Electric bikes, better known as e-bikes, and bicycles of any kind can be a significant investment and deserve to be financially protected with appropriate insurance. Most e-bikes are powered by an electric motor of 500 watts or less, and are therefore classified as bicycles, for insurance purposes. While insurance coverage for your e-bike or bicycle is not legally required, we…
In the insurance world, material change is described as “any change material to the risk and within the control and knowledge of the Insured” or “a substantial and continuing change in your situation that affects and increases the risk involved to insure your property”. Material change of any kind could affect your insurance. An insurance policy is a legal contract…
After being home-bound for two or more years as a result of COVID-19 restrictions, many Canadians are travelling again, as the restrictions are eased. However, COVID-19 is still prevalent around the world and is a significant factor in the long lineups at airports, flight delays, and flight cancellations. Now more than ever, travel medical insurance is essential, whenever you leave…
If you own your own home or rental property and are considering or are already renting all or part of it for short periods of time, be sure to purchase appropriate insurance. Some insurance companies allow you to add a short-term rental endorsement to your homeowner insurance policy but have restrictions or limitations to qualify for the additional coverage. Before…
Your home and/or commercial property are amongst your most valuable and important assets. Updating, upgrading, and maintaining your properties not only protect your investment and make practical sense, but also could affect insurability. Home Insurance Insurance companies require details regarding the major components of your home, including the roof, plumbing, electrical, heating, and hot water, which must be updated or…
Read your entire policy to find out essential details about what is and isn’t covered, to what extent, and under what circumstances or conditions
Read your entire policy to find out essential details about what is and isn’t covered, to what extent, and under what circumstances or conditions
Call your Murrick Group Insurance agent to ensure you have up-to-date, accurate travel insurance information and the appropriate coverage for your trip.
During a “Hard Market,” insurance companies not only increase rates, but also might limit or reduce their business capacity and/or the extent of the coverage they offer.
The possibilities of liability protection are endless. The coverage is limited to how much insurance you purchase.
Your credit score could potentially save you money on your insurance premiums, but this is completely optional and isn’t shared with anyone. Here’s what you need to know.
As of March 2017, ICBC has started offering coverage limits of up to $5 million per vehicle (including the basic $1 million), in increments of $1 million. Premiums are payable when you renew your ICBC insurance.
More than 55 percent of BC residents have no earthquake insurance. But the chances of a major earthquake are increasing every day. Here is some helpful information.
Overland water damage is a common problem in Canada. Here is information to help you understand the insurance options available to you that can protect you from this issue.