Frequently Asked Questions

1. How come my home insurance does not cover my business operations?

A Most homeowners policies have business exclusions pertaining to business property, including business tools other business property etc. If you have a business in your home contact your broker immediately.

2. I am going on vacation and will be renting a vehicle, should I buy the rental car insurance.

A This used to be a very simple question but recent changes in vicarious liability laws in some provinces and USA states have made this question complicated, contact your broker to ensure you have the right coverage

3. I have had a small claim, should I report it.

A If there any injuries as soon as possible, small Ho claims etc. can affect claim free discounts so speak with your representative.

4. What limits of liability insurance should I be carrying under my automobile insurance ?

A The largest award given to an injured party in Nova Scotia was over $ 5,000,000.00, this was an automobile claim. The minimum limits in Nova Scotia are $ 500,000.00 for automobile , the indications higher limits are needed and should be sold on all liability policies.
 

5. Why are homeowners rates increasing, when I haven’t had a claim ?

A Unfortunately the claims ratio’s in this class a are very poor right across the country, changing weather patterns more severe storms etc are making this very difficult and all of us contribute to a pool of money that pays all of the losses, insurance is not an individual thing . Speak with your broker about deductibles combing your home and automobile together to maximize package discounts.