home insurance in ontario

insurance that feels like home

☏ 1.855.385.4226
get a quote
book a call

Home Insurance Basics

Finding your first starter house, purchasing that dream home, or finally buying the cottage on the lake in Ontario are all incredible events in a family’s life. Purchasing homeowners’ insurance to protect your new asset on the other hand, can be a bit confusing. The insurance industry is filled with jargon sometimes reading like a foreign language.

At Duliban, we believe the more you know, the better prepared you will if the time comes to file a claim in Ontario. Read on to see a list of terms you may come across when searching for the best policy along with a few questions our licensed agents are often asked.

SAVINGS ON YOUR HOME INSURANCE IS A BEAUTIFUL THING

home insurance in ontario

Google Rating: 4.7Some awesome words from our Duliban Client Family

Kathryn Hutson
Kathryn Hutson
2022-09-12
Verified
Hilary was great at switching over my policies and getting me the right quote! Will definitely continue to work with Duliban moving forward.
dan tocchet
dan tocchet
2022-09-05
Verified
Excellent service from moment they contacted me to when both auto & home insurance was set up. Definitely would recommend Duliban Insurance Brokers.
Wanda Durbin
Wanda Durbin
2022-09-05
Verified
I would definitely recommend looking here for first-rate customer service! It was my 1st time using an on-line insurance broker, and I would like to thank Warren Drake for making it virtually stress-free! (dare I say enjoyable?) Warren was very professional, courteous, personable & efficient. He made sure, at every juncture, to present me with the options available, ensured that I understood & recommended what he felt was best & why. Stress-free & very good rate! Well done!!
Eyad Daoud
Eyad Daoud
2022-08-29
Verified
Thank you. Excellent experience
brandon rayray
brandon rayray
2022-08-24
Verified
As I was looking a new quote for a car insurance at lowestrates.ca I've found Duliban Insurance Brokers thru CAA. And thanks a lot to Trevor his generosity and helpfulness. You guys are awesome and have a good service and dedication. I highly recommend Duliban Insurance Brokers and give 5 stars
Moncef El Jirari
Moncef El Jirari
2022-08-22
Verified
I just started shopping and browsing as I am planning to buy a car in the next few months, and Amy Brown called me to give me all the information I need to make the right decision on what insurance company to choose. She was very professional and very helpful even though she knows I'm buying an insurance in the future as my new car is not ready yet. The rates and coverage she could find me are unbeatable for Toronto Midtown. I highly recommend to anyone looking for an Insurance Broker. Thanks Amy Brown in case you read this message.
Jennifer Lemieux
Jennifer Lemieux
2022-08-16
Verified
oops, Troy Blackledge - sorry Troy!!
george farrell
george farrell
2022-08-10
Verified
I've completed my first year with Duliban Insurance brokers. Signing up for auto insurance I happily saved hundreds of dollars annually for one car. Being a senior with an excellent record Amy Brown made it simple and quick with big savings to begin my new auto policy. I had been with prior insurer for close to 20 years of clean driving. Kudos to Amy and the Duliban Insurance team! Much success!!
Jeremy Dunn
Jeremy Dunn
2022-08-09
Verified
Very satisfied with how Duliban handled insurance for my farm property. John Critchley is very knowledgeable, patient and responsive.

You've Got Home Insurance Questions? We've Got Home Insurance Answers!

What Does Homeowner's Insurance Cover?

Homeowner’s insurance covers a plethora of exposures, including damage to property resulting from a covered peril or catastrophic event, as well as loss of personal property due to theft or covered peril. Your policy will also include private liability insurance protecting your from claims of negligence. Added living expenses are often included in case of emergency or displacement. Keep in mind, however, a basic homeowner’s insurance policy does not cover flood, earthquake, or voluntary acts of negligence.

What Is the Difference Between Actual Cash Value and Replacement Cost Value?

The actual cash value of a personal item or piece of property is the cost of the item sold AS-IS on the current market. If you have owned private property or a structure any amount of time, their value would have depreciated over that time. Actual cash value will factor this into the final cost. However, replacement cost value is the amount of money it will take to replace your property or damaged goods without deducting for depreciation.

