Home Insurance – Comprehensive

What is Comprehensive Home Insurance?

Comprehensive home insurance covers your building and other structures on your property, as well as your personal belongings from all risks, other than specific exclusions.

Buying a home is usually the largest purchase most of us will ever make. So it makes sense to want to protect it thoroughly with comprehensive home insurance, which as the name suggests gives you the most complete coverage.

What Does Comprehensive Home Insurance Cover?

Like all home insurance policies, comprehensive coverage reimburses you for losses caused by fire, theft, vandalism or other accidental damage such as water damage due to a toilet or appliance malfunction. With comprehensive home insurance, the building itself, other structures on your property, and your personal belongings are protected from all risks, other than specific exclusions.

What is Not Covered by Comprehensive Home Insurance?

There are two areas of risk not usually covered by any type of home insurance policy, which are:

1. Uninsurable Risks: if damage to your home is due to plumbing pipes freezing in winter, this is not covered or insurable since it is considered to be preventable with proper home maintenance. Other examples of uninsurable risks or perils are:
   • Animal or insect damage
   • Pollution
   • Water damage caused by sewer back-up
   • Flood damage caused by overland flooding
2. Additional Coverage Options: since many of us in Ontario don’t live in earthquake prone regions, damage due to earthquakes is an optional coverage. More frequently chosen options include protection against sewer back-ups or other causes of flooding. Learn more about what’s normally covered by home insurance in Ontario

Learn more about the home insurance exclusions.

Our insurance experts would be happy to make sure you feel protected in your home. Simply contact us at Mitchell & Whale Insurance Brokers at 1-800-731-2228 or email us at info@mitchellwhale.com. We’ll do the research and get quotes for your consideration.