HOME INSURANCE SOLUTIONS IN ONTARIO
At OKJ Insurance Brokers, we specialize in providing comprehensive home insurance solutions in Ontario. Whether you are looking for a package that protects your property and assets in the event of unforeseen events, or simply want to protect yourself against liability issues, we have got you covered. Our dedicated team is committed to helping you find the right policy tailored to your specific needs.
Property
There is perhaps no more substantial investment than in real property; so, to ensure your investment is protected, finding the right insurance package is essential. Our brokerage offers coverage solutions for:
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Apartments, condominiums, and townhomes
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​Cottages
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​Houses and homes with a business/ office
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​Rented homes and student housing
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​Homes under construction
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​Vacant homes
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​Watercraft
Ask About Our Discounts
Dedicated to making insurance as affordable as possible, OKJ Insurance Brokers offers a wide range of discounts for many circumstances such as:
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Age
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Alarms
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Auto & home bundles
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New & updated homes
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Sewer backup valves & sump pumps
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No claims
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No mortgage
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Non- smokers
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Tankless hot water systems
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Unfinished basements
What Does Home Insurance Coverage Include?
When it comes to home insurance in Canada, the protection you receive will depend on your provider and policy. However, there are some types of coverage that are typically offered to homeowners. These include:
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Property damage
This insurance covers damage to your property caused by unforeseen events, such as fire and extreme weather conditions. It may also cover loss or damage caused to personal items.
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Personal Liability
If a visitor or a service provider is injured in your property, personal liability insurance covers the costs associated with the accident.
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Additional Living Expenses
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This type of coverage aims to provide financial assistance in case you have to evacuate your home due to a covered claim. It typically includes food, transportation costs and childcare expenses.
The Events Covered Under a Standard Home Insurance Policy
Home insurance covers the costs of damage caused by unforeseen events in your property. This typically includes:
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Explosion
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Fire
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Smoke
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Lightning
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Electrical current
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Wind
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Hail
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Roof collapse due to snow weight
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Falling object
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Vehicle or aircraft impact
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Vandalism, theft and other malicious acts
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Certain types of water damage
Common Types of Home Insurance
Events That Are Typically Not Covered by Home Insurance Policies
Even though home insurance can protect you from a wide variety of events, not everything is covered by your policy. Some exclusions include:
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Mould
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Normal wear and tear
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Damage caused by animals and insects.
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Plumbing and water damage caused by frozen pipes
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Damage caused by illegal activities by the homeowner
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Nuclear incidents
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War or terrorism
5 Reasons Why You Should Have Home Insurance in Canada
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You may be required to carry home insurance by your mortgage lender or landlord.
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It provides you with valuable financial support to cover repair costs related to an accident.
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You may need financial help to cover your living costs after an emergency.
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Home insurance can assist with the legal expenses associated with a liability lawsuit.
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It gives you peace of mind.
Frequently Asked Questions
