Sewer-Back up & Overland Water Insurance, you may want to consider adding sewer back-up and overland coverage for extra protection.
Sewer Back-Up is water damage from the back-up or escape of water/sewage from a sump pump, sewer, or septic system.
Overland Water Insurance (often referred to as flood insurance) is when surface water enters your home, perhaps through a door or window, for example. Each insurance company defines it slightly differently, but it may provide coverage for damage from an overflowed lake or river, or the sudden overflow of water from surface waters (rainfall, thaw).
Umbrella Liability Insurance
Umbrella liability insurance is a type of personal liability insurance that covers claims in excess of regular home, auto or watercraft insurance policies and gives you an extra cushion of protection if the worst happens.
Earthquake insurance is not required in Canada but it’s an add-on to your condo insurance policy that may allow you to sleep better at night.
Valuable Articles Insurance
If you have pricey items including jewelry, art, antiques and other valuables, it may be worth the extra insurance for these belongings. Valuable articles insurance may limit the number of valuables that you can insure and may allow you to avoid paying a deductible for certain types of losses. Remember, every condo is unique so you will have different options than your neighbours. If you have any questions, please reach out to one of our brokers. Our job is to help you find what you need, quickly and easily.