Should I buy a car if it has a history of being in an accident

Should I Buy a Car if it Has a History of Being in an Accident?

If you are thinking about buying a used car, there are some important considerations you will want to make before you take this type of financial step. First and foremost, you want to be aware of the vehicle’s history and this of course, includes whether it has ever been involved in an accident.

Even in the event, the vehicle of interest has been in accident, the question next on your mind should be whether or not is it still ok to buy this car?

Since there can definitely be advantages to buying a used vehicle, lets dive a bit deeper into the issues surrounding buying one that does have a history of being in a collision.

The Advantages of Buying a Vehicle That Was in an Accident

Some benefits of buying a used car – accident or not, have to do with being more environmentally-friendly as well as of course being more affordable. Compared to buying a new vehicle, you are looking at paying a lot less for a used vehicle that has already depreciated significantly.

Furthermore, if the one you are interested in has a history or being in an accident, the asking price is also even more likely to be much lower than one with track record of being accident-free.

Disadvantages of Buying a Vehicle That Was in an Accident

Of course, there will also be some disadvantages to factor into your decision to buy a used vehicle with accidents in its past.  For example, while the upfront costs may be a lot less, you want to be leery of whether or not the car does have unforeseen damage or is not in proper working condition.

If this does turn out to be the case and you were not aware or you did not think this would be an issue, either way you could incur more maintenance and repair fees down the line, which can definitely offset the reduced fees you paid in the beginning.

While of course, this does not reflect an ideal scenario, on a more positive note, regardless of whether a vehicle has a collision history or not, does not have to mean you will be purchasing a lemon.

Additional Considerations

Not only will you want to be aware of whether the vehicle was ever invoked in an accident, it is also equally important to learn about its complete history, including the nature of the damage and the types of repairs it has received. This can help you to not be caught off guard down the line with any existing damage that has not been adequately fixed and in turn affect the performance and safety of the vehicle.

This complete history also includes previous registration details, and even any recalls that vehicle model may have experienced. You can turn to various companies that help with these types of evaluations.

For example, a reputable mechanic can perform a thorough inspection of the vehicle, before you move forward with this purchase. During this process, the vehicle, despite having been in an accident, may be a sound choice as it may have been well taken care of, following these events.

What to Know about Insuring a Vehicle with a History of Being in an Accident

A vital piece to this purchase decision, should also include how the car is likely to stack up against new or ‘non-accident’ used cars, when it comes to obtaining insurance coverage.

For example, this is also where knowing the vehicle history and accident details, including the exact nature of the damages and repairs will come into play.

In the event, the damage was extensive and the vehicle was resold with a salvage title attached to it, this can mean that the vehicle is then deemed to have had major structure damage. Not only does this mean the value of the car will be much lower, it could even mean that it will be uninsurable.

While a vehicle with a history of accidents will be less in value, owning a car with this type of track record does not have to preclude you from being able to acquire the insurance you need. However, purchasing one that has had minimal damage and a solid repair history will improve your access to more affordable and appropriate coverage.

The bottom line is that doing your homework and learning as much about the background and the current condition of the vehicle will be an extremely important part of your decision to buy a used vehicle.

If you are unsure whether the insurance company will be able to provide coverage or how high this policy will be, it is best to reach out to the insurance agent first and find out what you can expect from this process.

Leaders Insurance has its own strong track record of providing car insurance policies for a variety of vehicle types and driver’s needs. Contact us to learn more about how we can support your goals of purchasing a quality used vehicle.


Get Organized for the Fall - 5 steps to getting your business in order before September

Get Organized for the Fall - 5 steps to getting your business in order before September

Hopefully you are continuing to enjoy the summer months. With that being said, it is also a good idea to start thinking about how you can get your business organized in time for September.

Here are 5 steps to follow in order to plan for a successful fall start:

Identifying Employee Goals

First of all, it is likely that employees also play a vital role in your business’s day to day triumphs and ongoing performance results.  However, in order to ensure you are all working as a team, it is important to have clear objectives in place for your employees. This can start by providing them with well-defined job descriptions, goals, and desired outcomes.

When an employee has a clear understanding of their tasks and their purpose, they are better able to be more productive and engaged in their role. Ultimately, when each employment’s role is organized and planned out, employees and the company as a whole will be in a much better position to succeed.

