Dear Friends,With summer winding down and regular routines starting back up, it’s time to start thinking about the more serious sides of things.
Most people are on top of their car insurance and life insurance, but do you have coverage for all your personal possessions if something catastrophic should happen? We have more information on contents insurance and how to better protect yourself.
With the kids back in school, this also means making sure they wake on time. Our photo gallery features the trendiest alarm clocks that you can buy from traditional to chic and modern.
On a more fun side, we have plenty of information about how to enjoy the coming month. Check out the list of events happening around the city this month for inspiration.
As always, I am at your disposal to help. If you, your friends or family are looking to buy or sell real estate please keep me in mind.
Ph: (780) 271-8326
Residential sales in Edmonton spike as new inventory hits five-year low... – Edmonton Journal
Home sales climb higher in July, Canadian Real Estate Association reports – CBC
Alberta's housing market slowly mending – Edmonton Journal
SONiC Field Day (Sept. 7 – 8)
An alternative rock festival featuring many modern rock heavy hitters, including Said The Whale.
Walk a Mile in her Shoes (Sept. 11)
A fundraising walk against domestic violence that raised over $1 million in ten years.
Kaleido Family Arts Festival (Sept. 13 – 15)
An open arts festival for the family with everything from theatre to rooftop performances.
Edmonton Comic & Entertainment Expo (Sept. 20 – 22)
The city’s biggest pop culture convention, celebrating all things sci-fi.
Mosquers Film Festival (Sept. 21)
A film festival that focuses on the Muslim experience.
Harvest Fair (Sept. 21)
A fun day of old-fashion farm games and competitions.
Edmonton International Film Festival (Sept. 26 – Oct. 5)
Enjoy more than a week of independent and eye-opening films from around the world.
Everyone is familiar with the idea of car insurance, life insurance and house insurance — but what about protecting the personal items you own?
If you think about it and tally up the total of all the material things you have in your house, gathered over the years, it can easily run into the tens of thousands of dollars.
That’s where content insurance comes in. It can usually be included as part of a package with house insurance, but it’s important to specify what the policy actually covers and with what stipulations.
Contents insurance covers everything from the major appliances like the fridge or washing machine, clothing, sports gear, jewellery, and artwork. Essentially, it covers all of your personal property.
Like all insurance policies, a lot of the cost comes from how much value is covered and the deductible that is set for a pay out.
Ideally, the policy should be “all-risk”, which means that the items are covered in all circumstances except for exceptions specified beforehand — so if a flood, fire, burglary, or anything else happens, the belongings are covered by insurance. Oftentimes, even items stolen out of a car would be covered by the policy.
The other option, the “named perils” policy is usually not as comprehensive but can be cheaper. Just make sure to think about all the situations where you might lose your possessions and make sure you’ve got all bases covered.
So who should get contents insurance? Essentially, everyone.
As homeowners, contents insurance is usually tied in with house insurance policies and, for an extra few hundred dollars a year, a huge amount of liability is lifted.
Renters can also get contents insurance, which is often sold as a stand-alone policy.
Keep in mind that contents insurance often only covers the person named on the policy and their immediate family they live with – so if you are renting out a room to a friend, for example, they might not be covered.
Guests, on the other hand, typically are covered as long as their stay is within a certain time limit.
So where can you buy contents insurance from? Any third-party insurance agency, like BCAA, or Westland, or Square One, offer different forms of it, and some banks like TD or RBC, also offer competitive deals.