Do you have something gem like & sparkly under your Christmas tree for that someone special in your life?
Are you planning an extra special diamond ring New Years Eve surprise?!
Do you know that unless you have them individually listed, your jewellery may NOT be insured?
Ron Hanania G. G. (GIA) has been our preferred jewellery appraiser for over 12 years and we consider him part of our Paramount Insurance family. We are thrilled to continue offering each one of you the opportunity and convenience of having your valuable possessions appraised here in office.
We are excited to announce our next
Jewellery Appraisal Clinic - Monday January 21st 2019
so that all the new bobbles & trinkets you've acquired over the holiday season can be appraised & added to your home (condo, tenant, etc.) policy ASAP.
Appraisals will run at $50 per item - this is a $25 per item savings in comparison to appraisal clinics run at some of our local jewellery stores.
NOTE: we are unable to accept credit cards as a form of payment however, we do accept cash, cheque or debit on behalf of IGL (or an e-transer while you are here!).
Our next clinic will run Monday January 21st 2019 from 9am to 6pm.
Each item will be allotted a 15 to 20 minute window to be appraised.
Call the office at 403-347-8400 to reserve your time slot today!
We will see you (and your new trinkets & bobbles!!!) in 2019!
Merry Christmas to you,
The Team at Paramount Insurance
Please Note: our jewellery appraisal is open to Everyone, whether you are our client or not, whether you have your home (condo, tenant, etc) insurance with us or not, we welcome you all to take part in this value added service!
Holiday Hours: December 24th CLOSED at 12 noon
December 25th & 26th CLOSED
December 31st CLOSED at 12 noon
January 1st CLOSED
See our claims tab above to obtain your company specific claims emergency contact information.
Ho Ho HO!
Christmas. Is there a more loaded word than that?
We want to cover the bases so let's get right down to it:
1. Buying your loved one expensive gifts this Christmas? Or maybe it's a 'one for me!' situation, we don't judge! We're talking about jewelery, furs, art, vehicles, expensive/high end furniture, hot tubs, renovations - please give us a call so we can get that new item listed or increase the overall value of your home insurance policy. You want it to be covered right, right??
2. Going away for the holidays? Here are 10 ways to protect your home so you can relax and enjoy your vacation.
3. We assume you will be travelling and prevention is better than recovery. Winter driving can be pretty risky so here are some Winter Driving Top 10 Tips.
We hope you have a safe, warm, love filled Christmas season and we will see you in 2019!
Did you know that your home policy has limits on Jewellery Coverage? We want to make sure your jewels are insured properly and by having an appraisal we can determine if your limits need to be increased OR if we need to specifically add the item to your policy.
To help make this process easier (and cheaper!) for you; our valued clients, we are excited to annouce our first ever jewellery Apprail Clinic!
Please join us Monday October 29th here at the Paramount Insurance office, where we will be hosting Ron Hanania. G. G. (GIA) of IGL. Ron has been our preferred jewellery appraiser for over 12 years and we are so excited to have him in house and bringing his experitse to each and every one of you!
Time slots available throughout the day - please call the office and speak with Diane to book your time today!
If this clinic books up and we weren't able to secure you a spot, our tenative next date will be in early December - this will depend entirely on how much interest we have! So, if you've got friends or family who are in need of appraisals (even if they aren't clients of Paramount) we are happy to host them at our in house clinics too, spread the word!!
See you all soon!
Protect your home so you can relax and enjoy your vacation!!
Here are 10 Tips on how you prepare your home for a vacation.
Don't forget to like and share this helpful information with your friends & family!
When a Tornado and Severe Thunderstorm watch is issued it means conditions are favorable for the development of just that. Thunderstorms are often accompanied by high winds, hail, lightning, heavy rain and in rare cases can produce tornadoes. It is common for our 'Heat Warning' days to turn into 'Severe Weather Warning' nights.
There are a few things that can be done to better prepare yourself, your family & your home for a severe storm.
Keep your dead branches trimmed and cut down all dead tress surrounding/on your property. This will help reduce the danger and risk of them falling into your house during a storm. Clean gutters, drains and downpipes. Consider getting rid of that beloved trampoline – they have a tendency to turn into kites during storms. Make sure your roof is in good repair. Be sure that any pergola or awnings are properly secured. And prepare an emergency plan & kit.
Make an emergency plan
Every Canadian household needs an emergency plan. It will help you and your family to know what to do in case of an emergency. Remember, your family may not be together when a storm or other emergency occurs. Identify safe places where everyone should meet if they have to leave home during an emergency.
Start by discussing what could happen and what you should do at home, at school or at work if a severe storm strikes. To be prepared, make a list of what needs to be done ahead of time. Store important family documents, such as birth certificates, passports, wills, financial documents, insurance policies, etc. in waterproof container(s). Identify an appropriate out-of-town contact that can act as a central point of contact in an emergency.
Write down and exercise your plan with the entire family at least once a year. Make sure everybody has a copy and keeps it close at hand.
Prepare an Emergency Kit
In an emergency you will need some basic supplies. You may need to get by without power or tap water. Be prepared to be self-sufficient for at least 72 hours.
You may have some of the items already, such as a flashlight, battery-operated radio, food and water. The key is to make sure they are organized and easy to find. Would you be able to find your flashlight in the dark?
Make sure your kit is easy to carry. Keep it in a backpack, duffel bag or suitcase with wheels, in an easy-to-reach, accessible place, such as your front hall closet. Make sure everyone in the household knows where the emergency kit is.
Basic Emergency Kit:
Water – at least two litres of water per person per day. Include small bottles that can be carried easily in case of an evacuation order.
Food that won't spoil, such as canned food, energy bars and dried foods (remember to replace food and water once a year).
Manual can opener.
Crank or battery-powered flashlight (and extra batteries).
Crank or battery-powered radio (and extra batteries).
First aid kit.
Special items such as prescription medications, infant formula, equipment for people with disabilities.
Extra keys to your car and house some cash in smaller bills, such as $10 bills and change for payphones, a copy of your emergency plan and contact information
Know the Risks & Warning Signs
Thunderstorms are usually over within an hour, although a series of thunderstorms can last several hours with hail most frequently seen in our home province of Alberta. Hailstones vary in shape and size – from the size of peas to be as big as grapefruits. Hail comes down at great speed, especially when accompanied by high winds and can cause serious injuries and damages.
If hail is forecast, protect your vehicle by putting it in the garage or other enclosed space. Take cover when hail begins to fall. Do not go out to cover plants, cars or garden furniture. When a hailstorm hits, stay indoors, and keep yourself and your pets away from windows, glass doors and skylights which can shatter if hit by hailstones.
Warning signs of a potential tornado include severe thunderstorms, an extremely dark sky, sometimes highlighted by green or yellow clouds, a rumbling or a whistling sound caused by flying debris, a funnel cloud at the rear base of a thundercloud, often behind a curtain of heavy rain or hail.
What to do in all such cases?
Get as close to the ground as possible, protect your head and watch for flying debris. Do not chase tornadoes – they are unpredictable and can change course abruptly. A tornado is deceptive. It may appear to be standing still but may in fact be moving toward you.
If you are in a house go to the basement or take shelter in a small interior ground floor room such as a bathroom, closet or hallway.
