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Don’t Wait Until You Have A Claim

Don’t Wait Until You Have A Claim

Don’t wait until you have to make an insurance claim for damaged, lost or stolen property to make a detailed list of your household possessions. The added stress and anxiety of the moment will make it difficult to remember and make a record of all your belongings. Instead, take the time to make a home inventory list now!

Take Inventory of Your Home

Here are some helpful tips:

  1. The most efficient way to make an inventory is to go through your house, room by room. This includes your garage, basement, attic and off-premises storage unit.
  2. Write down what’s in each room. Your list should include:
    • Floor material/window treatments
    • Sporting equipment
    • Furniture/cabinetry
    • Outdoor items
    • Appliances
    • Artwork
    • Computer equipment/electronics
    • Antiques
    • CD/DVD, book collections
    • Jewellery
    • Toys/games
    • Collectibles
    • Contents of your closets, cabinets and drawers

When recording items of value, make sure to include the manufacturer (brand), model and serial number (where applicable), as well as the method of acquisition (i.e., purchased, inherited or received as a gift), date purchased or received and cost or approximate value.

  1. It’s a good idea to take photographs or a video recording of each room, with valuable items prominently displayed.
  2. Attach photocopies of receipts and appraisals for valuable items, as well as of important family documents (e.g., your will and testament, house title and deed, birth certificates, passports, credit card numbers, account numbers) to the list.
  3. Store your list, along with any supporting photographs, video and/or documents, in a fireproof/watertight safe or in a secure place away from home, such as a bank safety deposit box.
  4. Finally, don’t forget to establish a simple method for recording all new major purchases and periodically updating your inventory.

For more information contact your insurance broker at Moller Insurance Ltd. or give us a call at (905) 642-2745.

Source: “Take Inventory of Your Home,”(2016, April 05). Retrieved June 08, 2016, from


Posted in: Home Insurance, Tenants Insurance, Uncategorized

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The Truth About Renters Insurance

The Truth About Renters Insurance

Renters insurance is a form of property coverage that protects a policyholder’s personal belongings within a rental property. When renting an apartment, many tenants wrongly assume that their landlord’s insurance coverage protects them from damages. This is one of the many myths associated with renters insurance—myths that may cause some tenants to avoid coverage altogether.
This can be costly, and it’s important to understand some of basics of a renters insurance policy before making a decision.

4 Myths About Renters Insurance

1. Renters insurance only covers your possessions. Renters insurance typically includes liability protection in addition to standard property coverage. This is important in the event that you are responsible for injury or property damage to others. For instance, if someone slips and sprains his or her ankle at your apartment, you are likely to be protected under a renters insurance policy.
2. It’s unaffordable. In actuality, renters insurance is very affordable for the average tenant. While policy prices will vary, most tenants can receive up to $25,000 of property coverage and $100,000 of liability coverage for about $16 per month. For more savings, some policies offer discounts to those who add renters insurance onto existing coverage.
3. You only need renters insurance if you own a lot of expensive items. Personal property values can add up quickly. To demonstrate this, tenants should take an inventory of their belongings. When you start adding up things like furniture, laptops and televisions, the importance of renters insurance can become a bit more apparent. When considering renters insurance, it’s important to keep in mind that items like collectibles and antiques may be out of the scope of traditional policies and that special coverage may be required.
4. You don’t need renters insurance if your roommate has it. Renters insurance only protects the policyholder’s personal belongings. In the event of a fire of theft, you will have to recoup any losses if you are without some sort of coverage.


Like any insurance policy, it’s important to take your unique situation into account before committing. Contact Moller Insurance Ltd. today for more information.

Posted in: Home Insurance, Insurance, Uncategorized

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Try Our Brand New Quoting Tool TODAY!

Try Our Brand New Quoting Tool TODAY!

You could be 5 minutes away from saving on your insurance!

Getting a single quote for your home or car might seem like a time consuming task. A lot of factors can impact the amount of time it takes to get an insurance quote;for example, how many drivers and vehicles you have of details about the construction of your home. However, has now made it easy to get an insurance proposal in 5 minutes or less.

You now have a choice to complete a general 10-second quote or a more detailed 5 minute quote to see where you can start saving. The detailed quote will give you a more accurate estimate though answering a few simple questions. Your answers will then be run through our 18 contracted insurance companies to determine the company with the best coverage to fit your specific needs.

Moller Quote Tool

Once you’ve completed the session, you are given the option to try an additional quote or send the data you have submitted to our insurance specialists to further assist you with any questions.

When you call, we can also inform you of potential discounts and further saving you may qualify to receive.

