The Risks Covered by Ottawa Home Insurance

Are you a homeowner looking to protect your property? If so, purchasing home insurance in Ottawa may just be the answer. Home insurance is a type of property insurance that protects your home and its contents in cases of damage or theft. It also provides coverage for legal liability arising from an accident on your premises or elsewhere. In short, it ensures that your home is properly protected in the event of an unexpected incident. 

The Risks Your Ottawa Home Is Exposed To 

As an Ottawa homeowner, it’s important to be aware of extreme weather conditions in the region when deciding on the type of insurance coverage you want to buy. 

Below, we discuss in detail some of the common risks that homes face in Ottawa: 

Severe thunderstorms 

The Ottawa region is susceptible to severe thunderstorms. This includes torrential rain, hail, and lightning. These weather events can cause severe damage to a house’s exterior. This type of damage is usually considered an insured peril, but it’s always recommended that you review your policy to ensure you have adequate coverage. 

Burst pipes  

In winter, the temperatures in Ottawa can fall to -30°C. This can increase the risk of burst pipes and water damage. Water damage is usually covered by basic home insurance policies. However, you should make sure your policy provides sufficient limits. 

Flood water  

Ottawa can be vulnerable to flooding and overwhelming thaws because of its proximity to the Ottawa River. Flood protection is recommended for Ottawa homeowners. This will cover homeowners for any damage that may be caused by flooding from nearby waterways. Flood protection is not included in most basic policies, so you should request this additional coverage before buying your home insurance. 

Strong winds  

Ottawa’s strong winds can cause damage to homes. Strong winds can cause damage to your roof, windows, and other structural components of your house. Most home insurance policies include wind damage coverage.  

Earthquakes  

In June of 2010, Ottawa experienced its strongest earthquake to date. It was the strongest earthquake the region has seen in the past 65 years. The 30-second tremor had a magnitude of 5 on the Richter Scale. The epicenter of the earthquake was in Buckingham, Quebec (about 65 km north of Ottawa).  

Although strong earthquakes aren’t always frequent in this area, it’s recommended that Ottawa homeowners add earthquake coverage to their policies. This coverage is not usually included in insurance policies, so it will be an extra cost. 

Benefits of Home Insurance in Ottawa 

Home insurance provides financial protection against any losses incurred due to fire, theft, vandalism, natural disasters, third-party liability, and more. It’s important to note that not all policies are similar, and it’s best to carefully read through the details of your coverage before purchasing. 

Whether you are an Ottawa resident or reside elsewhere in Canada, as a homeowner, you need to have some form of protection for your home and possessions against unforeseen damage or loss.  

Home insurance ensures that if something does happen, you’ll have sufficient financial coverage that will protect you from major financial setbacks. It’s important to invest time into considering what kind of coverage makes sense for you and exploring different options before choosing a policy—it could save you time and money down the line!  Know more about home insurance policies.

We’re here to answer any questions you may have about home insurance in Ottawa. And if you want to purchase home insurance in Ottawa for your peace of mind but are concerned about the costs, our team of experts at McDougall Insurance is one of the largest insurance brokers in Ottawa can easily help you find insurance packages that won’t break the bank.  

Our experienced home insurance brokers in Ottawa can give you advice on coverage options and levels of coverage and will walk you through the claims process if anything unexpected occurs. You can trust us as your home insurance advisors of choice in the great city of Ottawa. 

Let us handle your Ottawa home insurance needs. McDougall Insurance can also provide you with a free home insurance quote in Ottawa that you can use to explore your home insurance options online and from the comfort and warmth of your own home. Get your free quote here. 

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