If you have no basement, protect yourself by taking shelter under a heavy table or desk.
In all cases, stay away from windows, outside walls and doors.
Located on a farm? If your personal safety is not at risk, you may have time to open routes of escape for your livestock. Open the gate, if necessary, and then exit the area in a direction perpendicular to the expected path of the tornado.
Perhaps in a recreational vehicle or mobile home? Find shelter elsewhere, preferably in a building with a strong foundation.
If no shelter is available, crouch down in a ditch away from the mobile home or recreational vehicle. Beware of flooding from downpours and be prepared to move.
In a high rise building - Take shelter in an inner hallway or room, ideally in the basement or on the ground floor. Do not use the elevator. Stay away from windows.
In a gymnasium, church or auditorium than keep in mind that large buildings with wide-span roofs may collapse if a tornado hits. If you are in one of these buildings and cannot leave, take cover under a sturdy structure such as a table or desk.
If you are trapped in your vehicle and spot a tornado in the distance go to the nearest solid shelter. If the tornado is close, get out of your car and take cover in a low-lying area, such as a ditch. Do not take shelter under an overpass or a bridge. Winds can accelerate under an overpass or a bridge and cause injury or death from flying debris.
For more information on making an emergency plan, call 1-800-O-Canada or visit www.GetPrepared.ca to download or complete an emergency plan online.
You can purchase a pre-packaged emergency kit from the Canadian Red Cross at www.redcross.ca.
Visit www.GetPrepared.ca or call 1 800 O-Canada for a list of additional emergency kit items, including a car emergency kit.
Remember – severe storms & tornadoes can develop quite rapidly and it is better to be prepared for nothing than unprepared for something.
It can happen to the best of us - the most well laid plans can be bested by an unexpected illness, injury or event.
Who wants the added stress of submitting an insurance claim during a frustrating, painful & stressful time? The answer is no one but there again lays the necessary evil.
I know we don't like to think about it but winter and our frigid January/February temperatures are the inevitable.
Lots of Albertans start planning their winter getaway well in advance... but as you & I well know A LOT can happen between now and 6 months from now.
And we're not just talking personal reasons, trips can be cancelled or interrupted as a result of weather, work or political unrest.
Here is a Guide to Trip Cancellation & Trip Interruption Insurance - to help you answer some of the burning questions!
Good things come to those who wait and work hard! Regardless of today's economic challenges, being a young independent insurance broker gives you control in uncertain times. You get to be your own boss, you can reap the success of your own efforts and you get to be happy in a profession that allows you to work as independently as you want.
Patience to succeed is one of the most important (and hardest!) skills to learn - this is not a 'get rich quick' career, there are no shortcuts. Fighting your way through the learning curve coupled with the patience to allow time to work in your favor will result in impressive opportunities for high salary and advancement potential.
Paramount Insurance was built by one and is now maintained by many Independent Insurance Brokers. We remain one of the very few Independent, Locally Owned & Operated Insurance Brokers in Red Deer. Which is what makes working with us that much more appealing. Mentors, Relationship, Growth, Investment, Education, Partnership, Ownership.... Independence - the sky is your limit.
Paramount Insurance will forever be engaged in growth and in the opportunity to invest & mentor new account managers & producers. Are you looking for your own personal guarantee of a successful future and curious if insurance could be the right fit for you? We are always happy to take the time for a conversation. Why? Because we're passionate about empowering you through education. We are driven by the opportunity for you to take back control of your money, your life, your business and your future.
Are you ready?
**DISCLAIMER: Each insurance provider has different exemptions, stipulations & coverage options, we do not know what insurance you have and what insurance you do not have. It is IMPERATIVE that you call your broker and seek the professional recommendations & wordings of the company your are insured with. We are not medical doctors - we are not an insurance company - we are a Independent Insurance Brokerage full of caring people who want you to understand the RISK you may be taking on if you chose to travel while pregnant. We hold no opinion or judgement on the choices you make, we are simply here to advise of the risk, the lack of coverage and to URGE that you seek all the facts from your Alberta Blue Cross plan, your Alberta Health Care & your travel insurance provider BEFORE traveling while pregnant.**
What are the odds of your baby arriving on their due date? There are so many factors and moving parts to pregnancy &birth that there is no way of ever really knowing exactly WHEN baby is going to arrive. With that said, there are some very important facts that you need to know in regards to pregnancy, birth & travel.
What does your Alberta Blue Cross plan cover? Unfortunately we aren't able to fully answer that question. But, what we have learned (from speaking with a few of our clients) is that an Alberta Blue Cross plan has the potential to cover a vaginal delivery with no drugs, definitely no epidural. Where does that leave a woman in need of an emergency caesarean? We aren’t sure. What about the baby after it's born? Again, we have no answer. The trouble is each individual plan is different and we have no way of knowing what Your plan means for You. What we do know is that it is VERY important that you call your Alberta Blue Cross provider 1-800-661-6995, before travel and to be clear on WHO, WHAT, WHERE you are covered. If you aren't sure of the questions to ask, give us a call and we will be happy to assist.
What does Travel Insurance Cover? Travel Insurance will cover YOU (mom) up until the indiviual company's recommended travel dates.... depending on your travel insurance provider these can vary. Generally they hover around the 36 week mark, unless you have a preexisting condition and your doctor has advised you against travel. Again, each company is different and therefor their coverage and guidelines are different, we implore that you call your provider to be clear on WHO, WHAT, WHERE you are covered.
There is one thing that all the travel insurance companies agree on - if your baby is delivered prematurely while travelling BABY IS NOT COVERED.
Again, the health expenses incurred by a premature baby will NOT be covered by travel insurance.
NOTE: it does not matter if the baby is premature or to full term. We are using the term 'premature' here as mothers will not be eligible for travel past 36week mark.
Think of it this way, you purchased your travel insurance policy while your baby was inside of you... so the insurance company agreed to cover Your medical expenses while the baby is inside of you. You will be hard pressed to find an insurance company who will take on the risk of a premature or term baby (healthy or otherwise) and any complications or NICU stays that come along with them. We have been in business since 1994 and we have yet to find a company who will expose themselves to this risk and potential expense.
According to most health practitioners, baby is viable after 24 weeks. It goes without saying that in turn, most practicing western medicine hospitals will do their outmost to keep your baby alive if you deliver any time after the 24 week mark. Examples of this include:
- A Canadian couple on holiday in the Philippines delivered baby at 24 weeks – baby ended up staying in the NICU until close to what was the original due date. Delivery & mom’s medical costs were covered by travel insurance, however the couple ended up spending $60,000 in medical costs for their new baby.
- A NICU room in the US costs approximately $10,000 per day and that is just for the room. Then there are nurses, doctors, specialists, tests and drugs… not to mention the sheets your baby sleeps on, the basinet that holds him and the itty bitty diapers on his bum. Don’t even get us started on the cost of Kleenex. It is reported that a woman in the US who delivered her babies (yup, two) at 24 weeks incurred medical expenses of $1,250,000 – per baby. That was for hospitalization from 24 weeks until they were viable to be released from NICU & go home.
We see these stories in the news all the time – Canadians travelling while pregnant and then overcome with medical bills when baby delivers premature.
