Whether you own or rent, it is important to protect the people you love and the things you cherish. The ability to customize your home insurance to your needs has never been easier, and we are here to help you pick coverage most suited for you.Get an insurance Quote
Whether you have tenant, condo, or homeowner insurance, your coverage includes Personal Liability coverage at an amount that you choose. Liability coverage protects you in the event that a third party takes legal action against you. Most people realize this covers them if a guest hurts themselves on your property and sues you, but people are often surprised to realize that some policies will offer liability coverage that protects you from liability claims occurring anywhere in the world.
Your home is likely your largest single investment. As such, it is important to have it properly covered in the event of a loss.
There are many different types of homeowners insurance from a basic policy that covers you for fire loss, to a policy which covers you for almost anything that could occur.
Insurance coverage for the home should always be based on what it would cost an insurance company to rebuild the home after a loss. Rebuilding cost includes not only the cost of labour and materials, but also the cost to remove debris. Unlike new construction, there can be substantial costs removing the debris of the damaged home before you even begin re-construction.
It is important to note that rebuilding cost is often very different from real estate values.
Detached Structures – This is coverage for any detached garages or sheds
Personal Property – Coverage for your contents inside the home. It is important to discuss whether your insurance company will depreciate your contents in the event of a loss, or whether they allow you to go and purchase new items to replace your old items. You should also review the special limits with regards to your contents. All policies will limit the amount they will pay for items such as: Jewellery, furs, money, computer equipment, sporting equipment, CDs and DVDs and collectibles. You should always be fully aware of the special limits of insurance
Additional Living Expense – In the event of a fire, it often takes up to a year to rebuild your home. Additional living expense will pay for temporary lodging while your home is being rebuilt.
Liability – Your homeowners policy also includes personal liability coverage at an amount that you choose.
Contact us to help you tailor a home insurance policy specific to your needs.
Just because you do not own your apartment does not mean you should not have insurance. Tenants insurance covers your contents in the event of a loss, and also covers you for liability. Policies can be tailored to pay the value of your contents, or to pay for new contents to replace your old damaged contents. Often the minimal cost of tenants insurance can be covered by discounts on your auto insurance.
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Condo insurance is very similar to Homeowners insurance, except in many cases you are not required to insure the building. It is important to know that every condominium is different. Some condominium units require you to insure the walls, flooring, cupboards, and any fixtures and fittings, whereas other condominium corporations may only require you to insure your personal contents and any improvements or betterments you make to the unit. Condominium insurance may also cover you for losses assessed to you from the Condominium corporation, or even application of the condominium deductible.
Insurance for your cottage is extremely important considering you are not always there to monitor the property. We have coverage options available for a wide range of cottages from summer homes, to island retreats. Please contact us for details
Not every house is built the same. Elliott Insurance Services understands this and carries speciality markets for high valued homes and has extensive experience insuring heritage & plaqued homes.
High valued home insurance companies specialize in making sure you are properly covered & older homes need special care not only physically, but in terms of insurance as well.
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Everyone likes to save money on their insurance, and home insurance is no different. We have listed some possible areas where you could save money on your home insurance below.
You may be eligible for the Multi-Policy Discount which could save you up to 10% on your home insurance if you have an other policy with the same insurance company. Please contact us to discuss how we can take advantage of this discount.
Some companies will offer discounts if you allow them to combine your home and auto insurance into one policy. You may be eligible to combine your policies and save up to 17.5% on your policies. Please contact us to discuss if you are eligible to combine your policies today.
You may be interested in raising your deductibles to reduce your premium. Please contact us to discuss this and other cost saving options.
This is a very common question when it comes to insurance. Most people realize there will be some sort of resulting impact for putting in a claim on their insurance policy. Whether it be a loss of a claims free discount or a rate change, there is usually some sort of cause and effect with putting in an insurance claim…. Read more »
It’s time to talk about Water and Sewer Lines. This is one area of our home that we take for granted. Updates to heating, your roof, gardens and the interior of your home are always on our minds. However, the water and sewer lines underground are often forgotten. Yet, when these lines aren’t working properly, it can cause major headaches. With all… Read more »
No one likes over paying for insurance, so when you see a deal that you think could be better, it’s pretty tempting to make that switch. The real question is, should you make that switch? Today we will try to break down the reasons why you should switch companies and also the reasons why you should stay with your current… Read more »