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

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

Do you drive a snowmobile, motorcycle, all-terrain vehicle, classic vehicle, boat or similar seasonal vehicle?  If so, then it’s good to understand the nuances of the coverage A regular car insurance policy’s annual premium is considered earned evenly throughout the year.  Therefore if the policy were to be cancelled half

For many commercial property and business insurance policies, Co-Insurance is a fundamental principal of your contracted coverage. It is important you understand how it works because in essence the clause imposes a penalty in event that you are underinsured. With Co-Insurance, you agree to maintain coverage up to a percentage of the value

Intact insurance recently announced the launch of ridesharing insurance for Uber.  The commercial policy came into effect on July 7th and provides protection for all Uber drivers and passengers in Ontario. Here is what you need to know:1. Policy: The Intact commercial policy provides coverage from the moment drivers make themselves

Recently the real estate market has been reaching historical highs.     Houses selling within hours, for much more than their asking price with many bidding wars.    But how does this relate to insurance?  Well imagine a buyers surprise when they pay almost a million dollars for their home only to be told

L.D. Dermody is committed to providing our clients with the right information needed to understand the changes to car insurance mandated by the Government of Ontario. Beginning June 1st all new policies and policy renewals will be subject to a new Standard Accident Benefits Schedule and reforms. Here is the quick and dirty about what you need to

Further reforms are being made to the Ontario auto insurance system beginning June 1st,  2016.  These include changes to the Statutory Accident Benefits coverage, a new catastrophic impairment definition, and a number of other small changes.   Existing policies will remain subject to the current limits until they are terminated or

With the Super Bowl coming up, both the Carolina Panthers and Denver Broncos are undoubtedly meticulously preparing for the upcoming game. In 2015, we watched the Seattle Seahawks get defeated after they ignored the most obvious play they could have made to win the game. With only twenty-five seconds remaining and one yard left to go, the