If you live in Nova Scotia, you know that your home, condo or rental unit can take a beating from harsh weather such as floods, damaging winds, ice and snow.
In larger cities like Halifax, theft and vandalism are more prevalent and can result in serious, costly damages to your home.
If something happened to your home, would you be able to pay for the repairs out-of-pocket? No? That’s why getting home insurance in Halifax and the surrounding areas is crucial for protecting your house and your belongings.
Different Types of House Insurance in Nova Scotia
There are a variety of policies to suit just about every situation and budget. Even if you don’t own your home, you should still protect its contents. The following are some of the basic options available:
Understanding Your Protection
Each type of policy works with possible perils that can damage your property or the belongings within your dwelling. A basic policy may only insure your home against fire. A more comprehensive policy will give you additional coverage like theft, vandalism and damage caused by natural causes such as the weight of ice, snow or sleet on your roof.
The more perils your policy covers, the more premiums you pay. However, the greater coverage you have, the higher the recovery payments you will receive should you need to file a claim.