We are saddened, these people did not deserve to be burdened by a financial and emotional trauma at what should be an exciting and happy time.
We are frustrated, it is the responsibility of the broker to advise the client was is NOT covered.
It has been made clear time & again that there are insurance brokers who are not doing their duty - they are only selling a policy. Unfotunately it only takes one rotten apple to spoil the bunch but we are here to change that.
We take your protection, your safety and your livelihood seriously. We are here to turn knowledge into success. We are here to make sure that each and every one of you; our friends, our family, and our clients (even those of you who aren’t our clients) understand the RISK and what is NOT covered, Because... Things Happen.
We are only a phone call away and always happy to answer any questions or concerns you may have. In the mean time, we are wishing you a safe & blissfully happy adventure with your new bundle of joy…. And a lovely holiday after delivery!!
The Team at Paramount Insurance
**DISCLAIMER: Each insurance provider has different exemptions, stipulations & coverage options, we do not know what insurance you have and what insurance you do not have. It is IMPERATIVE that you call your broker and seek the professional recommendations & wordings of the company your are insured with. We are not medical doctors - we are not an insurance company - we are a Independent Insurance Brokerage full of caring people who want you to understand the RISK you may be taking on if you chose to travel while pregnant. Also, we hold no opinion or judgement on the choices you make, we are simply here to advise of the risk, the lack of coverage and to URGE that you seek all the facts from your Alberta Blue Cross plan, your Alberta Health Care & your travel insurance provider BEFORE traveling while pregnant.**
It seems that more and more Albertans are operating a home based business; health & beauty products, jewelry, clothes, oils, food, lashes, nails, you name and it's likely happening - the trouble is that most people don't understand how that could adversely affect their home insurance. More importantly, how their home insurance does not cover them & how an insurance company could deny a claim in the event something happens.
A home-based business insurance plan will cover your office equipment, business inventory on and off-premise (all that product you keep in your vehicle while running errands before your scheduled demo) and business interruption insurance if anything were to happen to your home because of an insured loss. Most importantly, it will cover you for additional liability for clients, delivery personnel and employees.
Some of you may be asking what is Liability coverage? Liability coverage insures your business against bodily injury or property damage relating to your company's products or services, as well as an accident or injury occurring on the premises, such as a messenger or customer visiting your home business and slipping on your steps, tripping over toys and falling, being bit by your dog or a customer having an adverse reaction to a service you are providing.
If you are operating a home based business and you unsure if you are properly covered or have further questions/concerns on this topic, we urge you to contact your broker today.
The purpose of this role is to obtain & retain our brokerage's ideal client, to challenge business owners to think differently about the way they manage risk, and to give business owners a reason why they should do business with our organization. We want a participant who takes control of their future by owning their training. We want a Paramount Insurance champion, someone who will turn Knowledge into Success. You will have mentors and support people along the way however you will be required to get up to each day and initiate your own development and communicate upwardly about the results, activities & needs.
Qualified Prospects are expected to meet the following criteria:
Top 5 Results
1. Sell at least $100,000 in revenue each year
2. Sell in a manner that will create long term relationships with our clients and a high level value proposition. Retaining a minimum of 93% client revenue annually.
3. Quantify the results of working with our organization to every client.
4. Be a challenger in the methods of selling: teach, tailor, take control.
5. Immerse into the community through networking, associations or any way relevant to your niche.
* Driven to effectively challenge the prospect/client to improve through working with our brokerage
* Ability to connect with people and connect communities of people
- Business acumen & Industry acumen (in one or more areas: oil & gas, farming, construction, trucking, restaurant, commercial development, etc)
- Learn: acquisition, retention & use of knowledge
- Recognize: identify possible risks & problems in the clients business that need to be addressed
- Solve: come up with useful solutions to risks& problems you have noticed within the clients business or coverage
* Look and act peer to peer with our clients
* Exceptional communication skills
* Passion for teaching
* Engaging and effective presentation skills
* Understands how to identify the clients value drivers - The Clients WHY
* Intense customer focus
* Driven to bring values to others
* Loves to Compete
* High Business Acumen - Staying current
* Intelligent: Visual, Verbal, Logical, Inter/Intrapersonal, Practical, Business & Industry
* Time - Evidenced by the ability to manage it and get paid for it
* Client Value over Client Relationship
- Level 1 AIC designation minimum
- Enrollment or future enrollment in Canadian Risk Management Designation
Being an insurance producer means you will be consulting with business owners, educating them about risk management & insurance. You will be providing education on how/why their general business effects their insurance and ways to mitigate against risk. You will also be in the business of networking yourself & your clients, the better they are doing - the better you are doing.
You need to have a broad understanding of insurance however you will also need to cultivate a broad understanding about varying industry. A willingness to learn and more importantly to be taught by mentors & the business owners is paramount to your success. From there, you will provide value added services targetted to their business: best practices, consulting, education, communications, public relations, networking, retirement strategy, onboarding & hiring, sales, technology, environmental. All aspects of their business have the ability to effect their exposure to risk, which leaves them liable to insurance claims, an increase in premium and loss in business. The best way to keep our clients protected is to turn their knowledge into success.
You are required to have your level 1 AIC license and we believe that a Certified Risk Management designation is a necessary tool for a quantifying risk variables and being a Paramount Insurance Commercial Producer.
We are happy to accept Entry-level/Internship placements all the way up to Associate positions.
This position will be commission based - so, come hungry.
We’ve nearly made it through another long, frigid winter and spring is on its way! If you couldn’t escape for a family vacation in the sun over the winter holidays, you’re probably ready to get out of dodge. Whatever the season, we’ll find any excuse for a holiday. Why not make March break yours?
Whether you’re planning to head to another province, for a quick trip to the US or further abroad to warmer southern climes, you’ll want to add travel insurance coverage to your travel checklist. If you’re travelling with family, a family travel insurance plan is a comprehensive and economical option offered through our travel insurance partners TuGo.
If you or your family have an accident or a medical emergency while you’re travelling, even within Canada, it can be costly and stressful. Having a comprehensive travel medical insurance plan will protect you financially by covering costs for doctors’ visits, hospital stays, prescriptions and more.
Many Canadians believe that if they go on vacation anywhere in Canada, they’re fully covered by their provincial healthcare plans. However, you may be surprised to hear that if a medical emergency happens outside your home province, provincial healthcare only covers certain costs, leaving you to pay the difference.
Here’s an example:
45-year-old Martin, from Lethbridge, traveled to Winnipeg for business. During a meeting, he experienced severe abdominal pain. An ambulance took him to the nearest hospital, where doctors discovered he was having an acute gallbladder attack. He required immediate surgery! After two days in hospital, Martin was discharged. As he wasn’t medically fit to drive, he flew back to Lethbridge. In this instance, TuGo arranged the return of his vehicle home.
Luckily, Martin was covered by travel insurance; otherwise, he would have been on the hook for $2,625.31 just for the ambulance and return of his vehicle! These are not costs that provincial healthcare plans cover.
Here’s a real-life example of how travel insurance helped Isaac and his family when he was hospitalized in California:
Isaac was on a family vacation in California when he fell into a swimming pool. After several minutes, his father came out looking for him. One family member performed CPR while another called an ambulance. Isaac was rushed to the children’s hospital where he was kept for observation overnight. Luckily, he suffered no ill effects and the family enjoyed the rest of their trip.
