Tenant Insurance in BC

Everything You Need to Know

Nearly one-third of BC residents call a rental suite or property home. A benefit of renting a home instead of buying is most home maintenance issues and tasks are part of the monthly rent. And, in the event of a fire, flood or other types of building damage, tenant can rest assured the property owner's home insurance policy will cover repairs to the building.

However, a property owner's insurance policy will not cover damages to a tenant's belongings, personal safety or other financial considerations. Instead, renters need a tenant insurance policy to get compensated for damages caused by an accident or catastrophe at their residence. 

Plus, if a tenant is found responsible for damaging their rental property, such as causing a fire, and is without tenant liability insurance, they can be on the hook for extensive repair costs. 

Tenant insurance is important, and in this article, we will explain what tenant insurance is, why it's essential for BC renters, and some guidance on how to get a renters insurance plan.

topics of discussion

• What is tenant insurance?

• Is tenant insurance required in British Columbia?

• Four unexpected benefits of renters insurance in BC

• Types of tenant insurance

• How much does tenant insurance cost in BC?

• Tips to decrease your renter’s insurance premiums.

• Where to purchase a tenant insurance policy

What is Tenant Insurance?

Tenant Insurance is a type of insurance designed to protect personal property and personal safety of people who live in rental homes. 

It can also include safeguards to protect tenants against potential liability claims if they accidentally cause damage or harm to the rental property. 

A Simple Case for tenant Insurance

For instance, let's suppose a renter's young child turns on the bathtub faucet before the family leaves for the day. This causes the tub to overflow, damage the bathroom and eventually leak water into the unit below. 

The tenant who rents the unit where the child caused the leak would be held responsible for the damages to the building. Suppose they do not have renters liability insurance. In that case, they will have to pay out of pocket to cover the costs of those repairs, which could be a significant amount.

Additionally, suppose water from the overflowing bathtub damages any belongings of the tenant below them. In that case, the child's parents may need to compensate those tenant for replacing the damaged property. 

However, if the tenant responsible for the water damage has a comprehensive insurance policy, their insurance company may protect them. They may cover the costs of remediating the water damage and replacing their neighbours' damaged property, saving them thousands of dollars and undue financial hardship. 

Reasons for Carrying Rental Insurance

The above-leaking bathtub scenario won't happen to everyone. However, tenant insurance comes in handy in many other, less severe situations. 

Common examples of where tenant insurance comes in handy include the following:

• Repair or replace property damaged by flood, fire or rodent activity.

• Protect valuables and investment assets, such as jewellery or art.

• Replacement of belongings in the event of a break-in.

• Liability coverage in case of a personal injury or property damage.

• May cover additional expenses of living elsewhere while not able to live at the rental unit.

Is Tenant Insurance Required in British Columbia?

In British Columbia, tenant or renters insurance is not mandatory by law. 

However, an increasing number of landlords and property management companies in BC require renters to carry tenant insurance as a lease condition. Those who don't can quickly find their property and tenant in financially tricky situations.

Even though it's not mandatory, tenant insurance is a good idea. Renters should prioritize rental insurance premiums as they would other essential monthly living expenses such as their utilities or internet/cable services. 

Without rental insurance, tenant are exposed to great financial risk and potential unforeseen losses. 

Four Unexpected Benefits of Renters Insurance in BC

Alternate Accommodation Costs

If your rental property suddenly becomes unlivable, you may require alternate housing while the problems are being resolved. And, you may find yourself in a hotel or alternate living space for an extended period if the extent of the remediation requirements is extensive. 

Shockingly, in BC, there are very few instances where a landlord is required to source alternate accommodations for their tenant if their unit becomes unlivable.

Having renters insurance can help protect you financially if you find yourself suddenly displaced from your home due to fire, flood, natural disasters, or other causes of severe damage.

Going on Vacation?

If you happen to accidentally damage the vacation property you're renting, you can rely on your rental insurance's personal liability policy to potentially help cover your costs and responsibilities.

Bicycle and Storage Insurance

Cycling is a popular activity and commuting choice for many BC residents. With a comprehensive policy, you can schedule your bicycle onto your tenant insurance policy should it be higher than the insurer’s limitation. Where the bicycle is kept or how it is stored is dependent on each insurer. 

Cash Settlement Options

Tenant insurance policies purchased from Maxxam Insurance and insured through their Tenant Insurance provider, allow renters flexibility regarding compensation for insured property. For instance and for example, if there's a break-in at your rental home and several items are damaged, you can select a cash settlement instead of having the damaged items repaired.

Common Types of tenant Insurance

In BC, renters can purchase multiple types of tenant insurance options to safeguard their possessions and financial security. The most common types sold by insurance brokers include the following coverage solutions:

• Personal property. This will cover personal property and belongings should they become damaged, destroyed, or stolen from your rental home.

• Liability. This will protect you from financial hardship if you are found to be at fault for damaging your rental property, the building, or your neighbour's belongings.

• Sewer Backup. Water damage is a top reason for home and property insurance claims. Unless a sewer backup clause is included in your rental insurance policy, you may be at a loss if your rental home's sewer backs up.

• Earthquake Insurance. Most BC residents live in an earthquake zone. Earthquake insurance will help cover the repair and replacement of your belongings if damaged by an earthquake or seismic event.

How Much Does Tenant Insurance Cost in BC?

Tenant insurance rates vary from policy to policy for a number of reasons. The best way to determine the price you should pay for a comprehensive plan is to talk to an insurance broker licensed by the Insurance Council of BC with experience in writing renters insurance policies.

What factors affect tenant insurance rates?

