Found 2 blog entries tagged as home insurance.

Closing Costs in British Columbia

Closing costs in British Columbia typically include several expenses that home buyers need to pay at the end of the real estate transaction. Some common closing costs in British Columbia may include:

PROPERTY TRANSFER TAX:
This tax is calculated based on the property's purchase price and must be paid when the property title is transferred. 

LEGAL FEES:
You will need to hire a real estate lawyer or notary to handle the closing process, including title searches, document preparation, and transferring funds.

HOME INSPECTION:
It is recommended to have a home inspection conducted before finalizing the purchase to uncover any potential issues with the property.

APPRAISAL FEES:
Your lender may require a…

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Home Insurance Policy

Home insurance seems to be getting costlier every year, with basic premiums continuing to rise as more homes are exposed to added risks attributed to extreme weather events, accidents, vandalism, and outright theft. 

This leaves homeowners in a difficult situation, but there are things that can be done to help ease rising costs. First, examine your current policy and talk to your agent/broker about your coverage and premiums. You might, for example, agree to increase your deductible to decrease premiums. Meanwhile, you may also be eligible for discounts, based on client profiles such as bundled policies (e.g., auto & home), claims history, and payment punctuality.

Other discounts may be available based on steps taken to protect your home from…

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