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Learn what’s new, what’s changed and what’s going on in the industry and here at Brokers Trust. We continually keep our knowledge up to date and fine-tune our expertise to offer you the best possible solutions, any time you need us. Take a look at the very latest news our team has put together.

Mortgage Life Insurance vs. Term Life Insurance

When homebuyers find the words “mortgage” and “insurance” in the same sentence, confusion often follows. In the US and Canada there is a financial product called mortgage insurance, which protects the lender in loans with a lower down payment. However, […]

Understanding Business Interruption Insurance

If you own or run a business, you already know how important it is to have property insurance — and especially liability insurance. But what do you do if a property insurance claim forces your business to close temporarily? Revenue […]

Are We There Yet?

Most Canadians are aware that their health insurance usually won’t provide coverage when leaving the country but not everyone knows that coverage is also limited when visiting another province within Canada. Travel to Another Province. If you’re planning a trip […]

How Does My Location Affect My Insurance Rates?

Location can play a role in several types of insurance, affecting rates because risks vary by where you live or by where you keep your vehicle. In some cases, repair or replacement costs can vary as well – which also […]

Is Your Business Properly Insured?

For many businesses, a business owners policy (BOP) is a great starting point to insure your risks. With a business owners policy, you can protect your business against common risks like bodily injury claims — think slip and fall accidents. […]

What Coverage is Available for my Boat Trailer?

You have auto insurance for your car, truck, or SUV, and you have marine insurance to cover your boat – but what about the trailer? Coverage for your boat trailer can be tricky to understand and it’s important to ask […]

Can You Negotiate a Better Insurance Rate?

Strictly speaking, your insurance rate is not something you can haggle. But there may be some great ways to save if you know where to look.Insurers set rates based largely on loss statistics as well as insured value. This means […]

Boat Insurance Can Protect Your Liability Risks

Whether you are out for a day of high speed or want to cruise along the river in your pontoon, there is nothing more enjoyable than a day on the water. Like driving an automobile, operating a boat comes with […]

Is Your Data Safe?

It seems like we hear about a new hacking breach every week. Even big companies with extensive protection can be vulnerable. There is no such thing as complete data safety, but by taking a few extra steps, you can make […]

Why is Auto Insurance so Expensive for New Drivers?

In many cases, younger drivers pay more for auto insurance when compared to older age groups. While this can make things seem as though insurers are discriminating against young drivers, higher accident rates suggest higher risk for younger drivers. We […]

How a Business Owners’ Policy Protects Your Business

If you’re thinking of starting a business or only have a general liability policy, a business owners’ policy (BOP) creates a great foundation to your risk-management strategy. When you start a business, one of the first things you do is […]

Why “per Occurrence” Matters for Your Insurance Coverage

Insurance policies can use some fancy language. Fortunately, the specialty terms used in the industry are not too difficult to understand. But understanding how your coverage works can be helpful so you will know what to expect.While we will focus […]