Rental or tenant insurance can be tailored to your individual needs and is generally based on the following factors:

• Property type. Are you renting a house, apartment, condo, townhouse or rural property?

• Value of assets. How much property you own and the amount it's worth will impact your insurance policy price.

• The number of occupants. How many people will live with you in your rental home? Are they your dependents or roommates with their own insurance plans?

• Liability Coverage Choice. The recommended amount of personal liability coverage varies based on numerous factors; however, it can range anywhere from $500 thousand to several million dollars.

• Location. What city and neighbourhood you live in will impact the price of your rental insurance plan.

• History of Claims. Renters who have made claims in the past may have to pay higher insurance premiums than those who have never made a claim. Conversely, those with an established history of carrying continuous rental insurance without any claims will likely be offered better rates.

• Exposure to Risk. How easily your rental unit and property can be put at risk will factor into your policy price. For instance, a ground-floor apartment with patio door access to a street may have higher premiums than an eighth-floor apartment with biometric security controls in the building's elevator.

Tips to Decrease Your Tenant Insurance Premiums

As with all insurance policies, including auto, business or life insurance, there are things you can do to help lower your annual premiums. 

The best way to get the best possible price on rental insurance without sacrificing coverage options is to shop around and speak to tenant insurance experts. However, that’s not the only thing you can do for a great priced policy. 

Below are some tips to increase your safety as well as measures that may help to mitigate risk and also could potentially provide lower insurance rates dependent on the insurer.

Invest in Security & Surveillance Measures

Installing security measures cameras around your property's access points can help prevent robbers from breaking and entering your home. Examples of helpful security tools for a rental property can include:

• Doorbell camera

• Wifi locks

• Surveillance cameras for doors and windows

• Monitored Burglary Alarms

Choose a Safe Neighbourhood

Crime rates in the neighborhood you live in can impact rental insurance rates. If possible, move to the safest location you can comfortably afford to live.

Choose a Secure Home or Building

If you rent a unit in an apartment building or condominium complex, try to choose one with security measures such as security doors, hallway surveillance cameras and controlled elevator access controls. This will help reduce the risk of your home being broken into or vandalized.

Increase Your Deductible

Increasing your deductible helps lower the insurance premiums of many types of insurance, including tenant insurance. Consider increasing your deductible for potential savings.

Where to Purchase a Renters Insurance Policy in BC?

Renters insurance can be purchased from a private insurance broker or company located anywhere in British Columbia. To get the best tenant insurance policy in BC, it's important to find an experienced and licensed broker. 

Places to source an insurance plan for your tenant insurance policy include:

• Insurance broker

• Autoplan Agency

At Maxxam Insurance, we offer comprehensive tenant insurance plans for all types of tenant and rental properties. We're proud to call BC home and work-hard to care for our community and clients.

With Maxxam Insurance as your rental insurance provider, you can trust that we'll customise a personalized policy that meets your unique needs, budget and circumstances. Plus, you can have the confidence that we'll be there for you with a 24hr claims line. 

Feel Secure with Tenant Insurance from Maxxam Insurance

If you're a tenant in BC, it's essential to protect yourself from financial losses and legal liabilities as well as safeguard your personal belongings. By carrying tenant insurance, you can rest assured that your home and your possessions are protected against the risks of everyday life.

To get started on a rental insurance quote, or have other insurance questions answered, reach out to our experienced and helpful insurance brokers today. We're happy to help you understand your coverage needs and determine what policy type will serve you best!

Find an insurance broker nearest you for a quote!

Distance-based Discount

Distance-based discount​​

​​ICBC is introducing a new distance-based discount in 2023, as they begin to offer more usage-based insurance. If you drive less than 10,000 kilometers in a year, submit your odometer reading to potentially get a discount on your ICBC optional insurance next year.​

​About the discount​

You may be eligible for the discount if you:  

• Drive less than 10,000 kilometers per year 

• Provide two odometer readings a year apart, as proof of your driving distance 

• Have a 12-month Autoplan policy with ICBC optional coverage 

• Have a vehicle within an eligible rate class. Although most vehicles are eligible for this discount, some are not, such as motorcycles, motorhomes and collector vehicles. Talk to an Autoplan broker to find out if your vehicle is eligible. 

The qualifying period for the distance-based discount starts when you provide the first vehicle odometer reading at your annual renewal or when you purchase a new policy. In a year's time, at your next renewal, the odometer reading will need to be provided again to determine if the vehicle was driven less than 10,000 kilometers during the year.  

If you're eligible, a discount ranging between 5 ​and 15 percent will then be applied to select ICBC optional coverages on your renewed policy. The less you drive, the greater the discount. If you drove your vehicle more than 10,000 kilometers in the prior 12 months, you won't be eligible for a discount (but you won't be charged more for driving more either). 

The distance-based discount is different from our existing low-kilometer discount, which is for vehicles driven less than 5,000 kilometers in a year and applied to your Basic insurance and Extended Third Party Liability​​ and Collision coverage, if you have it. If you're already eligible for the low-kilometer discount, you'll likely be eligible for the distance-based discount as well, since they may apply to different coverages and may be higher.​

​​​How to submit your odometer reading

No matter how much you expect to drive over your 12-month policy term, you can submit your odometer reading. This means you'll have the first piece of proof on file when the discount comes into effect in 2023, should you drive less than 10,000 kilometers over that period. 

