Pedestal Insurance Brokers Inc.

05/20/2026

ONTARIO AUTO INSURANCE is changing JULY 01, 2026. If you previously selected Optional Accident Benefits on your Automobile policy, you will want to see what changes will be in effect July 01, 2026. You may also want to consider optional benefits that will be flexible to your specific needs. Visit our website to find out more. https://www.pedestalinsurance.ca

12/08/2024

Alcohol-related incidents account for a significant portion of traffic accidents in Ontario, emphasizing the need for vigilance. Staying sober and planning safe transportation options can save lives and prevent tragedies on the road.

According to OPP, in 2023 more than 10,000 impaired driving charges laid in Ontario, which was a 16 per cent increase in impaired driving occurrences compared to 2022.

Let's put this trend in a downward motion to eliminate the amount of alcohol-related charges and collisions on our roads. Zero would be the best number.

Drive sober! Get a ride share program together with a designated individual to chauffer you around this holiday season! Your friends and family love you.
Be smart, stay safe!

Have a Merry Christmas!
Pedestal Insurance Brokers Inc.

12/01/2024

Jolly laughter fills the air as Santa prepares for his magical journey. Get ready for a season of joy and wonder that brings smiles to every corner of the world!

Did you know that your policy has limitations for jewellery and electronics?

Don't forget to add those new toys of value, jewellery items and fancy electronic gadgets to your insurance policy.

11/25/2024

Snow tires are designed with unique tread patterns that provide better grip on icy and snowy roads. Investing in a good set can significantly enhance vehicle safety during winter months, reducing the likelihood of accidents.

Your insurance company will offer your policy additional discounts when approved snow tires are installed during the winter months.

11/22/2024

Did you know that if you are away from your home during the usual heated season for more than 4-consecutive days, you may not have coverages for freezing.
You should do the following:
a. arrange for a competent person to enter your dwelling daily to ensure that heating was being maintained;
b. shut off the water supply and drain all the pipes and appliances;
c. have a 24 hour a day monitored building temperature alarm installed and maintained. (Any disconnection of the alarm or cancellation of the monitoring service will void this provision)

09/18/2024

Why are Home & Auto Rates Rising?

Insurance premiums are adjusted as "the claims of the few are shared by the many."

This is something I was taught when I first wrote my insurance licence over two and a half decades ago. Nothing has changed, except more claims are being paid out each year. Check it out for yourself.

HOME & AUTO INSURANCE FACTS
** (links below are provided by IBC)
- How Home Insurance works
- How Auto Insurance Works
- Canadian Loss Experience Rating (CLEAR)
- Record Number of Insurance Claims
- $940 million in insured damages
- 2023 Weather Caused over $3.1 billion in insured claims

Get peace of mind!

07/19/2024

Insurance experts provide guidance to Ontario residents in wake of flash flooding. (article from IBC) Have a quick read.

Please be alert and take preventative measures for any potential ground water and high volume of rain water problems. Always redirect downspouts away from your home, and make sure that eaves troughs are clear of debris and leaves.



https://www.ibc.ca/news-insights/news/insurance-experts-provide-guidance-to-ontario-residents-in-wake-of-flash-flooding

05/28/2024

"Auto theft hurts everyone. When thieves steal, we all pay."

This is the title of an article from the Insurance Bureau of Canada (IBC) to discuss the $1.6 billion dollars for Auto Claims paid in 2023 that has affected AUTOMOBILE insurance rates, shared by all.

Have a quick read in this link! https://www.ibc.ca/stay-protected/theft-prevention/end-auto-theft

02/21/2024

Insurance Rates - Hot Topic
Why are property insurance premiums on the rise?
Have a look at the recent publication from Canadian Underwriter titled "Canadian Insured Losses from Catastrophic Events Exceed CAN $3 Billion in 2023".

Although we have turned the corner with supply on demand for building materials, it is still an important factor that the inflation in costs for construction materials and labor is still at an all time high.

It is important to insure your property to todays rebuilding and replacement cost in the event of a loss.

TORONTO, ON, JANUARY 9, 2024/insPRESS/ – The unprecedented frequency of catastrophic events experienced across Canada in 2023 pushed the insured loss total for the region to CAN $3.1 billion, according to CatIQ, Canada’s insured loss and exposure indices provider. With…

11/11/2023

LEST WE FORGET

Every year on November 11, Canadians pause in a moment of silence to honour and remember the men and women who have served, and continue to serve Canada during times of war, conflict and peace. We remember the more than 2,300,000 Canadians who have served throughout our nation’s history and the more than 118,000 who made the ultimate sacrifice.

11/09/2023

"Where auto and home insurance rates are headed" - Read this article from Canadian Underwriter

https://www.canadianunderwriter.ca/insurance/how-personal-auto-and-property-premiums-are-trending-1004239208/