How insurance companies make money

While the premiums policyholders pay are primarily how insurance companies make money, this is just the starting point of the business model. After all, insurance companies have to make enough money to offset claim payments.

Things you can claim (but maybe thought you couldn’t) on your home insurance policy

Red wine spills. Frozen food spoilage. Freak thunderstorms that ruin your furniture. There’s a claim for that.

Prenups get a bad rap. Here’s why they shouldn’t

A prenup is like insurance for your marriage. You don't get it because you think your love won't survive, you get it just in case. 

A look at the rebates available for electric vehicles in Canada

Electric vehicles are lauded as the way of the future. But are government credits going to help us get over the finish line?

Interest in EVs declining as concerns grow about cost and charging infrastructure

Can you share renters insurance with a roommate?

This article has been updated from a previous version. 

How insurance works for self-storage units

Picture this: You’re moving south of the border to start an exciting, new job. But while you figure out the logistics of your move, and what you may or may not need in your new home, what about your belongings?  

Should you get your car serviced at an auto shop or a dealership?

We asked some experts about where you should take your car to get it fixed.

What is a heat pump and how does it work?

3 things you can expect to spend more money on in 2024

This article has been updated from a previous version. 

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