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Civil liability coverage protects you anywhere in the world from non-economic loss, property damage or bodily injury that you may involuntary cause to a third party. Whether you are an owner, a co-owner or a renter, you could commit an act of negligence leading to serious consequences. For example, if a fire were to accidentally break out in your home and cause damage to the neighbouring properties, your insurer will have to pay for this loss, whether you are at fault or not. Furthermore, if a lawsuit were to ensue, your assets will be protected and your insurer will also cover your legal costs.

This coverage protects your personal property overall, whether it be on the premises or temporarily at another location. However, it is important to check the limit stipulated in your policy. Personal property insurance is an all perils coverage that goes into effect for the most common losses, such as theft, fire or damage to your appliances, clothes, electronics and more.

Adding an endorsement for your valuables to your insurance contract will allow you to protect certain types of property requiring a higher limitation, especially in the event of theft. Hence, it is important to talk to your Lareau broker in order to make sure that your valuables are insured according to their true value. In doing so, your electronics, works of art, collectibles, bicycles and all other high-value property will be protected by this endorsement.

Wine cellar insurance covers breakage or damage caused to machinery, such as the air-conditioning unit, as well as your wine bottles. A basic home insurance contract contains some limits that are probably not sufficient to adequately cover your supply.

Since the building is covered under the basic home insurance contract, immovable property is covered (namely the walls, the floors, the structure, the foundation, but also the cupboards and the counters of your dwelling). To get a better idea, just imagine that your property is being uprooted and flipped upside down. Anything that stays in place will be protected by the building coverage. This will allow you to be compensated up to the value of the reconstruction of your home in the event of a major loss.

This coverage protects all structures attached to your main dwelling that is located on your property, which includes your garage and shed.

On one hand, additional living expenses cover the extra costs associated with temporary relocation in the event of a covered loss if your home is considered unfit to live in (e.g., accommodations, hotel, restaurant, etc.)

On the other hand, the coverage against the loss of rental income applies to owners of a rental unit. Not only is your rental property protected, but so is the additional income you earn thanks to it and on which you rely on.

This coverage applies specifically to condo owners and protects the improvements that you made to your property since its construction. As a result, your damaged immovable property will be replaced according to their true value. This is why it is important that your broker always be informed of repairs and betterments made to your unit.

Did you know that majority of home insurance claims are a result of water damage? Although your basic insurance policy covers damage caused by water, some risks are excluded. For this reason, it is important to assess the different options available to you.

-Water damage – Ground water and sewer back-up: This coverage offers protection against sewer back-up and water seeping into your home through the foundation, walls or windows and doors of your basement.

-Water damage – Above ground water: This coverage offers protection against damage caused by rain or snow seeping through the roof or walls, as well as windows or doors of the ground floor or other floors.

-Water service pipe breakage: This coverage offers protection for the tear out and replacement costs required to repair the broken or malfunctioning water service pipe. The connection fees between the city’s sewer line and your home are therefore covered.

Your in-ground or aboveground swimming pool, spa and sauna are not automatically insured under your home insurance contract. This coverage needs to be added to your basic insurance policy in order to be protected. This endorsement covers damage caused by freezing or the weight of ice or snow. It is also possible to protect any equipment, accessories and patios connected to your in-ground or aboveground pool or your sauna.

This coverage protects you from the costs incurred by taking the necessary measures to restore your identity in the event of identity being stolen. If your personal information is used fraudulently without your knowledge, the legal fees associated with proving that you are not behind such acts would be covered by this insurance.

This coverage protects you against any damage that may occur in the event of an earthquake. Ground movement is excluded from the basic home insurance policy. Hence, if this coverage is not added to your contract, you will not be covered if an earthquake were to occur. Although earthquakes don’t happen every year in Quebec, the chances that such a catastrophe will strike is more probable than you think. Adding this coverage could prevent many headaches. It is therefore up to each individual to determine his or her risk tolerance and capacity to cover the costs stemming from such an event.

This coverage protects you against fuel oil spills or leaks from your oil tank, whether it be indoor or outdoor. If such incident were to occur, your protection will cover any damage to your property, as well as soil decontamination costs.