InsureBC's Expert Corner

Floods are one of the most common types of natural disasters in BC, and they can cause a lot of damage. If you live in a condo, it’s important to have condo flood insurance to protect yourself from potential losses, especially if you’re located in a high-risk area for floods. Read on to learn more about what condo flood insurance covers and why you should consider getting it for your condo.

Did you know that the average cost of condo insurance is on the rise? In fact, according to Canadian underwriter, the average cost of insurance for a condo owner has increased by as much as 22% in just the past year. This can be a significant expense, especially if you are not prepared for it. That’s why it’s important to do your research and shop around for the best rates before purchasing insurance for your condo.‍Here are a few things you should know about the average cost of condo insurance and how it is determined.

Despite the high risk in British Columbia, the province has ruled that the government will not offer aid for damages caused by earthquakes. In a public statement, BC explained that there is a high availability of private earthquake insurance—for people to purchase with their standard residential insurance policy. In response, the government has stated that it doesn’t need to provide financial aid in the event of an earthquake.

If you own a condo in Vancouver and are looking for the best condo insurance quote, this article is for you. We’re going to cover everything you need to know about condo insurance.

Learn how to navigate Small Business Liability Insurance in British Columbia with our expert guide. Avoid common pitfalls, understand policy nuances, and ensure your business is adequately protected against liability risks. Essential reading for savvy business owners!

Professional Liability Insurance is a type of insurance coverage designed to serve as a safety net for businesses and individuals against the risk of being legally held accountable for situations like negligence, accidents, injuries, or malpractice. For professionals providing advice or services—such as lawyers, accountants, consultants, and architects—this coverage is especially crucial. In essence, it's protection against potential claims arising from their professional advice or services.

Learn why small business general liability insurance is so important, including what it covers and how to find the right coverage for your business

Explore the implications of term life insurance expiration, including options for renewal, conversion, or obtaining a new policy. Understand cancellation policies, refunds, and best practices for managing your coverage. Make informed decisions to protect your loved ones' financial future.

Discover the power of 10-Year Term Life Insurance: affordable protection tailored to your needs. Learn how this flexible policy offers lower premiums, aligns with short-term financial goals, and ensures your loved ones are safeguarded. Uncover the coverage options, policy features, and essential considerations to make an informed decision. Explore the exclusions and alternative solutions to guarantee comprehensive protection. Don't settle for less when it comes to securing your future.

Curious about having two health insurance policies? Discover the effects of dual coverage, coordination of benefits, and how to optimize your healthcare benefits with multiple policies.

Learn about the cost of health insurance in Canada, factors influencing pricing, and explore affordable coverage options. Find the right health insurance plan for your needs and budget.