Flood Is Not Covered? But, What If My Pipes Burst and Ruin My Floors?

Have no fear! Accidental discharge of water due to an issue with your plumbing system is included in your homeowner’s insurance plan. Flood has a specific definition related to the flooding of multiple parcels. If something should happen with your plumbing system and it leaks into your home causing damage, your policy will cover the costs to get your property back in shape. One of the ways you can protect yourself from this kind of hassle and headache is to check your plumbing system at least once a year to make sure it is still in premium condition.

Do I Have to Document My Belongings?

If you are serious about protecting your assets and investments, then you will have to take the time to carefully document your property as well as the personal items inside. It is good practice to walk through your home and take detailed pictures or videos of all of your big-ticket items, such as appliances, your jewelry, electronics, any antiques you might own, as well as other items

you feel have value. The final thing you will want to do during this process is to keep a written list of the items as well. You want to go through this checklist to have detailed documentation of your personal property and home, so if something unfortunate were to happen, you have proof of ownership and a decent idea of the condition the property was in before the damage or loss occurred.

How Can I Protect My Home and Possibly Save A Bit Of Money?

There are many ways to prevent loss and damage to your home, and some of these methods can even save you a bit of money on your insurance payment. It seems like a standard for most homeowner’s, but if you do not already have deadbolts on all of your entry doors and locks on your windows, these should be your first investment to safeguard your home.

The next move to make would be to install a security system with an outside signal that will alert the local police department if anything should happen on your property. You can also get a fire alarm system which will immediately inform your local fire department if a fire is detected on your property. Installing and maintaining smoke detectors should be another priority for any homeowner, and if you have the means, a sprinkler system and carbon monoxide detector could help to save from a great deal of damage if you should have a fire break out in your house.

The final tip for safeguarding your property and protecting yourself against liability claims is removing any potential hazards. This means always keeping your walkways and entry points clear of hazardous debris like snow and ice in the winter. Something as simple as salting your sidewalk and shoveling snow could save you a lot of time and hassle if something were to happen to a neighbor or passerby. In addition, restricting all access to “attractive nuances” such as swimming pools and trampolines is a must.

What If My Neighbor Sues Me Because They Injured Themselves on My Property?

With homeowner’s insurance, you may be afforded coverage for their injury. Your policy will cover medical costs resulting from the wound on your property, as well as any legal fees and costs to repair damages that led to the injury or happened during the injury. Coverage assumes you were not voluntarily negligent.

Is My Homeowner's Insurance Payment Included in My Mortgage?

Homeowner’s insurance is not lumped into your mortgage payments unless you ask your insurer to open up an escrow account, so you can combine your payments together. Doing this has become a far more common practice as more and more people are buying their first homes. If you do choose this option, you can lump your mortgage payments, insurance costs, and property taxes into a bill together for one secure payment.

What If I Live in A Flood Zone?

If you happen to live in an area prone to flooding or earthquakes, you will want to add a rider or endorsement to your policy to include damages and loss of property because of these events. Speak with your insurance professional for more information about adding these onto your homeowner’s insurance.

When Should I Add to My Homeowner's Insurance Policy?

There are many reasons why you should, or could, add to your current homeowner’s insurance policy. For example, if you are adding on to your existing property, you should contact your insurance provider to include this extension and receive guidance on what your plan should now include. You should also consider adding more coverage if you purchase land separate from your current plot, if you are buying another home, or going to rent another structure to others. Another reason you will want to update your homeowner’s insurance policy is if you make a significant purchase, such as expensive jewelry, computer, or new even appliances for your kitchen. Basically, if you add on to your investments in any way, you should immediately document the changes and contact your insurance professional to consult them on the necessary changes needed to keep your insurance program up to date.

The Duliban Hometown Advantage

We Work For You

Our team of insurance professionals ensures that YOU receive the best coverage possible at the very best price.

25 Quotes

We partner with over 25 different insurance companies that fight to earn your business.

Highly Rated

With multiple provincial and national recognition awards, it’s no wonder why our clients rave about us.

Simple Language

We make sure that you understand your policy without confusing you with complicated insurance jargon.

Let's find you the best possible coverage