Ambulance fees $1,200.18
Hospital fees $16,231.44
Doctors’ fees $1,675.54
Radiology fees $327.41
Provincial healthcare – $114.57
Amount paid by TuGo $19,320.00
Without travel insurance, Isaac’s family would have had to cover those costs and navigate a foreign medical system, making an already stressful situation, worse.
What are the benefits of a family travel insurance plan?
A family Emergency Medical Travel Insurance plan provides all the same benefits of an Emergency Medical plan with some added value:
Costs less — If you’re travelling in a family of 2 or more, family travel insurance is the most economical option. The more people in the family, the better the savings.
Travel together or separately — With Multi Trip Annual Travel Insurance, family members don’t have to travel together or even leave their home province at the same time.
Single trip or annual trip coverage options:
Single: If you only take one trip per year, this option makes the most sense.
Annual: If you travel more than once a year, go for this option. Choose the trip length that works best for you and take as many trips as you like all year.
Insider’s tip: Get a Multi Trip Annual family plan to make things even easier. This way you and your family can travel together or separately as many times as you want during the year and not have to worry about travel insurance. You can choose to have your policy automatically renew yearly, so you’ll be continually covered and won’t have to worry about your coverage expiring. Because we know that if you have a family, you’ve got plenty of other things to worry about.
Still not sure if a family plan is right for you? Call, come in or email your broker today to start a conversation....
Well here it is! Red Deer is listed as the fifth most dangerous city IN CANADA!! We also happen to be the first Albertan city listed....
We've been saying it every day - theft & crime are on the rise here, so we need to start protecting ourselves. Alarm systems are a great place to start - they provide safety solutions & they will get you a discount on your home policies. We always recommend Ambusch Security - they are locally owned & operated and know what it takes to keep Red Deerians protected.
Keep an eye out for suspicious vehicles & people and don't be too shy to report them to your local RCMP or City Police detachment - they want to know!
Be sure to keep your valuables OUT of your vehicle & your vehicles LOCKED! Not to mention the doors to your homes... We had an incidence this past year when criminals entered one of our brokers homes, took the keys to vehicles and away they went. Our community isn't like it used to be, we no longer live in a time where leaving your homes & vehicles unlocked is ok!
Use Red Deer Driver Take Home & Delivery - do NOT leave your vehicle for a sleepover when you've had a few too many. You may as well place a strobe light on top of it asking for people to come vandalize, rob & thieve you! Alternatively arrange transportation to and from wherever you're going! Think Ahead!
If you have questions or concerns about your coverage, or would like more ideas on how to protect yourself, give us a call today!
COMMON HOME INSURANCE WATER CLAIMS & HOW TO PREVENT THEM
1. Water Damage From Washing Machine Hoses
Washing machine hoses fail for several reasons, such as:
• Exposure to rapidly alternating temperatures
• Installation errors
• Poor construction
• Not enough room between the washing machine and the wall behind it
How to prevent it
The best way to prevent a home insurance claim of this problem is to inspect your washing machine hoses and replace them before they fail. Washing machine hoses are located directly behind your machine, and they connect to the water supply in the wall. Check the hoses that connect to both your hot and cold water supplies.
Inspecting a washing machine hose is quick and easy. But what should you look for?
Signs of imminent failure in a washing machine hose include:
• Blisters, bubbles or bulges in the hose
• Cracking or sharp kinks in the hose
• Rust on the connections
• Discoloration on the hose or connections
• Moisture or drips
If you see signs that your washing machine hose is likely to fail, it’s important to replace it immediately. You should also replace hoses as they age, regardless of whether you see signs of imminent failure. The useful life of a washing machine hose is just five to seven years.
If your hose is older than that, it’s probably time to replace it. A new washing machine hose usually costs less than $10 and can prevent more than $6,000 in damage.
2. Mold and Water Damage From Bathtub and Shower Leaks
How to prevent it
Water damage from showers and tubs usually have just a few sources. Almost all of these leaks are due to leaks in the sealant or grout, or a simple lack of sealant.
There are several places where these issues show up. These are:
• The grout in the tile surrounding the tub
• Leaks in the corners of the tile surround
• The connection where the tile meets the tub or shower pan
• Leaks in the seal around the drain or drain overflow
• The valve in the wall
• Leaks in the hot or cold water feeds
• Around the shower head or bathtub faucet
If the problem is in an easy-to-see area, you may be able to diagnose and fix the problem yourself. Look for cracks in the caulking around the drains, showerhead and tub faucet. If you see cracks or discoloration in the caulk, this is a likely source of the leak, and these areas will need to be resealed.
If you suspect that the leak is behind the wall, you may want to consult a plumbing professional. We can help you find and fix these leaks. We’ll also help you figure out what type of damage has already been done.
3. Leaking or Overflowing Toilets
Other causes of leaky toilets:
• The wax ring beneath the toilet fails
• The flange beneath the toilet is cracked or too low
• Seals around the valves have failed
• The toilet itself has cracked
How to prevent it:
If your toilet is already leaking, you have a few choices. If the wax ring or the flange is damaged, you may be able to replace them. However, if the toilet itself is damaged, it’s usually easier to replace it than it is to repair it.
There are also some ways to prevent leaks from occurring. The first, and most important, is to inspect your toilet periodically:
• Inspect the fill, supply and flush valves at least twice a year. Look for leaks or discoloration.
• Consider replacing older screw-type valves with newer ball valves, which are less likely to leak.
• Check to see whether the bolts at the base of the toilet need to be tightened.
• Have a professional inspect your toilet and its valves for leaks.
4. Hot Water Heater Leaks
Signs that a water heater is about to fail are also harder to spot than they are with other appliances. Look for:
• Water that doesn’t get as hot as it used to
• A metallic taste to your water
• Rust on the outside of your water heater
• Discoloration or mineral buildup on the pipes leading to and from your water heater
• Crackling sounds while the heater is warming water
How to prevent it
You can prevent water heater leaks and damage with the following tips:
• If your water heater isn’t already in the garage, consider moving it.
• Inspect your water heater regularly for signs that it’s about to fail.
• Put a drip pan beneath your water heater.
• Replace your water heater when it’s nearing the end of its life. Most water heaters have a lifespan of eight to 12 years.
• Flush your water heater twice a year to eliminate buildup of sediments inside it.
5. Water Damage From Refrigerator Leaks
Refrigerator leaks can come from:
• A clogged or blocked defrost drain. This is one of the first things to check if you notice water leaking from underneath the refrigerator. Another sign of a clogged drain is ice buildup in the freezer. Clogs in the defrost drain is one of the most common causes of refrigerator leaks. The defrost drain is usually located on the bottom back inside the freezer. Because it’s small, particles of ice and food can block it up easily. If you can see the drain, you may be able to repair this problem yourself. If not, call someone to service it. You’ll prevent water damage to the floor under the refrigerator.
• Water line connections to the ice maker or water dispenser.
