If you are a new driver in Canada, or you have just relocated to Canada and have not secured car insurance, you might face some stiff penalties if you are pulled over. Additionally, if you get into an accident and do not have insurance, there are some even harsher punishments for not providing proof of insurance when the police arrive on the scene. Here are some examples of what new drivers and new-to-Canada drivers could be facing if they cannot show that they are insured.
If you operate a bar, it is a good idea to have alcohol liability insurance in place. In fact, some jurisdictions actually require it. From small bars to larger ones, there is always a chance that something could happen on the premises, particularly when your patrons are drinking alcohol. Someone could fall and get injured, for example, or a fight could break out. With alcohol liability insurance, you can help ensure that you are covered in these situations.
Many drivers look favorably on the idea of lowering their car insurance, but many techniques for doing so have an associated cost. Installing a high-end anti-theft system, for example, can lower your bill but requires a significant investment on your part. If you're not eager to spend any money but are still enticed by the idea of lowering your bill, there are a number of strategies that you can try that don't have any expense, although the exact amount of savings you can expect to receive depends on several factors related to your specific policy.
If you own a business, one of the most important protections that you can purchase is commercial insurance. Commercial insurance coverage helps to keep you financially solvent in the event that your equipment malfunctions, your business is subject to a lawsuit or if there is an incident such as a fire. Although you may believe that it is relatively easy to go online and bind your insurance policy there, you may be missing out on the benefits that come with purchasing your insurance through a broker.
When so many aspects of your life need some sort of financial protection, from your car to your home to your health, it can be overwhelming to wade through all the information about the different types of insurance coverage available. This is why insurance brokers are such valuable professionals to have around. They have the knowledge and familiarity needed to help you make the best decisions about insurance coverage options for everything from your home to your health.