1

Personal property in a safety deposit box

Items usually kept in an off-site safety deposit box

Not available

Up to $10,000 in coverage

1.1.11 14)

2

Tear out

The cost to repair walls or ceilings that are torn out to access something behind them (such as plumbing or electric wires) that turns out to be an uninsured loss.

Not available

Up to $500 in coverage (no deductible)

1.1.11 8)
1.1.7 8)

3

Detached private structures

(Only applicable to home owners)

Detached structures such as sheds or garages

Coverage for these buildings was 10% of your home’s coverage limit, up to $30,000 (see Section 1, “A. Home” on your Declaration Page). If you have multiple detached structures, the coverage for each individual building was a share of the total.

Coverage for these buildings is up to 15% of your home’s coverage limit (see Section 1, “A. Home” on your Declaration Page). If you have multiple detached structures, and experience a loss to some but not all structures, the total coverage is available.

1.1.5 2)
1.1.6 4)

4

Water freezing exclusion for temporary un-occupancy

Damage due to water freezing in your pipes while you’re away from home in the winter

Coverage available if the home was checked every day when you were away for more than 4 days

Coverage available if the home is checked every other day when you’re away for more than 14 days.

1.1.14 9)

5

Same site clause

(Only applicable to home owners)

Rebuilding your home if you experience a loss due to earthquake or flood (only if Optional Extra coverage purchased) or wildfire

Less coverage available if you choose to rebuild elsewhere, subject to depreciation.

Coverage available no matter where you choose where to rebuild, not subject to depreciation.

1.1.6 2)
3.4.4
3.7.4

6

Strata property damage

(Only applicable to condo owners)

Your portion of the cost to repair damage to collectively owned condo property, for a claim the strata corporation and your insurance policy cover, but the strata corporation doesn’t have adequate coverage for.

(e.g.: a fire breaks out in the building’s common room, causing $1MM in property damage, but your strata corporation’s policy only has $750,000 in coverage. The unit owners must cover the remaining $250,000. This coverage would step in to help you cover your share.)

Coverage was available for purchase

Coverage available up to 250% of your personal property limit (see Section 1, “C. Personal property” on your Declaration Page)

1.1.11 17)

7

Strata liability

(Only applicable to condo owners)

Your portion of the settlement if someone is injured on collectively owned condo property, in the case that the courts determine the strata corporation is at fault and award a judgment that's higher than the amount of liability coverage in the strata corporation’s insurance policy, and if your policy covers that type of injury.

(e.g.: someone slips and falls on an icy sidewalk and claims for damages of $2MM, but your strata corporation’s policy only has $1.5MM in coverage. The unit owners must cover the remaining $500,000.This coverage would step in to help you cover your share.)

Coverage was available for purchase (depending on policy type)

Coverage included up to $1,000,000

2.1.4 6)

8

Unit additional protection

(Only applicable to condo owners)

Your portion of the cost to repair damage to your unit back to its original finishes, in the case of a claim the strata corporation and your insurance policy cover, but the strata corporation doesn’t have adequate coverage for.

(e.g.: a fire breaks out in the building, causing damage to all 30 units. The damage is $3MM, but your strata corporation’s policy only has $2MM in coverage. The unit owners must cover the remaining $1MM. This coverage would step in to help you cover your share for your unit.)

Not available

Coverage available is up to 250% of your personal property limit (see Section 1, “C. Personal property” on your Declaration Page)

1.1.11 18)

9

Additional living expenses

Funds to help you pay for reasonable and necessary expenses (like temporary accommodations and food costs) in the event you are forced to leave your home following a covered loss.

Not available

Coverage available outlined in Section 1, “D. Additional living expenses” on your Declaration Page.

1.1.12
1.1.13

10

Policy type

Enhanced from “named perils” to “comprehensive” policy

This was a “Named perils” policy. It only provided coverage for causes of loss that were specifically stated in the policy. If it wasn’t included, then it wasn’t covered.

This is now a comprehensive policy. It covers all risks, unless there is a specific exclusion or limitation in your policy.

3.18

11

Rental income coverage

Lost rental income while completing repairs for an insured loss

For condo owners, coverage available was up to 10% of your personal property limit (see Section 1, “C. Personal property” on your Declaration Page).

For home owners, coverage available was up to 10% of your dwelling building limit (See Section 1, “A. Dwelling Building” on your Declaration Page).

Coverage available is listed in Section 1., “D. Additional living expenses” on your Declaration Page

3.18.4

12

Vacancy exclusion

Water damage, glass damage, vandalism in vacant homes

Not available

Available for purchase (glass damage coverage only available if it was already on the policy)

3.16

13

Bylaws coverage

(Only applicable to home owners)

Rebuilding your home if you experience a loss and meeting today’s bylaws result in additional costs you hadn’t anticipated

Not available

Up to $10,000 coverage

1.1.7 2)

14

Liability coverage

Coverage for if you are sued for an accidental injury to others at your home (e.g. a visitor trips over your doormat) that you’re determined to be legally liable for.

Not included

Up to $1,000,000 coverage

3.18.6 b.