Jake McCoy
Recent posts by Jake McCoy
3 min read
Scheduling Assets on Your Home Insurance Policy
By Jake McCoy on Mar 24, 2025 12:00:00 PM
Topics: home insurance Tenants Insurance
5 min read
10 Things You Might Want to Name On Your Property Insurance Policy
By Jake McCoy on Mar 24, 2025 8:30:00 AM
Whether you live in a condo, a house, or you’re renting the place you call home, your property insurance is an important part of your financial stability. Regardless of whether you own the place you call home; an important part of your property insurance is ensuring you have adequate coverage for the contents.
Topics: home insurance property insurance Tenants Insurance
3 min read
Contents Coverage: Understanding Your Home Insurance
By Jake McCoy on Mar 21, 2025 9:30:00 AM
Your home is more than just four walls, it’s filled with the possessions that make it uniquely yours. From furniture and electronics to clothing and collectibles, these belongings hold both financial and sentimental value. That’s where contents insurance, also known as personal property coverage, comes in. It helps protect your possessions in case of unexpected events like theft, fire, or water damage.
Topics: home insurance property insurance
5 min read
What Does My Property Liability Insurance Cover?
By Jake McCoy on Mar 5, 2025 9:45:00 AM
When you own or rent the place you call home, it is incredibly important to get property insurance. In some cases, you're legally required to have insurance to be able to get a mortgage or sign a lease. Even if you're not technically required to have a property insurance policy, it's still in your best interest to get property insurance that at the very least gives you liability protection.
Topics: property insurance liability third party liability
3 min read
Dwelling Coverage: Understanding Your Home Insurance
By Jake McCoy on Feb 25, 2025 9:30:00 AM
When it comes to protecting your home, having the right insurance coverage is essential. One of the most important components of a homeowners insurance policy is dwelling coverage. But what exactly is dwelling coverage, and why do you need it? Let's break it down.
Topics: home insurance property insurance
4 min read
How to Prevent your Car Battery Freezing in Extreme Cold
By Jake McCoy on Feb 14, 2025 11:45:00 AM
As temperatures plummet to bone-chilling levels, your car becomes more than just a means of transportation—it can be your lifeline in the freezing cold. When temperatures reach the level of "extreme cold" batteries are a common reason for vehicles not starting. Today, we wanted to provide a handful of tips and tricks to help keep your car battery from freezing.
Topics: Car Insurance Car Insurance Edmonton
3 min read
Outbuilding Coverage for Home Insurance: What You Need to Know
By Jake McCoy on Feb 8, 2025 7:00:00 AM
When most people think of home insurance, they typically think of coverage for the main structure of their home. However, many homes also have additional structures on their property, such as sheds, detached garages, or barns. These structures are commonly referred to as outbuildings, and they can be just as vulnerable to damage or loss as the main house. That's why it's important to understand outbuilding coverage for home insurance. Here is some information to help make sure you have the right protection in place.
Topics: home insurance property insurance
3 min read
Are Insurance Claims Taxable in Canada?
By Jake McCoy on Jan 30, 2025 12:10:25 PM
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
What the $250 Billion LA Wildfire Indicates About the Future of Insurance
By Jake McCoy on Jan 29, 2025 12:11:52 PM
In early 2025, Southern California experienced one of the worst natural disasters in US history. The LA wildfires claimed the lives of 28 people, destroyed over 17,000 structures, scorched 35,000 acres, and displaced more than 150,000 residents. According to AccuWeather, the total economic impact—including damages, loss of life, healthcare costs, business disruptions, and other economic factors—is estimated between $250 billion and $275 billion.
Topics: fire insurance disaster house fire
4 min read
How Much is Auto Insurance In Alberta? A 2024 Recap
By Jake McCoy on Jan 17, 2025 10:15:00 AM
Auto insurance is a necessity for drivers in Alberta, but how much does it actually cost? In 2024, Armour Insurance analyzed our data to provide a clear look at the average, median, and highest premiums paid by Albertans. With this data, we aim to demystify auto insurance costs and help drivers better understand what factors influence their rates,we aim to help Alberta drivers get a baseline for coverage costs.