Our Insurance Blog

Waking up to a flood in your home’s basement due to a plumbing problem is never pleasant. One of the first questions that can come to your mind is whether your home insurance covers water damage. It can be confusing for regular homeowners in figuring out what constitutes water damage and what doesn’t according to your policy.

With the number of vehicles on the road increasing every year, the number of accidents is also increasing. Distractions while driving are the leading cause of mishaps. Several actions, such as texting or applying makeup, can distract you from the road, resulting in accidents. In this blog, Tailor Made Insurance Services lists out the serious insurance implications of distracted driving and the harsh penalties imposed on the defaulters.

Most homeowners need home insurance, irrespective of whether they own a home or a condo. Insurance provides protection from financial loss due to things such as fire and  theft and many more insured perils. Home insurance isn't mandatory by law but most mortgage holders and banks lend money only after you buy home insurance. If you decide you need property insurance, Tailor Made Insurance Services can help you with personalized and comprehensive insurance products and services specific for the area in which you live.

Houses and condos require different coverages and so, the insurance for both differs in various aspects. The coverage for the actual building is a factor where the two insurances differ the most.

Cyber-attacks on small businesses are on the rise. In fact, since these companies typically lack the resources and protective barriers needed to fend off cyber-attacks, they’re commonly targeted by hackers.

A recent poll commissioned by the Insurance Bureau of Canada found that nearly one in five business have been affected by a cyber-attack or data breach in the last two years. And among business hit by a data breach, 37% estimate that it cost them over $100,000.

Cyber insurance, also called cyber risk insurance and cyber liability insurance, is designed to cover businesses for losses caused by cyber-attacks. Here’s an overview of this type of insurance coverage.

Canada is a large country with extensive scenic routes that attract enthusiastic motorcycle riders. The diverse countryside offers a lot to explore. However, it is important for riders to understand the risks involved on the road. It doesn’t matter whether you are a regular or an occasional motorcycle rider accidents and fatalities can happen anytime. Motorbikes occupy less space on the roads and are less reflective; it is difficult to notice a biker from a far. You can avoid accidents by following certain safety guidelines. For instance, wearing bright colors on the road makes you more visible and less prone to a crash. 

Be prepared for such situations in Sherwood Park with motorcycle insurance from Tailor Made Insurance Services.

Spring is the season of expos and trade shows, where you can go to find all of the lifestyle services and products you'll need for the year ahead. The staff at Tailor Made Insurance are happy to announce that we are attending both the St. Albert Lifestyle Expo & Sale and the Sherwood Park Great Canadian Trade Fair & Sale this April.

If you're looking for insurance that better suits your needs, then it may be beneficial to combine multiple lines of insurance into one policy. Many people choose to do this with their auto insurance, home insurance, and business insurance. The insurance brokers at Tailor Made Insurance are here to help you decide if bundling is the right choice for you. Here are some of the important advantages to consider.

With Canada set to legalize recreational cannabis use this October, many people have questions about what impact it may have on their auto insurance. At Tailor Made Insurance in Sherwood Park, we want to make sure you've got all of the information you need to make the right choices. Here is everything you should know about how roadside saliva testing for cannabis will work and about what this could mean for your insurance premiums.