Coverage details
Explore our included and optional home insurance coverage details.
Coverage that’s made to fit
These are just some of the items covered under the Prestige plan of home insurance. For details on our more affordable Classic plan, or for any other questions, talk to a financial representative.
For coverage details in Quebec, read the Quebec home coverage and Quebec condo coverage resources.Included coverage
Damage coverage
Protect your home from damage due to things like fire, lightning, theft, hail, break-ins, ice or windstorms.
This also includes separate structures, like a detached garage or boat house.
Personal items
We offer the replacement cost for things like computers, books, jewelry, and motorized vehicles like golf carts.
Higher value items might require separate insurance.
Liability coverage
We’ll cover up to $3 million for accidents that may happen on your property.
You can add increased coverage, up to $5 million, for even more protection.
Recurring damage protection
Our unique TomorrowStrong® coverage helps prevent recurring damage after a claim, with:
- Up to $3,000 to rebuild with roofing materials that offer better protection against wind, hail and fire
- Up to $1,500 to rebuild with straps that prevent roof uplift in hurricanes and tornadoes
- Up to $1,000 to add other loss prevention measures, like a security system or water-leak detector
Unit upgrades – Condo and Tenant
Protect any upgrades you make in your unit, like new flooring, smart lighting, or upgraded fixtures.
Deductible protection – Condo
As a unit owner, you may need to pay a portion of your condo corporation’s deductible after a claim -- we’ll cover up to $25,000 for an insured loss.
Fraud protection
We cover up to $10,000 for Identity Fraud Recovery Expenses and up to $6,000 for credit card fraud.
Additional items included in home insurance
Bicycles
$4,000 per bike
Business books, tools while on premises
$5,000 limit
Debris removal
Up to personal items limit (for condo and tenant) or dwelling limit (for house) plus 10%
Dwelling and vehicle lock replacement or re-keying
$1,000 limit each for dwelling and vehicle, no deductible
Coin and money collections
$3,000 limit
Collections
Collectible cards: $3,000 limit. All others: $6,000 limit
Family member’s property in health care facility
$10,000 limit
Jewellery, gems, watches, furs
$6,000 total, $4,000 per item limit
Outdoor trees, plants, shrubs
5 or 10% of property limit, maximum of $500 or $1,000 per tree
Student property
Up to personal property limit
Securities
$7,000 limit
Stamp collections and manuscripts
$3,000 limit
Watercraft and equipment
$4,000 limit
Optional coverage
Comprehensive water
Protection from sudden and accidental water damage caused by:
- Water, septic or sewer backups
- Storm surges
- Waves from a storm or hurricane
- Flooding from any body of water
- Water from extreme weather
- Rising of the water table
Claim forgiveness
Your premiums won’t increase after your first claim.
Earthquake damage
This coverage extends your policy to cover damage caused by earthquakes, like any cracked walls or broken picture frames.
Home-based business protection
- If there’s any damage to your business inventory in your home, we’ll cover the costs up to $30,000 (and up to $7,000 if it’s away from home, like at a trade show or conference)
- We’ll replace up to $1,000 for any cash that is damaged, lost or stolen
- If you need to move your business during an insured loss, we’ll provide up to $10,000 to help keep your business running
Rental property income protection
If a tenant must move out of your property because of a claim, we’ll help cover the loss of rental income. This is included in base packages, but you can increase this coverage for more protection.
Short-term rental protection
Short-term rentals coverage is for any property that’s rented out for a maximum of 180 days per year. Talk to a financial representative if you’re looking to add short-term rental coverage to your insurance.
Wind or hailstorm deductible endorsement
You can reduce your premium by applying a higher deductible for windstorm and hail claims.
Sustainable home upgrades
With Enviroguard®, we’ll cover an additional 10% of your claim, up to $50,000, to repair or replace property with more environmentally responsible alternatives, like environmentally friendly building materials, energy efficient appliances, or sustainably made clothing and furniture.
Swimming pool coverage
This coverage extends your policy’s liability coverage to include a swimming pool. This is included in base packages, but you can increase this coverage for more protection.
Escape of fuel oil
If you use oil to heat your home, this covers you for damages caused by oil leaking from your tank. Talk to a financial representative if you’re looking to add this coverage to your insurance.
Have a question about coverage?
Your financial representative can help you understand home insurance coverage details and how to customize a plan to fit your life. Not a client yet? Call 1‑877‑545‑2667 or find a financial representative.