Investment properties have continued to grow in popularity with the strength of the real estate market in the last couple of years. Both a landlord and a tenant have different responsibilities when it comes to owning or living in a home, and some even overlap in ways. Knowing what role you play is critical to understanding how you insure these risks properly. James & Mike review the differences between Rental Properties and Renter Insurance and the key coverages and knowledge you should have when looking at insuring them from either viewpoint.

We all love saving money and this episode is about helping clients save money on their insurance. James & Mike review discount opportunities on both the Auto & Home insurance side from Winter Tires, and new technology with Driving Apps, to Mortgage Free discounts and New Home discounts. Knowing what you qualify for as a client is always important because overall if we can put more money back into your pocket and protect you correctly, there is no better feeling.

We all love adding a touch of our personality to our cars whether it be some fuzzy dice on the interior or those brand-new rims on the exterior. However, many consumers do not consider if these modifications will impact our insurance. James & Mike discuss the difference between appearance & performance modifications that are commonly made to vehicles and the likelihood of certain modifications affecting your insurance. 

Kim Pham from Forest City Mazda joins James & Mike and discusses her journey in the auto industry and what has led her to her success so far. Kim shares some new plans for Mazda coming in 2023 and beyond, while also discussing some social media tips and tricks she has found to be successful during her time as a sales representative in the auto industry.

The insurance market has been through its ups and downs over the last few years and 2023 will be no exception to that. Professionals in the industry have known about being in this "Hard Market" for a number of years now, but some experts are suggesting this is going to slowly change and we will see a more stable market soon. James & Mike go over the differences between a Hard & Soft market, some factors into why these markets exist, and give some predictions into how much longer we may see these market conditions last.

Accidents are accidents, but how do claims and lawsuits impact the insurance industry? James & Mike dive into the recent commercial accidents seen across Canada in the last 6-12 months and how these will and can potentially impact the insurance industry as a whole. They also point out some key coverages to look out for and questions that should be asked to your broker/agent when getting insurance or reviewing your insurance after a risk change.

Special guest Doug Bricknell of Wayne Pitman Ford discusses some unique buying opportunities for consumers in the last few years. James & Mike also dive into the revolution of EVs from Ford, including the first EV truck to the mainstream market, and how they see the insurance industry moving with more and more EV vehicles on the road.

2023 is here and so is Season 2 of The Broker Breakdown. James & Mike have a lot in store for season 2, with more content to help clients guide their way through the insurance world, more special guests to better educate clients on what is going on in the market, and an overview of some of the goals for the podcast moving into 2023. We are super excited to have you listening and want to thank everyone for the last year and hope you enjoy season 2 of The Broker Breakdown!

In the final episode of 2022, James & Mike discuss some topics that are likely to continue into 2023 or become more popular in the new year. From continued increases by many insurance companies to the creation or change in coverage due to weather and claims, 2023 will be an exciting year for the insurance industry. 

2022 has definitely been a challenging year for businesses as they all alter their ways of operating coming out of the pandemic. Moving into 2023, many companies have already confirmed their desire to scale back their workforce as processes are automated or eliminated totally. James & Mike discuss this week how those trickle-down effects might find their way into the insurance industry if they haven't already and how that in turn impacts the consumer relationship with their insurance broker or company. Will we see the insurance industry take the same measures as companies like Twitter or Amazon, or will the changes be less drastic than those of larger corporations?