Blog
What Does It Mean To Be Licensed And Bonded?
“We’re licensed, bonded, and insured”. That’s a phrase you’ve probably heard or seen about a thousand times. It’s associated with trust - you wouldn’t go with a company that wasn’t licensed, bonded, or insured, would you? You know that the phrase means security, but...
Types Of Construction Bonds
To understand the different types of construction bonds, it’s first important to understand what construction bonds are, and more broadly, what surety bonds are. Surety bonds are a contract between three parties. Two parties are engaged in some sort of contract, while...
MPI’s Winter Tire Program
Want winter tires, but find them unaffordable? MPI’s winter tire program may be able to help. Is the winter tire program worth it? That depends on a number of factors. There’s a lot to cover, so let’s jump right into it: What The Program Does The winter tire...
How Home Insurance Premiums Are Calculated
Insurance is all about risk management. To figure out the premium for a particular insurance product, insurance companies have to determine how likely it is that something will occur that would cause them to have to pay out. They then have to determine how much they...
Winnipeg-Based Insurance Brokerage – Reider Insurance: “Our Vice President Has Been Nominated For Prestigious Insurance Industry Award!”
WINNIPEG, Canada - Reider Insurance, one of the oldest family-owned insurance brokerages in Canada, is pleased to announce that their Vice President, Tiffany Reider, has been selected as a finalist for The PAL Insurance Brokers Award for Young Achiever of the Year at...
Risk Management During COVID-19
Risk management is one of the most important elements of any business plan. Sadly, a very unexpected risk is currently upon us in the form of a global pandemic. Realistically, you’re probably going to have to change a lot of your business plan to adjust for new...
What’s The Best Way To Insure Your Rental Property, Cottage, or Seasonal Home?
Home insurance is designed to cover your primary residence. The inherent assumption in home insurance is that you’ll be dwelling in the home most of, if not all of the time. That means there will always be someone present to deter theft and other criminal acts, and...
What To Do After A Car Accident
Car accidents can be terrifying, and when you’re scared and adrenaline is coursing through your veins, it might not be easy to think. Reading this will help you know what steps to take after an accident. Fortune favours the prepared, and if you know what you’re doing,...
COVID-19 And Business Interruption: What Is Covered?
A quick disclaimer before we begin. No two insurance policies are exactly the same. When talking about commercial insurance, that’s even more true - there are so many differences between any two businesses, it’s impossible to offer them the same coverage. Business...
Easy Ways To Prevent Water In Your Home
Basement flooding is not a pleasant experience. It can cause a lot of property damage - damage you’ll want to claim for. These claims, and flooding in general, can increase your insurance premiums. In light of this, we want to share some easy ways to prevent water...