Try out our new Quoting Tool today and give us a call! (905) 642-2745


Posted in: Car Insurance, Home Insurance, Insurance, New Features, Tenants Insurance, Uncategorized

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Need To Know! NEW Auto Insurance Changes

Need To Know! NEW Auto Insurance Changes

Ontario’s NEW Auto Insurance Reform

Auto reform changes come into effect this year: the winter tire discount was effective as of January 1st  but most changes come into effect June 1st.

In a nutshell, new regulations include lower accident benefit limits in standard insurance policies, new options to increase coverage, new procedures for payment and a mandatory Winter Tire discount offered by insurance companies across Ontario.

Why does any of this matter?

Car insurance can sometimes come with negative connotation – monthly expenses could be used elsewhere (for that vacation you need, for example). It’s perhaps only at renewal when you might think about the greater issues at play: insurance as a safety net, protecting against risk; insurance as a critical factor in individual and collective welfare. If you, a friend or loved one is involved in an accident, it’s at that point your outlook changes to one of appreciation. What would have happened if a policy hadn’t been in place?

The opportunity with this new set of measures is to step back and reflect on what you really need. Does your employer provide a Group Insurance Plan? Look into what your policy covers… most benefit packages are limited to $500/year per practitioner, which can be exhausted quickly even in cases of minor accidents. If you have children or elderly parents that depend on you, who would care for them if you were injured? If you had to hire someone to carry out household responsibilities, how would you subsidize the expense?

Standard policies are just that – standard. They don’t include benefits like dependent care, which reimburses additional expenses to care for your dependents. While auto insurance products are becoming more affordable for consumers, gaps might exist depending on your lifestyle. The good news is there’s opportunity to fill those gaps by increasing coverage or adding options to cover specific areas of your life. Purchasing appropriate coverage is an investment in your family, your children, your parents… ultimately it’s an investment in your lifestyle. What could be more important?

Watch for awareness mailers from your insurance company, and make sure to talk to your broker at Moller Insurance Ltd. to ensure you have the best possible coverage based on your lifestyle.

The following link contains an introduction video to the changes taking place June 1, 2016.

Posted in: Car Insurance, Insurance, News & Events, Uncategorized

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Car Rental: Decide Before You Drive

 The best time to make the decision about whether you will need extra rental car insurance is before you’re standing at the car rental counter. Read on to learn about car rental insurance considerations and what you need to know to make sure that you’re covered.
What the Rental Car Company Offers


It’s not uncommon for rental car brokerages to offer you the opportunity to purchase additional auto coverages, but do you need them?

  • Collision damage waiver (CDW), or loss damage waiver (LDW), relieves you of financial responsibility if your rental car is damaged or stolen. If you have comprehensive and collision on your own car, you most likely do not need to purchase CDW from the rental car brokerage.
  • Additionally, your credit card company may include some collision and theft protection if the rental car is paid for with your card. This includes coverage for “loss of use,” which refers to the amount of money a rental car company can stand to lose while a car is being repaired. If your credit card doesn’t offer coverage for loss of use, you may want to consider purchasing CDW from the rental brokerage.
  • Liability insurance provides excess liability coverage of up to $1 million for the time you rent a car. If you have adequate liability coverage on your car or an umbrella policy on your home/auto, you may consider forgoing this additional insurance. It is advised that consumers contact their credit card company and car insurance company prior to renting a car. If you are a frequent renter, consider having renters insurance added to your policy.
Auto policy options

 If you don’t have comprehensive and collision coverage on your own car, you will not be covered if your rental car is stolen or if it is damaged in an accident. If you plan to rent a vehicle frequently, your best bargain is to purchase a non-owner auto liability insurance policy from us.

A non-owned auto liability insurance policy covers you for damage that you may cause to someone else’s car and liability for injuries to its occupants, or to pedestrian, in the event of an accident. The policy will also provide medical payments coverage for you and your passengers, and under-insured and uninsured coverage. This pays for the cost of an accident involving a hit-and-run driver or a driver who has little or no insurance.

However, non-owned auto liability insurance does not provide collision coverage. Collision coverage pays for damage to the car you’re driving if you crash into another car or object, or the car rolls over.

If you drive an older vehicle, but plan to rent a luxury vehicle, it’s important to make sure that your policy will cover the complete cost of the replacement value of the vehicle you are renting.

In addition to a non-owned auto insurance policy, an umbrella liability policy is also an option to meet the underlying auto insurance policy requirements when renting a vehicle.

One more thing to note…if you are renting a vehicle that is not classified as passenger car (such as a moving truck, 15-passenger van, etc.), you must purchase a separate policy from the rental company to be covered in that vehicle.Abroad

Renting an auto outside Canada?  

