Home Insurance

home insurance

Not all policies are equal. All too often we hear stories about people being sunk by low water damage limits. Or a single limit policy that leaves people out in the cold when there’s not enough to pay for full replacement cost or additional living expenses. Our comprehensive homeowner policies get you the coverage you need for a competitive price. Some of our features include:

  • Guaranteed building replacement cost – In the event of a loss we’ll make sure you’re home is rebuilt just the way it was regardless of increasing construction costs.
  • Replacement cost on contents – Most you for stuff isn’t worth now what you originally paid for it. But if something happens you’ll have to replace that 5 year old flat screen TV with a new one, something not all policies allow for.
  • Jewelry & special limits – Is that new engagement ring covered? Maybe not with a standard policy.  We have higher base limits on things like jewelry and can increase or add extensions if needed.
  • Water – One of the most quickly changing types of coverage in Ontario. We have water damage, sewer back-up, and overland flood coverage with higher limits available.
  • Discounts – can be packaged with auto insurance as well as deep discounts for mortgage free individuals, age, claims free and more!

The 15 Cars That Owners Keep for 15 Years or More

Do you remember where you were in 2003? Jean Chretien was the Prime Minister of Canada. In Toronto Mel Lastman was our Mayor, at least for a few more months. Popular films included Love actually, Kill Bill and the critically acclaimed masterpiece The Room.

Perhaps surprisingly, there are still quite a few cars on the road from 2003.  Iseecars.com has put together a list of the top 15 cars the owners keep for at least 15 years. The list is overwhelmingly made up of Japanese brands, some of which are made in North America. Toyota dominates the top spots:

Rank Model % Original Owners Keeping Car for 15+ Years Compared to Average
1 Toyota Highlander 18.3% 2.7x
2 Toyota Sienna 17.1% 2.5x
3 Toyota Tundra 15.7% 2.3x
4 Toyota Prius 15.0% 2.2x
5 Toyota RAV4 14.3% 2.1x
6 Honda Odyssey 12.8% 1.9x
7 Toyota Sequoia 12.8% 1.9x
8 Toyota Tacoma 12.4% 1.8x
9 Honda CR-V 11.9% 1.7x
10 Toyota Avalon 11.7% 1.7x
11 Acura MDX 11.6% 1.7x
12 Toyota Camry 11.5% 1.7x
13 Subaru Forester 11.5% 1.7x
14 Nissan Frontier 11.0% 1.6x
15 Volkswagen Golf 10.6% 1.6x
Average for All Cars 6.8%

Remedy’s Rx

Remedy's RX

We have been working closely with Remedy’s RX and Aviva Canada to develop a superior insurance product tailored for the independent retail Pharmacist.  miBroker, a division of McClelland Insurance, understands that you want broad protection and professional service at a reasonable price.

Your policy can be customized to your specific needs.  Additional extensions can be arranged for buildings, vehicles and individual professional liability.  Our pharmacy policy features these highlights:

  • Remedy’s preferred rates

  • Choice of deductibles

  • Decreasing deductible of 20% for each claims free year with Aviva Canada

  • Two year policy option

  • Local claims service

  • Professional liability for store and staff

  • Individual professional liability as an option

  • OCP approved

  • Limits up to $5,000,000

Drone Insurance

drone insurance

There is now insurance coverage available for Unmanned Aircraft Vehicles (UAV) also known as “drones.” Common insurance packages generally exclude aviation activity, so if you are using a drone to complement your commercial operations you’ll need to have specialized coverage.

We are offering drone insurance which can include:

– Property coverage
– Liability
– Physical damage
– Theft
– Bodily injury

Some insurers are offering to cover drones that operate using an Unmanned Aircraft System (UAS). The UAS includes all of the components that work together in the operation of an unmanned aircraft: the drone vehicle, its payload, everything on the ground, radio transmitters, receivers, ground control stations, etc.

Transport Canada regulates drone use to keep the public and our airspace safe. In order to use your UAV for any form of work or research, you are legally required to apply for a Special Flight Operations Certificate (SFOC). Whether you are using it for recreational use or work you must follow all laws and fly safely.

Keep in mind – if you want to insure your drone you will need an SFOC in order to get coverage. It is also part of the SFOC requirements you have proper UAV Liability Insurance, so both go hand in hand. You also need to be aware that certain uses are not likely going to be allowed even with an SFOC. Flying over people at a concert, near a high traffic airport, dropping items from the aircraft, etc. are basically off limits without very special authorization if at all.

Make sure you understand the rules that apply and follow them. Not doing so could put lives at risk and cost you up to $25,000 in fines, even jail time. See the below info-graphic to help you determine if you need an SFOC to fly your drone, and be clear on the rules and legalities of flying your drone.

Info-graphic – Do I need an SFOC?

Regardless of your company’s needs we believe insurance coverage for your UAS is essential!

 

References:

“Info Graphic – Flying an Unmanned Aircraft.” Find out If You Need Permission to Fly Your Drone (n.d.): n. pag. Government of Canada. 02 Feb. 2016. Web. 14 Mar. 2016.

“Flying a Drone Recreationally.” Government of Canada; Transport Canada; Safety and Security Group, Civil Aviation. Government of Canada, 09 Feb. 2016. Web. 14 Mar. 2016.