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.
5 min read
What Does My Property Liability Insurance Cover?
By Jake McCoy on Mar 5, 2025 9:45:00 AM
Topics: property insurance liability third party liability
4 min read
Auto Liability Insurance: What Is It And How Much Do I Need?
By Jake McCoy on Mar 4, 2025 8:30:00 AM
As a driver, it's important to have insurance to protect yourself and others in case of an accident. In Alberta, the legal minimum car insurance is third party liability coverage. In this article, we'll cover what auto liability insurance is, what it covers, whether it's enough, and how much liability insurance you need.
Topics: Auto Insurance Car Insurance Car Insurance Edmonton edmonton car insurance liability third party liability
3 min read
The Implications of Having Your Insurance Cancelled for Non-Payment
By Jake McCoy on Feb 27, 2025 10:45:00 AM
Staying up-to-date on payments is an essential part of protecting yourself and your assets. However, life can throw unexpected challenges our way, and missed insurance payments can happen. As an insurance consumer, it's vital to understand the implications of such situations and what could happen if you're cancelled for non-payment. This short article will breakdown the implications of being cancelled for non-payment and some of the challenges that come with that.
Topics: payments Cancelled for Non-Payment
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
4 min read
Risk Revealed: Ontario's Top 10 High-Theft Vehicles
By Jake McCoy on Feb 12, 2025 2:00:00 PM
The top 10 most commonly stolen vehicles in Ontario 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: Auto Insurance Car Insurance theft
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.