If your refrigerator has an ice maker or water dispenser, you may notice water leaks. If you suspect that one of these connections is a problem, look for signs of water inside your refrigerator. Water line connections often leak inside the fridge, and these leaks usually happen because of a loose connection, broken seal or damage to the water line itself. Leaks in the line from the water supply should be handled quickly — water will continue leaking even if you’re not using the water dispenser or ice maker.
• Broken or damaged drain pans. This is a less common cause of water damage from the refrigerator, but like a clogged defrost drain, you’ll usually notice a puddle of water underneath or directly in front of the refrigerator first. The drain pan often holds a small amount of water, and it should evaporate quickly. If your drain pan begins to overflow or leak, you have a problem. Check the drain pan for cracks or other signs of damage.
6. Slow Water Damage From a Leaking Sink
How to prevent it
You can often prevent leaks around your sink areas if you:
• Regularly inspect the area around your sink and beneath your sink for leaks or water damage
• Make sure connections in the P-trap are tight
• Replace a leaky faucet as soon as possible
• If you notice leaks, place a bucket or rags under the sink right away to prevent further damage
• Get a plumbing check up to look for signs of leaks or water damage
7. Leaks From Your Dishwasher
Repairing a dishwasher is best left to professionals. Because dishwashers use both electricity and water, the risk of electric shocks is much higher than it is with other types of appliances. If you notice leaks underneath your dishwasher, contact a plumber like Mr. Rooter for repairs instead of attempting to do it yourself
How to prevent it:
• Look behind the kick plate for water leaks every six months or so
• Check in the cabinet under the kitchen sink (usually right next to the dishwasher) for leaks from the dishwasher
• Inspect the dishwasher seal for damage or brittleness
As insureds all we can do is do our utmost to maintain our property to the higest degree and to avoid claims - we hope that you found this information helpful!
Before you leave - do you have your company specific claims emergency number saved into your phone? We’re pretty sure the last thing you’re going to want to do when a catastrophe is happening is track down your insurance policy to find the 24/7 Claim Line. We have a complete list of After Hours Claims Emergency numbers in the CLAIMS tab, they are also listed on your policy documents – take the time today to save that information into your phone – you’ll never know when it could come in handy and you’ll sure be happy with yourself if you end up needing it!
Are you a stay at home mom who does bookkeeping on the side or perhaps you are in travelling sales?
Do you do oilfield consultation and have a direct login from your laptop to your company server? How about a store owner who takes credit card payments?
Maybe you own a rental company with hundreds of customers, employees & dollars on the line?
Cyber Risk & Liability should be on your radar. Everyone is online (you are reading this post, after all!) and that means that everyone is vulnerable to increasingly complex cyber threats. All it takes is one stolen smartphone, a hacked email or a virus to cause huge financial costs to you and your company.
Not to mention the cost to your reputation and the trust of your customers.
Since no system is 100% infallible in some form or another almost every single person has a cyber liability risk & exposure and we need to start taking it seriously.
Hacker attacks, being held liable for personal data breach, lost business as a result of network downtime, spybots, phishing attacks, malicious viruses and worms... these are a few of the very real possibilities you & your business are facing.
So, what does Cyber Insurance cover?
Insurance for Data Breaches: covers a business for the costs associated with a customer privacy breach including expenses like legal fees, credit checking and associated fines.
Media & Multimedia Liability: covers third party damages for intellectual property rights infringement or website defacement (attack on a website)
Extortion Liability Insurance: covers losses due to extortion associated with information technology systems.
Network Security: covers damages to third parties caused by denial of access, or costs related to data on third-party supplies or theft of data.
Your Cyber Risk Liability policy may also cover expenses related to the breach such as:
- Business losses as a result of the cyber-attack
- Investigation fees
- Privacy and notification costs
- Lawsuits & legal proceedings.
Paramount Insurance offers an informative bi-monthly Cyber Risk Newsletter to help you quantify the risk and to be persuasive in your education and understanding of how you & your business can be affected. We want to reassure you that we are here to help navigate these new waters with you, we will help you protect yourself from all the risks we can and we will place coverage in the areas that we cannot.
Providing you with a clear, positive insurance experience – because… Things Happen.
This years winter has put a lot of pressure on the comfort & reliability of homes all across Central Alberta. With temperatures fluctuating between above 0 & -45, coupled with the heavy snowfall, our climate is demanding that we take extra care to prevent frost heaving damage to our homes foundation.
Frost heave is a naturally occurring process which results from snow and ice melting into your soil, and then refreezing, causing the feet of soil that it seeped through to rise and fall according to this freezing/thawing cycle and leading to an unstable, unlevel surface for your home’s foundation to rest on. Professional concrete foundation specialists see this cycle repeating each year with homes in northern states especially experiencing cracks and shifts from frost heaving. Fortunately there are a few proven methods to protect your home’s foundation from these damaging effects which, if done before the season comes to an end, could save you a lot of money, stress, and danger.
There are a few proven methods that will tremendously reduce the risk of frost heaving and prevent the very dramatic & very costly repairs!
3 WAYS TO PREVENT FROST HEAVING FROM DAMAGING FOUNDATIONS
1. Soil Choice Matters
Since the underground freezing of melted snow is dependent on soil inundation, one of the most effective ways to reduce the risk of frost heave on your property is to have soil which is too coarse and granular to allow too much water to be retained. Concrete foundation contractors advise homeowners to exchange finer-grade soil types like clay and silt for coarse sand or a layer of gravel which are naturally more permeable. However, if you’re hesitant to replace your lawn’s soil entirely adding a layer of mulch can effectively reduce the risk of melting snow from refreezing under your foundation as it serves as an organic form of insulation for the ground below it.
2. Plumbing & Foundation Insulation
It may seem counterintuitive at first but for frost heaving to damage your home the temperature of the ground and air must first go up to allow accumulated snow and ice to melt and seep into the soil. While it’s impossible for you to fully control the effects of warming temperatures and sunlight, homeowners can absolutely have an effect on the temperature of the ground around their home. Hiring professional insulation installers to apply new, more thoroughly covering insulation to your home’s foundation and plumbing can tremendously reduce the risk of heat-loss from your home warming the soil surrounding it enough to cause snow and ice melting.
3.Control Runoff Water
Probably the easiest way to prevent foundation damage from frost heaving is to control the direction of where melting snow and ice can flow. This method, while very achievable by the average homeowner, does require a fair amount of planning in order to properly control where any runoff water travels. Optimally the best way to do this is to keep any heavy snow piles away from your home though with this winter’s often record-setting snowfalls that may not always be possible. In cases where complete removal of snow from the area is impossible, homeowners should take time to dig channels both above and below ground to allow an easy way for melting snow and ice to flow away from the home and its foundation.
We are bringing in the New Year with rest, relaxation & a renewed drive for 2018!
We will be closed Monday January 1st.
We will be back in action 8:30am Tuesday January 2nd.
Should you experience a claims emergency over these next few days, please visit the CLAIMS tab for your Company Specific Claims Emergency Number.
Wishing you and yours all the very best for 2018!
We wish everyone a safe & happy holiday season.
We will be taking a much deserved break and closing the office today, December 22nd 2017 at twelve noon.
We will be back full, fresh & happy, ready to serve at 8:30am Wednesday December 27th.
