IMPORTANT NOTICE

Is your residential insurance up to date?

It is important to communicate with your insurance broker to advise them of any changes that may require a modification to your insurance policy. If you answer YES to any of these questions, call us at 1-800-363-0960.

  • Have you done or are you planning on doing any renovations or major repairs to your home?
  • Have you acquired any jewelry, valuables, antiques or works of art?
  • Have you installed a pool, spa or sauna?
  • Have you installed and/or replaced an auxiliary heating system (i.e. wood, gas, oil)?
  • Do you carry out any professional activities or commercial work at home, store any work-related equipment (e.g. tools or computers)?
  • Have you installed or deactivated a home alarm system?
  • Do you own a dog of a breed known for its aggressiveness or an exotic pet?
  • Have you modified your home to accommodate tenants or boarders?
  • Do you offer daycare services at your home?
  • Have you purchased new property (land or residence)?
  • Have you stored any property away from your insured residence for more than 30 days?
  • Is your residence vacant or unoccupied for periods exceeding 30 days?
  • Is there a new person living in your residence?
  • Have you changed profession, employer or retired within the past year?
  • Do you rent your home, or a part of your home, to others on short basis?

RISKS AND COVERAGE

Insurance is constantly evolving. Although we try to advise you of all the protections available, it is important that you verify your policy to ensure your coverage meets your needs. Here are some examples of the protections that are available (depending on your province and eligibility):

Water Service Pipe or Service Line coverage;

·        Above Ground Water coverage;

·        Earthquake coverage;

·        Claim Protector;

Swimming pool protection ;

·       Sewer backup protection;

·       Overland protection;

·       Rental income protection.

OBLIGATIONS OF THE INSURED

The Insured shall promptly disclose to the Insurer any conditions that increase the risks stipulated in the policy and that are the result of the Insured’s acts and deeds, if they are likely to materially influence the Insurer in establishing the premium rate, risk assessment or its decision to maintain coverage in force. Here are some examples of circumstances that may increase the risk:

Commercial or professional activities;

·       Addition of an auxiliary heating system (e.g. wood stove);

·       Renovations that have an impact on the value of your property;

Short-term rental of your residence or part of it;

·       Vacant or unoccupied premises.

WATERCRAFT

If you purchase a boat, please remember that all boats are subject to specific limits in case of direct loss, and that some boats are only covered for liability if they are specifically mentioned in the policy. Please contact us to analyze the benefits of having specific boat insurance

EXCESS LIABILITY INSURANCE

Excess liability insurance, also known as Umbrella insurance, adds additional liability coverage to the existing liability coverage provided in your basic insurance policies (home, car and, if applicable, boat insurance).

EXCESS LIABILITY INSURANCE

Excess liability insurance, also known as Umbrella insurance, adds additional liability coverage to the existing liability coverage provided in your basic insurance policies (home, car and, if applicable, boat insurance).

UNOCCUPIED DWELLING

In the winter, you must take precautions to avoid water damage caused by freezing. You must either have a competent person enter your dwelling on a daily basis to make sure the heating is being maintained, or shut off the water, and drain all the systems and appliances. If you do not take one of these precautions, the insurer can deny any coverage if you have water damage. Call us to get more information on the subject.

This summary of coverage is provided for your information only. Although it has been carefully written, the policy issued by the Insurer prevails and sets out the rights and obligations of all parties.

Kacy WilsonImportant Notice