Vehicle Theft Steadily Increasing Across Canada

According to the Insurance Bureau of Canada, car theft costs Canadians close to $1 billion annually. Insurance companies swallow a large chunk of that, with the cost to fix or replace stolen vehicles estimated at over $500 million annually, for the industry. With car theft on the rise, here are …

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Soft Credit Check: How It Can Benefit Your Insurance Rates

Did you know the biggest insurance discount a person can receive is through having a high credit score? In order to have a high credit score (650+), you need a history of paying your bills on time. According to an Insurance Bureau of Canada report, insurers in Canada have also directly corre…

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5 Reasons Ontarians are Choosing a Modern-day Broker Experience

Having opened its online operation in Canada’s most populous province a shade over two months ago, people in Ontario are seeing the Surex Direct advantage and making the switch to Canada’s fastest growing online insurance brokerage. We can highlight our placing 5th on the 2017 Top 10 Brokera…

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Whistle Blowers Against Canada's Big Banks Begin Testimonies

After a mid-March CBC report triggered nearly 1,000 current and former employees to come forward regarding immoral sales techniques at Canada’s five big banks, whistle blowers against CIBC and TD Bank will testify to the House of Commons finance committee today. According to an Insurance Busines…

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Alberta Braces for June Hail

Lashing winds in Northern and Southern Alberta. Periods of heavy rain in Central Alberta. Large jumps in temperatures throughout the province. The last 7-10 days of May indicate hail could be headed the way of the Wild Rose province in June. What Causes Hail? Weather.com cites a combo…

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Worldwide Cyber Breach Highlights Importance of Insurance Coverage

On the heels of what is being deemed the world’s largest ransomware attack of encrypted data, many businesses – large and small – face uncertainty moving forward. What isn’t uncertain is the need for businesses to have cyber insurance coverage. According to an Insurance Business report, the …

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