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Pros and Cons of Condo Contents Insurance



Pros and Cons of Condo Contents Insurance

Condo content insurance has become increasingly common in Canada’s major cities since the 1960s. The condo opened a new era of co-living between citizens, symbolizing the country’s modernization. But what is condo content insurance?

Whether you rent or own, you likely have several personal possessions that need protection. It includes your clothing, furniture, electronics, décor, and many more.

A content insurance policy ensures you have protection if your things are stolen, damaged, or vandalized — if you are looking for a condo contents insurance policy, reach out to an insurance company like Surex.       

What Is Contents Insurance for Condo Units?

Condo content insurance provides you with protection for your personal belongings. It safeguards the things you have in your house and the stuff you bring with you when you travel. It is a significant part of condo tenant insurance and comprehensive coverage. The plans cover the most common items in people’s houses. However, some expensive items such as jewelry may be excluded from the policy.

How Does Condo Content Insurance Work?

Condo content insurance works similarly to other policies in that it covers the cost of replacing personal items owned by you and your family. You may have to pay extra to cover accidental loss or damage to your belongings. Most policies have a deductible, which means you will not be compensated for a small portion of your claim.

  • The majority of policies include “new for old” coverage; this means you’ll be compensated for the total cost of the items that were lost, damaged, or stolen.
  • If you die in your home due to a fire, theft, or accident, content insurance would pay a lump sum.
  • It may also protect you if a visitor is hurt or dies while visiting you.

Every policy has a maximum limit and a sub-limit for specific items like cash, antiques, and jewelry. You can buy a policy endorsement for extra protection if you have high-value items.

What Does Condo Content Insurance Cover and What Does It Exclude?

Your possessions, in general, are anything that is not permanently attached to the structure of your home. The condo content insurance includes the following list –

  • Decoration
  • Instruments
  • Electronics
  • Appliances
  • Furniture
  • Clothing

There are a few things that content insurance does not cover:

  • Cryptocurrencies
  • Business assets
  • Information
  • Illegally acquired assets


In today’s high-priced real estate market, purchasing condo content insurance can be a wise decision. Here are five ways content insurance benefits Canadians.

Different Types of Condo Content Insurance

Replacement value and new for old are the two types of condo content insurance. The standard policy is “new for old,” which means that some of your possessions that have been lost or damaged will be replaced with new ones with a higher dollar value.

Get Protection for Your Valuable Collectibles

You can get a policy that will cover your collectibles as long as you make a list of them and keep it up to date. DVD box sets, books, rare stamps, and other unique items are among the collectibles available. If the items are not replaced, then the funds will be used to buy more collectibles.

Tenants Can Also Get Insurance

If you don’t own a home and are renting, you can purchase condo content insurance to protect your belongings within the property. When it comes to property damage caused by something you didn’t do, your landlord’s insurance will cover it.

Dedicated Helplines

Depending on whom you take the coverage out with, you may have access to a dedicated helpline. These helplines can point you in the right direction if you have any problems with your insurance policy. The emergency helpline connects you with reputable tradespeople in the event of a home emergency.

New for Old Contents Coverage

If your belongings can’t be repaired, condo content insurance will cover the cost of replacing them.


While there are plenty of benefits to condo content insurance, and there are many downsides to buying condo content insurance.

Plan Limit for Claiming

It’s possible that the amount you can claim for a single item is limited, and you’ll have to shell out any extra amount on your own. If you are underinsured, your insurance company may only pay a portion of your claim.

Car Theft or Damage

Theft or damage to your car is not covered under your tenant policy. On your car insurance policy, you’ll need comprehensive coverage. Your contents inside your vehicle at the time of robbery are covered under tenant insurance.

Defect and Wear and Tear Exclusion

Damage to your property caused by a defect, gradual deterioration, or normal wear and tear is not covered. You will not be covered for fair wear and tear if you do not purchase a new for old policy. Your insurer may be able to provide replacement items rather than money, depending on your policy.

Each insurer will have different limits for each item or collection, so make sure you know, especially if they are valuable to you.

