Why Renters Need Insurance – Tips from Your Local Insurance Company

Most homeowners know that insuring their property and belongings is necessary. However, many renters do not assume the same responsibility. This can be a major error that could cost you much money and aggravation. If you experience a theft or disaster in your rental home, you should be able to recover your losses in the same way that a homeowner would. When you purchase renter’s insurance, you can do that. At TSG Insurance, we want our customers to enjoy peace of mind, and we can help you achieve that as a tenant.    Read more

Home Window Safety

Canadians love summer, probably because we experience so much winter. Summer is when we can take advantage of the pleasant weather by opening windows and letting in the cool breeze. However, while windows allow us to enjoy the season’s lovely sunshine and temperatures, they’re also an essential component of our homes’ safety.

In April 2017, CTV News reported that a “five-year-old boy is in critical condition after he and a two-year-old girl fell out of an upstairs window at a home in Calgary.” That article concluded with a reminder that with “the weather growing more comfortable, police are cautioning parents to be wary of leaving windows open around small children.”
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The Importance of Tenant Insurance

tenant insuranceWhy is tenant insurance important when you’re renting in Alberta? It’s a common question and with growing home prices, and an increasing focus on the rental accommodation market, there’s an increased likelihood that Canadians will increasingly be renting rather than owning their home, condo, or apartment unit and if that’s you, you’ve worked hard for your stuff and both you and your stuff deserve protection.

According to a January 2017 Global News update, “Renter’s insurance, also known as tenants or contents insurance, will help replace possessions in your rental unit in the event of loss, theft, or damage. And while it’s relatively inexpensive, experts say many renters are still going without insurance.” Read more

Protect Your House with Fire Insurance

home insurance albertaFire in the insurance industry is known as a ‘risk’ or ‘peril’ meaning the cause of a loss or damage. The wildfires in Fort McMurray and the surrounding area in 2016 illustrated fire’s devastating effect – both on the community, province, and the insurance industry.

As a full-service, independently-operated insurance brokerage that provides insurance policies from maximum to minimum coverage to meet your individual or business needs, at Thomson Schindle Green Insurance Company we want you, our clients and potential clients, to have the best policy possible and the understandings that go with it. This is but a few of the reasons why understanding your insurance policy, and especially fire coverage, is critical for all Albertans.

If you have home insurance and your home is damaged, you’re covered. According to the Insurance Bureau of Canada (IBC), “virtually every home insurance policy covers damage caused by fire, even if the fire began on a neighboring property”. It’s important that this be said because there’s a lot of misinformation about natural disasters; some believe there is an “act of God” exclusion on their home insurance policy, but this isn’t the case. In fact, “there is no such thing as an “act of God” exclusion in any property insurance policy in Canada.” Read more

Home Insurance for Valuables and Jewelry

Many Albertans are collecting and creating wealth unknowingly through every day purchases like jewelry that over time can continue to increase in value as an individual piece or develop into an entire collection. Over time this innocent accumulation of value increases, often to levels not covered by a typical homeowner’s insurance policy.

At Thomson Schindle Green Insurance Company, we understand how valuable your personal belongings are to you, especially when it comes to such personal items as jewelry and the sentimentality that is often associated with that ‘special’ piece. It’s important to know that just because you have homeowners insurance, your jewelry is not automatically covered, and the best guarantee is to discuss the items and whether you should schedule them with your broker.

In the strictest of terms, a Policy Schedule is an outline of the coverage provided under the policy, it will show details of the policyholder, what the policyholder does, and the coverage given and the relevant limits, sums insured, and excess. Scheduled personal property protects valuable items that are out of the ordinary and need to carry separate coverage to ensure that their full value is covered in the event of a claim. Read more