This is your primary residence building itself. Your Dwelling coverage encompasses your principal residence or mobile home and any attached structures and additions. These permanent fixtures and associated equipment are covered under this policy, provided they are not used for business or farming purposes.

To determine the qualifications of what is considered covered by your dwelling, please consult your insurer’s wording booklet.

Personal Valuables/Increased Limits Coverage enables you to increase the insurance amount for a specific high-value item that would otherwise surpass the limit provided in your base policy.

– Fine Jewellery
– High-value watches
– Wine and Spirits
– Works of Art
– Bikes

To be liable means simply that you are found to be legally responsible. If you are liable for injury to someone or found responsible for damage to another’s property, you can be sued for damages.

Accidents happen, and if one does occur and you’re deemed negligent, you could find yourself with a hefty settlement. This type of insurance is essential because it helps protect you from financial losses that may occur due to a lawsuit.

Standard insurance policies do not cover flood damage unless added as additional coverage.

Flood coverage will compensate for direct physical loss or damage from various causes if indicated on your Cover Page. These include floods and surface water that enters your dwelling at ground level or above.

In case of discrepancy, the documentation prevails.

Unlike typical houses, mobile homes include a few additional questions for a quote:

• It must be factory-built and CSA Z240 labelled. The label must be permanently affixed to the mobile home.
• Park Model trailer must be factory built and CSA Z241 labelled. The label must be permanently affixed to the trailer.
• Skirted and tied down. The manufacturer must approve tie-downs or;
• On a permanent foundation, meaning a full or partial basement, concrete pad, concrete pilings or foundation

Life insurance provides a crucial safety net, ensuring your family can maintain their financial stability and cover expenses like mortgage payments, outstanding debts, and future education costs even in your absence.

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