You can submit your odometer reading:  

• When you purchase a new policy 

• When you renew your po​licy online, at an Autoplan broker's office or by phone or email

If you were unable to provide the reading when you purchased or renewed your policy, you can submit it online​ or through your broker any time in your policy term. However, to be eligible for the new discount, proof of your odometer reading must be dated no earlier than seven days before the date you renewed or purchased your current policy and no later than seven days after that same date. ​

Expanding usage-based insurance at ICBC

​Usage-based insurance is vehicle insurance that's priced based on individual driver behaviors. Some of this insurance tracks distances driven, while other usage-based insurance, for example, tracks speed and braking with devices or smartphone apps. This customized approach gives customers more control over their premium costs and has already been implemented in countries around the world, as well as in some Canadian provinces. 

We've been hearing from our customers that they're interested in the flexibility provided by usage-based options, like the low-kilometer discount we introduced in 2019. Now, we're working on bringing more of these products and discounts to you in the years ahead, starting with the distance-based discount launching in 2023. We expect that approximately 40 percent​ of customers with vehicles in eligible rate classes will qualify for this discount. 

ICBC's Techpilot project

​As part of our research into usage-based insurance, we created the Techpilot project to learn more about using telematics technology to make driving safer. Techpilot recruited drivers with less than five years of driving experience and asked them to drive with a device that provided feedback on their driving behaviors. 

Explore the Techpilot project and its encouraging results.​

Odome​ter readings and your privacy

​Your odometer readings are submitted to ICBC and stored within Canada, in compliance with our Privacy statement.

These readings do not contain any personally identifying information, so providing them does not pose an increase​​d risk to your privacy. 

Best of the WestShore Awards

Maxxam Insurance Services has been voted the Best of the WestShore for 6 years in a row (and counting…) ! We have come a long way since we first opened in 2007, but our dedication to the utmost best customer service and rates in the industry has never changed. We are open after regular business hours, and we treat our clients like friends and family — because we recognize that they are busy individuals that deserve the best customer service. In addition to our commitment to customer satisfaction, we are also deeply involved in great causes such as fighting cancer and supporting children in our communities with sporting events and competitions.

Pictured here: Don McCormick, Arynn Chelkowski, Shawn McHattie, Lionel Polard, and Bill Rai

Here are the reasons why so many people love Maxxam Insurance…

Best of the WestShore Award 2016

CUSTOMERS WALK OUT WITH SMILES ON THEIR FACES

We see our customers as friends and family and never consider them as a number. Over the past years our competitors have transitioned to automation and have created a system where clients are just a number and insurance a process. But at Maxxam Insurance we consider insurance as a service instead of as a process. Our success formula doesn’t happen without being community focused, investing in training and working with honesty and integrity. Our staff ranges in age from 20 to 70, from new agents to seasoned professionals with years of experience. Our new staff have a stairway to succeed and grow at Maxxam Insurance and our seasoned staff are these with experience and mentorship to make sure that this happens.

At Maxxam Insurance, all our customers receive first-class service every time they walk into our office. Every customer is precious and valuable. Like friends and family, our customers walk out of our office with smiles on their faces, a feeling of confidence, and the knowledge that their insurance needs have been looked after. Developing long-term relationships and putting smiles on faces are reasons why our customers have voted Maxxam Insurance as “Best Insurance” over and over again.

Best of the WestShore Award Gala

WE SUPPORT GREAT CAUSES

At Maxxam Insurance we care much more than just insurance — we are also committed to making the world a better place. Some charity events we have supported in the past 2 years include:

• BC Cancer Society (Maxxam Tournament) Donations via our corp tournament

• Cops for Cancer Gala

• Cowichan Valley Minor Hockey every year

• Golf for Kids

• BC Boxing Association

WE CONTINUE TO PIVOT AND GROW ALL THE TIME

Our corporate office in Victoria has blossomed into a one-stop shop that customers love — offering Employee Services, Injury Management, Mortgages, Real Estate, City Kinect, and more! To continue supporting our loyal customers, we keep growing our services in different locations. Maxxam Insurance currently offer services in Victoria, Burnaby, Nanaimo, and Penticton which just opened on June 1st, 2021! By choosing Maxxam, you can rest assured that your insurance have been taken care of by our award-winning insurance agents.

Ukrainian Family in Need | Sooke, BC

Maxxam Insurance is asking for your help to support a young Ukrainian Family settling in Sooke, BC.

Here is Nataliia’s story, she is the mother of 13 year old Sophiia and 8 year Andrii.

E-Transfer donations to, email: UkraineSooke@gmail.com

They will be starting school and looking for work here. They have left their husband/father and family behind with much uncertainty of what the future holds. We are reaching out as a community for clothing donations, gift certificates or cash to assist in the transition.

Clothing Sizes:

- Nataliia: Large

- Sophiia: XS

- Andrii: Size 8-10

Email: UkraineSooke@gmail.com

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Life changes in an instant.

That's what happened to my family. On that terrible night when the war in Ukraine began at 5:00 am on February 24, 2022. When we woke up in the morning, the children had to go to school, and my friend called and said: "The war has started, I do not let children into school, I do not know what to do next." These words led me to shock and stupor, the first thought was true, but what should I do? I clearly understood the need to protect and preserve the lives of my children.

War is a terrible thing, it becomes ruthless both to enemies and to itself. At first you perceive information as if everything is happening in a Hollywood movie but not with you, you live, breathe but no longer control your life, war dictates the rules.

Like most mothers, my instinct for self-preservation worked, but where to take the children to save their lives, to protect them from the darkness that was coming over Ukraine more and more every minute. But the first thing I did was go with my husband to the store and buy products just in case, and then only uncertainty. People ran to the grocery stores and, because of their abilities, bought what they saw.

Where is the safe place now?

