Introduction
Your home is likely your biggest investment, so having the right insurance protection in Ontario is essential. Learn how to avoid common coverage gaps that could leave you exposed.
What Does Home Insurance Cover?
Standard policies protect against fire, theft, and some water damage. Liability coverage also protects if someone is injured on your property.
Common Gaps to Watch For
- Flooding: Overland flooding is typically excluded. Consider separate flood insurance.
- Sewer backup: Often requires an endorsement to your policy.
- Wear and tear: Damage due to aging or maintenance neglect is not covered.
Tips for Keeping Your Coverage Updated
- Inform your insurer after renovations or big purchases.
- Keep an updated home inventory with photos and receipts.
- Review your policy annually to ensure adequate limits.
Conclusion
Proper home insurance helps protect your home and peace of mind. Reach out to Garitas Insurance for a personalized review today.