Blog

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

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] In these unprecedented times, many of our insurance partners are offering relief to their clients. Some of these relief programs come in the form of deferred payments, waived NSF fee...

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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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Project SPOTLIGHT Brings The Cinema Experience to Everyone

Oct 30, 2018
Project SPOTLIGHT, BrokerTeam’s first corporate social responsibility program, took place from the 26th to the 28th of October.

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Tips for heritage home insurance

Jul 20, 2018
In recent years, the housing market in Ontario has been booming. Not only are people buying newly-built condos, but also, more and more people are becoming keen on buying heritage buildings. This is why property buyers should be aware of the potential risks and have eno...

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6 Things You Should Know About ‘Pay as you go’ Auto Insurance in Ontario

Jun 6, 2018
6 Things You Should Know About the ‘Pay as you go’ Auto Insurance in Ontario

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What to Do for Your Unoccupied Home – Broker Stories

May 28, 2018
How to avoid insurance gaps if you're planning on leaving your home unoccupied during vacation.

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Got Engaged? What You Need to Know About Engagement Ring Insurance

May 19, 2018
From the moment you say “Yes”, you are likely to be rocking your engagement ring everywhere and showing it to everyone. After all, isn’t this what Instagram is for? Aside from the financial value engagement rings hold (especially if he followed the...

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