The IBC says that anyone considering making some extra dollars while they are away from home by renting their home should check with their insurance company or broker to make sure they are properly covered, as many home policies do not allow for commercial activity.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
North Lake, East Baccaro, Bloomfield, Plevna, Galahad
The Insurance Bureau of Canada has warned homeowners of the dangers of renting out their properties during the summer.