In general, your Canadian auto insurance does not cover you abroad. However, your policy may apply when you drive to countries neighbouring Canada. Check with our brokerage to see if your policy covers you in the United States.

Car rental brokerages overseas usually provide auto insurance, but in some countries, the required coverage is minimal. When renting a car overseas, consider purchasing insurance coverage that is at least equivalent to that which you carry at home.

Also, if you are renting a car abroad, you may need an international driver’s licence.

Need advice on what to do or what your policy covers? Call Moller Insurance today at (905) 642-2745 and we will be happy to assist you!


Moller Insurance Ltd.logo

1-64 Sandiford Drive

Stouffville, ON L4A 7X5

Tel: (905) 642-2745



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Snowmobiles: Moller Has Your Coverage Options

          It’s Time to Hit the Powder!
                                                                            Man Riding a Snowmobile --- Image by © Royalty-Free/Corbis

Snowmobiles can present many hazards to drivers, passengers, other motorists and
property. Before the temperatures cool and you get eager to hop on your snowmobile,
learn more about how you can insure your vehicle and protect yourself and others.

Coverage Basics

A typical snowmobile insurance policy includes the following:

Bodily injury and property damage liability (BI/PD): Covers liability for an accident
involving injury to other people or property, up to your liability limits. If your limits are
100/300/100, no more than $100,000 would be paid per person for bodily injury, no
more than $300,000 would be paid per accident for bodily injury and no more than
$100,000 would be paid per accident for property damage. Consult Moller Insurance
Ltd. to learn more about what limits are right for you.

Comprehensive and collision coverage: Policy pays to replace or repair your
snowmobile if it is stolen or damaged, regardless of who is at fault. You select and pay
a deductible and then the insurance carrier pays the remainder. Collision coverage
applies if you hit a nonliving object or other vehicle. This coverage also pays for
damages caused by events other than collisions, such as fires, theft or vandalism.

Uninsured/underinsured motorist: If you get into an accident with someone who is
uninsured or underinsured and you were not the at-fault party, the policy will pay for
your medical treatment.

Roadside assistance: Policy covers the labour needed for repairs and towing to the
nearest repair facility if your snowmobile is disabled due to:
o Mechanical or electrical breakdown
o Dead battery
o Lockout/lost key
o Insufficient fuel, oil, water or other fluids
o Entrapment in snow, mud, water or sand

Accessory covered: Policy covers items that were not originally manufactured on the
vehicle, altering the appearance or performance of the snowmobile. This may include:
o Electronic equipment and antennas
o Trailers
o Custom paint, engine modifications and suspensions/springs
o Exhausts, racks, saddlebags, hitches, seats/backrests and windshields
o Plow blades or winches

Medical payments


What Adventures Are You Into?
  • Scouring the back country on rugged trails?
  • Nature watching?
  • Skimming fields and ice-covered lakes?

If you and your family love these types of activities,
then you are like many other adventure enthusiasts
who love riding a snowmobile. These vehicles are
great fun, but must be insured so you and your
snowmobile are protected.

Your Risks:

Snowmobiles are primarily used on off-road terrain,
over frozen bodies of water and alongside roads. As a
result, they generally operate at high speeds and are
prone to accidents and theft.
In addition, many snowmobiles are customized, so it is
difficult to establish their value after a loss. Contact
Moller Insurance Ltd. to learn more about your specific
risks and how to protect against them.


Snowmobiling can be dangerous, so don’t take chances with your insurance. Call Moller
Insurance Ltd. today at 905-642-2745 to learn more about all of our insurance solutions for all of
your recreational, home and auto needs.



Moller Insurance Ltd.

64 Sandiford Dr Suite 1

Stouffville, ON L4A 7X5


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Is Using Uber Worth the Risk?

