Canada’s household debt is at a record high: it’s expected to rise to 174% this year (it was at 171% at the end of 2015). This means that for every $100 of disposable income, households have debt payment requirements of $171. A recent report from the Parliamentary Budget Officer said that of any other G7 […]
The real estate market in many Canadian cities continues to stay hot, leading many to invest in condos to rent out, and that means a different set of insurance requirements for both the landlord and the tenant. Unlike usual home insurance, there is an additional party involved – the condominium corporation. This means that insurance […]
In the last few months there were many heated discussions and arguments about Uber’s ride-sharing services. Apart from the emotional side that Uber drivers put pressure on cab businesses, there was an issue with insurance that had not been properly resolved – what kind of insurance do Uber drivers need and what should it cover? […]
Home insurance costs probably represent a considerable part of your insurance budget. It is also an insurance type that you do not want to forget – nobody wants to live without a roof over his/her head. It is not easy, though, to understand if you are overpaying for your current home insurance. That’s why we […]
Unlike auto and home insurance, life insurance is an insurance product that is much more difficult for people to understand. As a result, it is often unclear how much your term life insurance rates will be, how long you are covered under a policy, and the amount of insurance coverage you need. To address this issue, […]
There is a lot of information available about car insurance rates in Ontario and how they are the highest in the country. That’s true — according to our own database of insurance rates, on average Ontario drivers pay $160 per month for their car insurance. How does car insurance in Alberta compare to Ontario in terms of insurance premiums? Our data shows that on average Albertans pay $114 […]
In a market dictated by sharply transitioning seasonal highs-and-lows, savvy house hunters looking to save big on their home purchase would be wise to choose the lull month of January to sign on the dotted line. That’s according to a new report from our friends from the real estate website TheRedPin.com, which looked at over six […]
If you want to change your existing insurance or need a home insurance policy for your new home, it is better to be informed in advance about the most complicated insurance claims. That will allow you to ask your insurance company the right questions. Going through a home insurance claim can be a pain. Multiple sides are […]
