Protect Your Home with the Right Insurance

By Pamela Foshay, CIP, CAIB, Best Buy Insurance Brokers

Did you know that in Ontario, you are not required by law to purchase home insurance? 

However, if you are getting a mortgage, most lenders require that homeowners buy some sort of coverage. 

Not all home insurance policies are created equal. Coverage will differ based on your particular policy, what type of residence you live in, and other factors.

For example, some policies will cover not only the structure of your home, but also detached structures on your property such as sheds or fences. 

Many policies also offer protection for your personal belongings and include liability coverage, which protect you against legal ramifications should someone injure themselves on your property or should you accidentally cause damage to a neighbour's property. 

Want more information on how to get the right insurance for your needs and budget? Contact Pamela directly at 905.434.1449 or pamela.foshay@bestbuyinsurance.ca, and tell her you saw her article in my newsletter.