Understanding the most frequent home insurance claims can help you take proactive steps, improve protection, and possibly reduce your premium. Before requesting a homeowner insurance quote online, it helps to explore common home insurance claims in Ontario and how to prepare for them. Here, we share some of the most common home insurance claims in Ontario:
Water damage remains one of the most common and costly claims for homeowners. It stems from various sources, both inside and outside the home.
Internal leaks often start from household appliances such as dishwashers or washing machines, or plumbing fixtures such as bathtubs and sinks. Even slow drips can cause mould or rot over time. Burst pipes occur during freezing temperatures when water inside pipes expands and ruptures the pipe, leading to extensive flooding. External water sources may enter the home due to heavy rain, rapid snowmelt, roof damage, or backed-up municipal sewers.
Prevention tips:
House fires can cause devastating loss and are often triggered by avoidable hazards. Cooking fires typically happen when food is left unattended on the stove. Cigarettes, when improperly extinguished, can ignite flammable materials. Electrical issues from overloaded circuits or faulty wiring may spark a fire. Candles, left burning without supervision, can tip over or ignite nearby items.
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Extreme weather events such as thunderstorms and hailstorms can physically damage a property. Roof damage occurs when strong winds tear off shingles or hail punctures roofing materials. Flying debris or large hailstones may break windows or damage siding and doors.
Prevention tips:
Break-ins and acts of vandalism are emotionally upsetting and financially burdensome. Thieves often target electronics, jewellery, and high-value household items. Vandals may break windows, doors, or damage landscaping and vehicles on your property.
Prevention tips:
These claims arise when someone gets injured on your property or if you or a family member unintentionally cause damage to someone else’s property. Slip and fall accidents are common in winter due to icy walkways or uneven surfaces. Dog bites may also lead to liability claims if your pet injures a guest or neighbour.
Prevention tips:
Several underlying elements affect how often and how severely insurance claims occur in Ontario.
Proactive maintenance and safety upgrades can both prevent claims and reduce insurance costs.
While purchasing insurance directly may seem easier, working with a trusted broker offers several advantages.
If you're seeking comprehensive protection, reach out to us. We can help you find the right policy tailored to your needs and budget. At Begin Insurance, we are committed to helping you get the right coverage at the best rate. We understand the complexities of home insurance in Ontario. Our experienced brokers work for you, comparing options from multiple providers to find coverage that fits your unique needs and budget. We help you identify potential risks, find available discounts, and stand by your side if you ever need to extend your coverage. Whether you want to get a homeowner insurance quote online or simply need an explanation of a policy, connect with us anytime.