InsureBC's Expert Corner

Living in a strata property in British Columbia offers convenience and a shared lifestyle but also comes with responsibilities. It's important to know your insurance responsibilities as a unit owner, especially when you might need to pay the strata corporation's deductible. This guide explains what a strata deductible is, when owners might be liable, and how to protect yourself from unexpected costs. By the end, you’ll better understand how strata and condo insurance work to protect you and your property.

Apartment insurance, also known as condominium insurance, is a crucial element of protecting your financial wellbeing as a renter or condo owner in British Columbia. Whether you’re safeguarding personal belongings or covering yourself against liability, having the right apartment insurance ensures peace of mind.This guide is designed to answer all your questions—from what apartment insurance is, to why it’s essential, and how to choose the perfect policy. Let's break it all down so you can make an informed and confident decision.

Home insurance is essential for protecting your property and personal belongings from unforeseen disasters. In British Columbia, the average cost of home insurance varies widely based on factors like location, dwelling size, and additional coverages. This guide by InsureBC explains how premiums are calculated, regional factors influencing rates, and offers tips to lower your insurance costs. Learn about InsureBC’s Practical, Popular, and Premium plans to find the best coverage for your needs and ensure peace of mind for your most significant investment.

Earthquakes pose a significant risk to homeowners in British Columbia. While standard home insurance policies don't typically cover earthquake damage, adding an earthquake endorsement is crucial for comprehensive protection. This guide covers what earthquake coverage includes, why it's necessary in BC, and tips for filing claims and protecting your home. Stay informed about current trends and developments in earthquake insurance to ensure your property and personal belongings are adequately safeguarded.

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

Gain insights into the workings of permanent life insurance, offering lifelong coverage and the potential for cash value accumulation. Explore the benefits, considerations, and variations between whole and universal life insurance policies. Make informed decisions for long-term financial planning and family protection.

Gain insights into 10-year term life insurance, including its coverage duration, affordability, and premiums. Explore what happens when the policy expires and learn about options such as renewal, conversion, and cancellation. Make informed decisions to secure your financial future.