What Is Personal Umbrella Insurance?
Liability lawsuits are unpredictable these days. While home and auto insurance carry liability protection, they most likely aren’t designed to handle a big claim, such as permanent disability.
If you lose a lawsuit that results in a payment amount that’s larger than your insurance policy covers, the remainder will have to be paid out of pocket.
Umbrella insurance is a kind of personal liability insurance that takes over when the liability limit on your standard home, auto or other personal insurance policies is maxed out. You can acquire a policy for as low as $125 for the year.
Did you know that ownerships are required for every vehicle that you are insuring within Ontario?
You cannot insure what you do not own or have an insurable interest in whether it be a vehicle, a home, a boat, a recreational vehicle or an aircraft.
COVID-19 Office Update
At Roughley Insurance, the health and well-being of our clients and staff are at the forefront of our decision making.
Climate Change is affecting your Home Insurance Premium. Here’s How.
Insurance is in the business of managing risk. Greater risk = more claims = higher premiums. Our climate has already shifted, and experts predict significant further changes. Our future will be warmer, with more extreme weather events.
Winter driving – it’s coming whether we like it or not.
Most of us have taken a bit of a break from winter driving (thanks, COVID!), and it is easy to forget how treacherous it can be out there on the roads in bad weather.
Now that we are FINALLY able to travel during the winter to visit friends and family, it’s a great time to brush up on some winter driving best practices.
Accident Benefits, Death and Funeral Benefits
Recently, accident benefit limits in Ontario were reduced. This means less coverage for you if you are injured as a result of an automobile accident. This applies to you whether you are a driver, a passenger, a pedestrian or a cyclist and whether you were at fault or not.
Many people aren’t aware that their auto insurance policy includes death and funeral benefits if death is a result of a motor vehicle accident.
Accident Benefits, Income Replacement
What would you do if you were injured in a car accident and unable to work? Do you have short term disability coverage? Would you be able to get by with limited income for an extended period of time?
Accident Benefits, Dependent Care, Caregiver & Housekeeping
Are you the primary caregiver for an elderly parent or relative? If you were injured in a car accident, who would care for them? Do you have someone who would be able to complete home maintenance such as mowing the lawn or cleaning the house?
Accident Benefits Series, Injuries
Recently, accident benefit limits in Ontario were reduced. This means less coverage for you if you are injured as a result of an automobile accident. This applies to you whether you are a driver, a passenger, a pedestrian or a cyclist and whether you were at fault or not.
Accident Benefit Coverage
Recently, accident benefit limits in Ontario were reduced. This means less coverage for you if you are injured as a result of an automobile accident. This applies to you whether you are a driver, a passenger, a pedestrian or a cyclist and whether you were at fault or not.
If you are Renting, do you need Renters Insurance?
Don’t make the common but costly mistake of thinking your landlord’s insurance protects you and your belongings – it doesn’t. The time to secure your renters insurance is now, before a major calamity occurs.
Does Your Business Have the Right Insurance Coverage?
When's the last time you looked over your insurance coverage? If you're like most busy business owners, it's probably been a while. It's important to make sure you have the right coverages for your various business exposures. Even if you think you know what's in your...
What is Personal Liability under your Home Insurance Policy?
What if a visitor slips and falls down your rickety porch? The personal liability portion of your home insurance policy covers you against lawsuits for injury or property damage that you or your family members cause to other people
What You Need To Know About Water Damage and Home Insurance
With an increased amount of precipitation, along with unpredictable and severe weather events in Canada, the likelihood of experiencing a water-related insurance claim has increased.
Things to think about when you’re planning for home renovations
Reach out to your licensed home insurance broker to make sure you have the right coverage before you start working on renovations. If you’ve recently completed a home reno, ask your broker if your upgrades are covered by your existing home insurance policy.