When the first explosions took place in Kyiv, our very close relatives left it an hour and a half later, took my mother and all four of them came to us at 12:30. We were already in Vinnytsia region. On the day of the beginning of the war, my aunt Valya was born and on her birthday we greeted her on our doorstep. But they were lucky to be one of the first when it was less or less free on the roads, but it was not so with everyone, Kyiv was crowded, people went where they saw, who had gasoline, he drove to the end, and then just walked on, left the car only the most expensive children and pets.

I tried to call all my relatives and friends and find out how they are alive and how I can help. Truth be told, look at your phone, incoming in 3 days will show who is your true friend. And in fact the list has been greatly reduced. But despite this, you begin to turn to your family, distant relationships become the closest, relatives with whom you have not communicated for a long time today are the most important people in your life. It seems to me that the war has brought family relationships closer to many families, today it is an ode to the small advantages of the war in my eyes.

My nephew and his daughter Sofiyka also lived in Kyiv, and it was not so easy for them to leave. Their life was bustling, good work, new apartment, repairs just finished with the last money, and here is the war, how to go and leave everything to do, father alone (the woman refused the right to call herself mother). They waited until the evening, so the road was much harder and longer, the 4-hour journey stretched for 10. Exhausted and confused, they also came to Ilyinka and came to see us for an hour just to see each other, and Sofiyka had her 5th birthday. All the gifts remained in Kyiv and the princess's holiday cake. I'm ashamed to admit, I didn't know about my birthday, and I saw Sofiyka for the first time, so I wasn't ready and it still upsets me. Family ties are very weak, everyone is obsessed with their problems and their lives, but the war has changed that.

And so two days, two birthdays, one question - how to proceed? Eyes full of tears, shock, cry of the soul, sleepless nights due to constant sirens of anxiety. Dressed children are already asleep in the bathroom the third day is gone.

Dima, another nephew of mine, went to war today. Protect us from death, from an incomprehensible war, and its main causes. Honestly, today I do not understand the reasons for this war. Deep down, of course, yes, but the head does not fit all this - why.

Helicopters fly overhead, sirens sound every two hours, children cry through their sleep and shudder. Territorial defense has been organized in the center of the city, school buses with conscripts are constantly leaving the military registration and enlistment office, and they look like children, their hearts are pounding. At night, a military unit arrived for redeployment, and I had the honor of meeting them remotely. The soldiers who had just been called up from their cozy homes left everything and went to protect us.

The city became not mine, strangers everywhere, many refugees came from cities that were directly under fire, people, children, dogs, everyone was shocked and hopeless. We weren't ready for that at all. There are no bomb shelters, and the basements are not ready for use, and whether they are safe and whether they will get you out of the rubble if the panel house crumbles like a card.

Day after day, the situation heated up, it became known about even more shelling, began to bomb not only airports and shelters, but also the homes of civilians. When children began to die, my heart was broken, for me children are the most important thing and it doesn't matter whose they are. Many acquaintances went abroad, some to relatives, and some just where the eyes saw. Sasha, my husband, made me gather the necessary things and all the willpower in my fist. The decision was made, he will take us to the border, make sure we are safe and return to protect our home.

It seems like just packing backpacks with what your kids need until you come across it. To be honest, I found a memo on the Internet and collected things around the clock. But it is an indescribable pity to leave our native walls, each dent has its own history.

It is harder to leave my mother and aunt Galya - these are the most important people in my life together with Sasha, my husband and children. Sofia is 13 years old, Andriy is 8 years old. Our "Family king spits UA" are three beautiful dogs without which life is not so bright if you do not lick these paws.

We said goodbye to everyone, left the dogs to my mother so that the separation was not so difficult and they were all waiting for us at home. The only thing on my mind is that we will see each other and I can't let go of my arms as I hug her. You can't cry, children are watching and the soul is torn to pieces. My mother was born in 1949, she was a volunteer in the war in Afghanistan, so she knows that something irreparable can happen and supports Sasha's decision to take us to safety.

When they got in the car, they had no idea where to go. The plan was just to the border, and there with God's help. We chose the road through Chernivtsi to Romania, this road is the least congested, the majority of people went to Lviv and then to Poland. There was not enough petrol in one direction, we left.

On the way there was a plan to stay with my cousin for one night and cross the border on foot in the morning. Valery Feodosiyovych met us with a sincere desire to help and a military charter. The plan to stay overnight turned into something else. His words were prophetic: "You didn't just come here, it had to happen in your life."

Now we are visiting and I am 34, again a birthday and a war in parallel. And I'm just reading the news: losses, explosions, deaths, destruction, poverty, food shortages and cold. When I was greeted that day, I felt ashamed that I was alive and had something to eat, and other people didn't. I was afraid to feel happy.

Against the background of great stress, we all got sick on the way, the children had a high temperature, and on arrival Sasha and I had a temperature of 40, lack of sense of reality and such a heavy weight. This delayed our departure, I think fate intervened. I don't remember those days well, everything was in a fog. Nobody canceled my mother's work, breakfast, lunch, dinner…

Valery Feodosiyovych, he left us until the end of the war, we had no resistance. Everyone believed that the war would end one of these days. The days went by and the situation only heated up first Bucha then Mariupol and a huge number of losses. Dead soldiers began to be brought to Ilyinka to say goodbye and bury them with honor. These were people I knew who lived nearby. A son and son-in-law were brought to the same family, an indescribable loss. Eternal memory to the HEROES.

After Dima went to war, my day begins with a message to him, although I do not know how to write correctly, which words will be successful, and when I see that he at least looked - it gives me hope that he will return alive because home he is waiting for a beautiful daughter who is 10 months old Anna and a loving wife and we are his family.

