Homeowners insurance provides financial protection for your house or condominium, personal belongings, and usually provides personal liability coverage for members of your household.
The goal of homeowners insurance is to ensure that your family is made financially whole after a major event, like a fire or flood. You pay a premium (the cost of your policy) to an insurance company and they agree to bearing the risk of loss in the future.
While Canadian law doesn’t require you to purchase homeowners insurance, it’s in your best interest to protect your family from significant financial loss. Afterall, for many people, their home is their largest asset.
Educating yourself about homeowners insurance can help your family avoid costly surprises, save money on premiums, and feel more confident in your policy’s ability to protect your family’s financial future.
There are many policies available and it can be challenging to choose the right one – not all policies are created equal and you can end up with too little or too much coverage. Working with an insurance broker simplifies the homeowners insurance shopping process by:
AP Insurance is a team of brokers focused on offering our clients the best products on the market that adapt to their lifestyle. We offer auto, home, business, liability, travel, medical insurance and more.