Blog
Auto insurance rates in Ontario going to increase by over 3.2% in the first quarter of 2019
Average Rate ChangesTwenty-three insurers, representing approximately 51 percent of the market based on premium volume, had rates approved in the quarter. Approved rates will increase on average by 3.35 percent when applied across the total market.Individual RatesThe...
What is Data Breach Insurance?
What is Data Breach Insurance? Some small business particularly those in the medical field rely on computers to store client or patient data. As we become more digitized, concerns about cyber security and data breaches are increasing. Digitizing your records can help...
Insurance Coverage You Need for Your Home-based Business
Are you starting a home-based business? Being your own boss and working from home sure sounds appealing, but have you considered how you will insure your home-based business? Generally, a home insurance policy offers a small coverage for things such as tools and...
Cyber security – How secure is your small business?
How are you securing your small business against cyber attacks and data breach? The reality is many small business owners are not aware that more cyber attacks are hitting small businesses. When your small business is unprepared for a cyber attack, hackers can have a...
5 Reasons Why Your Small Business Needs Disability Insurance
Small business owners underestimate the chances of becoming disabled. Unfortunately, the chances of having a disability are higher than you might think. According to Statistics Canada, about 3.8 million people, or 13.7% of Canadians aged 15 and older, reported being...
Why do I need business insurance?
As a business owner, you may have many assets for example equipment, vehicles, inventory, a key employee or partner, and yourself just to name a few. Because of these assets, it is important to protect your business from any possible risk.
A friend drove my car and crashed. What happens to my insurance
It is very common for parents to lend their vehicle to their children, or for a friend who is moving to borrow your truck. But what happens if your friend crashes your car? By allowing another driver to operate your vehicle, you are taking responsibility for the...
Will location-based auto insurance pricing be disposed of now that Doug Ford is premier
Although the topic was not addressed by the premier himself nor was auto insurance mentioned in the Plan for the people, it was an issue the PC party spoke about. As it stands, drivers in urban areas usually pay more for their auto insurance than drivers in rural...
Latest rate changes for Ontario – What does that mean for Ontario drivers
This past July the latest rate changes were published by the Financial Services Commision of Ontario (FSCO). Every insurance company in Ontario must have changes to their rates approved by the FSCO each quarter. An increase in rates is bad news for everyone, but it...
About Me
Inder Madan, your local Mississauga Insurance Broker at your service.
Having been in business for 25 years, I am looking forward to providing appropriate personal and business insurance solution to you.
Contact Me
