FAQ About Panda7 Auto & Home Insurance

Claims

What is the difference between Panda7 and your typical insurance broker?

We at Panda7 believe that shopping for insurance should be simple, transparent, and quick!. Similar to your favourite traditional insurance broker, Panda7 will get you the best top rated quotes across the market – the difference is that you’ll get them instantly, at any time, and you can buy your policy on the spot!

FAQ About Auto Insurance

Is motorcycle insurance cheaper than car insurance?

In most cases, yes. Motorcycle insurance is often less expensive than car insurance, especially for experienced riders with smaller or standard bikes. However, high-powered sport bikes or younger riders may pay more. The best way to find out is to compare rates with Panda7 and get the right coverage for the right price.

How much does motorcycle insurance cost in Canada?

The cost of motorcycle insurance depends on several factors, including:

• Type of motorcycle (sport, cruiser, touring, etc.)
• Your age and riding experience
• Driving record and claims history
• Where you live and store your bike
• Annual mileage and frequency of use

Which insurance companies does Panda7 work with?

Panda7 partners with several of Canada’s most trusted insurers to help you find the right motorcycle insurance at the best rate. Our partners include insurers such as:

• Aviva
• Economical Insurance
• Intact Insurance
• PAFCO
• Wawanesa

Why do I need motorcycle insurance in Canada?

Motorcycle insurance is legally required in all Canadian provinces. But beyond legal compliance, it protects you from high out-of-pocket costs in case of:

• Accidents causing damage or injury
• Theft, vandalism, or natural disasters
• Liability claims from other road users

What is a motorcycle insurance quote?

A motorcycle insurance quote is a personalized estimate of how much you’ll pay for coverage. It’s based on the type of motorcycle you ride, your age, location, riding experience, and the level of protection you choose. With Panda7, you can compare multiple motorcycle insurance quotes from top Canadian providers in just one call.

Boat Insurance FAQ

Is my boat covered under my home insurance?

In most cases, no. Home insurance offers only limited protection for small boats and often excludes liability, towing, theft, and pollution damage. A dedicated boat insurance policy provides complete protection on and off the water. Get your free quote today.

What types of boats can I insure?

We cover a wide range of watercraft, including:

• Fishing boats and motorboats
• Sailboats and catamarans
• Pontoon boats
• Personal watercraft like Jet Skis and Sea-Doos
• Trailers and fixed onboard equipment

How much does boat insurance cost in Canada?

Boat insurance cost depends on your boat’s size, value, horsepower, usage, and storage location. On average, premiums range from 300 to 1,500 dollars per year, with some plans starting under 50 dollars per month. Wondering how expensive is boat insurance? Let us show you affordable options tailored to you. Speak with our advisors today.

Do you need boat insurance to operate a boat?

Technically, no. But practically, yes. If you’re asking, "Do you have to have insurance on a boat?" or "Do you need insurance on a boat?" the answer depends on where you store it, who you boat with, and whether you're financing it. Panda7 helps you find the right protection quickly. Speak with our advisors today.

Is boat insurance required by law in Canada?

In most provinces, boat insurance in Canada is not legally mandatory. However, it is strongly recommended. Without coverage, you could be held responsible for property damage, personal injury, or environmental cleanup. Protect yourself with the right plan. Speak with our advisors today.

Do you have to insure a boat in Quebec?

No. Boat insurance in Quebec is not legally required. However, many marinas, financing providers, and storage facilities require proof of coverage. It also protects you from major out-of-pocket costs after an accident. Not sure what you need? Our team can help you get a free, personalized quote. Speak with our advisors today.

Commercial Insurance FAQ

How do I get business insurance?

It's simple. Request a quote online or contact our team. One of our licensed brokers will guide you through your options and help you choose the right coverage for your business. Get started now with a quick call now.

Can I get business insurance as a sole proprietor?

Yes, business insurance is available and often recommended for sole proprietors. Even if you work independently, you can face risks like liability claims, property loss, or cyber threats. Reach out to Panda7 to review your situation with an advisor. We’ll help you find coverage that suits your self-employed reality.

Do I need business insurance?

If you rent a workspace, deal with clients, use equipment, or provide services, you probably need business insurance. It protects you financially and may be required by contracts, landlords, or lenders. Reach out to Panda7 to review your situation with an advisor. Call now.

How much is commercial insurance in Canada?

For many small businesses, commercial insurance costs between 500 and 1,500 dollars per year. Rates vary based on your location, industry, revenue, risk level, and selected coverage. Get your free, personalized quote with Panda7 in minutes. Call now.

