Homeowner's Insurance

Your most expensive purchase may be your home, so it's vital to buy sufficient insurance to rebuild it in the event of a total loss. We calculate the current rebuilding cost of your home using an industry-accepted method based on costs obtained from contractors and appraisers. Due to soaring construction costs, please ensure that your home has been recently evaluated.

All of our homeowner packages automatically include amounts for detached outbuildings, your personal property, additional living expenses and personal liability. To ensure that you've bought sufficient insurance to cover the cost of replacing (new for old) all of the contents of your home in the event of a total loss, be sure to fill out one of our residence inventory forms.

You can choose to include any one of the following options in your homeowner package:
  • Home-Based Business Endorsement
  • Earthquake
  • Sewer Backup
  • Identity Theft
  • Umbrella Liability
  • Jewellery, Furs and other Valuables
  • Prized Collections

Condominiums

As the strata corporation is responsible for placing proper insurance on the building itself, the policy limit on the Condominium package must enable you to replace all of your personal belongings in the event of a total loss. Also, special aspects of owning a condominium require that you ensure proper coverage for condo-related coverages:

  • Unit Improvement and Betterments
  • Contingent Loss Assessment (common areas)
  • Unit Loss Assessment (your unit)
  • Liability Loss Assessment
  • To cover the Strata deductible

We can also provide coverage for the strata-titled building, whether it is a duplex or a huge complex.

Tenants

Info coming soon!


Pleasurecraft/Marine

Some marine insurers will include all items, both attached and unattached, used in the care, maintenance and operation of your vessel while others include only attached equipment. Personal Property on the vessel as well as tenders and their outboards, if any, are often included in the main hull limit; however, some companies list all items separately with their individual values, while still others include an automatic percentage with a maximum limit. Settlement in the event of claims can be on an Actual Cash Value or Replacement cost basis, sometimes depending on the age of your boat. Liability is often best covered under a Protection and Indemnity wording to cover the issues unique to watercraft.


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