Home Insurance: What your Insurance Company may look at when it comes time to insure your home

Before an insurance company can arrive at an appropriate premium for your property, it must first assess the likelihood that you will submit a claim. For the most part, the lower the risk (for example a well-maintained home with updated wiring and plumbing) the lower the insurance premium

Home Insurance: The Assessment Checklist

Yesterday I wrote about major factors that insurance companies look for when insuring your property. To make sure you have the proper coverage on your home your insurance professional will need to make sure that they have some additional information. The checklist below, provided by the Insurance Bureau of Canada,…