• Is there an advantage to having my home and auto insurance with the same company?
• I rent an apartment, but my landlord's insurance will cover my belongings, right?
• Why is the premium for my Sea-Doo so high?
• I've read a lot in the press lately about rising premiums. What's the scoop, and what can I do to control my insurance costs?

Is there an advantage to having my home and auto insurance with the same company?
Yes, many insurance companies will offer multi-policy discounts if they insure both your home and auto.

I rent an apartment, but my landlord's insurance will cover my belongings, right?
Incorrect; as a tenant, you are responsible for insuring your own belongings. Tenant's Insurance is not expensive, and should definitely be considered if you rent. As well, many leases specifically require tenants to carry insurance.

Why is the premium for my Sea-Doo so high?
If you have home or tenants insurance, you can extend your current liability coverage to include the operation of a Sea-Doo or other personal watercraft. You could also add the Sea-Doo to a "Watercraft Floater", which can include physical damage coverage to the vehicle as well. Some insurers do not wish to insure a Sea-Doo, because of the risk involved. The high speeds which these watercraft are capable of, and the young age of many of the operators, leads to a large number of bodily injury accidents. Due to this, if an insurer does agree to cover a Sea-Doo, the premium will be high, and details of all operators will be required.

I've read a lot in the press lately about rising premiums. What's the scoop, and what can I do to control my insurance costs?
Premium increases are a concern to both consumers and the insurance industry. Costs for coverage, however, are directly related to claim payouts, and the risk levels associated with a particular type of coverage. We have a special page dedicated to this topic, with information on why premiums have risen, what the industry is doing to control costs, and what you can do to control your premium costs.