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Jake McCoy


Recent posts by Jake McCoy

3 min read

Will Home Insurance Cover It? 5 FAQs of Home Insurance Coverage

By Jake McCoy on Sep 26, 2024 10:17:25 AM

Home insurance can be confusing, especially when it comes to understanding what is and isn’t covered. To help you navigate the complexities, we've compiled answers to the top five frequently asked questions about home insurance coverage. Whether you're wondering about damage to your AC unit or concerns about bed bugs, we’ve got the info you need.

Topics: home insurance property insurance Insurance Claims
2 min read

What is Seasonally Rated Insurance?

By Jake McCoy on Sep 9, 2024 1:45:00 PM

When you live in a place like Alberta or Saskatchewan and you own something like a motorcycle, boat, or snowmobile, you're probably not able to use it year-round. That’s where seasonally rated insurance comes in. Let's dive into how this type of insurance works and why it can be so cost-effective.

Topics: Car Insurance Recreational Insurance recreational vehicle insurance
3 min read

Are Insurance Claims Taxable in Canada?

By Jake McCoy on Aug 27, 2024 11:00:00 AM

A question that I get asked from time to time is: The money that is paid out in an insurance claim, is that taxable? This creates an interesting question about what is considered income. In order to answer this question, we wanted to look at a few scenarios.

Topics: Insurance Claim claim
4 min read

Will Home Insurance Cover It? The Top 7 FAQs of Home Insurance Claims

By Jake McCoy on Aug 25, 2024 10:06:00 AM

Home insurance can be confusing, especially when it comes to understanding what is and isn’t covered. To help you navigate the complexities, we've compiled answers to the top seven frequently asked questions about home insurance claims. From water damage to solar panels, we’ll cover the basics of home insurance coverage.

Topics: home insurance
4 min read

Alberta Hidden Gems: 5 Lesser-Known Parks to Explore

By Jake McCoy on Jul 20, 2024 9:30:00 AM

Jasper and Banff often steal the spotlight, but Alberta is home to many breathtaking parks perfect for a summer adventure. Here are five lesser-known parks that promise a mix of relaxation, fun, and unique experiences.

Topics: travel insurance trailer insurance
1 min read

Tech Outage Impacting Insurance Software Across Canada

By Jake McCoy on Jul 19, 2024 9:55:00 AM

This morning a tech outage was announced impacting services across the world from banks to airlines. One of the largest insurance software providers in North America, Applied Epic, is also on that list. This software back ends nearly all information between clients and their insuring company. CrowdStrike has reported that the source for the outage is not the result of a cyber attack but rather an update that was pushed out to customers.

Topics: cyber insurance Alberta Insurance
7 min read

What Does Sonnet Leaving Alberta Auto Insurance Signal For the Industry?

By Jake McCoy on Jul 17, 2024 6:45:00 PM

The Alberta auto insurance market is in flux as both Sonnet Insurance and Aviva Direct Insurance have opted to leave the province (Sonnet auto only and Aviva Direct entirely). This sudden change in the market has left many with questions. Why did these companies leave Alberta? Is Alberta car Insurance bad business? What does this mean for policyholders with these insurance companies? Today, we seek to provide answers to some of these questions.

Topics: Online Quotes Auto Insurance Car Insurance
7 min read

Protecting Your Business with Cyber Insurance

By Jake McCoy on Jul 14, 2024 12:45:00 PM

In today's digital age, businesses rely heavily on technology to manage their operations, communicate with customers, and store sensitive data. However, with the rise of cyber threats such as hacking, data breaches, and malware or ransomware attacks, businesses are increasingly vulnerable to cybercrime. As a business owner, it's crucial to protect your business from cyber threats with the right insurance coverage.

4 min read

Risk Revealed: Alberta's Top 10 High-Theft Vehicles

By Jake McCoy on Jul 9, 2024 11:00:00 AM

The top 10 most commonly stolen vehicles in Alberta have been released by Canadian company Équité. We wanted to do an in-depth look at vehicle theft frequency rather than sheer numbers. In essence, we wanted to answer the question, what type of vehicle is most likely to be stolen if you were going to purchase one? The following numbers are based on the rate at which a specific vehicle is stolen proportional to the number of vehicles on the road. 

Topics: car thieves Car Insurance theft insurance
1 min read

Armour Day off Raffle Supports Stollery Children's Hospital Foundation - Racing For the Cure

By Jake McCoy on Jun 19, 2024 10:02:45 AM

At Armour Insurance, we love finding ways to give back to the community and offering innovative perks to our team members. When you combine both of those together, you get the Armour day off raffle program. The program is pretty simple: Armour team members from all levels can purchase raffle tickets for $2 each. At the end of the month at one of our famous happy hours, we take all of the tickets that were purchased throughout the month, and we draw one ticket out. The person who purchased the winning ticket wins an additional paid day off!

Topics: Culture Armour Insurance staff

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