What does cyber insurance cover? Cyber insurance can help with certain costs arising from covered events such as data breaches, ransomware, privacy claims, system interruption and cyber incident recovery. Depending on the policy, coverage may include notification expenses, forensic investigation, legal costs, business interruption and third-party liability. Policies vary widely, so businesses should compare limits, […]
Read MoreTo our valued customers, We have always prioritized the safety of our customers and staff – especially in these uncertain times when safety recommendations can change swiftly with little notice. As such, to support our hardworking team members, we are continuing with the hybrid work model that we have adopted for our team members over […]
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How can Edmonton homeowners protect their homes during a cold snap? During extreme cold, keep the home heated, protect exposed pipes, know where the main water shutoff is and arrange regular checks if the property is vacant. Frozen pipes and ice-related damage can lead to expensive claims, and coverage may depend on reasonable precautions being […]
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How can you protect your home during hot weather? Prepare your home for extreme heat by maintaining air conditioning, checking roofing and exterior materials, reducing fire hazards, monitoring plumbing and keeping combustible materials away from the house. Severe heat can also increase wildfire, storm and equipment risks. Review your home insurance to understand coverage for […]
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What is a usage-based insurance policy? Usage-based or telematics insurance uses a mobile app or in-vehicle technology to measure driving behaviours such as braking, acceleration, speed, distance and time of day. Depending on the insurer’s program, the data may be used to determine discounts or influence pricing. Before enrolling, review what information is collected, how […]
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What does pollution liability insurance cover? Pollution liability insurance can cover certain cleanup costs, third-party bodily injury, property damage and legal liability arising from a covered pollution event. It can be important because standard commercial general liability policies may exclude or restrict pollution claims. The exact protection depends on the policy, so businesses should review […]
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Preventing cyber-crime is a top priority, and for good reason: the threat level is higher than ever. According to Varonis, data breaches exposed 36 billion records in the first half of 2020. While partnering with a Managed Services Provider (MSP) can help enhance cybersecurity, no network should ever be assumed 100% secure. Cybersecurity insurance is […]
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Are you ready to buy a home for the first time? First of all, congratulations! Buying a home is an exciting milestone, but the process can be confusing and overwhelming. At ARC Insurance we understand that a home is an important asset and investment. In order to get it right the first time, we’ve created […]
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What insurance does a remote business need? A remote business can still face liability, cyber, professional, equipment and business-interruption risks even when employees work from home. Home insurance may not fully cover company equipment or business activities, and remote access can increase cybersecurity exposure. Coverage should reflect where equipment is located, what data employees access, […]
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What does sewer backup coverage cover? Sewer backup coverage can help pay for certain damage when sewage or water backs up into your home through a sewer, drain or sump system. Depending on the policy, it may help with cleanup, repairs, damaged belongings and additional living expenses. This coverage is often optional, so homeowners should […]
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