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  • Mar20Fri


    March 20, 2020

    A frequent question that we have had from many or our business clients is will I be covered by my business interruption coverage if I need to shut down as the result of COVID-19.  For the most part the answer is no.  Most Canadian Insurers use standard Insurance Bureau of Canada (IBC) wordings in which there is no coverage for...

  • New laws for Ontario drivers

    New Laws for Ontario Drivers in 2019

    January 16, 2019 L.D. Dermody Insurance Team

    We have had a number of customers ask us about recent changes to the impaired and distracted driving laws in Ontario for this year so in response we have put together this short summary.    


    Impaired Driving  

    With the new impaired driving laws police officers can now demand a breathalyzer test from any driver. ...

  • Are you covered for water damage?

    Are You Covered For Water Damage?

    June 12, 2018 L.D. Dermody Insurance Team

    Water damage is now the number one cause of claims for Ontario homeowners.  The amount of damage can be so devastating that it’s prudent to know what’s covered by your home insurance policy.    Many people just assume they have coverage but there are many different kinds of water damage and not all of them are...

  • Vacancy, are you covered?

    Vacancy, Are You Covered?

    May 9, 2018 L.D. Dermody Insurance Team

    Vacancy refers to the circumstance where, regardless of the presence of furnishings, all occupants have moved out with no intention of returning, or in the case of a newly constructed dwelling, no occupant has yet taken up residence.

    There are a number of circumstances that lead to vacant property: tenants move out, owners vacate their property...

  • Wind Damage and Insurance

    Wind Damage and Insurance

    April 6, 2018 L.D. Dermody Insurance Team

    Wow, what a day.  Heavy winds on Wednesday caused a tremendous amount of grief for many people in southern Ontario.  From knocking down trees, cranes and building structures to blowing off shingles from many roofs.  Tens of thousands of people were without power as hydro crews worked hard to restore downed hydro wires.  The good news in all of this is that no one was seriously hurt.  

  • What should you do if there is an imminent threat of overland flooding?

    If overland flooding is imminent shut off electricity to areas of the home that may be affected. If possible, use sand bags, install flood shields or built-up barriers for basement windows and doors.


  • When you’re in the market for insurance, knowing who to turn to for advice is an important step in the journey. If you’re uncertain about the difference between a broker and an agent, check out the details here before you choose the one that best suits your needs.

  • From finding the perfect clients to childproofing your home, there’s a lot to think about when you’re planning on opening a home daycare — don’t let insurance fall through the cracks. We’ve got answers to some of the most common questions about insurance for home daycares.

  • Do Not Forget To Renew Your Driver’s Licence

    August 29, 2017 L.D. Dermody Insurance

    We have been experiencing more clients forgetting to renew their driver’s licence for various reasons.  This can have dire consequences, especially when it comes to your automobile insurance.  If you do not have a valid driver’s licence you do not have car insurance. 

    The Ontario automobile policy only provides...

  • Flooding in Ontario

    May 9, 2017
    With the current flooding events happening in Ontario and Quebec everyone should be checking their insurance policies for coverage.  It wasn’t that long ago when flood insurance was not available for home insurance policies.  Here’s the quick and dirty on flood insurance in Ontario.
    • Flooding is rapidly becoming the...
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