Home Insurance Thunder Bay

As a homeowner, you need protection for all the belongings that you use most often. How would you get through the day without your computer, clothes, or kitchen stove? The cost of replacing all these items can be enormous.

With home insurance, you’ll have coverage for all the most important personal belongings. These include:

• Furniture
• Electronics
• Clothing
• Musical instruments
• Kitchen appliances
• Jewellery

The cost of these belongings adds up fast. Cover your replacement costs with home insurance in Thunder Bay.

Need coverage for your entire property? Detached structures like garages, fences, and sheds will be covered under this policy.

Accidents happen. Your child might be playing in the yard when they accidentally cause damage to your neighbour’s property. Or, you may have guests over, and one of them could slip on your ornate living room rug, causing them to break a bone. You may be held liable for accidents that occur in or around your home.

If you unintentionally cause bodily injury or property damage to another person, this policy offers coverage for incidents that occur on your property.

Is your home temporarily unavailable due to an insurance claim? While it’s being repaired, your policy will also cover the costs of hotel expenses and meals.

The residents of Thunder Bay know and love Lake Superior, a great body of water that’s known as the largest freshwater lake in the world. But no one wants their home to be full of water.

Not all forms of water damage are covered by your policy. If your home is damaged by overland flooding, most insurance providers will not cover it—unless you purchase an add-on for flood coverage.

Sewer leaks do more than damage your property—they also pose a health hazard for anyone in your home. Any of your belongings that come in contact with it will need to be replaced.

A basic home insurance policy will not cover damage related to sewer backups. For that, you need to buy sewer backup coverage.

The contents of your home are covered under your insurance—but there’s a limit to how much your insurance provider will cover. If you have a collection of valuables, you can extend your coverage by contacting your insurance provider.

Looking to expand your property insurance coverage? We can help with that. Give us a call to talk about what insurance add-ons can help protect your home.

To get the cheapest home insurance, take note of these tips:

• Maintain a claims-free history. Each time you make a claim, it will increase your home insurance rates.
• Bundle your insurance. By purchasing home insurance with the same provider as your car insurance, you may be eligible to save on your premiums.
• Mature customer discount. Those who are 55+ may be eligible for this discount.
  Install a security system. Lower the likelihood of theft by installing a monitored alarm.
• Add a water leak detection device. Stop water damage in its tracks with this monitoring system.
• Pay off your mortgage. Let your insurer know when your mortgage is fully paid off.

Concerned about the cost of your insurance? Given that a wide range of factors affects the cost of your insurance, there may be a handful of reasons why your rates are higher than average.

Keep in mind that the value of your home is not the only factor that affects your insurance costs.

Before you can get a quote for home insurance coverage in Thunder Bay, you’ll need to provide your contact information, location, and address.

The term of your insurance policy will depend on your provider. In most cases, home insurance can only be purchased in 12-month increments (similar to renters insurance). Our brokers can help you find a policy that suits your lifestyle and your budget.