Coverage

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How To Minimize The Risk Of Flooding At Home

Whether or not flood damage is covered in your home insurance policy depends on your policy's coverage options and what caused the flooding in the first place. If your window is broken during a tornado and water enters your home, typically you will be covered. If water damage is the result of a "sudden and accidental discharge of water" such as an extreme heavy downpour, a burst pipe or a backed-up sewer, you are likely covered provided you have this endorsement on your policy (it's optional and you have to request it).
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Who's Got Your Back, New-Home Buyers?

New homes and their warranty coverage are increasingly in the news these days, whether because of rising prices or other challenges, and are the subject of some debate. And not all provinces handle new home warranties the same way. The bottom line, no matter where in Canada you're located or who provides the warranty coverage, do you research.