Home Coverage

Basic

This type of coverage lists events that are covered if damage occurs to your house, garage, shed or any of their contents

Common events that may be covered in a Basic policy include:

• Water
• Fire and smoke
• Hail, wind and lightning
• Glass breakage
• Explosion
• Vandalism
• Impact by a vehicle
• Theft or attempted theft

Also referred to as "Standard" or "Named Peril" coverage.

Broad

This type of coverage treats buildings differently than your contents when damage occurs.

For home, shed and garage, it lists events that are not covered.

For your contents, it lists events that are covered.

Special

This type of coverage lists events that are not covered if damage occurs to your house, garage, shed or any of their contents

For example, damage may not be covered by a Special policy if by:

• Terrorism
• War
• Nuclear events
• Business or farming operation
• Vacancy over 30 days
• Wear, tear or deterioration

Also referred to as "Comprehensive" or "All Risk".

Basic

Result
There would be no coverage for either wall-to-wall carpet or an area rug.

Why?
Paint spillage is not a listed event in your policy.

Broad

Result: Area rug spill
There would be no coverage.

Why?
Paint spillage is not listed as an event covered for contents.

Result: Wall-to-wall carpet spill
You would be covered for any cost over your deductible.

Why?
Wall-to-wall carpet is considered part of the building.

Special

Result
You would be covered for any cost over your deductible for damage to both the area rug and the wall-to-wall carpet.

Why?
Paint spillage is not an excluded event from this level of coverage.

Basic

This type of policy lists the events that are covered if damage occurs.

Broad

This type of policy lists the events that are not covered if damage occurs.

This includes:

• Terrorism
• War
• Nuclear events
• Wear, tear or deterioration

Your broker can make special arrangements for certain exclusions:

• Business or farming operation
• Vacancy over 30 days

Special

Your buildings will be covered against any damage or loss that is not specifically excluded by the policy.

Basic

Your contents will be covered against damage or loss arising from the events listed in your Basic policy.

Broad

Your contents will be covered against damage or loss arising from the specific events listed within your Broad coverage policy.

This may include:

• Water
• Fire and smoke
• Hail, windstorm, lightning
• Glass breakage
• Explosion
• Vandalism
• Impact by a vehicle
• Theft or attempted theft

Special

Your contents will be covered against any damage or loss that is not specifically excluded by your Special policy.