Damage To Interior or Exterior of Your House
In Ontario, home insurance is not required by law, but most banks will require you to have home insurance if you have a mortgage. Your home is likely your largest investment, so it usually makes financial sense to have your home insured.
Most home insurance policies consist of property and liability insurance. Property insurance covers damages to the physical property of the home, including your contents such as furniture, electronics and jewelry. Liability insurance is designed to cover the actions that you take and events that can happen at your property. If someone falls down your stairs or your dog bites someone, your liability insurance can provide coverage to protect you from that lawsuit.
Property insurance can be broken down to three types: Basic/Standard, Broad and Comprehensive. Our Brokers always suggest a comprehensive form. This covers your home against damages from a wide variety of perils such as: fire, lightening, flood, hail, wind and water. It is also important to be aware that there are some events not covered by insurance. Our Brokers will assess the risk and advise you of the best possible coverages.
Personal Liability for Damage or Injuries
Having a liability policy is crucial in the event a lawsuit is filed by others against you. Someone falls on your property, your dog bites someone or possibly someone falls down your stairs. If an injury occurs they then have a legal right to sue you and you would not want to pay for any judgements against you so having coverage will protect you from the lawsuit. There are many moving parts to homeowners insurance and in order to really have a full understanding of the protection you need it is highly advised to speak to a registered insurance agent as they have been trained and have the knowledge to better inform you of your protections and liabilities. United Link Insurance Brokers understands the type of homeowners policy you will need. Our job as your agent is to find you the best insurance price out there while still maintaining the level of protection you want
Call one of our Home Insurance Specialists now for a quick no obligation quote.
Our Insurance Brokers Are Standing By
Wes and Joanna were highly recommended by our close friends and a co-worker. Robert (Paquin?) is the broker we worked with and he was awesome! Very knowledgeable and saved us a lot of money, we will definitely refer anyone needing insurance to them! tks again.
In most cases yes your possessions are insured, but, your insurance company may carry maximin limits you will be insured for no matter the value of these expensive possessions. It is highly advised to speak to a Sudbury Insurance Broker who will work hard on helping you protect your prized possessions.