Friends and their children traveled to different countries in the Czech Republic, Poland, Italy, Finland and Germany. But I did not feel that I was dear there, I was looking for my way. The news reads that Canada invites, simplifies entry rules for Ukrainians, and most importantly gives permission to work, not refugee status. For me, this was the most important reason for choosing a country. I want to work to provide for my children.

Sasha found out the site and filled out the questionnaires for us, I was shocked at the time, I still couldn't believe it, so far from home. She began to study new information and rules. She found the Ukraine-Canada groups on Facebook, but after reading the posts of Ukrainians she was even more shocked. Everyone writes that you do not need to come here, it is very difficult, you will not find a job without perfect knowledge of the language, you will not feed the family for the pennies you will earn, especially a woman with children, there are no options, stay at home, you have no way here . Although at the same time I see that the whole world is for Ukraine, holding rallies and fairs in support of the military.

Almost all nations support us, want to help, and it gives me a bright hope that there will be a way out for my family. In Ukraine, meanwhile, Russia is dropping phosphorus bombs in the east, seizing nuclear reactors at Chernobyl, and preventing the extinguishing of fires in Zaporizhia at a nuclear power plant. And before you again is the question of whether to stay with children in Ukraine or move on.

I received an email in the mail, my application is being considered for biometric data, I am terribly confused with the children alone to go on such a long journey. But my friend Olga always repeats one phrase: "you can master the road by walking." Accidentally found a link to the site "I can help" it gave me hope.

My friend Luda and her daughter Masha also decided to change their lives with me and decided to change their lives, we decided to go this way together.

On March 19, 2022, at 11:32, I wrote to Annie-Maria Smith. It changed my life.

I believed that there are still good people in the world who selflessly and without condemnation want to help, support with words and inspire hope in my heart. I felt her warmth and love, the light radiated by Anna-Maria is visible overseas and I feel it on my palms in Ukraine. I believed that I could go this way only with her support, our communication lasted every day. Although I do not know the language and we communicate with the help of an interpreter.

After that day, my life began to take on bright colors. I did not specify, there should be 5 of us, Sofia, Andrew, Luda and Masha. In fact, to subscribe to this requires a lot of courage and a huge heart of kindness, generosity and love. I will be infinitely grateful for this for the rest of my life.

It seems to me that after our acquaintance miracles began to happen every day. We went through biometrics in Moldova with Luda, despite the fact that the temperature in the yard was sub-zero and we stood in line from 2:45 am to 4:10 am, but we were happy to do so. This was the second important step before meeting Anna-Maria. And with each passing day, these steps became more and more, and on my way began to meet more and more good people. No wonder they say: "good attracts good" is really true. After submitting the biometric data, you need to go to Moldova twice more and hand in and then pick up your visa passports in a week. The work was almost done, to go for a passport tomorrow, and how to get there, thousands of kilometers ahead.

Go to Facebook in the morning, and there is the first message: "I saw in another group there are three free tickets to Vancouver, maybe someone will be lucky." I have square eyes, my hands are shaking but I am writing. I turned to the administrator of the group Natalia Maczka, an incredible woman, she answered very quickly and accepted my request. Her eyes were full of tears of joy and I felt that she had taken on my burden. A low bow for the good people do for strangers. She didn't ask for anything, she just did the job she could, and she knows how to do it perfectly. Bring together people who need help and people who want to help. I flew once many years ago and children who will see for the first time a live plane, three backpacks and two small suitcases. We did not know what lay ahead.

I received my passport with visas on Wednesday, departure from Rome to Vancouver on Tuesday, and I still need to get there from Ukraine. Natalia found a way out of the situation. Tickets from Romania to Rome were bought by the sensitive and friendly Lana Mariya, she took care of us throughout the trip, thank you very much.

The route is paved, the goal is to protect children from war. It doesn't matter how hard it will be and how much it will cost.

The journey begins.

Sunday 10:00 am 17.04.2022 departure Chernivtsi - Suceava Romania.

Carriers from Chernivtsi brought us to the border, we crossed the border on foot, the welcoming party was very friendly, which surprised us very much. Many police and all coordinate refugees from Ukraine, volunteers. We were taken to a carrier who was already waiting for us to take us to the train station. He helped to buy tickets to Cluj-Napoca, tickets for Ukrainians are free, it was very nice. Andrew was delighted - it was the first train journey in his life. But he will have a lot ahead of him for the first time. We were fed by volunteers in Suceava and Cluj-Napoca upon arrival. At 01:00 we took a taxi to a small hotel near the airport. It was a clean bright room where we spent a night and a half waiting for our plane.

Monday 19:10 18.04.2022 landing on the flight Cluj-Napoca Rome.

We arrived in Rome very quickly, the children had a good flight. Thanks to the impeccable work of Natalia, our coordinator. We were already greeted by a family of Italians who hospitably invited us to spend the night and pick them up from the airport. We are very grateful to Alessandro and his wife for the warm welcome, invaluable help and pleasant conversation over dinner.

Tuesday 10:30 19.04.2022 Italy Rome airport

New impressions and new acquaintances again. We were approached by a man with a good smile and a whole suitcase of gifts Peter Denys, our Superman! And it really is. He came to Rome from Quebec for us, accompanied and supported us, helped me every minute, and the road was no longer so terrible when there was a man nearby who was oriented in everything.

Toronto, migration service, long waits of almost 4 hours, experiences, we are almost late for the last plane to Vancouver, but God is in heaven and protects us, I know for sure, we are on a plane and have a little way to go to the long-awaited meeting.

