Home Insurance Policy – General Statement
Purpose of this Policy
This Home Insurance Policy is designed to provide financial protection for homeowners and tenants across Canada.
It outlines the terms, conditions, and coverage offered by our insurance providers to help safeguard your property and personal belongings against unexpected events.
Scope of Coverage
Our standard home insurance policy includes the following coverages:
1️⃣ Dwelling Protection
Coverage for the physical structure of your home, including walls, roof, floors, built-in appliances, and attached structures (such as a garage or deck), against risks such as fire, wind, hail, vandalism, and certain types of water damage.
2️⃣ Personal Property Protection
Coverage for personal belongings inside your home, including furniture, electronics, clothing, appliances, and valuables, against covered perils such as theft, fire, and accidental damage.
3️⃣ Personal Liability Coverage
Coverage if you are found legally responsible for injury to another person or damage to their property — whether it occurs on your premises or elsewhere.
4️⃣ Additional Living Expenses (ALE)
Reimbursement for additional costs (temporary housing, meals, transportation) if your home becomes uninhabitable due to an insured loss.
Optional Coverages
You may customize your policy with additional coverages, including but not limited to:
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Flood Insurance (Overland Water)
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Earthquake Insurance
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Sewer Backup Protection
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Extended Coverage for High-Value Items (jewelry, fine art, collectibles)
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Home-based Business Coverage
Exclusions
Certain events and risks may not be covered under the standard policy, such as:
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Damage from normal wear and tear
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Damage caused by pests or animals
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Damage caused by intentional acts or negligence
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Certain types of water damage (unless specifically covered through optional endorsements)
A detailed list of exclusions will be provided in your official insurance contract.
Claims Process
In the event of a claim:
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Notify us immediately upon discovering the loss or damage.
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Provide all necessary documentation and details required to process the claim.
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Cooperate fully with the claims adjuster and any required inspections.
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Follow any additional steps outlined in your specific insurance agreement.
Governing Law
This Home Insurance Policy is governed by the laws of the province or territory in which the insured property is located.
All disputes relating to this policy shall be resolved in accordance with applicable provincial or territorial legislation.
Final Notes
We are committed to helping you protect your home and your peace of mind. This policy summary is provided for general informational purposes.
Your actual insurance coverage will be governed by the specific terms and conditions of your insurance contract.
👉 For full details and a personalized quote, please contact our team today.
We are here to help you choose the best protection for your home and your family.