There are a number of ways to save on your annual vehicle coverage but still remain completely protected and
insured against anything.
Bad practice across the board - from Woolies to MFI - of endlessly leveraging and endlessly
insuring against anything (basically hedging by another name) has artificially inflated our own economy - and we the consumers never complained.
Not exact matches
No, it's not a good idea to store all your savings in a cryptocurrency, or
anything else that isn't
insured against loss, FTM.
392 Despite
anything in this Act, any person may
insure against fire any property situated in Ontario in an exchange not licensed under this Act, and any property so
insured or to be
insured may be inspected and any loss incurred in respect thereof adjusted, if such insurance is effected outside Ontario and without any solicitation in Ontario directly or indirectly on the part of the insurer.
113 Despite
anything in this Act, any person may
insure property situated in Ontario
against fire with an unlicensed insurer, and any property
insured or to be
insured under this section may be inspected and any loss incurred in respect thereof adjusted, if such insurance is effected outside Ontario and without any solicitation whatsoever directly or indirectly on the part of the insurer.
Your furniture, appliances, dishes, clothing, artwork, everything and
anything you keep in your apartment or condo needs to be
insured against the risk of loss.
Likewise, if an
insured files suit
against an insurance company for denying a $ 250,000 claim under a homeowner's insurance policy, courts will not usually award
anything beyond that amount to a prevailing
insured.