IMPORTANT: Response to COVID-19 [Update]
To our Clients, Due to the daily expansion of COVID-19 cases and the guidelines being set to reduce transmission via social contact, we at Algoma Insurance Brokers realize that additional precautions must be taken to keep client and employee exposure under control. We have made the decision to close our branches to the public until […]
Read MoreOur response to COVID-19
To our Clients: With the evolving global concerns on COVID-19 (“Coronavirus”), we want to provide you with an update on our response and commitment as we all navigate this difficult time. We will remain open for business and committed to serving our clients. We have enacted some changes to our operations so that we can […]
Read MoreHow to Prevent Flooding in Your Home
Although spring is one of the most beautiful times of the year in Canada, it does come with its problems. Rapidly thawing snow and ice soon give way to floods, especially when you don’t engage in thorough flood prevention. If you want to prevent flooding from melted snow, it’s necessary to adopt some tips. Fortunately, […]
Read MoreWhy Your Home & Auto Insurance Rates Increase
You might have noticed an increase in your home and auto insurance rates lately. If so, you aren’t alone. People across the country are facing higher rates in their new and existing policies. It isn’t simply because the insurance company decided to charge you more. There are factors that contribute to these rate increases. Understanding […]
Read More7 Improvements to Lower the Cost of Your Home Insurance
Home insurance is essential to maintaining the safety of your property. But the variance in monthly costs can skew depending on the security and fortification of your home. However, you can effectively lower your monthly insurance costs yourself with these 7 home improvements. 1. Install an alarm system One of the most effective and efficient ways to […]
Read MoreWater Damage and Insurance: What You Need to Know
Weather patterns are changing worldwide, and this trend is affecting Canadians directly. Over the last decade, water and flooding have become the most common insurance claim, with floods occurring five times as often as wildfires. When it comes to protecting your home from water damage, most property owners assume their personal property insurance policies will […]
Read MoreHome Protection Guide: Snow & Ice Storms
Introduction As a homeowner, you take pride in maintaining your investment and protecting it from outside risks. Among these risks, winter weather presents some of the most significant challenges—challenges that may even lead to substantial property damage. Canada experiences some of the most extreme winter weather in the world, and homeowners constantly have to protect […]
Read MoreRates on Insurance are rising. The Provincial Government wants your input.
The Ontario government is reaching out to the public for suggestions on how to lower the province’s rising insurance rates through its latest initiative called the Putting Drivers First consultation. The input will be used by officials in an attempt to get auto insurance costs under control and put more money back in to the […]
Read MoreDistracted Driving Fines have Increased
The existing fines and penalties for distracted driving have increased on January 1, 2019. If convicted, the penalty you face depends on the kind of licence you hold and how long you’ve been driving. Distracted Drivers with A to G licences If you have an A, B, C, D, E, F and/or G licence, you […]
Read MoreDirect Compensation Property Damage – What You Need To Know
What is Direct Compensation Property Damage? Direct Compensation Property Damage (DCPD) is a mandatory component of auto insurance in Ontario, which covers damage to your vehicle and/or the contents of your vehicle where you are deemed not at fault in an accident. When does DCPD apply? If you are in a car accident where the […]
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