#DowntownOttawa

Why You Need Tenants Insurance

At Jul 12, 2017
When entering a new lease with The Properties Group it is required that all tenants, both residential and commercial, acquire tenant insurance. As a renter, considering insurance is not usually considered at all. According to Statistics Canada, less than half of residential renters purchase tenant insurance when entering into a new lease. Protecting your business and personal life is important to us. Renters insurance will help protect you and your possessions in the event of a loss or damage. Here is a quick breakdown on what tenant insurance can do for you. Protection As a tenant, you may not own your space, but you do own everything in it which can include furniture, fine jewellery, equipment, and entertainment products. In the case of an unfortunate mishap, without tenant insurance all of these products will not be covered and you will be responsible for refurnishing your unit. These unexpected costs can lead to serious stress on your personal or professional life. Liability Personal liability is a critical factor to consider in regards to why tenant insurance is important. Even though you may not consider your belongings to be of value, that does not mean your surrounding neighbours feel the same way. Imagine a fire that sets in your home or business and effects the surrounding units, you could be held financially responsible for any damages that you cause, even if it is accidental. Tenant insurance also covers legal and medical bills if you are found at fault in an unfortunate event. Affordability Tenant insurance can be a life changing service that is easy to obtain and comes at an affordable cost, purchased at an average of $20 - $30 a month. Statistics Canada studies show that tenant households that bought tenant insurance spend an average of $309, less than half of what homeowners pay. Combining your tenant and auto policies can also help lower your premiums. Compare prices through insurance professionals to find the best fit for your needs. Whether you are a business owner or residential renter, the importance of understanding basic tenant insurance will help you achieve a piece of mind.  For more information regarding tenants insurance and our policies, contact an agent today at 613-237-2425.  
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Advantages Of Working In An Office Space

At May 15, 2017
With the increasing popularity of working from home in the last decade, more and more employees are ditching the office and heading to a local coffee shop or their home work station with nothing but the internet and a smartphone to get their work done. Without a doubt, there are many advantages to working from the comfort of your home, however there is certainly still important advantages that remain when considering the benefits of working in an office setting. Motivation With others around you chipping away at their day and completing their tasks, it's hard not to motivate yourself to do better everyday in an office. Most people are lucky enough to have co workers who encourage them to do better and praise them in person for a job well done which keeps employees highly motivated and feeling good about themselves, while successfully working from home requires an extreme amount of self discipline and focus. Social Factor The social factor plays a huge part in why going to work in an office setting has an upper hand. The office is a place where co workers become life long friends, team building allows you to get to know and respect one another on a more personal level and can make the possible transition to a new city or town an easy one. You are able to make new connections and network on a daily basis if you choose too in an office setting. For some, working from home can feel more like isolation, and in severe cases no interaction all day can even lead to a feeling of loneliness and even a mild depression. Collaboration We all know that collaboration leads to innovation which ultimately leads to groundbreaking ideas that shape a company's success. Communication is easier in the office, having the opportunity to engage in a quick in person meeting when ideas come to mind makes working in an office setting favorable to those who value this important aspect of their career.   All in all, depending on what your role is, working from home may not always be the best fit. If you are glued to your desk for 99% of the day, and prefer to have your privacy with little interference, working remotely is a fantastic option. If your job requires collaboration and you thrive off interaction in order to be successful, then the office environment is for you. For listings of available office space, click here:
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    The Properties Group Management Ltd. is a real estate investment and management firm engaged primarily in the acquisition and management of residential and commercial properties throughout central and eastern Canada. It is our mission to provide superior value to our tenants and investors.

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