Beware of Buying Flood-Damaged Vehicles

Found a great deal on a car?  The Insurance Bureau of Canada (IBC) warns Canadians to avoid unknowingly purchasing storm-damaged vehicles.  After flooding disasters, such as those that occurred in Alberta and Ontario in 2013,  there are attempts by fraudsters to clean up and resell flood-damaged vehicles. Canadians should be cautious when a deal seems […]

Automobile theft in Canada: how you can help prevent it

According to the Insurance Bureau of Canada, automobile theft costs Canadians every year close to $1-billion, including $542-million for insurers to fix or replace stolen cars, $250 million-in police, health-care and court-system costs and millions more for correctional services. Tips to help stop car theft: Always roll up your car windows, lock the doors and […]

Counting the cost of riots and vandalism: how insurance can protect you

The images of riots in England and Vancouver during the summer of 2011 still remain fresh on many people’s minds.  Total damage and losses:  approximately $5-million in Vancouver, and a staggering $150-million in the UK.  Here’s how, you, as a business, home, or car owner can mitigate the pain of a loss with appropriate insurance […]