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What Does Your Home Insurance Cover? Frequently Asked Questions You Should Know

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AMC Insurance
What Does Your Home Insurance Cover? Frequently Asked Questions You Should Know

Typical home insurance in Burnaby has four basic coverage. It covers the dwelling itself, other structures, your personal property, and protection against liability.

Dwelling protection includes the home’s foundation, roofing, and walls. If there are other attachments to the house such as a deck or a garage, that can be included in the basic coverage as well. If you have other structures in the property such as a shed or a fence but it is still considered yours, it can also be covered by the basic insurance.

If you have damaged belongings, that can be included in the coverage as well. Things like appliances, furniture, and electronics can be included in the coverage.

Your basic home insurance in Burnaby also protects you from liabilities. In case someone visits your property and gets injured due to a broken structure, that can be included in the basic insurance coverage.

But here are a few of the common coverage questions that people ask about their home insurance in Burnaby:

Does Home Insurance Cover AC Unit?

Because basic home insurance covers your property, it includes your AC unit as well. However, this depends on the nature of the damage. If the damage is brought about by neglect such as if you don’t maintain your AC unit properly, your insurance company might not want to cover the costs of damage.

However, if the damage is brought about by natural disasters or anything that is not your fault, you can be compensated for its repair or replacement. The same can be said for your heating system.

Does Home Insurance Cover Molds Damage?

Usually, it is not covered by basic home insurance. Molds damage is linked to a cause, which is water damage and water damage is usually not included in a basic home insurance coverage. You usually need to get separate coverage for flooding or water damage.

Does Home Insurance Cover Roof Replacement?

Since the roofing is part of the dwelling, it is included in the basic home coverage. However, it is only damage resulting in external elements that insurance companies will honor. For instance, if the roofing replacement is brought about by years and years of neglect, it won’t be covered by your insurance company.

Does Home Insurance Cover Water Damage?

As mentioned above, home insurance usually doesn’t include water damage in its coverage. You will need to get separate coverage for this if you live in a flood-prone area. It’s best to have this included because many places now get flooded even when they did not experience this before.

Finding the right provider for home insurance in Burnaby is important so you can get the most from it. With the help of AMC Insurance, you can choose a home insurance provider that suits your needs.

Robert Cameron is the author of this article. For more details about Life Insurance in Cloverdale please visit our website: amcinsurance.ca

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