Posted by: Donnell Insurance | Posted on: March 12th, 2014 | 0 Comments
Education costs have escalated over the past few years. We have been assisting local Burlington students since 2012 in offering a $1,500 Scholarship for their post secondary education. The local high schools must contribute a minimum amount of gently used coats and then they may select two students from that school to be a potential candidate to receive the scholarship. The candidate must be dedicated and enthusiastic about our community.
This year our generous local high schools collected an unbelievable 877 gently used coats that were distributed to the Salvation Army & Compassion Society !!
Kuddos to all those that gave. Stay tuned for our Scholarship Winners that will be announced the first week in June.
For more information, read our bulletin on our work with Coats for Kids! Craig’s Bulletin
Posted by: Donnell Insurance | Posted on: March 5th, 2014 | 0 Comments
As we all know, the world of Insurance is fast paced and always changing. We thought it would be good to update you on some of the new things that are happening in insurance in case they may affect you!
FINES INCREASE FOR DISTRACTED DRIVING
Effective March 18, 2014, Ontario Drivers to face higher fines for distracted driving.
The Ontario Court of Justice will be increasing the set fine to $280.00. Police started issuing tickets in 2010. The set fine was $125 with a $30 surcharge. In March the set fine rises to $225 and the surcharge will increase to $55.
Currently you do not lose demerit points for this infraction.
WINTER WEATHER AFFECTING CLAIMS
There has been a drastic increase this year for claims involving water damage, with
water seepage being the number one cause. Be aware that most property policies DO NOT afford coverage for “water seepage”. Emergency work for these types of claims, which are absorbed by the homeowner, is very costly so preventative measure is your best attack.
We offer these tips:
•check the roof and outside parameters of the home a couple of times a week to monitor snow accumulation
•shovel snow away from basement windows and entryways to avoid water damage and water intrusion; and
•guard against ice damming – when snow from the roof begins to melt, but freezes near the roof’s edge before it can run off, usually caused by warm air leaking from the house into the attic – which prevents water from draining away and can cause water to back up under the shingles and into the home.
SNOWBIRDS BE AWARE
There are stipulations regarding coverage pertaining to water damage. If you are away from your home for more than 4 consecutive days, you must:
a) arrange for a competent person to enter your dwelling each day or
b) shut off the water supply and drain all the pipes
CRACKING DOWN ON INSURANCE FRAUD
The Ontario provincial government has been in the works of making some serious changes to crack down on Insurance Fraud. This is in hopes to reduce the amount the general population pays in premiums every year. The provincial Government introduced the Fighting Fraud and Reducing Insurance Rates Act . Which works towards lowering fraudulent claims (specifically health care related claims).
If you have any questions regarding the information you just read, let us know and contact us!