HAJ GLOBAL BLOG

home warranty is an optional service contract that covers the cost to repair or replace an appliance or system when it breaks down over time from normal wear and tear. With a home warranty plan, you’ll enjoy peace of mind knowing that the cost of unexpected home repairs will be limited. Most often, all you’ll pay is a relatively small service fee. Q. Are home warranties worth it? A. Yes, home warranties are well worth the cost. You’ll trade costly repairs for as little as $29 per month. A home warranty is especially worthwhile in times when your budget is thin and your nerves are shot, i.e. during the holiday season or when you close on a new house. Second, don’t overlook the peace of mind you’ll feel when your major home systems and appliances are protected. And finally, the best home warranty providers give you access to a network of licensed professionals in your area. You won’t have to read plumber reviews or ask your neighbors for a referral ever again. Q. Should I get a home warr...

Get quotes from as many insurance companies as you can.   Car insurance is mandatory in Canada, but that doesn’t mean you need to stick with your current car insurance provider or the one favoured by your family and friends. Car insurance providers will happily offer you a quote at no charge. This way, you can get a close estimate of what you can expect to pay annually. Don’t take our word for it: even the Financial Consumer Agency of Canada recommends applying for quotes as the first step when buying car insurance. A licensed insurance broker can retrieve multiple quotes for you. You can also use a rates comparison site like insuranceattorney.xyz Our network includes over 30 Canadian insurance providers. We’ll show you what rates insurance companies are willing to offer you, starting with your lowest quote. Make sure your application is accurate.  When you apply for quotes through a broker, you want to make sure that the information you provided during th...

What is Auto Insurance? Auto insurance provides financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.  Auto insurance may also offers financial protection against theft of the vehicle and damage to the vehicle, sustained from things other than traffic collisions. Auto Insurance Coverages There are basically six different types of coverages. Some may be required by law. Others are optional. They are: Bodily injury liability –  for injuries the policyholder causes to someone else. Medical payments or Personal Injury Protection (PIP)  – for treatment of injuries to the driver and passengers of the policyholder’s car. Property damage liability –  for damage the policyholder causes to someone else’s property. Collision –  for damage to the policyholder’s car from a collision. Comprehensive –  for damage to the policyholder’s car not involving a collision with ano...

A car insurance quote provides an estimate of what you’ll be charged for car insurance, monthly and annually. You can get a quote from a broker, an agent, or an insurance comparison site. Regardless of the route you take, you’ll be asked intake questions before you can see your quote. Your answers provide a general picture of your insurance needs. Every car currently in use needs to have insurance – it’s illegal to operate one without it. Because of this, your auto insurance quote will automatically include the minimum coverage required to operate a car legally. You’ll also have a chance to state whether you think you’ll need optional forms of insurance; this will be factored into the quote you get. Here’s what you can expect to be asked during the quoting process: Your age Your gender The date you received your license Your car’s make, model, and year Where you park your car overnight Whether your car is leased The number of kilometres driven to work one-way Whether you would like...

Car insurance is mandatory in all provinces and territories.There are serious consequences for driving without insurance. These include having your license suspended, your car impounded, and fines. In Ontario, the fines range from $5,000 up to $50,000; in Alberta, they range from $2,875 up to $20,000.Plus, your insurance premiums will increase (the larger the fine, the more significant the increase).So why aren’t other forms of insurance, like life and home insurance, not legally required? Car accidents take a toll on society. Without mandatory insurance, victims likely wouldn’t be able to access crucial support. Having a clear system for resolving disputes also ensures the courts don’t get tied up, too. Regulation at the federal and provincial levels Insurance is regulated at both the federal and provincial levels.The vast majority of the property and casualty insurance industry is federally regulated. The Insurance Companies Act governs all federally incorporated or registered insura...

Since you can’t legally operate a car without insurance in Canada —driving is an inherently risky activity — auto insurance policies are tightly regulated and standardized. However, the provinces get to determine what constitutes mandatory and optional coverage. The maximum amount an insurer will pay to an insurance policyholder varies in each province and territory. Broadly speaking, liability and accident coverage is mandatory in most provinces, while insurance that covers damage to the body of the car and personal effects is optional (with some exceptions). Insurance endorsements are a kind of optional coverage. They’re policy change forms that alter standard policies in ways that optional products don’t. Endorsements can enhance  or  reduce your existing coverage. See the mandatory coverage for your province here. Mandatory   insurance Third-party liability:  This benefit covers you from claims from a third party when you have an at-fault accident. It protec...