Home Insurance Simply Explained

    Home insurance (property insurance) protects you from losses to your home. It covers you if something happens to your home or if something happens inside of it. It also covers liability for accidents that might happen on your property depending on the policy.

    A Property insurance policy is highly recommended for your home, apartment, condo, farm or cottage wether you are the owner or tenant, however different policies & coverages do apply. Although not mandatory by law like auto insurance most people will not have an option as Mortgagee make it mandatory to carry adequate coverage based on the value of the property.