Key Property Insurance Coverages in Ontario
Home insurance in Ontario safeguards your most valuable financial investment against unforeseen property losses, personal liability suits, and water damage perils.
Primary Coverage Components
1. Dwelling Building (Coverage A)
Covers the physical structure of your home, attached structures, and permanently installed fixtures on a guaranteed replacement cost basis.
2. Detached Private Structures (Coverage B)
Protects structures separated from the main house, including detached garages, tool sheds, gazebos, and perimeter fencing.
3. Personal Property / Contents (Coverage C)
Covers your furniture, electronics, clothing, and household goods anywhere in the world against covered perils (fire, theft, smoke, windstorm).
4. Additional Living Expenses (Coverage D)
Pays for hotel lodging, restaurant meals, and moving storage if your residence becomes uninhabitable due to an insured loss.