Optional Toronto home insurance coverage and endorsements
Looking to further personalize your plan? You can also add optional coverage and endorsements (sometimes referred to as riders) to your policy for additional protection. The most popular is:
- Sewer backup: There is a lot of old plumbing infrastructure in the GTA. Make sure you’re covered if there are sewer issues in your area.
- Overland water damage: Flooding is known to happen in Toronto, especially near the Don River and Black Creek in the Jane and Wilson and Rockcliffe-Smythe neighbourhood.
- Earthquakes and landslide: Earthquakes happen in Toronto occasionally. The last was a 5.1 magnitude earthquake on May 17, 2013.
- Identity theft: Personal fraud is on the rise. Protect your identity and get assistance with recovery.
- Home business insurance: There are thousands of home businesses in Toronto. But many lack proper insurance. Are you insured?
- Watercraft: Take a ride on Lake Ontario or Muskoka with peace of mind in knowing you're adequately covered.
- Service line coverage: Construction is a constant in Toronto. Protect your property just in case a service line is damaged.
- Home equipment breakdown: Get extra protection for your home systems and equipment.
What extra Toronto home insurance can you get for personal belongings?
Whether you have a lot or a little, protecting your stuff is important. There are many ways you can customize your insurance to meet your unique needs. Often, our customers will add riders for high-value items and collectibles.
Get extra protection for:
- Jewellery, China, silverware
- Fine art
- Collectables and memorabilia
- Musical instruments
- Specialized sporting equipment
- High-value items
- Collections (records, comics, antiques)
These are often referred to as scheduled items - to increase the limits on certain types of belongings. These are special limits you can add to high-value items. These are not typically included in a basic policy. To maximize your coverage, you would list these separately in your policy.
For example, you could have a $5,000 limit for jewellery, $3,000 for your sports card collection, and $10,000 for art. You can customize these amounts based on the items you have at home.
You can also get coverage for things like:
- Lock replacement: If you lose your keys or have a break-in and need to replace your deadbolt.
- Freezer food: If you have a power outage and your food spoils.
What does home insurance cover in Toronto?
![houses in midtown Toronto, Ontario.]()
Home insurance offers a breadth of coverage for Torontonians. It protects much more than your physical home. It also covers your personal property, offers liability protection, and provides additional living expenses after an insured loss. What your plan covers can also depend on your dwelling type. You’ll have different needs if you live in a condo or townhome than if you live in a detached house.
Here’s a summary of what your home insurance policy includes:
- Dwelling: The physical building and detached structures on your land. This includes your dwelling, garage, shed, deck, pool house, pergola, and other fixed structures. You have coverage up to your replacement cost limit.
- Personal contents: Your belongings and items. This can include anything that you have in your home. Items include clothing, electronics, furniture, and décor. Get more information about your contents insurance options.
- Personal liability: Coverage for bodily injury and property damage. Personal liability can cover costs associated with legal fees because of a slip and falls, or if you cause damage to third-party property.
- Additional living expenses: Your plan will provide you with compensation for Additional living expenses if you need to leave your home after an insured loss. This happens when your home is uninhabitable and requires repairs to be completed. This can include costs for hotels, food, storage, and other expenses.
