Home Insurance in Durham Region & Across Ontario

Coverage Options

Packaged Policies Take the Guess Work Out of Your Coverage

Most homeowners, condo, and tenant policies are available in package form which means that the basic coverages you need are already included in the package. Package form types that are available for you include:

Fire & Extended Coverage Form

• The most basic form of coverage for your home with limit to no additional “frills”.
• This coverage does not always provide sufficient coverage to meet the requirements of a standard mortgage.
• Coverage is very limited but the cost for this policy is lower as a result.

Basic/Named Perils Form

• Provides coverage for only for specific named perils, such as fire, lightning, and explosion.
• On a home policy, this form would provide coverage for your structure, lower limits for personal property, and your personal liability.
• Coverage is less limited than the Fire & Extended Coverage form but there are better coverage options available. 

Broad Form

• On a home policy, this form would provide comprehensive “all risk” coverage for your building, but your personal property would only be covered for specific named perils.
• On a tenants or condo policy, this form would provide named perils coverage for your personal property.

Comprehensive Form

• A Comprehensive form is the most purchased and most highly recommend policy form.
• On a home policy, this form would provide comprehensive “all risk” coverage for your building and personal property
• On a tenants or condo policy, this form would provide comprehensive “all risk” coverage for your personal property.

Examples of claims that would not be covered:

Wear and Tear/Gradual Deterioration – Items do wear out over time so there is no coverage for this type of loss.

Settling, Expansion, Contraction, Moving, Cracking – When a new house is constructed, it will begin to “settle”. It could be over the course of a couple of years that the house settles, expands or contracts and this could result in some damages to the building. Cracks in ceilings, foundations, or mouldings that were a result of the house settling are not covered by the policy. 

Caused by Seepage or Leaking – Losses due to continuous seepage or leaking are not covered by your policy. These types of losses are considered to be more of a maintenance issue that requires repair rather than a sudden and accidental type of loss.

Caused by Freezing During the Usual Heating Season – Your policy may not provide coverage for freezing if you have been away from your premises more than 4 consecutive days unless you have either arranged for a competent person to enter your dwelling each day you were away to ensure that heating was being maintained or you have shut off the water supply and had drained all the pipes and domestic water containers.

Optional Coverages

Sewer Back-Up Endorsement

This endorsement will provide coverage for damage as a result of water that backs up or overflows from a sewer, drain or sump, subject to your deductible.

Overland Water Endorsement

This endorsement provides coverage for the actual loss or damage caused by overland water including the sudden and accidental backing up or escape of water or sewage from a sewer, sump pump or septic system resulting from overland water provided there is evidence the overland water has also entered the building from an entry point other than the sewer backup itself, subject to your deductible.

Service Line Endorsement

This endorsement provides coverage for the costs of excavation and replacement of your water lines, power, data and communication services lines in the event of damage

Home Equipment Breakdown Endorsement

This endorsement provides coverages against loss of damage to your electronics, appliances, and home systems against unexpected mechanical, electrical or pressure-system breakdowns.

High-Value Item Coverage

You may also want to remember that your policy may contain Special Limits of insurance for certain types of property and/or for certain types of losses. There are options available for you to “Schedule” certain items of value on to your property policy in order to ensure that they would be properly and fully covered in the event of a loss. Items with special limits of insurance for certain types of losses on your property policy are Jewellery, Watches, Gems, Fur Garments and Garments Trimmed with Fur, Bicycles or E-Bikes, or Collectibles.