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So far Fy Virani has created 23 blog entries.

Glossary: Key Insurance Terms

2019-07-10T13:28:09+00:00

Reading your home insurance policy can feel like a real challenge. Policies are loaded with terms and jargon that the average homeowner should not be expected to know. With that in mind, we have put together a list of some of the key insurance terms you are likely to come across while reviewing your policy.

Glossary: Key Insurance Terms2019-07-10T13:28:09+00:00

What Can You Do When the Mortgage Company Has Your Insurance Money?

2019-06-20T15:51:21+00:00

Your mortgagee will often be included as a co-payable on the portion of your insurance claim that covers structural damage. Most mortgages include clauses that make the mortgagee a co-payable on your home insurance policy because the bank or lender relies on the house itself as collateral.

What Can You Do When the Mortgage Company Has Your Insurance Money?2019-06-20T15:51:21+00:00

How You Can Update Your Home Insurance Following a Claim

2019-06-20T15:42:19+00:00

In the wake of loss or damage to your property from a disaster like a house fire, you may consider reducing or changing your insurance coverages. It is a move that might seem to make sense and save money. After all: why would you need to insure contents or structures that no longer exist? Repairs can be time-consuming and paying lower premiums until they are complete seems to make good financial sense.

How You Can Update Your Home Insurance Following a Claim2019-06-20T15:42:19+00:00

Your Guide to Liability Insurance and Fire Insurance Claims

2019-06-20T15:52:19+00:00

House fires can start from countless, seemingly minor, acts or issues; and not all of those sources come from within the home itself. If you are having work done on your home, contractors bring many new and unanticipated fire-risks with them, from new electrical equipment to discarded cigarette butts.

Your Guide to Liability Insurance and Fire Insurance Claims2019-06-20T15:52:19+00:00

Information You Need to Know if There is a Fire on Your Farm

2019-06-20T15:52:42+00:00

Loss due to a farm fire is a tragic experience. Losing property, equipment, animals, livestock, and product is emotionally challenging and it can lead to lengthy downtime for your farm and business. The loss of productivity can put your entire operation at risk.

Information You Need to Know if There is a Fire on Your Farm2019-06-20T15:52:42+00:00

What Not to Do After a House Fire

2019-06-20T15:53:20+00:00

It’s hard to know what you should do after a house fire. It is not uncommon for families to be allowed to re-enter the home shortly after a fire. During this time emotions run high and it is very easy to make a mistake.

What Not to Do After a House Fire2019-06-20T15:53:20+00:00

How Does Insurance Work After a Condo Fire?

2019-05-10T16:53:38+00:00

A growing number of Canadians are living in condominiums. As one of the only affordable options for home ownership in major cities across the country, there are now 1.6 million Canadian families or individuals dwelling in condos. The majority (1.1 million) own those condos as opposed to renting them.

How Does Insurance Work After a Condo Fire?2019-05-10T16:53:38+00:00

What Is Business Interruption Insurance?

2019-04-15T21:22:56+00:00

Your business is more than just a building. It’s an operation that needs to keep making sales and generating revenue to keep the doors open. When a fire or flood damages your business property, you face more concerns than just repairing and replacing lost property and structural damage, you are also losing revenue that would be generated if you were open for business.

What Is Business Interruption Insurance?2019-04-15T21:22:56+00:00

What Can You Do About Being Under-Insured?

2019-04-15T21:14:55+00:00

It’s flooding season in Canada. With the warm spring weather comes melting snow, sudden rainfalls, and saturated ground soil. While floods can happen any time of year, flood risks tend to be higher in the spring due to rapidly melting snow. The meltwater can swell rivers, overflow urban drainage systems, and saturate the soil in rural areas.

What Can You Do About Being Under-Insured?2019-04-15T21:14:55+00:00