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Summer days have come and gone, and if you haven’t taken measures to winterize your cottage , it’s almost time to close it up and say goodbye until next spring. Check these 10 tasks off your list as you prepare to leave your home-away-from-home for the winter months: Inspect your septic tank...

After a day on the ski hill or an afternoon of shovelling, there’s nothing quite like warming up by a wood burning fireplace. But, before you light the fire, it's important to take a few simple steps to keep your family and home safe. This will help prevent potential dangers like accidental...

As the weather gets colder and the boating season ends, it's time to shift gears from sailing to safeguarding. Properly winterizing your boat not only helps extend its life but also means you’ll be ready for a safer boating experience when spring arrives. Follow these essential steps to prepare...

Over the past few years, extreme weather and severe storms have been happening more and more often across Canada. Atmospheric rivers, bomb cyclones, and derechos are not new weather events, but you're likely hearing these terms more often — or for the first time — as they become more frequent...

Across Canada, countless communities have been affected by climate change , as heatwaves, fewer extreme cold periods, longer growing seasons, and shorter ice and snow seasons become more common than ever before. These changes have led to an increase in severe weather events , including floods...

Your home insurance policy can protect you from so much more than physical damage to your property and liability claims . Additional Living Expenses coverage is included in most home insurance , condo insurance , and tenant insurance policies. The name for this coverage may vary by  (in...

So, you’ve finally found your little slice of heaven off the beaten path, and you’re all set to get away and relax. The next step? Insuring your seasonal property to avoid unwanted (and often costly) repair or replacement bills in the future. It pays to know what kinds of factors affect the...

There are lots of ways to save on home insurance , from making some improvements around your home to opting for a higher deductible . But if you’re wondering how you could further reduce the cost of your home insurance, be sure to ask your broker about these 10 discounts. Claims-free...

Whether you’ve inherited your grandfather’s grandfather clock or scored an antique end table at an estate sale, consider these tips to protect your new piece and make sure it’ll be covered by your home insurance in an emergency. Tips for preventing damage to antiques and heirlooms Here are a...

When your home insurance renewal notice arrives, you may be tempted to file it away and stick with the same coverage year after year. But your home and your needs have likely changed since you first bought your policy, and your existing coverage and limits may no longer be right to suit your...

Across Canada, rising temperatures, increased lightning activity, and droughts are causing severe wildfire seasons. For small businesses, wildfires can cause significant damage — not only to your property, but to your operations through supply chain interruptions, displacement of staff, and...

Sometimes, despite your best efforts to keep your home secure , a break-in just happens. Learn some common signs that an intruder may have entered your home and find out what you should do next. Signs your home may have been broken into Some burglars are pretty good at covering their tracks...

WATERLOO, ON, May 6, 2020 — Today, Economical Insurance deployed its Catastrophe Response Team to Fort McMurray to provide immediate assistance for Economical and Sonnet Insurance customers who have been impacted by flooding. "Our team stands with the residents and business owners in the...

When it comes to buying home insurance, there are a few mistakes that are easy to make. From underinsuring your home or belongings to expecting coverage for things that simply aren’t included in your policy, we’re here to help you avoid these mistakes so you can be confident in your coverage...

The frequency and severity of natural disasters like wildfires, drought, extreme heatwaves, and floods are increasing across Canada. For your small business, flooding can cause significant damage to buildings and cause supply chain interruptions, disruptions for your staff, and health and safety...

Fire is one of the leading causes of home insurance claims — but luckily, it’s also one of the most preventable. Whether you rent or own your home, it’s a good idea to have a fire extinguisher on hand, learn how to use it before you need to, and keep it properly maintained so it works if you...

There’s no denying that most of us would be lost without our mobile phones. They’re our personal sidekicks, our closest connections to friends, and our family photo albums. So, when something goes wrong and your phone is stolen or damaged, the last thing you want to worry about is the cost of...

An earthquake is an intense shaking of the earth’s surface caused by movement surrounding fractures in the earth’s outermost layer (also known as fault lines). Earthquakes can do serious structural damage to homes and businesses, especially those located near or on fault lines. In Canada, the...

It’s no secret that climate change is leading to more frequent and more severe weather events and catastrophes around the world. Here in Canada, some of the most obvious examples include an increase in wildfires, more extreme heatwaves, and flooding. Consider these tips to make sure you’re...

Economical donates $100,000 to the Canadian Mental Health Association WATERLOO, ON, January 19, 2021 — As COVID-19 increases the demand for mental health support Economical Insurance is proud help Canadians by donating $100,000 to the Canadian Mental Health Association (CMHA) in support...

The value of your food can add up quickly, especially if you have a deep freezer filled with meat, seafood, and other big-ticket items. So, what happens if there’s a power outage or your fridge or freezer malfunctions? Thankfully, your home insurance policy has you covered. What is food...

So, you’ve done the math , and you’re convinced that tenant insurance sounds like a good idea — in theory. But how much does it cost? ( Viewing this from your smartphone? Click here to enlarge. ) Tenant insurance: a small price to pay for big protection While the price of tenant...

Insurance is supposed to give you peace of mind, knowing that you’ll be protected when you need it most — the last thing you want to worry about is that protection not being there when you need it because of something as simple as a missed payment. We have some tips to help make sure you never...