Wednesday, April 20, 2022 Vancouver, transfer to the island by ferry

Thanks to a large support army, Anna-Maria arranged for a hotel in Vancouver, which was also paid for by good people. I don't know their name, but thank you very much, it was incredibly nice for me and I really needed a rest. But this is not the end of my long story. Jey was waiting for us near the hotel, he took us to the ferry and paid for the tickets to Victoria, another selfless act of kindness.

A low bow to everyone who helped, in word, deed, money, time, support, faith. I will not forget this kindness and I will do my best to thank everyone as much as possible. I wish you and your families to be healthy, to smile on the new day and rejoice in the achievements of your children, infinite happiness, luck and peace of mind.

And Elden is waiting for us with flowers and a sincere smile. New home, new adventures and achievements. Anna-Maria opens the door of the house and says: "Welcome home, you are safe"! Tears of joy and a sense of comfort, a lot of gifts for everyone, a sense of gratitude overflows. Thank you for changing our lives, making us believe in the best, giving us hope and love.

Our story does not end, do not judge.                                       

strictly translated by a translator, but written from the heart.

Registration & Insurance for Your Out of Province Vehicle

Welcome to British Columbia!

and the world of ICBC Insurance…

ICBC’s Autoplan insurance products and services are available through more than 900 independent brokers (like us at Maxxam). ICBC’s driver licensing services are available through approximately 120 different offices, including expressways, Service BC centers and, appointed agency offices throughout B.C. However, in regards to your insurance needs - we’re bias… Maxxam is the best.

ICBC Autoplan made easy for out-of-province customers.

How long can you use your out of country or province driver's license?

• If you are now a new resident of B.C., you can use your valid driver's license from another province or country for up to 90 days. If you're a tourist, you can drive in B.C. for up to six months as long as you have a valid driver's license from outside B.C.

• Non-resident drivers, such as tourists and short-term workers, are able to drive in B.C. using their valid out-of-province driver's license for up to six months from the date they last entered the province. The six-month time period applies to all non-resident drivers, including those who may also have an international driving permit.

• ICBC is unable to issue a driver's license to a non-BC resident.  These customers should be directed to their home jurisdiction for any driver licensing needs, such as obtaining a renewal or replacement.

For more information regarding your driver’s license, please see icbc.com.

Here is B.C. we have an L (Learners), an N (NOVIS), and a full-license criteria.

How do you register and insure your vehicle?

If you move here with a vehicle (or if you're a returning B.C. resident), you need to register, license and insure the vehicle within 30 days of arriving. If you're driving a commercial motor vehicle, it must be registered, licensed and insured in B.C. immediately.

Passenger vehicles and most other vehicles will need to pass a mechanical safety inspection at a B.C. designated inspection facility before they can be registered, licensed and insured. These facilities are listed at th.gov.bc.ca/cvse.

When your vehicle has passed the inspection, bring the vehicle, the inspection report and the Vehicle Registration to us to register, license and insure it. You'll need to hand in your out-of-province plates (or send them back to your province). Make sure you bring valid primary ID and one piece of secondary ID. Go to icbc.com/accepted-ID to confirm acceptable ID.

If you're bringing a vehicle to B.C. from Alberta, Saskatchewan, or Manitoba… YOU MAY QUALIFY FOR AN EXEMPTION FROM A PROVINCIAL INSPECTION.

The vehicle owner must be:

• a new or returning to B.C. resident, and

• the same owner(s) in the previous jurisdiction making the application for registration in B.C.

The vehicle must have:

• been registered in Alberta, Saskatchewan or Manitoba immediately prior to being imported to B.C. and

• privately owned or leased by an individual(s) and not a company.

Any of the following vehicle must be 3,500 kg or less:

• passenger vehicle

• commercial vehicle or

• motorhome

The model year of the vehicle must be either:

• four years old (current year inclusive) or less; for example in 2018, vehicle model released in 2018 (year 1), 2017 (year 2), 2016 (year 3), 2015 (year 4), or

• five years old or more and must have passed a provincial vehicle safety inspection in the previous jurisdiction within the last 90 days.

Vehicles not eligible for this exemption:

• Vehicles with a salvage, rebuilt, or altered status on the Interprovincial Record Exchange or supporting documents

• Vehicles owned or leased by a company or organization.

Contact us directly for more information whether your vehicle is exempt or not!

Do you need to pay tax when you register?

When you register your vehicle you will need to complete a Transfer/Tax form (APV9T) which is available at any Autoplan broker. Provincial sales tax (PST @ 12%) is payable at the time of registration, unless an exemption applies. If you are a new resident to B.C. and you bring a vehicle into the province solely for non-business use, the vehicle is exempt from PST provided that:

• the vehicle arrives in B.C. within one year of you becoming a resident of the province, and

• you owned the vehicle for at least 30 days before you became a resident of B.C.

Customers who don't qualify for the settler's effects exemption must pay PST on either

• the vehicle's depreciated value, or

• 50 per cent of its purchase price whichever amount is greater.

• UNLESS, you have a hybrid or fully-electric vehicle. No tax is collected as of Feb. 23rd, 2022 - see our blog post on this here.

In conclussion…

An out-of-province (or country) transfer can seem daunting, but realistically if you have all of the required documentation - it’s quick and easy with us at Maxxam Insurance. Our approach has always been to educate the insured on all of the options available to them. If you have questions regarding your registration and/or insurance, please contact us today!

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See how much or little ICBC Autoplan insurance is compared to where you’re coming from.

Note, the myth is true! We have private insurance options here… Ask us how.

