If you're a business owner, you'll want to save as much money on your commercial policy as you do with your personal policy. After all, minimizing your cost and overhead is just part of running a business. So, how do auto insurance companies rate your policy and how can you save money on it? Is it the same as your personal auto insurance? You might be surprised to find out that it is.
While your home doesn't have to be in perfect condition in order to purchase home insurance, there are certain defects that could require repair or replacement. If not repaired, the insurance company could deny coverage. Therefore, it is important to identify any conditions before the insurance inspector arrives at your property. Below are two crucial components to a home that must be in good condition.
Missing or Curled Shingles
Many insurance companies hold the condition of the roof to a high standard.
Home insurance covers your property against losses caused by wind, fire, falling trees, vandalism, theft and other catastrophic events or perils. Yet many Canadians don't understand what their policies cover--and, more importantly, what they don't. Use this guide to evaluate your home insurance and identify areas where your policy falls short.
Replacement Value Vs. Depreciated Value
Imagine returning home one night and finding all your electronics missing. Computer, flat-screen TV, stereo equipment, game console, tablet.