When it comes to home insurance coverage, everyone wants to be covered under the best policy that they can afford -- and rightly so. But what some people fail to understand (or in some cases remember) until it's too late is that Fort McMurray home insurance policies don't cover everything.
What we mean by this is simple. But before going further, let's take a look at what you can expect most policies to cover, even though you should already be familiar with that. Before purchasing a policy we cannot stress enough the importance of familiarizing yourself with what the latter entails. However, we are aware that some people don't do this, and this is why this article exists. :-)
Generally speaking, you can expect most policies to cover disaster such as fires, vandalism and thievery. And most of the time, being covered under only one kind of home insurance policy is enough.
But not always.
Assuming that your Fort McMurray home insurance policy covers you against every peril out there is a very dangerous assumption. As some people have found out, this is far from being the truth. Here is what most home insurance policies in Canada don't cover:
So what can you do to make sure that your Fort McMurray home is protected against losses related to those perils?
The answer comes in the form of additional coverage that you can purchase for additional peace of mind. For more information on those policies and whether or not you need them, we encourage you to give a call to your insurance company or insurance broker.