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Tips for Savings on Home Insurance

MAXXAM WILL SAVE YOU MONEY

Whether you’re a first-time homeowner or you’re getting ready to downsize, there’s a lot to think about when you’re buying a new home — and once you’ve found your humble abode, the last thing you want to worry about is the cost of insuring it. Fear not! Maxxam Insurance has some money-saving tips to help you get the right coverage at the right price.
 
1. Newer is better.

If you’ve got the choice between an older home and a newly constructed one, keep in mind that many insurers give discounts on newer homes. It stands to reason — most new builds come with some sort of warranty and repairs aren’t generally an issue for the first few years of ownership. And to an insurer, that means fewer claims. 

2. Skip the bank (if it works for you).

If you’ve worked hard to set aside a large down payment or have access to savings, consider opting for a less expensive home and go mortgage-free. This move could get you a discount from your insurance provider and help keep a little extra cash in your pocket.

3. Go for a higher deductible.

Choosing to pay a higher deductible in the event of a claim is a sure-fire way to reduce the premiums you pay. The higher the deductible you choose to pay, the lower your insurance rates will be. Just be sure you choose a deductible amount you’re comfortable paying if you need to make a claim down the road.

4. Keep claims to a minimum.

Of course, you want your home insurance policy to have you covered when you really need it, but keep in mind that many insurers give discounts to customers who are claims-free for a set period of time. It might pay to look at a low-value claim and assess if it’s really worth filing, or if it’s better to pay for minimal losses or damage yourself and keep your hard-won claims-free standing.

5. Embrace your age.

Insurance companies love mature homeowners — and what’s not to love? You’re generally more established financially, and past your “wild party” (read: damage-inducing) days. Look for a discount on your home insurance if you’re 45 and older.

6. Secure the perimeter.

Or at least install a company-monitored or self-monitored home security system to ward off break-ins. It helps to reduce your risk of damage and theft, and most insurance companies will reward your efforts with a discount.

7. Make your home more resistant to damage.

Some types of home improvements can help you save on insurance. Installing a sump pump or a backwater valve (or both!), for example, could reduce your chances of making a water damage claim — so it will generally reduce your home insurance premium, too. 

8. Shop around with the help Maxxam Insurance.

Why pay more than you have to?  A Maxxam Insurance Broker will listen to your needs and find coverage options at varying price points for you to choose from — and help point out other discounts and opportunities for savings that you might not be aware of. 

Home Insurance

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Author: Don McCormick

The Specialists of Home Insurance

MAKE PEACE OF MIND YOUR PRIORITY

Buying home insurance can prove to be overwhelming. With all the different insurance companies and different policies, you may find yourself stuck between where to go and who to go to. Especially if your mortgage lender is looking for proof of coverage to bind. That’s where we come in!

An Insurance company will direct you through some of the key features of a policy, but for the most part you’ll want to read through it from beginning to end to really understand exactly what you will be getting. However, how likely is it that you will read every word of an extensive policy? Where do you even begin?

Most insurance policies are written with confusing language, and it may seem like they’re only that way to confuse and overwhelm you. So, what is there to do about this? You may buy it and file it, or spend all your spare time researching every nuance of this contract. Both of those options sound equally unappealing.

So, let’s start from the beginning…

Why do you even need Home Insurance?

In most cases, home insurance is required because of mortgage financing requirements. The lenders will make this a required term of the contract to protect your home, (and their investment) in event of damage caused by unforeseen circumstances.

So, while you may not have a choice in having home insurance, you do have a choice in where you get it from. There are several avenues to choose from; online, cooperate agencies and specialty brokers. How do you make the decision?

Maxxam Insurance is different, we’re local to you — Vancouver Island made. Our brokers make buying Home Insurance easy, we use simple language to help you truly understand what you’re covered for and what you’re signing for! With insurance that is tailored to you, we have the option to look through multiple insurers to find you the best possible rate.

So, when you go shopping for home insurance, go to the specialists. Maxxam Insurance’s team of experienced and reputable Insurance Brokers know the market inside and out, and can give you the best advice for all your needs. We can arrange the coverage that is right for you, and if you ever need assistance, you know who to call!

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7 Top Benefits of Tenant Insurance

Why Tenants Need It and Why Landlords Should Require It

When buying a home, it is typical that the lender requires the buyer to have home insurance – to protect their funds in case of an unfortunate event leading to damage or destruction of the home. However, when this home is deemed a rental property there is a common misconception that home insurance is enough. In fact, a high percentage of renters skip getting insurance all together! Here are some key points why Tenant Insurance is so valuable, to both the Tenant and the Home Owner:

• To Protect the Tenant’s Possessions in Case of Accident (eg. Flood or Fire)

The home insurance policy held by the home owner typically only covers the property and building structure, in case of damage or destruction. Therefore, if there was a fire the tenant would have no coverage for his/her possessions if they do not hold tenant insurance.  Content replacement cost is widely underestimated.  Even if an individual has minimal possessions, the cost to replace everything kept in their home, from spices in the kitchen cupboard to clothing, to basic hygiene supplies adds up extremely quickly.  Add in furniture, electronics and jewelry and this would accumulate to be a large loss for someone without insurance.  In comparison to the cost of tenant insurance, it seems quite simple that it is not worth not having an insurance plan in place to cover a potential disaster.

• To Protect the Tenant’s Possessions in Case of Theft

Unfortunately theft and burglaries do happen. When a home owner experiences a home burglary, their stolen possessions are typically covered by their home insurance policy.  If you are a renter and someone breaks into your home, the insurance policy held by the home owner will not cover your stolen possessions.  These possessions would only be covered if you held a tenant insurance policy that included this. In addition, this coverage could also protect the tenant’s belongings while they are away from home, for example in their vehicle or while travelling. When looking for a tenant insurance policy ensure you explore which cases of theft would be covered.