Establishing Company Protocols

Perhaps you already have certain business protocols in place, however reassessing and re-imagining them, is still a valuable step in this process. This part of the organizational plan does take a lot of additional planning, as it should cover a wide range of potential situations that are likely to occur during business operations.

Depending on the type of business you are running, these protocols will vary, however some main stay protocols to factor in will include, sales and delivery procedures, employee satisfaction and safety, customer interactions, and relationships with other company partners – to mention a few. Your employees need to also be up to speed on the majority of these day to day protocols, so that in their employer’s absence, they know the proper guidelines to follow in order to support daily business efficiency.

Having the Right Digital Systems

To further organize your business for the fall, it is also best to review the type of technology that make up your company’s operations. Not only will you want to ensure your hardware, computers, printers, and other devices are in properly working condition, you will want to readdress the software programs you are utilizing.

Perhaps this will include, having an overall software program that allows you to manage customer, product & services data, as well as the methods that are used to promote communication between staff, clients, and business partners. It is also important to look to the type of cyber security measures you have in place to protect your business communications.

Again, dependent on the nature of your business, the type of programs you use will differ. That being said, some considerations to make during this organizational stage should include, accessibly, efficiency, security and unique features that best align with your business needs.

Utilizing Time Tracking Tools

Another aspect of your fall business plan can be to consider using time tracking tools, such as various computer software and applications. While you want to ensure that you are not making employees feel undervalued during this process, you can however, help to promote employee and in turn, company performance by keeping track of how much time staff are spending on each task.

With this information on hand, you can re-establish job roles and procedures and also find ways to perform these tasks more efficiently. Subsequently, not only can this enable business organization, it can also help with employee job productivity and job satisfaction.

Continuing to Ask ‘Why’

Lastly, it is vital to review and adjust day to day business procedures, and this can be done by continuing to re-evaluate the ‘why’ behind how you approach every aspect of your business. The reality is that times do change and companies must continue to evolve and meet the demands of the clientele and the world as a whole.

Revisiting the processes and procedures you are using to run your business is a good place to start. If some facet of your business is no longer working, or could be done more effectively, then re-examining the methods you are using, is a critical part of this pre-fall organizational plan.

In the end, it is not a surprise that businesses require ongoing attention and adjustments. As a business owner, you have likely already seen and been involved in these types of practices. If you are in the process of starting to get organized for the upcoming months, then taking the time to move through these steps can help you to rev up your business for the fall.

Contact Leaders Insurance to find out how we can support your business with variety of insurance policies. We look forward to being apart of your successful start to September.


How to keep your pet safe while driving

How to Keep Your Pet Safe While Driving (3 tips)

Planning to drive safely should always to be a top priority. With that being said, when driving with pets in the car, there will also be some additional precautions you will want to arrange before heading out on the road.

Whether you will be venturing out on shorter trips or making longer hauls, here are 3 tips to help keep your pet safe while driving.

Choosing the Best Travel Equipment

One of the first steps you can take to ensure your pet’s safety is to purchase a product to help protect your pet while in transit. There are several options to choose from that range from harnesses and car seats to crates and carriers. Each serves unique purposes and can be a safe option for a range of pet needs.

Harnesses, for example will allow for some movement by your pet while in the vehicle, however will provide support if you are involved in a car accident. These devices will vary depending on the size of your pet – and in many instances, can be used for dogs and cats.

Car seats, on the other hand, are more commonly used for dogs that are small to mid-sized. These seats can be fitted to the size of your pet and again, in the event of sudden stop or collision, can provide added padding and security for your pet.

Lastly, crates and carriers are another staple for travelling with pets that are a variety of sizes. These containers of course, prohibit animals from roaming freely in the vehicle. However, it may also be a good idea to combine this travel hardware with a harness to add further protection to your pet while on route to your destination.

There are several factors that go into deciding which type of travel equipment is the most suitable option for you and your pet. That being said, it is a good idea to do some additional research to identify which one is ideal for your personal situation, at this of course includes what your pet can tolerate best.

Practicing Travel Training

Another very important part of this process is to help ease your pet into these types of outings by doing some travel training. Each type of travel method and travel equipment will likely use some getting used to so that your pet does not become too anxious or distressed while being on the move.

You can begin with shorter trips and then progress to some longer ones to allow for your pet to adapt to this new set up. Especially if you will be gearing up for extended travel, this added practice can be even more important and in turn, help to ensure the overall well-being of your pet.

