👉Ross Derry, 88, of Oshawa, Ontario, had his $4,000 e-bike stolen from his apartment garage. Despite having tenant insurance, he discovered his policy only covered $1,000 of the loss. Derry, an avid cyclist, used the e-bike to assist with hills. Many insurance policies, like Derry's, have coverage limits on items like bikes, collectibles, and jewelry unless additional premiums, called riders, are paid. Anne Marie Thomas from the Insurance Bureau of Canada advises checking policies for such limits. Derry now questions whether to buy another e-bike, given the theft risk and limited insurance coverage.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #BikeTheft #EBike #InsuranceCoverage #OntarioNews #CyclingCommunity #TenantInsurance #InsuranceAwareness #mnm #malayalisnearmeapp #canadaupdate #canadanews
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