What is Replacement Cost?
Replacement Cost (RC) can be defined as the actual cost to replace an item or structure to its pre-loss condition. With the majority of Comprehensive Homeowner’s policies, Insurance Companies offer what is called “Guaranteed Replacement Cost” on the dwelling. Guaranteed Replacement Cost (GRC) means that the Insurer will cover the cost of repairs or replacement,…
The Max Robinson Children’s Foundation
We would like to officially announce our 2017 Charity of the Year, The Max Robinson Children’s Foundation! A larger-than-life personality. A brilliant mind intertwined with compassion and understanding. A love that runs so deep, it will be felt forever, its effects far-reaching. Maxwell John Robinson was a lively, intelligent and healthy 6 year…
Insurance Terms and Abbreviations
For this week’s post, we thought it would be helpful to list and explain some insurance terms and abbreviations that are commonly used. If there are any that you have come across that you don’t see here, please let us know and we’d be happy to define them for you. ACV – Actual Cash…
Talk About Travel Insurance
This week we thought we would talk about Travel Insurance. It’s something that most people need (if traveling out of Province or out of Country), but a lot of people don’t purchase. Travel Insurance can help protect you and your family from unexpected costs due to a medical emergency, and it allows you to…
The Costen Advantage
As we head into a new year, we thought it may be helpful to highlight some of the benefits (The Costen Advantage!) of having Costen Insurance as your Broker of choice… 30 Years in Business We are excited to be celebrating our 30th year in business. Our experienced Team of Brokers has an in…