Renter’s Insurance, for the unexpected.

• Liability Coverage

Tenant’s insurance provides coverage in case of an incident of unintentional bodily injury to others.  This could include a situation in which a guest was injured during a visit to the home, such as a fall on a slippery step or even in the instance that a family pet (dog) was to bite.  If such a situation was serious, the tenant could be responsible for costs including the cost of medical expenses and loss of wages due to injury. Most individuals do not have the financial means to compensate others that are injured, or the cost of defending a lawsuit without this liability coverage.

• Accidental Damage to Property not Owned by You

  • In addition, accidents happen and have the potential to be very costly.  If a tenant causes damage to the property of the landlord, whether it is as small as breaking a window or as large as an unattended candle causing a fire throughout an entire apartment building, the tenant is responsible to repair these damages.  From a hundred dollar repair to millions of dollars in repairs, holding tenant insurance can cover unintentional damages.

• Living Expenses during Repairs

If a home did incur such damages that it needed extensive repairs and was not fit to live in, the living expenses of the tenant while these repairs were being made would only be covered if the tenant had his/her own insurance policy. Could you imagine having to leave your home for a few weeks or a few months as it goes through repairs resulting from a flood or fire? Just a few weeks, let alone a few months would be extremely pricey to find immediate short term accommodation. A typical person would not be able to afford such expenses.  A tenant insurance policy could provide the safety net of covering such expenses in this emergency situation.

• Affordability

Another great benefit of tenant insurance is how affordable it is.  Rates of course will depend on the coverage chosen within each individual policy, but regardless the low cost of these policies in comparison to the financial hardship that could arise from not having a policy in place is peanuts.

• Happy Tenant = Happy Landlord

In all cases of unfortunate events in which tenant’s have their own insurance policies, you can see it can provide a lot of resources and comfort in these situations. Without holding an appropriate policy, chances are the tenant will incur a lot of undue hardship and financial strain. Therefore, tenant insurance can provide security, peace and comfort to the tenant. The landlord depends on the financial commitment and responsibility of the tenant.  Therefore, as described above there are many benefits of having tenant insurance both for the tenant and the landlord.  At the least, landlords should be encouraging all their tenants to acquire this type of insurance, to ensure security for all. A Happy Tenant = a Happy Landlord.

Don’t forget to contact Maxxam Insurance for all your Tenant Insurance needs!

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Top 3 Benefits of Life Insurance

What is Life Insurance?

Whether you’re young or elderly, deciding on a life insurance policy can be tricky. In order to protect you and your family, a solid life insurance policy is important at any age. A life insurance policy is a contract between yourself and an insurance company. In that contract, outlined and agreed is that the insurance company will payout a lump sum, known as the Death benefit, to your listed beneficiary after you pass.

Do I need life insurance?

Purchasing life insurance can be overwhelming, but it is an important aspect of your long-term financial planning. Not everyone needs life insurance, but speaking with an advisor is your best option for making that decision. If you don’t have any debt or dependents, for example, you may not need insurance. However, if you are the main income earner in your household with a mortgage and several dependents, then you will definitely want to consider choosing a plan that will cover your payments.

How to do I decide how much coverage I need? 

We are often asked how much life insurance to purchase, but the answer isn’t that simple because it is different for each individual. Most Canadians purchase under $500,000 of life insurance. When deciding on your coverage you will need to look at your current monthly expenses like mortgage/rent, utilities, debt repayment, etc. You will also have to consider any future costs your family will incur, such as post-secondary education for children, replacement of vehicles and/or home, etc. If you and your spouse pass away at the same time, you will need to consider the cost of living for your children as well. You should also consider funeral costs and if your dependent(s) will extra compensation for extended time off of work.

How do I choose a plan?

There are a few options for choosing a life insurance policy including whole life, term life, variable life and universal life. The cost will depend on the plan you choose, as well as your age and current lifestyle. Your insurance advisor can help you choose a plan that will be the most beneficial for you in the long-run. Term plans are generally less expensive but expire after a set period of time. Whereas whole life plans will be more expensive but once the premium runs out, you will still have the coverage.

In conclusion…

Make sure you educate yourself when choosing a life insurance plan. Do your homework before you meet with your advisor and make sure you ask about all of the fees associated with setting up your plan. Life insurance policies can be used as a financial investment, but again, that will depend on your situation. One of our experienced agents will be happy to assist you in choosing the plan that is best for you and your family.

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The Benefits of Benefits

Prescription drug benefits are the most used employee benefits in the country. This is mostly because the reimbursement is easier than other benefits, and of course drug costs can often be high. Having an employee benefit program in place can entice qualified job seekers to apply to your company over one of your competitors. Maxxam Insurance offers several employee benefit packages that will work with your budget. People routinely overlook the health benefits that are available to them; as a part of the set-up process, our experts will meet with your staff to make sure they understand their compensation.

There are several benefits to providing your employees with a comprehensive benefit plan. The biggest advantage to offering a benefit package is that you have a better chance of getting highly qualified applicants. The work force is highly competitive right now, meaning employers are having to be more creative with the design and generosity of the benefits they offer. Employers who continue to provide limited programs may find it more difficult to find and keep different generations of employees.

Below you will find some examples why benefits are beneficial!

For employers:

• Recruit highly qualified individuals
• More effective employees who feel valued through their compensation
• Premiums are tax deductible, which means savings in your pocket!