There are many costs that come with owning a home, and it’s easy to consider your home insurance in Leamington as just another bill to pay each month. While it's true that homeowners insurance is often required by mortgage lenders since it safeguards their investment, it really is in your benefit to purchase a policy. Having a great insurance plan in place allows you to live your life with confidence knowing you never need to worry about losing everything you own if a disaster were to ever strike. No matter what level of coverage you’re looking for, HUB International is dedicated to helping you meet your lender’s requirements and protect your home at a reasonable price.

Review Your Policy

As you make changes and renovations to your home, your current home insurance in Leamington may no longer be sufficient for your needs. It is always a good idea to talk to your insurance broker before you make any major changes to learn if will have any effect on your premium. In some situations, you may need to adjust your coverage limits or add a policy rider to your plan. There are several upgrades or life changes that can have an impact on your overall rate:

• Adding a swimming pool or trampoline: While a new pool or trampoline might be your child’s dream come true, these additions to your yard can be dangerous which may bring up the cost of your insurance premium. A few ways to help keep the kids safe and prevent your premium from skyrocketing is to leave off the diving board, install fencing around the pool, and the purchase a trampoline with netting around it.
• Getting a new dog: While most policies for home insurance in Leamington will cover any charges you are liable for if your dog bites someone else, it is not uncommon for insurers to deny coverage for breeds that are notorious for aggressive behavior. All policies are different, so it is worth learning your insurer’s policy beforehand. Some insurers may only deny coverage to dogs with a bite history regardless of breed.
• Remodeling your home: If you’ve made major renovations to your Leamington home, it is likely that the overall value of your home has increased. This means that it will cost more money to restore your home if an emergency ever occurs. You may need to increase your coverage, which will raise your premium.
• Installing a wood-burning stove, fireplace, or fire pit: It should come to no surprise that additions to your home that are potential fire hazards can hike up the costs of your policy. However, installing smoke detectors may give you a discount.
• Purchasing valuable items: Artwork, jewelry, and other expensive items often cost more than your typical homeowners insurance policy covers. You may want to consider jewelry insurance or other additional coverage to make sure you are compensated if your valuables are stolen or damaged in an accident.
• Home security features: Adding new safety additions to your home helps keep your family safe and can bring down your premium. This can include installing a new burglar alarm, adding storm shutters, or even replacing the locks on your door.

No two plans for home insurance in Leamington are the same, and your personal situation will have an impact on your policy’s premium. Most policies offer coverage for dwelling damage, other structure damage, additional living expenses, personal liability, and your contents. You should always be insured for the cost of rebuilding your home and replacing your personal belongings. Your home and situation will certainly change after you purchase it, so make sure to keep us up to date. Our representatives provide assistance to new and existing customers, and we can make changes to your plan as needed.