Blog

Bringing you the latest news and expert tips on all types of insurance

Understanding Builder’s Risk Insurance for Contractors, Homeowners and Business Owners

Aug 27, 2021
If you are a contractor, homeowner, or business owner undertaking a construction project, chances are that you’ve had some experience with purchasing builder’s risk insurance. However, do you know what is and is not covered under your policy? Many are surpri...

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Why Your Home Insurance Might Not Cover Your Collectibles

Jul 26, 2021
The pandemic has brought many changes to our personal and professional lives – one of them being hobbies. With lockdowns forcing people to be stuck at home, many have decided to explore new hobbies or bring back old ones. From luxury watches to Pokemon cards,...

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BrokerTeam Insurance Announces New Branch Format with the Creation of Goodrates Insurance

Jul 2, 2021
BrokerTeam Insurance annouces new branch with launch of Goodrates Insurance

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Additional Pandemic Relief for Clients in 2021

Mar 24, 2021
Additional pandemic relief for clients in 2021 As we continue to adjust to our new normal from the COVID-19 pandemic, some of our insurance partners have offered more support in 2021 in addition to the relief provided last year. Please stay tuned as we are up...

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Why CAA Insurance May Be Right for You

Nov 19, 2020
With CAA Insurance, you are being covered by a brand with over 100 years of history helping drivers stay safe on roads across Canada. You can trust CAA Insurance to provide the coverage you need. CAA Insurance offers a full range of auto, property, travel, life and eve...

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What Is Rented Dwelling Insurance

Sep 1, 2020
Are you thinking about purchasing an income property or renting out part of your home for an extra boost to your income? It is important to consider the additional risk you will be taking on and to make sure you will be properly covered by rental property insurance, oth...

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Increased Car Insurance Premiums: True Cost of Speeding Tickets

Aug 17, 2020
For many of us, driving during the pandemic lockdown has meant less traffic on the road. But unfortunately, many are using the empty roads as their personal speedway. Within a single week in July, the Toronto police ticketed more than 3,000 drivers for traffic-law viola...

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What is Sewer Backup Insurance?

May 15, 2020
You may have been asked to add sewer backup coverage to your home insurance policy and wondered if you actually need it. Sewer backups can sometimes be unavoidable due to heavy rainfall or failures in your city’s drainage system. This type of damage is not include...

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How We Are Giving Back to Our Community

May 4, 2020
As a member of the community, we at BrokerTeam are doing what we can to stop the spread of COVID-19. While we are fortunate enough to have over 95% of our staff work from home, we know that many cannot. They have either lost their jobs or are stepping up and working on...

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Temporary Pandemic Relief for Clients from Insurance Carriers

Apr 15, 2020
Temporary pandemic relief for clients from insurance carriers [Updated June 22, 2020] Note: Additional relief has been announced from some of our insurance partners in 2021, please read more here. In these unprecedented times, many of our insurance partners are offer...

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State of Emergency: Commercial Property Occupancy Changes May Potentially Void Coverage

Mar 25, 2020
With the State of Emergency in effect, almost all businesses’ operations could be affected in Ontario. This has implications on your commercial insurance since the terms and wording of commercial insurance policy are very restrictive to occupancy changes.

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BrokerTeam's Statement on COVID-19

Mar 16, 2020
To our Clients and Business Partners, As the COVID-19 situation continues to evolve, BrokerTeam hopes that you and your loved ones remain healthy and safe during this challenging and ever evolving situation. To support the community’s social distancing initiative...

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Why Use a Licensed Insurance Broker?

Feb 24, 2020
Learn the importance of working with a licensed broker and what you can do to protect yourself against fraudsters.

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Project SPOTLIGHT is back for 2019!

Nov 14, 2019
Last year, BrokerTeam created a new corporate social responsibility initiative, Project SPOTLIGHT, to organize the first inclusive screening of a Chinese movie in Canada. Locally produced audio descriptions in Cantonese and Mandarin were provided to our visually impaire...

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5 Reasons Why Your Home Insurance Rates Are Rising

Oct 29, 2019
Received a shocking increase in your home insurance rate? Learn what you can do to lower your premium.

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