{"id":8417,"date":"2020-02-26T12:02:00","date_gmt":"2020-02-26T12:02:00","guid":{"rendered":"https:\/\/301webdemo.com\/oegema\/?p=8417"},"modified":"2026-02-06T05:07:37","modified_gmt":"2026-02-06T05:07:37","slug":"6-things-to-consider-when-purchasing-home-insurance","status":"publish","type":"post","link":"https:\/\/www.ona.ca\/blog\/6-things-to-consider-when-purchasing-home-insurance\/","title":{"rendered":"6 Things to Consider When Purchasing Home Insurance"},"content":{"rendered":"\t\t
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All homeowners require home insurance. There are so many things that put your home at risk from break-ins to fire and storm damage to vandalism. Because most homes are under a mortgage, insurance also protects the lender when something occurs. Home insurance is sometimes unclear in what it does and does not cover. As well there are different types of insurance policies available when it comes to how the policy pays out for claims. If you are shopping around for home insurance here are six things you should consider before making your decision.<\/p>

  1. Who sells home insurance?<\/strong><\/h3>There are two ways you can buy insurance. The first is through an insurance agent at an insurance company that represents a single company and its products. The second is an insurance broker who offers a wide selection of insurance products from many different insurance companies. Insurance brokers offer a better option because they are not tied down to a single provider. Instead, we look at all your options and find the best rates and coverage in hand with the service that suits your needs. We are not biased by one single home insurance product and put your best interests first, so you always get the right policy for your needs.<\/li>

  2. What does home insurance cover?<\/strong><\/h3>When working with our brokers, you will have a thorough explanation of what each policy covers. Our goal is to find a policy that offers enough insurance to replace or repair damages caused by a serious event. Generally, home insurance covers your home itself (the structure), your contents, the people living in the home and living expenses should the home not be inhabitable following damages. However, the specifics of exactly what is covered, how much funds will be provided and the other details such as how the cash amount is determined or what causes the damage all vary greatly from policy to policy. The three types of coverage include:<\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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