Co-insurance remains one of the most perplexing concepts in insurance, often leaving policyholders puzzled about its implications. In this article, we aim to demystify co-insurance by shedding light on what it entails and how it works.

Intact Insurance has partnered with Wildfire Defense Systems (WDS) ahead of the 2024 wildfire season. This is just one of the measures that Intact Insurance has made to protect the personal property of their customers in Alberta and British Columbia.

Water damage can be a homeowner's worst nightmare, causing not only financial strain but also health hazards if left untreated. Understanding the common types of water-related home insurance claims and implementing preventive measures can save you from costly repairs and headaches down the line. Here’s a breakdown of the most prevalent types of water damage and how you can mitigate the risks.

In the summer of 2001, the Canadian government legalized cannabis for medical use. By the fall of 2018, it became legal for personal consumption as well. Since then, cannabis use, and even home cultivation, has become increasingly normalized across the country.

Earlier this month, I got a letter from my insurance company about how my property insurance deductibles were being increased from $1,000 to $2,000 on hail damage and water damage. On the one hand, I was happy to hear that my premiums weren’t going up, but on the other hand, I was a little surprised to see that my deductible was literally doubling from last year with no claims or changes to my policy. When I got this news, I did what most people would do, and I gave my broker a call to ask why this happened.

As a part of the Armour Advantage program for commercial insurance clients, Armour does something we like to call a commercial client showcase. A client showcase promotes our clients and the excellent work that they do. This month’s client is Bioclean Disaster Services a certified disaster cleanup service with a green twist.

In the whirlwind of moving into a new rental property, it's easy to overlook the importance of tenant's insurance. After all, you've just signed a lease, paid a security deposit, and are busy planning the layout of your new home. But what if I told you that tenant’s insurance isn’t just another added expense, but an incredibly important part of moving out? Take it from someone who had to learn it the hard way, tenant insurance should be a top priority when you move out.

In this litigious world, protecting yourself and your assets from liability is both important and increasingly difficult. While insurance policies such as auto, homeowners, and renters insurance have liability protection to financially protect you in a lawsuit, there are situations where they may not be enough. This is where umbrella insurance comes into play, offering an additional layer of protection beyond the limits of your standard insurance policies. 

If you’ve ever gotten a quote on auto insurance in Alberta, you may have heard the agent or the broker talk about insurance grid rates. If you’re not an insurance professional, the term “grid rate” probably doesn’t mean that much to you. Today we want to provide a short guide to understanding what “grid rates” are, what they do, and what it means for you.

Throughout December and early January, we ran a $1,000 giveaway. Anyone who quoted their insurance or referred a client to Armour Insurance was eligible for the draw.