Is commercial insurance the same as business insurance?

Yes, both terms refer to insurance coverage for companies. "Business insurance" is often used in everyday language, while "commercial insurance" is more common in legal or industry settings. The protections offered are generally the same. Not sure what applies to your case? Contact our team for clarity today.

What is commercial general liability insurance?

Commercial general liability insurance, or CGL, is the most common type of business liability insurance. It protects your business from claims involving bodily injury, property damage, advertising injury, and legal defence costs. Reach out to Panda7 to review your situation with an advisor. We’ll help you determine if a CGL policy fits your operations. Call now.

What is commercial liability insurance?

Commercial liability insurance helps protect your business if you're held legally responsible for third-party injuries or property damage. It's a core type of protection for any business that interacts with customers, clients, or the public. Speak with a Panda7 advisor today to find out what level of coverage you need.

What is a commercial insurance policy?

A commercial insurance policy is a contract between your business and an insurer. It outlines the types of coverage you’ve selected, such as liability, property, or professional insurance, along with the coverage limits and conditions. Request a quote today to find the right policy for your business. Call now.

What is commercial insurance?

Commercial insurance is a type of business insurance that protects your company against financial losses from property damage, lawsuits, theft, cyber incidents, or operational interruptions. It can include various policies depending on your industry and needs. Have questions about your coverage needs? Our team is here to help. Call now.

RV Insurance FAQ

Do I need special insurance if I live in my RV full-time?

Yes. A full-timer RV policy offers broader protection similar to home insurance, including liability and extended contents coverage. If your RV is your home, we’ll help you get the right protection. Contact our team today.

Can I insure the contents of my RV?

Yes. You can add contents coverage to protect valuables like electronics, tools, furniture, and camping gear. Reach out to Panda7 to review your needs with an advisor and we’ll make sure you're covered.

Does RV insurance cover rodent damage?

Some comprehensive RV policies do cover damage caused by rodents, especially if it results in mechanical or electrical failure. This varies between providers. We’ll help you find out which companies include rodent protection. Our team is here to help. Call now.

Does RV insurance cover delamination?

Generally, no. Unless the delamination results from a covered event like an accident or weather damage, most policies treat it as a maintenance issue. Let Panda7 help you compare what different providers include. Speak with an advisor today.

Does RV insurance cover water damage?

It may, if the damage is sudden and accidental, such as from a burst pipe or storm. Gradual wear, poor maintenance, or ongoing leaks are typically not covered. We’ll walk you through what’s included and what’s not. Contact our team for clarity today.

Do you need insurance for an RV trailer?

While liability coverage is handled by the vehicle towing the trailer, separate RV trailer insurance is strongly advised. It protects against damage, theft, vandalism, and more. Ask a Panda7 advisor about your trailer coverage options. Call now.

Do I need RV insurance?

Yes. If your RV is motorized, liability insurance is mandatory. For towable trailers, insurance isn't legally required in all provinces, but it’s highly recommended. Panda7 will help you find the right coverage for how and where you use your RV. Contact our team today.

How much is RV insurance in Canada?

RV insurance typically costs between 400 and 1,200 dollars per year, depending on your RV type, usage, driving record, and coverage level. Get a personalized quote from Panda7 in minutes. Our team is here to help. Call now.

Cottage Insurance FAQ

Are detached structures like boathouses or sheds covered?

Yes. Most cottage insurance policies allow you to add coverage for outbuildings such as docks, guest cabins, garages, or sheds. Be sure to include all structures when requesting your quote. Contact our team today.

Can I rent out my cottage and still get insurance?

Yes. If you rent it out occasionally or regularly, you’ll need to disclose that for the right coverage. Rental use often requires additional protections for liability and potential income loss. We’ll help you adjust your policy to match your rental setup. Speak with an advisor today.

Does cottage insurance cover water damage?

It can. Many insurers offer optional coverage for sewer backups, burst pipes, or overland flooding. This is especially important for properties near lakes or rivers. Talk to a Panda7 advisor about water damage protection. Call now.

Do I need cottage insurance for a seasonal or unoccupied cottage?

Yes. Even when not in use, cottages face risks like fire, theft, and storm damage. Insurance protects your property and provides peace of mind year-round. Let us help you build a seasonal-use policy that makes sense. Contact a Panda7 advisor today.

How much is cottage insurance in Canada?

Cottage insurance typically ranges from $600 to $1,500 per year, depending on factors like the location, property value, occupancy, and type of coverage selected. Get a fast, personalized quote with Panda7 to see your rate. Call now.

