Filter your Questions based on the Categories you like

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Choose the type of Insurance:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

I own a condo and rent it to someone else. Should I get Condo Insurance?

Absolutely! But, rather than a Condo policy, you’ll need a Rented Condo policy, also known as a Landlord policy. These differ significantly from a Condo policy where you live in the unit yourself as the exposures are somewhat different. You can get a quote for your Landlord insurance policy here. Those who use their Condo for occasional Airbnb rentals will require a different policy again, as the exposures are somewhat different. If you’re not sure which policy to purchase, don’t hesitate to contact one of our insurance advisors.

Condo Insurance

How much does condo insurance cost in BC?

One major benefit of condo insurance is that it is generally inexpensive to purchase. Despite condo insurance rates in Vancouver being on the rise recently, the annual cost of a typical condo insurance policy in Vancouver does not have to set you back more than $400-$500/year, depending on the insurance coverage you select. More than anything, however, for those who own or are looking to buy a condo in Metro Vancouver, or other parts of the province, it is important to find a condo insurance policy that fits the unique needs of both your individual unit as well as the strata corporation. Be forewarned that it is not always about the lowest rate when it comes to reviewing insurance quotes. Make sure your insurance company provides coverage for the areas you need, whether that’s a certain type of replacement cost coverage or special coverage to protect you from possible water damage.

Condo Insurance

What is condo deductible protection?

Your strata corporation has a policy insuring the whole building and common areas. They have a deductible, which is the amount that they are responsible for in the event of a claim. Condo deductible protection helps protect you if the deductible is assessed back on to you by your strata corporation.

Condo Insurance

If I make improvements or renovations to my unit, will they be covered?

While your Strata corporation’s insurance policy will typically cover original fixtures and fittings, your Condo Insurance will cover any improvements that you have made, including materials and supplies being used to conduct the upgrades. Be sure to review your Strata’s insurance policy to ensure your condo policy has enough coverages to match theirs to avoid being held liable for any gaps.

Condo Insurance

Is Condo Insurance mandatory in B.C.?

Condo insurance is not mandatory by law, however if you are applying for a mortgage, most lenders will impose this as a condition for mortgage approval. Whether mandatory or not, it is extremely important to protect your investment.

Condo Insurance

What does home insurance cover?

The basic coverages included in any homeowners policy are coverage for your home and its contents, as well as your personal liability, anywhere in the world. More specifically, for those who live in their homes year-round, your homeowners insurance will typically cover: The building (ie the dwelling) Detached Structures on the premises, like a garage, shed outhouse, etc The Personal Property you own, such as computers, books furniture, electronics, clothing, books, jewellery, etc Any trees and shrubs located outside and on the premises Your Additional living expenses, should you have to relocate as a result of a covered claim The loss of any rental income after making a claim, if applicable. Your homeowners insurance typically also covers the same things for your spouse and any relatives who are living with you in the same household. Keep in mind that you can typically customize your insurance policy to get the right type and amount of insurance for your specific needs, such as adding a high-end bicycle or an expensive piece of jewelry. It’s always good to keep your policy current and up to date with the value of the personal possessions of everyone on the policy to ensure you’re adequately covered.

Home Insurance
Choose the type of Insurance:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Are there any discounts available on ICBC auto insurance?

Yes, drivers can take advantage of several ICBC discounts such as good driving record, safe driver discount and low-risk vehicle discount.

Car Insurance

Can I switch between ICBC auto coverage plans?

Yes, you can switch between ICBC auto insurance plans at any time. However, you may incur additional charges or fees if you want to make changes to your existing policy. Read more: https://www.icbc.com/insurance/Pages/FAQs.aspx

Car Insurance

Can the policy be transferred to a family member?

Yes! If you transfer ownership to any of your immediate family members mid-term, your policy can be transferred to the new owner. The recipient of your vehicle would keep the same policy number, effective and expiry date.

New Vehicle Replacement Insurance

Can the policy be transferred to a new vehicle?

Yes! If you purchase a new vehicle while mid-term in your current policy, we can process a transfer of the policy to your new vehicle. This will generate a new policy, with a new policy number, effective and expiry date. Any unused portion of the premium for your previous policy can be applied to the new insurance premium as transfer credit.

New Vehicle Replacement Insurance

Do I have to buy New Vehicle Replacement insurance when I buy my car, or can I get it later on?

Our unique eligibility guidelines allow for any vehicle that is 5 years old or newer to qualify for New Car Replacement coverage. That means you are not required to have just recently purchased your vehicle to qualify and can purchase a policy any time between your vehicle being brand new, and 5 model years old. There is also no kilometre restriction, just as long as your vehicle has not been driven on average more than 40,000 km a year since it was new.

New Vehicle Replacement Insurance

Do I have to buy the same vehicle as I had previously?

No, after a total loss you are not required to buy the same vehicle as you had previously. You are more than welcome to choose a different or better vehicle, or even take the cash settlement if you’d like, however we will only pay up to the replacement value of the same make, model, and trim package as the vehicle that you had previously. It will be in the most current model year.

New Vehicle Replacement Insurance
Choose the type of Insurance:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What should I look for in an international business insurance provider?

When choosing an international business insurance provider, it's important to look for a company with experience in providing coverage for businesses operating in your industry and geographic location. It's also important to choose a provider with a strong financial rating and a track record of paying claims promptly. InsureBC can help you find the right insurance provider for your needs.

