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Transferring a mortgage and breaking a mortgage are two different things. And one comes with penalties.

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Modern advancements have turned cars into places of leisure and convenience. You can settle into warm seats on a chilly winter day, call your spouse hands-free on the way to work, and navigate to a restaurant you’ve never been to before entirely through your car’s centre console.

Comprehensive Home Insurance

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Comprehensive home insurance in Canada

Comprehensive (also called ‘all risk’) home insurance coverage covers your property and belongings from all loss, except some exclusions, which should be listed on your policy. It also provides coverage for your property’s secondary structures, such as a detached garage, guest house and so forth.

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*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2022 saved an average of 20%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.

How to insure bikes, e-bikes, and e-scooters

How insurance companies make money

While the premiums policyholders pay are primarily how insurance companies make money, this is just the starting point of the business model. After all, insurance companies have to make enough money to offset claim payments.

Things you can claim (but maybe thought you couldn’t) on your home insurance policy

Red wine spills. Frozen food spoilage. Freak thunderstorms that ruin your furniture. There’s a claim for that.

Prenups get a bad rap. Here’s why they shouldn’t

A prenup is like insurance for your marriage. You don't get it because you think your love won't survive, you get it just in case. 

A look at the rebates available for electric vehicles in Canada

Electric vehicles are lauded as the way of the future. But are government credits going to help us get over the finish line?

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