Understanding Electric Vehicle Insurance in Ontario
Electric vehicles (EVs) require insurance, just like traditional internal combustion autos. You might think that EVs should be cheaper to insure because they are better for the environment, don't use fuel, and have advanced safety features.
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Surprising Things Covered (& Not Covered) Under Liability Coverage of Home Insurance
We all know why it’s important to have home insurance. It offers peace of mind and protection in case the unexpected happens, whether it is damage to your property, damage to someone else’s property or bodily injuries within your home.
Changes to Travel Insurance Post-COVID
As the COVID-19 pandemic winds down, people have become more comfortable travelling domestically and internationally. Though more people are flying to visit family or enjoy a much-needed vacation, it's important to remember how unpredictable things still are. It has...
Unoccupied Homes & Your Responsibilities as Homeowner – Broker Story
Broker Story is a section on our site that helps us illustrate the importance of having a broker by your side. As licensed insurance professionals, we do more than help you get insurance with the right coverage and the right price. BrokerTeam brokers advocate for our cl...
Home Insurance Discounts with Updates to Your Home
Home insurance discounts with property updates
Home insurance is essential for every modern homeowner, with a good policy helping to protect your home and family from a range of adverse events. Also known as home and contents insurance, these policies are designed to r...
BrokerTeam Shines a Light on the Community’s Unsung Heroes
RICHMOND HILL, ON, DECEMBER 8, 2021/insPRESS/ – Ontario-based brokerage BrokerTeam Insurance is excited to announce the launch of the 2021 edition of Project SPOTLIGHT, the company’s corporate social responsibility initiative. Created in 2018 by BrokerT...
Understanding Builder’s Risk Insurance for Contractors, Homeowners and Business Owners
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...
Why Your Home Insurance Might Not Cover Your Collectibles
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,...
BrokerTeam Insurance Announces New Branch Format with the Creation of Goodrates Insurance
BrokerTeam Insurance annouces new branch with launch of Goodrates Insurance
Additional Pandemic Relief for Clients in 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...
Why CAA Insurance May Be Right for You
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...
What Is Rented Dwelling Insurance
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...
Increased Car Insurance Premiums: True Cost of Speeding Tickets
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...
What is Sewer Backup Insurance?
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...
How We Are Giving Back to Our Community
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...