Should you experience a claims emergency over the holiday, please retrieve your Company Specific Claims Emergency Number from the CLAIMS tab above!
Being a locally owned & operated small business, we understand the importance of supporting our community of like minded entrepreneurs!
We understand the allure of the big retail shops; it's quick, easy & (usually) a one stop shop...
Just remember, with the downturn in our economy there are struggling smalls businesses that could use just ONE more sale to hit their profit margin. Or maybe they need just ONE more sale to put a Christmas turkey on their table.
This Christmas Season make a commitment to putting your hard earned money back into our local hard working community and not back into the pockets of the 1% corporations.
The Holiday Season is upon us (I know, we can't believe it either!) and with that comes a lot of driving!
Going to visit the parents, the grandparents, the in-laws... taking Suzy for a sleepover while we go to the Christmas Party!
Yes, it has been unseasonably warm but we live in Alberta and a winter storm can hit quicker than a turkey coma.
Here are a few winter driving tips that we believe are truly important.
We particularly like the reminder to have an Emergency Kit located somewhere accessible within the vehicle. Blankets, candles & nonperishable food items... stranded with kids is one thing, stranded with Hungry kids is a whole other.
Be Safe, Be Prepared & Be Happy!
Education & Value Added Services vs Premium
We are looking for brokers with a Level 2 insurance license, who are interested in working with a group of like-minded team players. Paramount Insurance is a locally owned & operated boutique insurance brokerage with over twenty years of successful business. We specialize in business & risk management strategies that not only protect our clients’ assets, but encourage them to be more successful. We empower our clients by providing them with an education on how the industry works, what their coverage does, where/what it does NOT cover and how to mitigate against a potential loss.
Our commercial department would like to add a COMMERCIAL PRODUCER to the team, who loves a challenge, who can self-manage performance & goals, with the get up and go at a time when the market is a challenge. If you are knowledgeable in farms, we have an untapped well of business for you AND an opportunity to be the department head. We want you to help us complete quality risk assessments and write good business, we pride ourselves on maintaining a high quality book of business that is well rounded. Experienced brokers will be provided with an established book of business to help subsidize commission income for the first year.
Our personal lines department would like to welcome a PERSONAL LINES PRODUCER to the team, someone who loves people, loves insurance and is excited by the prospect of educating their clients. We pride ourselves on writing the entire risk - experienced brokers will be provided with an established book of business with ample opportunity to do just that, round out the client - this will also help subsidize commission income in the first year while you grow your own book of business. If you are knowledgeable in farms, we have an untapped well of business for you AND an opportunity to be the department head. We want you to help us write good business!
If you are ready for this opportunity, or know someone who may be, please send your resume to:
The people of Fort McMurray are experiencing their worst nightmare – not only being evacuated from their homes, but now they are left in suspense full of questions without answers...
Is my home still standing?
If it isn’t, what do I do now?
How will we start over?
How do I get in touch with my broker if their business has burnt down too?
What does my insurance company cover?
Who is my insurance company?
If Red Deer was placed in a similar situation (be it fire, flood or tornado) or even if your home burnt down as a result of human error, what are Your answers to these questions?
Fire to a home is complete devastation, what the flames don’t obliterate, the smoke & water does. Every single piece of your property; from canned foods, to snow boots in storage... Every single book you own, every pair of nail clippers, every set of panties & socks will either need to be cleaned &/or replaced.
So here is our million dollar question:
Do you know what you have in your home?
If your entire home was burnt to the ground – could you sit down today and confidently write out a comprehensive list of EVERYTHING you had in your home and its approximate cost upon purchase? Is writing out an inventory list after the fire (or flood) something you think you’ll want to do while grieving the loss of your home & all of your possessions? Furthermore, do you know if the opal earrings you inherited from grandmother last year are covered? What about the ‘just in case’ money you keep stashed in your sock drawer?
Now is the time to come together to offer support, lend a hand and to donate to those affected by the fires in Fort McMurray – it is also the time to learn & to take action for yourselves, so You are prepared in the event that something equally as devastating happens to You.
We are encouraging all of our clients (their friends & their families) to take the time to protect yourselves – we strongly believe by working your way through the 5 following steps you can help ease the pain of your loss:
1. Fill out a Home Inventory Checklist and return it to your broker; either in person, via fax or via email. We will then scan it & attach it to your policy and this way, in the event of a loss we have a digital copy to get you started and to help you get back on your feet as soon as possible.
2. Take the time to fully read & understand your insurance policy. Come in and let’s go over what is Excluded from your current coverage so we can:
a) add coverage to those valuables that are not automatically covered or
b) help you take the necessary steps to diminish or mitigate against the loss.
3. Put pictures, trinkets & valuables you feel you can’t live without into a ready to go air tight container under your bed or in an accessible place for quick retrieval when/if you ever need to evacuate your home.
4. Have a 72 hour emergency kit ready to go – the Canadian government recommends the following for a 4 person family (www.canadiansafetysupplies.com):
24 Emergency Drinking Water Rations
3 3600 Calorie Food Ration Packs
2 Emergency Rescue Blankets
4 Dust Masks
8 Sanitary Napkins
3 Rolls of Toilet Paper
4 Pairs of Work Gloves
1 Crank Flashlight (No Batteries Required)
15 Adhesive Bandages
4 Knuckle Bandages
4 Fingertip Bandages
4 Patch Bandages
12 Antiseptic Towelettes
1 CPR Mask
1 Bio Hazard Waste Bag
2 Light Sticks
1 Nylon Backpack
5. Store your policy number along with your insurance company emergency claim phone number either in your phone or better yet, with a loved one who lives in a different city – this way, you will know exactly who to call in the event of an emergency when you know your broker is being evacuated with you.
Listed below are the emergency claim phone numbers for the insurance company we write our home policies with - you will find ALL of our companies & their emergency claims numbers under the orange 'CLAIMS' tab above.
Travelers Canada (formerly known as Dominion of Canada): 1-800-661-5522
SGI Canada: 1-855-751-1307 (home) 1-877-435-1484 (auto)
Economical Insurance: 1-800-607-2424
Aviva/Elite Insurance Company: 1-800-567-7721
Chutter Insurance: 1-866-672-4587
Premier Insurance: 1-800-567-7721
Our hearts go out to those in Fort McMurray who are devastated, in pain & suffering - this is a terrible loss for a community that was already in pain.
Sincerely & with love;
Dave, Pattie, Whitney, Diane, Joanne, Courtney & Crystal
Phone: 403-347-8400 Fax: 403-347-8470
Happy Spring, everyone!
We all know that change of season brings not only sunshine but with it some heavy rain and windstorms.
Do you know the driving tips to help protect yourself and others from the heavy wind gusts we are experiencing on a weekly basis?
In the article posted below, Travelers Canada (previously Dominion of Canada) has some great tips for us while on the road in a windstorm.
Let's all be mindful and have a safe season!
To Our Valued Customers
It has been brought to our attention that one of our insurance carriers, SGI Canada has been the target of fraud. Please read below for the CONSUMER ALERT issued to all brokers on behalf of SGI Canada.
March 28, 2016 - It has come to our attention that a company posing as a third-party contractor of SGI CANADA is contacting targeted consumers to become "mystery shoppers" on our behalf.