What is the difference between home insurance and cottage insurance?

While both cover property and liability, cottage insurance is specifically designed for homes that aren’t occupied full-time. Cottages are often vacant for long periods, exposed to harsher weather, and may lack winter access or full utilities. Because of these risks, insurers offer tailored coverage that differs from traditional home insurance. Panda7 will guide you to the right type of policy based on your usage.

What is cottage insurance?

Cottage insurance is a type of property insurance designed for seasonal or secondary residences. It helps protect the structure, your personal belongings, and your liability as a property owner. We’ll help you choose the right coverage for how you use your cottage.

Landlord Insurance FAQ

Can I insure multiple rental units under one policy?

Yes. Many providers offer multi-unit or multi-property landlord policies, allowing you to manage everything under one contract while potentially lowering your overall premium. A Panda7 broker can walk you through the best options for your real estate portfolio. Speak with our advisors today.

What will you most likely need to insure as a landlord?

As a landlord, you should insure:

• The physical property itself
• Any appliances or furnishings you supply
• Your legal liability for injuries or damage
• Your rental income in case the unit becomes uninhabitable

Does home insurance cover rental properties?

In most cases, no. Home insurance generally excludes claims if the property is rented out. You need a proper landlords insurance policy to ensure you're covered for tenant-related risks and property-specific exposures. Request a fast and personalized landlord insurance quote with Panda7 today.

What is the difference between landlord insurance and tenant insurance?

Landlord insurance protects the building and the landlord's liability. Tenant insurance covers the renter’s personal belongings and their own legal responsibilities. Both policies are important, one protects the property owner, the other protects the tenant. Not sure what you need? Our team can help you get a free, personalized quote based on your specific needs. Speak with our advisors today.

How much is landlord insurance in Canada?

The cost of landlord insurance in Canada typically starts around $300 to $500 per year. Pricing varies based on the size, location, and type of property, along with your coverage level and claim history. Request a fast and personalized landlord insurance quote with Panda7 today.

What insurance is best for landlords?

The best insurance for landlords includes building coverage, liability protection, contents coverage, and loss of rental income. Some landlords may also need legal assistance or flood protection, depending on the property. Our partners include leading insurers such as:

• Aviva
• Economical Insurance
• Intact Insurance
• PAFCO
• Wawanesa

Do I need landlord insurance?

Yes. If you're renting out any part of your home or investment property, a standard home insurance policy may not apply. Landlords insurance ensures you are covered in case of tenant-related damage, legal claims, or unexpected income loss. A dedicated landlord insurance policy provides complete protection for your investment property. Get your free quote today.

What does landlord insurance cover?

Landlord insurance typically includes protection for the building, landlord liability, loss of rental income, and any contents you provide such as appliances or furniture. Some plans also include legal coverage for tenant disputes. With Panda7, you can customize your insurance for landlords based on your property and rental situation. Get your free quote today.

What is landlord insurance?

Landlord insurance is a specialized policy that protects property owners who rent out residential spaces. It goes beyond regular home insurance by covering building damage, rental income loss, and liability related to tenant activity. Not sure what you need? Our team can help you get a free, personalized quote. Speak with our advisors today.

ATV Insurance FAQ

What is ATV insurance?

ATV insurance is a specialized policy that protects your all-terrain or utility vehicle against accidents, theft, and liability. It ensures you're financially covered for various risks associated with ATV use. Contact a Panda7 advisor today for personalized assistance.

How much is ATV insurance in Canada?

ATV insurance premiums typically range from $300 to $1,000 per year, depending on the ATV's make and model, usage patterns, and chosen coverage levels. Get a personalized quote in minutes by calling Panda7.

Is ATV insurance required in Quebec?

Yes. Quebec mandates a minimum of $1 million in liability coverage for ATVs used on public trails or roads. Ensure you're compliant with provincial regulations. Speak with a Panda7 advisor today.

Does ATV insurance cover theft or vandalism?

Yes, if you opt for comprehensive or all perils coverage. These options protect your ATV from non-collision incidents like theft, vandalism, or fire. Discuss adding comprehensive protection with a Panda7 expert.

Can I get ATV insurance if I only use it seasonally?

Yes. Policies can be adjusted to reflect seasonal or off-road-only use, ensuring you pay only for the coverage you need. Call Panda7 for a customized seasonal insurance quote.

Can I insure ATV accessories and custom parts?

Absolutely. Optional coverage is available for modifications and accessories such as winches, racks, trailers, or plows. Let us know about your ATV's additions and we'll include them in your quote.