uberRisk Insights: Rideshare Industry

Over the past few years, Uber, a popular ridesharing company, has expanded its operations into a handful of Canadian cities. While drivers and passengers cite ridesharing as a cheaper and more convenient alternative to traditional taxi services, the industry is not without risks.
Before signing up to become a rideshare driver or using the service as a passenger, it is important to understand how ridesharing works and the risks associated with the industry.
How Does Ridesharing Work?
Uber and other rideshare companies connect ride-seekers to drivers through a mobile app. After a match has been made, drivers pick up their passengers and transport them to their desired destinations. Fares vary by city, but typically consist of a base fare and fees per kilometres and minutes driven. Passengers have to enter credit card information into the app before rides can be requested. Their credit cards are then charged for the rides once they reach their destinations, and the rideshare company compensates the drivers. No cash is ever exchanged.
“According to experts, the majority of UberX drivers rely solely on their
personal auto coverage, which, in most cases, won’t protect them from
financial loss in the event of an accident.”
What Happens in the Event of an Accident?
In early 2015, a Toronto UberX driver got into an accident that totalled his vehicle and sent him and his passenger to the hospital. When the driver tried to file a claim, he was told that his insurance had been voided because he was transporting passengers for pay. Meanwhile, Uber’s contingent insurance policy did not apply—forcing him to absorb the cost of his injuries and the cost of damages to his vehicle.
This is just one example of what can happen if you get into an accident as a driver for Uber. Neither Uber’s policy nor your own personal policy can offer sufficient coverage, leaving you without access to accident benefits, collision coverage or third-party liability coverage. These risks are not only a concern for drivers, but for passengers as well.
How to Reduce Your Risk
For passengers, mitigating the risks associated with ridesharing is simple. Before a ride, passengers should ask the rideshare driver to provide proof of commercial insurance, as this is the only type of insurance in Canada that can sufficiently protect you in the event of an accident.
For those considering becoming an UberX driver—or a driver for any other rideshare company—there are a number of precautions you can take to limit your risk, including the following:
  • Obtain commercial coverage.     While this type of insurance is typically more expensive (with an estimated minimum annual premium of $5,000), it’s the only way to guarantee coverage in the event of an accident.
  • Disclose any pertinent information to your insurer.     By letting your insurer know of any changes in how you use your personal vehicle, you will avoid potential fines and gaps in coverage.
  • Wait to become an UberX driver.   Currently, there are limited coverage options for drivers. Until provinces have worked through how to regulate the service from an insurance standpoint, holding off on becoming a driver is the only way to completely mitigate the above risks.
For any questions or more information feel free to contact Moller Insurance at (905) 642-2745 and speak to one of our brokers.


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What do celebrities consider worth insuring?

Daniel CraigClients insure their biggest assets – usually their car or home. But for the world’s most famous and glamorous, what they consider valuable may come as a surprise.

Celebrities depend on their bodies for their income and appeal, so it is only natural that they want to protect that valuable asset. According to Steve Nicastro of NerdWallet, celebrities have insured everything from their legs to their flowing locks.

Here are five of the weirdest celebrity insurance policies:

Dolly Parton: The country singer, songwriter and actress is well-known for her powerful voice, her bright blonde hair and her two ‘biggest’ assets – her famous 40DD breasts – which she first insured in the 1970s for $600,000.

Since then the practice of insuring body parts has become at least a bit more common: Holly Madison and Madonna have had their breasts insured, while Rihanna and Heidi Klum have both insured their legs.

As Parton once told Sunday Magazine: “I’m in showbiz. I look at my boobs like they’re show horses or show dogs. You’ve got to keep them groomed.”

Bruce Springsteen: The New Jersey singer and songwriter, best known for hits like ‘Born in the U.S.A.’ and ‘Born to Run,’ insured his voice with Lloyd’s of London in the 1980s. Springsteen has sold more than 64 million records in the U.S., which makes him the 15th highest-selling artist of all time, according to RIAA.

At age 64, he is still going strong, performing live across the country. If anything were to happen to Springsteen’s voice, he would be set to receive a $6 million payout, according to Time.

Troy Polamalu: The Pittsburgh Steelers’ strong safety is well-known on the football field for both his bone-crushing hits and his long hair, a tribute to his Samoan heritage. Following an endorsement deal with Head and Shoulders shampoo, the company obtained insurance on the eight-time Pro Bowler’s hair for $1 million.

“Head and Shoulders have gone above and beyond by insuring my Samoan locks for a cool $1 million,” said Polamalu. “This reinforces that my full and thick hair is unstoppable.”

Polamalu’s hair is so long that if all his hair was laid end to end, they would span 100 football fields, the company said.

Daniel Craig: The English actor insured his body for $9.5 million while filming ‘Quantum of Solace,’ the 22nd film installment in the James Bond series, according to MSN Money. Since Craig performed most of his own stunts in the film, the insurance policy was taken out for protection against injury.

Craig later starred in his third Bond film, ‘Skyfall,’ which was released in 2012, and has committed to at least two more movies in the series.

Julia Roberts: Roberts is one of the highest-paid actresses in the world, commanding $25 million per film for most of her career. She has been named to People magazine’s ‘50 Most Beautiful People in the World’ 11 times, and in 2011 she made it onto Men’s Health’s ‘The 100 Hottest Women of All Time.’

Hoping that neither her star nor her dazzling smile would soon fade, the Academy Award-winner insured her teeth for $30 million

Steve Nicastro is a financial writer for, where he covers topics such as investing, credit cards, mortgages and insurance.

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