Pedestal Insurance Brokers Inc.

Assessing Your Needs

Protecting Futures & Investments

Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.

Protecting Futures & Investments

We have years of insurance experience helping clients prepare for the unknown. Ask us about Home, Auto, Fire, Flood, Theft, and many more! We can access any insurance product so you can get the right one for you.

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Protecting Futures & Investments

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Everyone has different insurance needs. Schedule your insurance consultation with us today for a personalized business or individual assessment on what protection you will require and find out how we can help protect your hard-won assets.

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Frequently Asked Questions

Please contact us if you cannot find an answer to your question.

What is a deductible?

A deductible is an amount that you're responsible for in the event of a loss. This is the amount you pay out-of-pocket, and insurance covers the remainder.

How can I make sure that I have coverage for my valuables?

When speaking with your broker to set up your policy, tell them about any valuables you are concerned about and our broker can review your policy and recommend changes to ensure your valuables have the proper coverage. (i.e.: jewellery items, music equipment, computer electronics and cellular phones.)

Should I notify my broker/insurer of any changes to my home?

As most policies have a GUARANTEED REBUILDING COST ENDORSEMENT, you must notify us within 30 days of the start of any additions or other physical changes to the “Dwelling” which may increase the rebuilding cost of the structure by 5% or more. This may have a resulting additional premium.

Do I need to get an appraisal of my home to renew or change my coverage?

No. There ia no need for you to get a new evaluation of your home during renewal unless you have made changes to your home that would increase its value. Our office and your insurer will monitor your insured value for your home at each renewal.

What is a Water Backup Endorsement?

This coverage provides Sewer, Septic Tank, Drain or Sump Backup due to the sudden and accidental leakage or escape of water from a sewer, septic tank, drain or sump pit within the basement floor of the insured dwelling, subject to the limitations and exclusions listed. * Underwriting restrictions apply.

What is an Overland Flood Endorsement?

This is a comprehensive coverage that includes overland flood, surface water, ground water, up to usually $5,000 for flood mitigation, up to usually $1,000 for backup mitigation, and up to usually $10,000 for sewer and water line failure. * Underwriting restrictions apply.

Do I need OPCF 44(R) - Family Protection Coverage?

Generally a Broker would include this coverage in an Automobile Quotation. This form indemnifies eligible claimants who have a claim against another motorist for injuries to or the death of the Insured, his or her spouse and any dependent relative of either, if the other motorist has no insurance or insufficient insurance to satisfy the claim. The limit of coverage is the difference between the Liability limit applicable to the automobile and the Liability limit carried by the other motorist at-fault, less recovery from certain other sources.

What is OPCF 27 Coverage?

OPCF 27 - is Liability for Damage to Non-Owned Automobile(s) and Other Coverages when Insured Persons Drive, Rent or Lease Other Automobiles.

This extends Section 7: Loss or Damage coverage to Named Insured against the liability imposed by law upon the Insured or assumed by him/her under any written contract or agreement for loss or damage arising from the care, custody or control of any automobile not owned by or registered in the name of the insured. Insured must carry collision and comprehensive or all perils coverage to qualify for this endorsement.

Loss or Damage Coverage extends to the insured individual, his or her spouse, and all drivers listed on the policy. For corporations and other such entities, persons named on the change form and their spouses are covered. Providing Other Coverages When Insured Persons Drive, Rent or Lease Other Automobiles coverage is included. It provides Liability, Accident Benefits, Uninsured Automobile and Direct Compensation - Property Damage coverages when insured persons drive other automobiles. Coverage does not apply to people who can claim under their own or their spouse’s policy. For Direct Compensation - Property Damage Coverage the other automobile cannot be a described automobile in a motor vehicle liability policy. Most often used when the insured leases a recreation vehicle or automobile for a short time.

What is OPCF 32 Coverage?

The purpose of the OPCF 32 coverage is to provides physical damage coverage to vehicles you may operate but do not personally own, such as a vehicle that you have rented or borrowed. It is subject to a deductible. It also provides liability, accident benefits, uninsured automobile and direct compensation-property damage coverages in specific circumstances.

It also provides coverage when any person who does not have a driver’s licence, or is not authorized by law to drive, operates or drives your recreational vehicle off a public highway. By providing this coverage, we waive compliance with Statutory Condition 4 (1) of your policy.

Insuring a Bright Future

Insuring a Bright Future

Assessing Your Needs

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Building Relationships

Protecting Futures & Investments

Building Relationships

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Frequently Asked Questions

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Schedule your insurance telephone consultation

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Insuring a Bright Future

Insuring a Bright Future

Assessing Your Needs

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Protecting Futures & Investments

Building Relationships

Protecting Futures & Investments

Building Relationships

Reviews

Frequently Asked Questions

Pedestal Blog Spot

Subscribe

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Schedule your insurance telephone consultation

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