Homeowner Insurance in Ontario

Home insurance policies in Ontario are built around several essential coverage components that work together to provide comprehensive protection.

Dwelling coverage pays for the repair or rebuilding of the physical structure of your home following a covered loss. This includes:

• Your primary residence
• Attached and detached garages
• Sheds and other permanent structures on your property

Coverage is based on the cost to rebuild, ensuring your home can be restored after a loss.

 Personal property coverage protects your belongings inside or outside the home, including:

• Furniture
• Electronics
• Clothing and household items

This coverage ensures your personal possessions are protected if they are damaged, destroyed, or stolen due to a covered peril.

Personal liability coverage protects you financially if you are held legally responsible for injury to others or damage to their property. It helps cover:

• Legal defense costs
• Court‑awarded damages or settlements

Liability coverage applies both at your home and elsewhere.

If a covered claim makes your home uninhabitable, additional living expenses coverage helps pay for:

• Hotel or temporary accommodations
• Meals and food expenses
• Necessary living costs beyond your normal household expenses

This coverage allows you to maintain your standard of living while repairs are completed.

Ontario home insurance policies are available in different coverage levels, allowing homeowners to choose the protection that best suits their needs.

Comprehensive policies provide the broadest protection, covering both the building and contents for all risks except those specifically excluded in the policy wording.

Basic or named perils policies cover only the risks specifically listed in the policy. Losses caused by unlisted events are not covered.