- Auto InsuranceAutomobile insurance in Ontario operates under a set of rules defined by the Ontario Automobile Policy (OAP 1 ). When it comes to non-payment of premiums, here’s what you need to know...
- Home InsuranceAt Merit Insurance, we are committed to keeping our valued clients informed about the evolving landscape of home insurance. Over the past few years, residents of Ontario have witnessed a steady increase in home insurance rates, leaving many homeowners questioning the reasons behind this upward trend. In this blog, we shed light on the four key factors contributing to the rising home insurance rates.
- Condo InsuranceAs a condominium owner you also share in any losses to the common areas of the condominium. Loss assessment coverage is included in the Condominium Unit Owners policy. Policy will cover your portion of the Condominium Corporations deductible. You should let your broker know the deductible amount that you would be responsible for to ensure that your policy has the right limit.
- Landlord InsuranceLandlord insurance covers any damage to the property caused by perils, such as a windstorm or fire. It may also cover tenant vandalism to the property or damage to the landlord’s personal property (such as appliances), but it will not cover damage to a tenant’s personal property.
- Life InsuranceSeptember is a special month for us because it marks Life Insurance Awareness Month. We believe that it’s the perfect time to reflect on your financial security and take steps to protect your loved ones’ future.
- Health InsuranceThis coverage is mandatory in the province of Ontario. You do not need to apply for the Optional Coverages if you have your own Group Health Insurance. However, we recommend you check your own Group Health Plan to make sure it will cover you for expenses due to injury from a car accident and includes all family members living in your household and insured under this policy.
- Long Term Care
- Business InsuranceAre you a business owner who is looking for commercial business insurance? Did you know that your needs may not be covered under a general insurance policy?
- Professional Liability InsuranceOur Merit Brokers will find the right commercial business insurance which will help safeguard your business, from professional liability to product liability and more!. The process of placing an insurance policy that caters to your business needs is a time consuming one, yet critical in protecting your business.
- Liability InsuranceAs society is changing to be more litigious, higher liability limits are recommended. The cost to increase your liability limit is minimal and worth considering. A Personal Umbrella Liability policy may be a good option if you are – A Frequent Traveller, High Net-worth Individual, Volunteer, Owner of Rental Properties, Pet Owner or Social Media Users (excluding influencers and media personalities).
- Travel InsuranceMerit Insurance Brokers is an independent Ontario insurance brokerage, providing a full range of home insurance, auto insurance, business, and commercial insurance, life insurance, travel insurance, and group insurance services. Merit provides customized policies and insurance packages to clients across Ontario, with offices in Toronto and Waterdown. Your Merit broker will work for you, and shop around for the best rates, negotiating on your behalf and delivering coverage to help you meet your long-term insurance goals.