Extra Coverage for High-Value Items

Personal property coverage limits do not apply equally to high–value items due to the high monetary risks associated with their damage or theft. Items like jewelry and electronics are covered under separate sub-limits. Purchase tenant insurance policy with higher sub-limits if you own valuable items to ensure you are fully protected.

Additional Coverage

You may choose to add an “endorsement,” which is additional coverage to your policy that protects your content from earthquakes or overland flooding, depending on where you live. Because these events are rare and tend to be limited to specific geographic areas, they are difficult to predict. Content insurance policies do not automatically cover them.


Your contents insurance premium determines the type of policy you choose. Your tenant insurance covers your content insurance if you pay rent. The number of personal items and the size of each dwelling differs from one to another. The most basic plan costs $15 per month.

If you are not sure about which plan to pick, talk to an expert. They will help you make a knowledgeable decision.

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A Guide To Finding The Right Self-Storage Facility



Self-Storage Facility

Self-storage solutions can be useful for individuals who require more space to keep their belongings stored and safe for an extended period of time. Whether you are relocating, reducing your living space, or need more storage for your belongings, these services can provide a secure and safe option. However, not all storage facilities are of the same quality. Here are some tips to help you identify the most suitable facility for your needs. After reading, you can search for a “self-storage near me” with confidence.

Location Is Key

One of the most important aspects to consider when selecting a storage facility is the location. You should choose a facility that is readily accessible and convenient for you to reach, especially  If you intend to visit your unit frequently, selecting a facility close to your place of work or home will make your life easier. 

Additionally, you should consider the surrounding environment. Is the facility located in a secure and safe neighborhood? How is parking and traffic in the area? These are the questions you should ask when searching for a self-storage near me.

The Facility Offers a Variety of Unit Sizes

The range of unit sizes is another crucial factor to keep in mind. You never know when you may need to downgrade or upgrade in size; having that option is extremely beneficial. Therefore, searching for a facility that provides a diverse selection of unit sizes is essential, enabling you to find the one that suits your specific requirements. 

Climate Control Environment Will Keep Your Belongings Safe

If you intend to store items vulnerable to humidity and temperature fluctuations, such as electronics, antiques, or artwork, searching for a “self-storage near me” like SecureSpace that provides climate-controlled units is advisable. These units are specially designed to regulate the temperature and humidity levels to safeguard your belongings from damaging weather conditions.

Security Should Always Be a Priority 

When selecting a self-storage facility, security is of utmost importance. You should search for a “self-storage near me” with advanced security measures, such as 24-hour surveillance cameras, gated access, and on-site management. These measures are essential in protecting your belongings from theft, vandalism, and damage. Additionally, some facilities provide individual alarms for each unit, which can alert the facility’s management and local police in case of an attempted break-in. 

Online Billing Makes Your Life Easier

Another crucial aspect to consider when searching for a “self-storage near me”  is if they offer online billing. You’ll be surprised how many storage unit services still don’t do this. This feature makes it easy to manage your account, pay rent on time, and avoid late fees. Opting for a facility that provides online billing will make your life much easier.

Select The Right Self-Storage Unit For You

Selecting the right self-storage facility for your belongings is critical in ensuring the safety and security of your stuff. By considering the factors mentioned above, you can search for a self-storage near me that satisfies your requirements and offers you peace of mind that your possessions will be safe.

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4 Ways to Make Your Workplace a More Fun Space to Work in and Grow



Ways to Make Your Workplace a More Fun Space to Work in and Grow

Have you noticed lately that the atmosphere at your workplace is not as vibrant as it used to be? Does it appear to be like your colleagues are not as productive and invested in work-related tasks?

If that’s the case, then you simply must do something about it. I’m referring to productivity-boost steps that will encourage them to become more engaged. If you need some awesome tips when it comes to this, then cast your eyes on these ideas below!

Opt For Bulletin Boards

Here’s an idea that will for sure streamline communication between your workers. Both online and traditional are very effective, save a bunch of time, and provide people with some relevant information.

What I love about them the most is the fact that they offer that sense of community at the workplace, which is frequently forgotten or overlooked, and will give to people that sense of belonging, which is always a nice thing.

