Home insurance

Homeowner insurance

Coverage options

To help determine what amount of protection is right for you, your insurance broker may ask you to complete A Record of Your Belongings worksheet designed to help you complete a listing of your personal property, from clothing to major appliances.

Reviewing this list with your broker will ensure that you have enough protection to replace all of your personal property in the event of a major loss.

Glass breakage deductible

For an additional premium, the deductible for glass breakage can be reduced. This is available for Home Paks I, B, II or III only.

Homeowner’s guarantee

When you qualify for this coverage, your policy will guarantee repair or replacement of your dwelling and outbuildings on their original site with materials of like kind and quality – even if the cost exceeds the amount of your insurance. For details, review our information on Homeowner’s Guarantee coverage.

Identity theft increased coverage

For an additional premium the basic cover limit can be increased for all Home Pak packages.

Increased limits coverage

When you qualify for this coverage, you are insured for homeowner’s guarantee with single amount of protection calculated at 150% of the dwelling amount of protection and enhanced limits for property with specific amounts of protection.

This option also provides for $3 million personal liability and enhanced limits for voluntary medical payments and voluntary property damage.

Rental home coverage

This option allows you to add protection for up to 6 rental homes you own and rent to others.

Seasonal home coverage

You can add protection for your seasonal home and its belongings to your Home Pak policy. Guaranteed replacement cost coverage is available at no additional charge (subject to some restrictions).

Sewer backup coverage

This coverage is available for an additional premium.

Special belongings coverage

You may require extra protection on special items like furs, jewelry, artwork, coin and stamp collections, musical instruments and bicycles.

Watercraft coverage

Boats, motors and their equipment can also be protected.