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insurance: Home Insurance Ontario: Why was my Policy Canceled?
- 11/25/16 08:08 AM
Finding the right homeowners insurance policy can be a lengthy process as you peruse through what various companies have to offer. However, maintaining a policy can be just as complicated. The wrong types of behavior can drive insurers away and result in policy cancellation or non-renewal. Some reasons are obvious, like fraud and late payments, but could be due to large claims and extended home vacancy.
Fraud and Late Payments
One of the most common reasons for home insurance cancellation is fraud. This includes identity theft or any other subject matter related to the policyholder or their home during the application process. For … (0 comments)
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insurance: Home Insurance: East Coast Disaster Solutions
- 11/14/16 12:41 AM
Newly married? Thinking about purchasing a home along the east coast to live the white picket fence dream?
From the fresh sea air of New England to Florida’s abundance of sunshine and beaches, the East Coast is tempting millennials to buy a home, start a family and settle down. Especially for the later, now might be a good time.
In Florida, for example, home prices are expected to rise in the upcoming years, according to Forbes contributor, Ingo Winzer. Zillow, a leading real estate and rental marketplace, reports that home values there have increased 9.5 per cent over the past year, predicting a rise of 3.3 … (0 comments)
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insurance: Shaky Canadian Real Estate Market and Quality Risk Management
- 09/16/16 05:02 AM
There are a number of factors making Canada’s real estate market one of a somewhat shaky foundation. A lack of quality land and development opportunities, rising government fees and costs, Alberta’s slacking economy, mounting household debt and a struggling retail sector could all spell bad news for Canada’s real estate industry, making quality risk management increasingly important.
Some of the challenges mentioned above could eventually lead to insolvency or restructuring, however good risk management services, such as those offered by Arthur J. Gallagher Canada Limited, can ensure companies never have to deal with such a turn of events.
Risk Management
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Finding the right homeowners insurance policy can be a lengthy process as you peruse through what various companies have to offer. However, maintaining a policy can be just as complicated. The wrong types of behavior can drive insurers away and result in policy cancellation or non-renewal. Some reasons are obvious, like fraud and late payments, but could be due to large claims and extended home vacancy.
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