be a costly experience for you unless your insurance policy covers the expense. The Machinery Loss of Use Coverage will pay the rental cost of the …
Your life is an asset, just like a car, a home, or a business. When you lose it, you may like to be compensated for its value without having to trade in other assets. The mortality rate in this country has not changed. It remains at 100%. The question is, what is the length of your …
Are you renting building space? This could include grain bin, machine shed, and garage or office space. If you are, be sure to mention this to your insurance broker. In the event of damage occurring, you may be required by law to cover the costs of repair. The requirement may come from the landlord or …
Love Morris 2013
Let’s say for a moment that you have a business and you rent out a portion of your business building to another business. Now, you hire a sub-trade to do some work in this building and they start a fire. Tenants may be injured while escaping from the fire, the building may be damaged and …
Shawn Graydon began his career as an insurance broker in 1999 and is currently the Business Development Manager at Rempel Insurance Brokers Ltd. Shawn achieved the Canadian Accredited Insurance Broker (CAIB) designation in 2004. In order to facilitate his position as the long-haul trucking insurance specialist and commercial insurance producer, in 2010, Shawn completed the …
Insurance affects everything and everything affects insurance. We can all agree that insurance allows those who own a car, a home or operate a business, to do so without the fear that some terrible incident could leave them unable to function. However, few people are aware of the extraordinary impact the industry has on the …