Montreal, QC (June 19, 2019) \u2013 With moving day fast approaching, Insurance Bureau of Canada (IBC) would like to point out that 37% of tenants are not insured, even though home insurance could make all the difference in case of loss.<\/p>\n
According to the data collected by IBC from its members, it costs tenants less than $1 a day, or $281 on average per year, to insure their belongings. However, the average claim paid out by insurers in 2017 was $5,542.<\/p>\n
IBC notes that home insurance helpfully covers policyholders in relation to:<\/p>\n
\u201cEvery year, we hear sad stories of families that have lost everything. We\u2019d like to make tenants aware of the importance of protecting their property by having insurance. Contrary to popular belief, the building owner\u2019s insurance doesn\u2019t cover the tenant\u2019s property. So it makes even more sense to look into getting and shopping around for tenant insurance,\u201d notes Line Crevier, Supervisor, Technical Affairs, at Insurance Bureau of Canada.<\/p>\n
The Personal Property Inventory is IBC\u2019s most popular brochure. A revised and user-friendly PDF version has just been published to help users list all of their belongings. This comes in handy when purchasing a policy that includes an insurance amount that covers one\u2019s belongings. In addition, this stage could facilitate the claims process in case of loss.<\/p>\n
\u201cYou\u2019d be surprised to learn just how much more you own than you think! That\u2019s why we\u2019re encouraging everyone to make an inventory of their belongings. It\u2019s a key stage when purchasing coverage that meets one\u2019s needs\u201d, added Ms. Crevier.<\/p>\n
The Personal Property Inventory<\/a> is available from Infoassurance.ca<\/a>.<\/p>\n As July 1 approaches, IBC has some tips to share:<\/p>\n About Insurance Bureau of Canada Insurance Bureau of Canada, which groups the majority Canada\u2019s P&C insurers, offers various services to consumers in order to inform and assist them when purchasing car or home insurance, or making a claim.<\/p>\n For more information, visit www.ibc.ca<\/a> or infoassurance.ca<\/a>.<\/p>\n Source: Insurance Bureau of Canada (IBC)<\/em><\/p>\n Tags: Insurance Bureau of Canada (IBC)<\/a> Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Montreal, QC (June 19, 2019) \u2013 With moving day fast approaching, Insurance Bureau of Canada (IBC) would like to point out that 37% of tenants are not insured, even though home insurance could make...<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15751"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=15751"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15751\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=15751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=15751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=15751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Making moving easier<\/strong><\/h4>\n
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