Packing a Pet Travel Kit

One final, yet vital tip is to remember to pack your pet’s travel kit. This kit can include all of the supplies that they may need to be safe and content though out this excursion.

Supplies you will typically want to add to the travel kit are: a leash, food and water, the respective bowls, and any ‘bathroom’ essentials you will need, such as bags and tools to be able to attend to their waste, and if you pet is a cat, then also kitty litter and a kitty litter box.

Additionally, your pet may also greatly benefit from having some other comforts, including any toys or blankets that they use regularly at home. It doesn’t also hurt to travel with your pet’s health information, including immunizations and medications, and other veterinarian health records. These will come in handy, especially if you are travelling far from home and your pet might require emergency care.

When all is said and done, we want to protect our pets as they are an important part of our lives. These tips can allow you to keep your furry loved ones safe and sound as you travel around BC or beyond.

Having the best insurance in place is also well-worth the additional consideration and can help you protect your pet. By having a variety of insurance policies to cover your travel needs and your pet’s needs, together, you can all travel more comfortably and confidently.

Contact Leaders Insurance to learn more about the insurance coverage we offer that can best support your needs. After that, we hope you continue to enjoy the open road, with your beloved pet by your side.


Do I need renters insurance?

Do I Need Renters Insurance?

Are you planning on becoming a renter or currently are renting and want to know more about whether or not you should have renter’s insurance?

While it is not mandatory to always have renter’s insurance in BC, it is highly recommended in order to protect yourself and your possessions in a variety of important ways. That being said, in some cases, some landlords may require this as a part of your rental agreement.

Read on to learn more about the nature of renter’s insurance coverage and how it can benefit you.

Also known as tenant insurance, while the costs will vary, renter’s insurance can be quite affordable compared to homeowner insurance. Additionally, renter’s insurance can do quite a lot to help protect you, not to mention provide the peace of mind you need while continuing to live comfortably in a rental unit.

More about Renters Insurance

While the rental property owner will be primarily responsible for providing coverage for the building and surrounding property itself, this will not extend to your personal possessions as well as situations that relate to actions that may make you responsible for repairs and damages.

Insuring Your Belongings

To begin, it is a good course of action to have additional coverage in place to protect your own personal belongings. For example, in the event you fall victim to theft or damage to your possessions, renter’s insurance can provide coverage up to a certain value to help with the often high costs associated with replacing these items.

When determining how much coverage you might need, you can start by taking an inventory of your items and estimating the total value. The following are some items to factor into your evaluation:

Personally owned appliances and electronics, furniture, bicycles and equipment, clothing, collectibles, jewelry and any other valuable items.

In the end, then value of these items, when combined, can reach high amounts and so it is worth having this additional security in place, in the event they are stolen or damaged.

Personal Liability Insurance

As mentioned, the property owner will have their own liability insurance to cover damages to the building, etc., however as a renter, it is important to also have your own coverage to protect yourself.

While you are likely to be taking all of the added care you need while living in your rental unit, sometimes accidents can happen that can leave you responsible for damages or injuries to another individuals. If there is damage to the unit or injuries to others occur while in your unit and you are found liable, insurance can help with any potential legal fees you might incur.

In some tenant policies, liability insurance can even cover scenarios when you need to stay at a hotel or another place where accommodations will need to be paid for, while your rental unit is being repaired. Rental insurance can help cover some of these costs and can definitely be well worth having in place for a wide range of situations.

Additional Insurance Factors

Again, renter’s insurance fees will be determined by a variety of factors, and therefore, when identifying the specific coverage, you will also want to be aware of some specific information regarding the unit you are renting.

With this information on hand, an insurance agent can help find the best tenant policy for your needs, based on the following criteria:

The year the unit was built, the unit square footage, and then type of heating used in the building. Additionally, factors including how close you live to emergency services, such as the fire department can also play a role in how an insurance policy is curtailed to meet your unique rental situation.

With a variety of situations helping to determine the type of renter’s coverage you will need, an important step in this process is to connect with an insurance agent to ensure you have the best policy in place for your individual needs.

At Leaders Insurance, we are more than happy to work with you to arrange for the best tenant insurance coverage that will provide the most protection possible.

Contact us to find out more about renter’s insurance coverage in the BC region.