SGI CANADA IS NOT AFFILIATED WITH THIS COMPANY.
They promise consumers financial compensation in return for their services and ask for personal information to be confirmed and given, This is a scam to obtain the consumer's information.
The target receives a letter, along with a very realistic-looking cheque. When they try to cash the cheque, it bounces, but the con artists already have their information.
If you are approached about this"opportunity" please contact your local law enforcement.
Should you have any questions or concerns with regards to this alert, please give us a call here at the office and we would be happy to do our utmost to help.
Remember the massive hail storm on July 21st 2015?
We do ... well, maybe the day that is a Bit more vivid in our minds (as brokers) was July 22nd 2015. We have some of the Best clients in the industry and on a day where over 200 claims were submitted to our brokerage alone, everyone was calm, understanding and patient!
Alberta 'takes the cake' with The Most Expensive loss in ALL of Canada that day... per this Canadian Underwriter article written by Greg Meckbach.
"The most expensive event was on July 21, when a severe convective thunderstorm in Alberta cause $260 million in insured losses. There was tennis-ball-sized hail and wind gusts up to 110 kilometres per hour, Rennie noted. This caused damage to roof shingles, siding and 'extensive auto damage,' she reported"
Read the full article below to see just how much our whacky weather is costing insurance companies Canada wide.... It may help give us all a little bit of perspective as to why our rates & premiumes keep going up and up and up!
Tis the season to escape from the cold!
January to April an influx of Canadians hit the air-streams and jet off for some rest, relaxation and warmer temperatures!
Do you have the proper travel insurance in place or are you one of the "I have free travel insurance through my credit card" people?
The brokers here at Paramount Insurance would like to continue to URGE All of our clients to call in for a quote with our TuGo travel providers BEFORE leaving on holidays. They provide the Most comprehensive travel insurance on the market and we provide the Most comprehensive education of what Is and (often time, more importantly) what is NOT covered.
Bruce Cappon, the president of First Rate Insurace has been quoted saying "(...) travel insurance coverage that comes free with some credit cards may be enough for some "very healthy people" (...)". MAY be enough?! For Very Healthy People?!
I'm not sure about you, but that does NOT sound very promising to any of us here!
The question is, do you want to be spanning the nation as the next big news article headline of why COMPREHENSIVE private travel insurance with a RELIABLE company, run by COMPASSIONATE & CARING PEOPLE is SO important?
OR would you rather be the guy sipping Margaritas on the beach, enjoying your holiday with peace of mind, knowing a great company and great people are there to support you IF something goes wrong?
The choice is up to you!
Merry Christmas & Happy Holidays from Everyone here at Paramount Insurance!
Notice of Holiday Hours:
Thursday December 24th - we will be open until 12 noon
Friday December 25th - closed
Monday December 28th - closed
Thursday December 31st - we will be open until 12 noon
Friday January 1st 2016 - closed
CLAIMS - Please see under our orange CLAIMS tab a complete listing for all of the company specific Emergency Claim line contact numbers & websites. These claim lines are open 24 hours a day, 7 days a week. These numbers can also be found on your renewal documents sent from the insurance company &/or on the pink cards provided by the insurance company.
We wish you and yours a season filled with love, laughter and a very prosperous New Year!
Do you feel you have the Ability and the Desire to Step Above the Rest?
Do you want to be part of a Professional Succesion Plan, not just a minor shareholder in a major corporation?
Do you want to Work with a more Sophisticated Client?
Paramount Insurance is a locally owned & operated boutique insurance brokerage with twenty years of successful business. We operate in a team environment and specialize in Business & Risk Management Strategies that not only protect our client’s assets, but encourage them to be more successful.
We are excited to be building a team of advisors who are interested in ownership opportunities, who are driven towards success and who will facilitate the understanding, implementation and growth of our trade mark Strategies available for both our Business and Personal lines clients.
What will being a member of The Paramount team provide you?
- The ability to be a part of a brokerage that handles insurance in a unique way, with a unique training program
- An organization where you can manage your own performance
- An organization offering buy in ownership opportunities based on personal performance
- An organization that is continually developing value added services for the success of our customers
- An organization that is forward thinking about technology, new trends & your future
- A company focusing on core beliefs & values, committed to your continued personal and professional improvement & growth
- A diversified work place
- Work in a true team environment
The Ideal Candidate
- “Proven”, intelligent, successful individuals that love to compete, but won’t sacrifice a team member in pursuit of their individual success
- Highly organized individuals with exceptional communication and presentation skills and the confidence to challenge their customers view point
- Intense customer focus & drive to bring value to their client. Ie: is committed to helping find solutions to problems and thrives on relationships where their opinion is trusted and sought out, “The Trusted Advisor”
- Excited to control their own destiny, accountable for and always working towards improving their results
- Has strong existing relationships within the community, in industries outside of Oil & Gas Service companies & who enjoy networking
Additional Technical Assets
- Level 2 Insurance license
- A designation such as, CAIB, CIP, CRM, FCIP, &/or a Business or Accounting degree
- 5+ years experience
- Knowledge of Microsoft Office Suite, Power Broker, Policy Works
*We thank all applicants and advise that only those selected for an interview will be contacted.
February 2nd marked the 20th anniversary since Dave & Pattie opened up shop in Red Deer, Alberta. February 20th 1995 was the day that Dave wrote his very first insurance policy for his very own insurance brokerage, Paramount Insurance!
We couldn't be more proud of him & Pattie. It's incredible the hard work, perseverance, dedication and COURAGE they have shown!
We count ourselves as a very lucky staff to work for such great people, who have dedicated their life to educating & protecting our community & clients. Today we celebrated with an in office pizza lunch and presented Dave with a collage of a few pictures showing the before & after!
We wish them a well deserved vacation & celebration in St Lucia and welcome all of your best wishes & congratulations for our fearless leaders!!
An article worth reading in light of the recent media news involving a pregnant woman and her per existing condition.
Thank you to Travel Underwriters for providing this article.
By educating our clients, we hope to prepare them of the ways to minimize
increases in premiums for their Alberta Home Insurance policies. You have most
likely seen an increase in your premium and for some, the increase could be
significant. The increasing house insurance rates are due to the tragic
flooding and hail storms in Alberta in the last decade.
A commonly asked question is: I didn't have a loss, why should my rates go up?
When insurance underwriters calculate risk and determine the cost of Alberta Home
Insurance policies, rates are calculated based on the losses of a few, spread
amongst many policy holders. As the amount of insurance claims increases, the
cost of damages must be spread across policy holders, even those that haven't
filed a claim. No one can stop Mother Nature. You may not have had a
catastrophic loss yet but if you or your family does, you'll be thankful that the
prices are spread amongst many policy holders instead of the losses of the
Here are four activities our clients can pursue to minimize rate increases:
- Adjust your home policy to a higher deductible.
- Install an alarm system in your home (fire, water, burglary). Contact Darcy at Ambusch Securities in Red Deer at 403-346-8889.
- Ensure your broker is informed of any renovations or updates completed to your home.
- Combine your Alberta Home Insurance and Auto Insurance policies with Paramount Insurance.
