Congratulations on your new home! While you’re working on packing up and getting settled in your new residence, be sure you take the time to protect all the hard work you put into finding your dream home. HUB International is here to help with superior home insurance in Calgary. Our brokers go to every length to provide you with coverage that fits your every need without compromise. Whether or not you’re required to have home insurance as part of your mortgage, it’s most certainly best to have it anyway.
Don’t Risk What You’ve Gained
Unfortunately, it doesn’t take much for you to lose your home. Everything from flooding and fires to earthquakes and even wind can demolish your home, leaving you with both a physical and a financial mess to clean up. There are several fundamental parts of home insurance in Calgary to consider:
- Medical payments coverage
- Dwelling protection
- Liability coverage
- Additional structure protection
- Personal property coverage
- Additional living expenses coverage
If a guest is injured while on your property, it could result in considerable medical costs. To preserve your friend’s financial health, including medical payments coverage on your home insurance plan will take care of the resulting hospital bills, regardless of the party at fault. Say that you are found to be responsible for someone’s injuries while she or he is on your property. Under such circumstances, liability coverage will take care of any resulting lawsuits the injured party decides to bring against you.
Should your home or structures attached to your phone ever sustain damage in the future, dwelling protection handles the cost of repairs.
Do you have a toolshed, carport or similar structure on your property that’s not attached to your home? If so, look into adding additional structure protection to your home policy. That way, you’re financially covered if those structures are ever damaged.
No matter where you live, crime knows no address. Say that you come home from vacation to discover your home’s been robbed and some of your property was damaged. Personal property protection will reimburse you for the stolen or damaged items, giving you one less thing to worry about as you start putting everything back together.