https://padlet.com/adamgorham/dko93ayl17g8kpd4 Created by: Adam Gorham en-us 2021-03-25 21:28:34 UTC 2024-10-17 03:46:11 UTC hello@padlet.com adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1360572677 This government of Canada website gives you specific details on having home insurance in Canada. The information given will help you if you need to know anything about why you may need home insurance since in Canada you do not have to have home insurance. What a home insurance policy should cover, and how insurance companies calculate premiums. There is much more information on this website, and it is all government of Canada, so it's official.
I chose this website because there is plenty of government information on different aspects of home insurance. The CRA website provides you with many resources and tools giving you the information you need to feel more comfortable regarding home insurance. ]]> 2021-03-28 00:48:17 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1360572677 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1361756447 This video is designed to help you gain knowledge, and feel more comfortable about purchasing home insurance. There are many types of protection within home insurance such as dwelling protection, fire and smoke, repairs and replacements, etc. Allstate homeowner's insurance really gives you a better understanding about home insurance, and what it covers. 
I chose this video because it provides important information regarding home insurance, and what to expect when choosing your home insurance.]]> 2021-03-28 18:06:38 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1361756447 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1361998986 When you are a first-time homeowner and put less than 20% down, you will have to get mortgage default insurance. By providing step by step instructions on how to calculate your mortgage payment, this puts a first-time homeowner at ease.
 I chose this video because I think it is a great tool for first time homeowners in Canada. This video lets homeowners know that they have the right tools and information to make the right choice with home insurance.]]> 2021-03-28 20:40:34 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1361998986 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362013799 This image breaks down homeowner insurance coverages such as: dwelling coverage, other structures coverage, personal property coverage, and liability coverage. Inside each section is more detail on what the coverage protects.]]> 2021-03-28 20:51:04 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362013799 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362015921 There is a lot of Canadian content within this website. Plenty of links for you to discover and understand home insurance. This website will tell you what home insurance is and what it will do for you. There is a policy checklist to make sure you are getting what you need when purchasing home insurance. There is a link for choosing an insurance vendor, which you can buy from a broker, agent or direct writer. There is also insurance buying tips.
I chose this website because there is a lot of links for someone who wants to have home insurance but understands nothing about it. This website will ease their mind.]]> 2021-03-28 20:52:48 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362015921 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362043642 This website is an introduction to Canadian home insurance. ratehub.ca provides many resources and information regarding quotes, prices, types of insurance, and what documents or information is needed to get home insurance. There are many additional coverages you can get if you think you may need them such as sewer backup, earthquake, identity theft, even lock replacement are some additions to add to your coverage.
I chose this website because I liked how it was very resourceful. I found a lot of information that I didn't know prior to reading the article from the website. Also there is a spot for you to compare quotes, which is important to do when looking for home insurance.]]> 2021-03-28 21:13:04 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362043642 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362128697 insureye.com is full of information regarding average home insurance costs throughout Canada. This website provides you with accurate monthly home insurance rates. It also breaks down the rates per month by province and provides up to date statistics. I learned that the average rate for home insurance, as an Ontario homeowner, is $72.00 - $134.00 maximum. As a renter, the average home insurance rates are from $21.00 - $34.00 maximum. Which tells us that home insurance really is not a big expense in the long run.
I chose this website because I found the information interesting to show you different costs of home insurance in different provinces in Canada. ]]> 2021-03-28 22:30:33 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362128697 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362148034 This image is a map of top causes of loss around the world. In Canada the most common cause of loss is from fire/explosion. FUN FACT: Storm activity is responsible for the most expensive causes of loss in Hong Kong.]]> 2021-03-28 22:48:53 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362148034 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362160491 This video details information you will need to know when having home insurance. She goes over how you need to calculate the value of the home itself in order to be able to insure everything you have is correct, in case of a claim you will be able to get back what you owned as long as it is claimed through insurance. Adding extra provisions to your policy can help you avoid unexpected costs such as inflation.
I chose this video because most other videos don't go into detail on what you need to do like writing down and claiming your property/belongings to insurance.]]> 2021-03-28 23:01:45 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362160491 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362162971 Q: What did you learn about your topic that surprised you the most?

A:  One thing I learned was that you do not need home insurance in Canada. You want to get home insurance though in order to get a mortgage from the bank.]]> 2021-03-28 23:04:09 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362162971 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362164848 Q: Provide a real-life example of how this topic is relevant or interesting for you.

A: Well I do not own a home right now, but I also didn't know much about getting insurance being a renter. This is something I may look in to in order to protect what I have acquired over the years.]]> 2021-03-28 23:05:59 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362164848 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362165610 Q: If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

A: The most important thing that I could pass on to a family member or a friend, is that getting home insurance is key when owning a home. It provides you with coverage, that would otherwise be paid out of your own pocket if the home owner does not have home insurance.]]> 2021-03-28 23:06:44 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1362165610 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1365843246 Home insurance is insurance coverage for your home, its contents and your possessions. It provides you with financial protection in the event of a disaster or accident involving your home. When choosing an insurance company, keep in mind of your premiums. Premiums will vary from one insurance company to the next, they are the amount you pay to buy home insurance. It is important to ask for quotes and compare prices, before choosing the right insurance company. 
Although home insurance is not legally required in Canada, it is necessary in order to get a mortgage to purchase a home. Home insurance provides personal property liability coverage for you, your partner and your children. By not having home insurance you take a huge risk, leaving your savings to cover the cost of any problem where damage is caused to your home.]]> 2021-03-29 21:15:12 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1365843246 adamgorham https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1366283312 I found this video to be interesting to know. There is home insurance which is designed to protect your home from large problems such as pipe bursts or natural disasters and will cost you an average of $1,200/year. There is also home warranty which is used to protect the things inside your home such as appliances, sometimes interior plumbing, dishwasher, etc., this will cost an average of $25-$70 with the midpoint around $400/year.
I chose this video because it's good information to know for a home buyer that to protect everything there is two different things to get, a home warranty and home insurance. Both are very important when it comes to owning a home.]]> 2021-03-30 01:15:48 UTC https://padlet.com/adamgorham/dko93ayl17g8kpd4/wish/1366283312