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Over one-quarter of BC house owners rent out a portion of their home

VANCOUVER, Aug. 24, 2015 /CNW/ - Over the past 6 months, Square One Insurance has talked to over 4,000 house owners across Canada and has found over 14% of them rent out a portion of their home to non-family members. BC has the highest rate at 25% while .... BC Has The Highest Number Of Secondary Suites: Vancouver Has The Most Secondary Suites Of Any BC City! The study conducted by Square One Insurance examined 4,000 of its home insurance policy holders in Ontario, Manitoba, Saskatchewan, Alberta and B.C. VANCOUVER – A study conducted by a Vancouver .... Square One Urges Those Participating In Home Sharing Programs To Speak With Their Insurance Providers Or They May Not Be Covered: VANCOUVER, Aug. 26 ... A breakdown for major cities across Canada is attached. Square One advises you to speak with your home insurance provider before participating in a home sharing program, hosting a guest in your home, or renting out a room in your .... Mortgage helpers go mainstream in Vancouver: president and CEO of Vancouver-based Square One Insurance, said in a news release. “In fact, we suspect the actual percentage is considerably higher. Some people may be reluctant to disclose this information to their home insurance provider if they haven ...

Nearly half of Vancouver home owners have rental suites: Many Vancouver homeowners ... Insurance survey. The poll found 43% of Vancouverites who own their own houses are renting out either basement suites, laneway homes or other parts of their residences. This is the highest percentage of all the major cities in .... The new Vancouver Special could be the basement suite: A survey finds more than four in 10 home owners in Vancouver rent a part of their place out. Insurance company Square One asked 4,000 home owners across Canada and found that 43 per cent of those in Vancouver have tenants. That’s the highest percentage .... Foreign buyers cited as one of two factors behind more sales of Vancouver luxury homes: “Foreign buyers, primarily from China, tend to be families looking to live in Vancouver, viewing Canada as an economically and socially stable country in which to invest their money and raise a family,” the company noted. “Their home-buying decisions ...

Communities, insurance totalling losses after powerful southern B.C. windstorm

VANCOUVER – Communities and residents across southwestern ... More than 30,000 customers were still without power late Monday afternoon as crews from BC Hydro worked to fix damage caused by trees and branches toppled by the strong winds.. Offshore buyers driving Canada’s luxury home market: Offshore buyers, primarily from China, are driving demand for luxury properties in Canada, helping to fuel sales of multimillion-dollar homes in major markets outside of Alberta. More than 570 homes priced over $3-million sold in Vancouver in the first .... Top 10 reasons why First Shaughnessy should be declared a heritage area: Yet Vancouver ... Insurance Company. Richard Keate, a fourth-generation First Shaughnessy resident and chair of the Vancouver Heritage Commission described it this way: “It [had] what we call the English picturesque aesthetic… a large but simple 3 ...

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