Home Insurance: Saint John, NB
Home Insurance Details
Your home insurance policy may not protect all your property. Any additional structure on your property may need to be included in your policy. Most home insurance policies don’t include any damage to the rest of your property, such as a carport, detached garage, tool shed or dock.
Inform your insurance team about any of these additional structures. Work with your broker to find the replacement value of your additional structures and provide complete coverage in case of fire, flood or other disasters.
Small structures can be surprisingly affordable to add to your policy, but if they aren’t added then you won’t receive any insurance support after a disaster. Work with a broker to determine the best coverage for these additional structures and find out how you can save by bundling them with your home insurance, car insurance and other policies.
In the same way, personal property may be a separate area of coverage for your Saint John home insurance policy. If you have particularly valuable items in your home, whether it’s a designer wardrobe, priceless antiques or valuable artwork, increase your personal property protection policy. When the worst happens and you become the victim of theft, be sure you receive the insurance support you need to restore your home.
Work out an estimate of the value of your belongings and protect them with the right policy. While memorable photos and souvenirs can never be replaced, choose an insurance policy that will give you the financial support you need to restore your home and purchase new belongings, furniture and valuables.
Many homeowners forget to update their policy as they update their home. If you add a garage, remodel your kitchen or finish your basement, you may be adding significant value to your home. Increase your replacement value coverage to accommodate the new value of your home. That way, you can restore your home with all your beautiful remodel projects with additional stress.