Summer can take a toll on your home. Do you have the right insurance? Take this test, from Kanetix.ca
From heat waves and flash floods to backyard celebrations, summer can take a toll on our homes. Do you have the proper insurance? And what are some of the common misconceptions?
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Installing a pool or hot tub won’t impact my insurance. FALSE.
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If there is a power failure and the food in my freezer spoils, my insurance policy will cover the cost of the food. TRUE.
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Water damage is covered under home insurance. MAYBE. To find out more, click here
If my friends get carried away at my barbecue party, either with alcohol or fireworks, I’m not responsible. FALSE.
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I’m doing some upgrades to my home this summer – my home insurance covers any accidents or mistakes made by my contractor. FALSE.
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Damage to my lawn or garden is covered under my homeowner's policy. MAYBE.
Replacing an exterior wall or roof may change the classification of my policy. TRUE.
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If I leave my home for an extended period of time while it's undergoing renovations, my policy is still valid. MAYBE.
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Damage caused by insects or rodents will be covered under my home insurance policy. MAYBE.