Home Insurance

Canadians are passionate about the places we live, and home insurance protects those places from financial risk.

Ron Johnston Insurance works with homeowners across Ontario, ensuring your house insurance covers the important things in your life.

There are several home insurance options to choose from, including:

Homeowner

Owning a home is not without risk. In Canada, where the climate changes from one day to the next, it is critical to insure your home against damage.

Homeowner insurance protects against:

• Structural damage to your house.
• Attached structures such as fences and decks.
• Damage to, or loss of, belongings inside your house.
• Liability issues.

Types of risks covered in your home insurance policy depend on the policy type. The most basic protection covers:

• Fire damage
• Wind and lightning damage
• Explosion
• Theft
• Vandalism

Tenant

Many landlords require proof of tenant insurance before signing the lease agreement. Tenant insurance is necessary to protect yourself from unforeseen costs associated with damage and liability, and to your belongings.

Similar to home and contents insurance, tenant insurance protects against basic perils. You can extend your home insurance to cover other risks, such as water damage, or alternative lodgings while apartment repairs are being made.

Renters

Do you own a rental property? Renters insurance is essential for protecting yourself and your rental property against damages to the building itself and any attached structures, liability and loss of rental income.

Your renters insurance coverage can apply to either specified perils (named risks) or all perils (all damages or destruction to the home), depending on the policy you select.

Common perils covered by this policy include theft, vandalism, falling objects, and fire.

Condominium

Living in a condo means that much of the communal areas are covered by insurance through the condo corporation. However, your home and its contents are not included in this coverage. Condo house insurance protects you against things such as:

• Fire damage
• Explosions
• Lightning damage
• Hail damage
• Theft
• Vandalism

Condo insurance protects against additional costs that are not covered by your condo corporation for damage or upgrades to the property. If the condo board modifies the pool, repave driveways, or installs new windows, your condo protection is there to balance the costs.

Cottages

Cottages are often used as seasonal, or income properties, requiring a unique house insurance policy to keep your cottage protected while you’re away or have tenants.

Cottage insurance may have higher premiums due to increased risk. Cottage insurance can be extended to cover docks, boathouses, and additional risks related to location.

What Does Home Insurance Cover?

House insurance covers the basic risks you face as a homeowner, and can be customized to cover additional perils, and structures. The two types of home insurance coverage offered at Ron Johnston Insurance are:

Standard Home Insurance Coverage

Standard coverage through your home and contents insurance policy protects against:

• Liability – If someone is injured on your property, or by your property, liability coverage pays toward medical fees, and your court fees in the event of a lawsuit.
• Dwelling and detached structures – Detached structures such as sheds, decks, and gazebos are also covered. This protects against the cost of repairs and replacements if a storm, fire, or vandalism causes damage to your property.
• Personal belongings – This helps safeguard against damage or theft to the items you love most.

Additional Home Insurance Coverages

No two homes are the same, and every homeowner has unique needs, which is why Ron Johnston Insurance offers extended home insurance coverage for:

• Extra Expenses – Owning a home means potential hidden costs at any time. Whether a pipe bursts, or your roof needs unforeseen repairs – Ron Johnston Insurance has you covered with extra expense home insurance coverage.
• Identity Theft – Identity theft is a rising issue in Canada as more home and business owners use the internet to bank, shop, and live their lives. If your identity is stolen, it could lead to credit card debt, high phone bills, and other costs in your name. Identity theft protection ensures you are not held accountable for these costs.