Home insurance is an important part of owning a home. It protects you from losses due to fire, theft, and other disasters. It also provides coverage for your possessions, such as furniture and electronics. While most home insurance policies provide basic coverage, there are some unusual coverage options that you may need to be made aware of. This blog will discuss how to take advantage of these unusual home insurance coverage options.
If you work from home, your home insurance may protect any costs related to your job that could occur in case of an insured accident. This could include lost wages, computer equipment, and furniture for your space.
As a landlord, your home insurance policy can offer some protection from legal claims that may arise from your tenants. This includes potential damages such as property damage and personal injury that your tenants may cause. This can help to protect you financially should any of these claims arise.
If there is a blockage or any other issue in your house’s sewer line, your home insurance may pay the expenses related to it.
Your home insurance policy may provide financial assistance if you are the victim of identity theft and incur a financial loss.
If your refrigerator or freezer malfunctions and causes your food to spoil, your home insurance can help reimburse you for replacing the spoiled food.
Your home insurance can help protect you financially if someone uses your credit card to make illegal or unauthorized purchases. It can provide you with coverage for the associated costs that you might incur as a result of the fraud.
Home insurance can protect you financially if cash or other valuables are stolen from your residence.
If someone takes legal action against you due to a situation that is covered by your home insurance policy, your insurance may pay for the legal fees and costs associated with the case.
If you are unfortunate enough to suffer from identity theft, your home insurance can help cover the related costs, like credit monitoring and legal fees.
If your pet goes missing or is taken away from you, your home insurance can cover the costs associated with trying to find it, such as money for advertising or a reward for its return.
When you consult a broker for a home insurance policy, you’ll receive a comprehensive review of your policy. The broker will take the time to understand your needs and provide you with an analysis of your current coverage and any gaps in it. They will also explain the different types of coverage available, such as liability coverage, personal property coverage, and additional living expenses coverage.
Unusual home insurance coverage can help protect homeowners and their families from unexpected events and disasters. Different coverage types, deductibles, and limits are available, and it is important to understand them in order to select the right coverage. With the right coverage, homeowners can enjoy peace of mind knowing their home and its contents are protected.
Baseline Insurance provides customers with a variety of insurance options to choose from. We strive to ensure that our customers get the coverage they need at a price they can afford. We specialize in auto, home, commercial, recreational, and life and health insurance. For home insurance in Sherwood Park, turn to Baseline Insurance.
Renting a property comes with its fair share of responsibilities, and protecting your personal belongings should be a top priority. Tenant insurance is designed to provide coverage for your possessions in the event of damage or loss, while also offering liability protection in case someone gets hurt inside your home. Many renters mistakenly believe that […]
There’s something inherently exciting and freeing about hitting the open road on a motorcycle. However, amid the thrill and adventure, it’s paramount to remember the importance of safety and financial protection. Accidents and unforeseen circumstances can occur, even to the most seasoned riders. This is where motorcycle insurance comes into play. Motorcycle insurance is designed […]
Navigating the realm of auto insurance can be a daunting process, especially with the plethora of coverage options available to Edmonton drivers. However, understanding these options and their implications is critical in finding the perfect auto insurance policy to protect your vehicle, passengers, and financial well-being. At Baseline Insurance, our team of professional brokers in […]
Home-based businesses have grown increasingly popular in recent years, with many entrepreneurs embracing the concept of working from the comfort of their own homes. However, managing a business from your residence brings unique insurance challenges, as standard home insurance policies typically provide little to no coverage for business-related activities. If you are one of the […]
Owning a business is a rewarding experience, but it also comes with its fair share of risks and uncertainties. From property damage and theft to liability claims and employee injuries, there are numerous unexpected events that can disrupt the smooth operation of your enterprise and potentially lead to significant financial losses. To mitigate these risks […]
Your home is not just a roof over your head, but also an investment and a sanctuary where you and your family create memories and feel secure. With the right home insurance policy, you can protect this valuable asset and find peace of mind knowing that you’re adequately covered in the event of unforeseen disasters. […]