Chances are that your average home insurance in Ontario will not list earthquakes as a covered peril. As such, damages resulting from earthquakes generally will not be covered. If you feel as though this is an option worth considering, discuss with one of McCAM’s home insurance brokers in Ontario about the details of this endorsement.
While this coverage is necessary to protecting your home from damages as a result of water overflow from clogged sewer lines or drain, sewer, or sump pump rupture, it may not be included in your policy. Discuss with a broker about the details of sewer-backup coverage and whether or not it may benefit you.
Home-based Business Coverage:
Do you work from home? Do clients come visit your home? If so, you may need to inquire about a home-based business insurance endorsement as your Ontario home insurance policy will not include coverage for company property or if something happens to a client while visiting your home.
Your recreational water vehicles, such as your boats or other watercrafts, will not be covered under your average Ontario home insurance policy. If you own any of these items, discuss with a broker about acquiring watercraft coverage in order to ensure they have adequate protection should something happen to them.