There are a number of ways you can create bulletin boards. If you do not have the slightest idea how to make one, then browse the web to hunt down the websites that will help you get creative with your bulletin board, and make something that everyone will like. You’ll quickly conclude that internal communication has been enhanced.

Embellish Your Office

Work is not always fun, and at times, it can be extremely overwhelming and tiresome, thereby, it wouldn’t hurt to decorate your workspace, so that your employees can feel more relaxed and comfortable.

At the end of the day, there’s nothing stimulating or visually appealing in spaces that are plain, and somewhat soulless. Bear in mind that all of you spend a large amount of time in the office, hence it’s of huge importance to create an environment that’s pleasant. This way, your colleagues will look forward to working.

Fun Is Always Welcome!

As I previously stated, all of you are going to spend a significant amount of time at the office, and the tasks all of you will have to execute will not always be smooth sailing, therefore, it’s always recommendable to jazz things up by incorporating something that’s amusing and that’s going to make everyone feel happy and entertained.

For example, if I were you, I would split the workday with short breaks during which you won’t discuss anything that’s work-related. Of course, implementing this will depend on the setup of the workplace, and the preferences of your co-workers.

If you notice that they are moody, you can always send them something that’s fun, and that’s going to make them laugh. Just be sure it’s not anything inappropriate.

Go Out!

It doesn’t mean that you should be besties with your colleagues, however, I firmly believe that occasional days and nights out are going to make everybody content and will make them feel like they are not perceived as some working machines, but as humans too!

There’s no denying that work can oftentimes be very stressful, and sometimes you cannot control these things. However, what you can do is follow these tips above to make things slightly better.

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4 Common Sales Strategy Mistakes and How to Avoid Them



Common Sales Strategy Mistakes and How to Avoid Them

There is a broad range of factors that must be taken into account when developing the ideal product or service, including the market, rivals, talent, the status of the economy, and laws and regulations. To be effective, a sales strategy has to be supported by an organization’s culture as well as its resources, personnel, and mentality. In order to establish whether or not a plan is compatible with their organization, leaders must first analyze the plan’s foundation. To do so, it is necessary to take a close look at the four common errors that lead to unsuccessful methods.

Excessive Product Promotion

Client meetings are sometimes derailed by a focus on promoting the business and product at the expense of listening to the needs of the customer. They overlook a crucial fact, namely that people purchase from other people rather than from lists of features.

Find a way to engage with the customer on a more personal level. Find out what problems they’re having and how your solution can solve them, then sell them on the idea. As the folks at say, a customer’s engagement level with a business can also impact the closing ratio. Use the phone conversation to pick up on hints and switch gears from work to something more interesting. First, sell yourself, then listen, and last, offer your wares.

Failing to Employ a Sales Manager

It’s been some time, and business seems promising. It seems like things are going in the right direction, so you’re considering adding to the staff. No, what you need is a sales manager, not additional salespeople.

You need an experienced person to help you hone your brand-new method and manage the expansion of your sales crew. Often, entry-level sales managers excel at optimizing already-established systems but struggle when it comes to creating brand-new groups and procedures from scratch. As your sales team reaches around 10 to 15 people, it’s time to level up.

Failing to Hire a Sales Leader

Hiring a manager to supervise the sales managers is the next logical step for expanding the company’s sales. You need a Vice President of Sales who has grown a firm to which you want to be comparable in a few years’ time. This individual will be a genuine sales leader. He would be focusing on things like strategy, expansion, reorganization, the completion of bigger agreements, and the mentoring of sales managers.

Hiring One or Too Many Salesman

A new salesperson’s second-worst error is hiring only one other salesperson to work under them. Having a sales team of two or more people gives you the ability to test out new ideas, compete, and experiment. On the other hand, having an excessive number of salespeople demands a significant amount of financial resources, which may have an impact on your business. If you recruit an excessive number of salesmen in a short period of time, your company’s financial reserves will be used up like race gasoline.

Your sales plan must be developed with your business objectives in mind. While developing a new strategy or even just making adjustments to an existing one, it’s important to get feedback from workers and other important stakeholders to make sure the changes are feasible. If you follow these steps, you’ll be well on your way to developing a successful and long-lasting sales plan.

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