Thinking of starting your own business? You’re not alone: nearly three million Canadians are self-employed. But if you’re planning to set up headquarters in your home, be aware that your homeowners insurance may not adequately protect your business.
Located just off the side of the road, highway rest stops are convenient spots for travellers to use the restroom, stretch their legs and enjoy a snack. However, rest areas are often in unfamiliar and remote locations, so it’s important to be cautious when stopping.
A pipe bursts, a hose blows or a steady drip goes unnoticed for months. Whatever causes a leak, it usually results in a messy, costly problem. In fact, the Insurance Bureau of Canada reports that the insurance industry pays $1.7 billion dollars in claims each year for water damage.