International Business Insurance

How can I ensure that I have the right amount of coverage?

Working with an experienced international business insurance broker like InsureBC can help ensure that you have the right amount of coverage. Our experts can evaluate your business and recommend the types and amounts of coverage required to mitigate risks.

International Business Insurance

What information do I need to provide to get international business insurance quotes?

To get international business insurance quotes, you will need to provide information about your business, including its location, industry, and the types of coverage you require.

International Business Insurance

What is the role of international business insurance brokers?

International business insurance brokers help businesses find the right insurance coverage for their specific needs. They can provide expert advice on the types of coverage required and help businesses find the best insurance providers.

International Business Insurance

What kind of businesses need international business insurance with US exposure?

Any business that operates in the US or does business with US clients should consider getting international business insurance with US exposure. This can include businesses in industries such as manufacturing, hospitality, and technology.

International Business Insurance

What is US exposure in international business insurance?

US exposure refers to the risks associated with conducting business in the United States. This can include risks related to US laws and regulations, as well as risks associated with doing business with US clients.

International Business Insurance
Choose the type of Insurance:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What are Employee Health Insurance, Health benefits & Group Health?

Employee Health Insurance is a plan provided by employers covering their employees' medical expenses. Health Benefits encompass Employee Health Insurance and can also include other forms of coverage like dental, vision, and disability insurance. Group Heath is a type of insurance plan where the employer and employees collectively share the cost of coverage.


Group Benefits Insurance

What is a companion benefit in group health insurance?

A companion benefit in group health insurance refers to additional coverage or services that complement the base health insurance plan. This could include services like mental health counselling or wellness programs.

Group Benefits Insurance

What is employer-sponsored healthcare coverage?

Employer-sponsored healthcare coverage is a health insurance plan provided by a company to its employees. The employer typically pays a portion of the premium and the employee pays the rest.

Group Benefits Insurance

How to choose the best group health insurance?

Choosing the best group health insurance involves considering the specific needs of your employees, the cost of the plan, the extent of coverage, and the reputation of the insurance provider.

Group Benefits Insurance

How should startups get Group health insurance?

Startups can acquire group health insurance the same way any other business would, by reaching out to an insurance broker or provider. It's important for startups to consider the specific needs of their team and business model.

Group Benefits Insurance

How does an employer start a group health insurance plan?

Starting a group health insurance plan involves contacting an insurance broker or provider, discussing the needs of the business and employees, and choosing a plan that suits those needs.

Group Benefits Insurance
Choose the type of Insurance:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Who needs visitor medical insurance for Canada?

All visitors to Canada, including tourists, international students, and temporary workers, should consider purchasing visitor insurance for Canada to protect themselves from unexpected medical expenses.

Visitors to Canada Insurance

What is visitor insurance for Canada?

Visitor insurance for Canada is a type of travel insurance that provides medical coverage for visitors to Canada who require emergency medical care during their trip.

Visitors to Canada Insurance

Can I purchase travel insurance after I've already booked my trip?

Yes, you can often purchase travel insurance after you've already booked your trip. However, some coverage options may be limited or unavailable if you wait too long to purchase a policy. It's best to purchase travel insurance as soon as possible after booking your trip to ensure maximum coverage.

Emergency Medical Insurance

What does travel insurance typically cover?

Travel insurance can cover a wide range of events, including trip cancellation or interruption, medical emergencies, evacuation or repatriation, lost or stolen baggage, and more. The specific coverage options can vary depending on the provider and plan you choose. Contact your broker for more details.

Emergency Medical Insurance

Can I get a travel insurance quote online?

Yes, you can often get a travel insurance quote online by filling out a form with your trip details and coverage preferences. InsureBC offers an online quote tool for travel insurance, making it easy to get a quote quickly and conveniently.

Emergency Medical Insurance

Why do I need travel insurance?

Travel insurance can help protect you financially in case of unexpected events during your trip. Without travel insurance, you could be responsible for paying out of pocket for medical expenses, trip cancellations, lost or stolen baggage, and more. Travel insurance can provide peace of mind and help you avoid significant financial losses.

Emergency Medical Insurance

An Insider Look at the Insurance Industry

Discover a wealth of knowledge on insurance-related topics, as our team of experts at InsureBC share their insights, advice, and tips to help you navigate the world of insurance with confidence.

Exterior of a house in BC

The Ultimate Guide to Homeowners Insurance in BC - 2024

Do you know what homeowners insurance covers? And, what types of homeowners insurance coverage exist? Maybe you have heard from your family, realtors or mortgage brokers saying the importance of buying homeowners insurance. But why? If you can’t answer some or none of the questions I’ve asked, this article will help you understand all the important things about homeowners insurance so that you can make an informed buying decision when you’re ready. 

Read More...
Couple standing arm in arm, looking at their new home in BC, illustrating the importance of home insurance
Home Insurance

Average Cost of Home Insurance in British Columbia?

Kelowna's high-rise buildings, waterfront, and surrounding mountains
Home Insurance

Homeowners Insurance in Kelowna, BC

Aerial view of Langley, BC, showcasing residential and commercial areas with mountains in the background
Home Insurance

Homeowners Insurance in Langley, BC