Buyer Places Own Insurance

Question: Your buyers purchase a vacant home. On the revisit, the neighbor discloses that he was watching/taking care of the house, but that he’s no longer doing that. What is …

Fire Insurance: Where did the Money Go!

We looked at an example, the other day: Acquisition Purchase Price: $1,300,000.00 Mortgage: $800,000.00 Fire Insurance: $500,000.00 House Value $500,000.00 At the Time of the Fire with Co-insurance clause: included …

No Insurance for the Garage

By-law Endorsement was needed Rob and Allison were sitting quietly in their family room one evening when all of a sudden they heard a crash, it was like a jet …

Trees as a Nuisance

If a tree falls in the forest, no one cares, except perhaps the termites. But, if your neighbour’s tree falls on your house, then there is a little problem. First …