BC premier, John Horgan, recently remarked that price for lumber is ‘just off the charts’! Some sources state that lumber supplies for the construction of new single-family homes have tripled over the past year! Reconstruction Costs Are Skyrocketing! What You Need to...
Blog provided courtesy of Northbridge Insurance. Residential properties account for the largest number of fires in Canada. These fires result in millions of dollars in damages and claim hundreds of lives each year. Open flames, cooking appliances, and heating...
Does that question confuse you? You're not alone. And it's one that many are asking this month, as all over British Columbia homeowners have received their 2018 property assessment notices in the mail. Deputy assessor at BC Assessment, Brian Smith, states that public...
BC has already had its taste of winter weather at the onset of November and there is no doubt that there is more to come. The early start is a blessing in disguise however, as it provides a tangible reminder to homeowners that the time to act is now. Once again, Park...
The importance of taking an inventory of the possessions of your home cannot be overstated. However, very few households actually do so. While 93% of surveyed Canadians agree that having an up-to-date inventory is a good idea, only 35% actually have one. If you count...
Don’t Let Your Investments Get Washed Away Water damage is the most common cause of home insurance claims. In fact, some providers have reported costs relative to water damage claims in British Columbia alone have increased an astounding 205% since the year 2000....
Water damage—it’s disruptive, costly to repair, and can create health problems. It’s also the new leading cause of home insurance claims. On July 8th, 2013, the city of Toronto was hit with a record-breaking 126mm of rain in a mere seven hour period! This storm of...
Water damage continues to be the most common cause of insurance claims in Canada. Checking the following five key areas regularly can significantly reduce your risk of falling victim to Homeowner’s Public Enemy No. 1 – Water Damage: Your Roof – The First Line of...
We finally finished moving into our new home. It was great. We thought we’d done everything right. But shortly after we moved in we were burglarized. We should have taken the time to crime-proof our home! Here’s what we learned from the experience. Crime-Proof the...