Contact your Independent Insurance Broker today to discuss changing the amount of your deductible, how an alarm system can reduce your house insurance premiums, what renovations or upgrades will be eligible for a lower rate, or how you can combine your Alberta Home Insurance and Auto Insurance policies to save money on your premiums.
Autumn in Alberta can truly be the most beautiful time of the year, however, the changing season is not without its risks.
Here are some risks to watch for to protect your auto:
- Be careful of any changing road surface conditions on your commute.
- Pay attention to the danger of wet leaves on the road.
- Avoid driving through a pile of leaves as children can sometimes hide in them.
- Do not park on a pile of leaves, as the heat from the exhaust could potentially start a fire.
- Check your tire pressure.
- Adjust to diminishing sunlight and shorter days.
- Watch for increased deer activity.
Below are some plans on how to protect your home:
- Ensure your furnace and chimney cleaned, inspected and maintained annually by a qualified technician.
- Examine your roof for any damage and make necessary repairs before winter.
- Clean gutters and downspouts of fall foliage.
- Wash the clothes dryer exhaust duct and space under the dryer.
- Insulate water pipes in area exposed to cold temperatures.
- Check and restore the caulking around showers, bathtubs, sink and toilet bases.
- Check your electrical outlets for potential fire hazards such as frayed wires or loose-fitting plugs.
- Keep flammable material away from water heaters and wiring in the basement.
- Keep a filled, multi-purpose fire extinguisher accessible.
- Inspect your smoke detectors. Ensure there is one on each floor of your home.
Check with your Independent Insurance Broker to see if your policy covers your auto or home from these risks. Happy Fall from Paramount Insurance.
After a long Winter season, it appears that Spring has possibly Sprung? Now is the time to prune rose bushes, fix uneven stepping stones and remove damaged branches from shrubs and trees.
Landscaping our yards often provides not just beautification but also welcome shade during a hot summer day. However those large trees and shrubs can also be a contributing factor to structural damage too. More than 70% of trees that fall during a storm have suffered from previous conditions making them vulnerable. Learn to recognize and treat some of these symptoms to avoid potential for damage to your home, autos and others personal property.
Here are a few tips:
- Root Damage: is easiest detected through evidence of decline in above ground parts of the tree. Dieback or death of branches at the tip is often the first sign.
- Excessive Lean: Many trees do lean, but a tree with an excessive lean and evidence of root lifting and soil mounding is a cause for concern.
If you have questions or concerns we suggest you contact a local landscaping company or arborist for assistance. Happy Spring from Paramount Insurance.
Let it Snow! Let it Snow! Let it Snow!
Snow load is the accumulation of snow and ice on a building's roof. The roof or the entire structure can fail if the snow load exceeds the weight the roof/ building was designed to withstand or if the building was poorly designed or constructed.
An excessive amount of snow buildup can cause stress on a roof. This can create cracks and leaking through roof, ceiling and walls. If there is enough weight it can also cause your roof to sag compromising the structural integrity of the roof and dwelling, in turn your roof can collapse.
You can lessen the chances of a loss by being aware of the amount of snow accumulating on your roof and having the snow removed. We recommend this be done by someone experienced in roof snow removal to avoid any damage done by improper removal or personal injury in the event of a fall.
Not only can an excessive amount of snow cause the collapse of a roof, it can prevent the proper drainage of water from a roof when the snow melts and freezes creating ice dams. Ice dams form when snow on the roof melts and has nowhere to go due to gutters being clogged with leaves, snow and ice. The water re-freezes and the ice will then make its way under the shingles. This can repeat itself until eventually water will begin to enter the home causing water damage. Keeping gutters and downspouts clear of debris, snow and ice buildup will help prevent this from happening.
Check with your Independent Insurance Broker to see if your policy covers for snow load.
Remember Prevention is Your Best Protection.
Are you or a loved one you know a Snowbird? Do travel south
for the winter months to escape the chilly winter weather? Are you protecting
yourself or your loved one for not only their health while away but the
dwelling, belongings left behind and liability exposures of being a homeowner?
Snowbirds should ensure they have purchased adequate medical
insurance while traveling out of their province to protect themselves in the
event that they need to seek medical attention. Seeking medical attention is
very costly, especially in the USA, and Alberta Health Care will cover only
limited amounts of these costs when travelling outside of your home province.
Please inquire with your broker about obtaining medical insurance before
leaving for the winter months, as we wish to assist in protecting against those
It is important to have someone checking the dwelling, everyday
during the heating months, to ensure and watch for unforeseeable losses. Have
someone shovel the sidewalks and driveways, not only because it is a liability
exposure to the dwelling owner, but also to have the dwelling look like it is
lived in and not vacant. Vacant dwellings are often the target for vandalism
and break-ins. It is also important to ensure the water main valve is shut off to
prevent any unforeseen water losses. A
person taking a quick check in the house everyday may not notice a small leak
or dripping and this type of water loss may not be covered by the home
insurance policy. It is important to please take these steps to protect your
Good News! According to CBC News, there has been an
extension to allow Snowbirds to stay another month in the USA! The previous
maximum days allowed stay and travel in USA was 6 months or 182 days, however effective
December 17, 2013, this has been increased to 7 months or 212 days! Please
review the link for further details. http://www.cbc.ca/news/canada/calgary/albertans-get-extra-travel-month-before-health-care-expires-1.2467544
We wish everyone a safe and warm winter season!
A certificate of insurance provides evidence of the levels of insurance that a business carries and shows coverage in force complies with the requirements of the requesting person. Certificates can be requested by you the Consumer
Why would you the consumer need one? Are you renovating your basement, building a deck, doing landscaping? What if something goes wrong as a result of the contractor you
hired? Who will pay to fix it?
Peace of mind comes from knowing the contractor hired carries the proper insurance coverage.
To have extra peace of mind you can ask to be listed as additional insured on your contractors insurance policy. This way if his policy cancels you will get a minimum of 15 days notice.
An example recently where many consumers were taken advantage of by unlicensed or uninsured contractors was the June 2013 flooding in Alberta. A certificate of insurance
can help protect your assets from loss, and is just a simple request to your
Whether you are a frequent flyer or annual adventurer, if you travel out of province or abroad, make sure travel insurance is on the top of your list.
Accidents and medical emergencies can happen anytime or anywhere, but approximately 50% of Canadians still travel uninsured. Many inaccurately assume they are covered by their provincial health insurance.
In fact your provincial health will not cover all international or even out-of-province medical expenses. What it does cover it won't pay up front. With rising heath care costs, medical bills can add up quickly, espcially in the USA. In fact a hospital stay can cost $1000 USD per day, up to $10,000 USD per day for intensive care and air evacuaton can cost upwards of $50,000 USD.
Without sufficient protection medical expenses could be financially devastating. In many cases the govenment covers less then 7% of the total cost, but each province differs slightly.
Are YOU covered?
Welcome to our new website. It has been a while in the making, but all good things take time.
The Paramount Insurance Team, is comprised of our superb support staff, as well as our many dedicated insurance advisors, whom pride themselves on their knowledge of the insurance language and look forward to helping you the consumer, to understand those confusing insurance policies.
We are all looking forward to your feed back or comments about our new look, as well as the all new videos in our Learning Centre section, check it out and thanks again for dropping by.