Surprising Things you Didn’t Know your Home Insurance Covers

When we think about home insurance coverage, the first things that come to mind are theft and unexpected natural disasters like a fire or tornado. You definitely want to protect your biggest investment during those catastrophes but you may be surprised by these ten additional ways your home insurance could benefit you even further:

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10 surprising things you didn’t know your home insurance covers


1. Spoiled food

Say you’re at work and a power surge knocks out your fridge, leaving the food inside to spoil while you’re away. Chances are you can be reimbursed for losses for up to $500. Your mini fridge from college finally kicks the bucket?… Sorry, that’s not covered.

2. Rampaging animals

If a belligerent moose decides to trample your garden and knock down your fence, you can actually be reimbursed for the damage. Also, home insurance can cover you in the event your dog decides to bite a guest — and that guest sues you. But you have to inform your insurer you own the dog and have it on your property prior to that.

3. Meteors and airplanes crashing into your home

Home insurance is there to provide coverage against “perils.” Did you just google ‘define: peril’? Same. This section can cover unlikely events like meteors and aircraft damaging your home.

4. Mold

A recurring problem in several provinces, yet insurance policies can often only provide partial coverage, if any at all. Be sure to check out the difference between mold and mold due to water damage to know what you’re getting into.

5. Identity theft

Many policies guard against your personal property and will even pay out on multiple occasions for costs associated with identity theft. In the case of The Co-Operators, you can be reimbursed up to $10,000 ($25,000 for certain clients) for any legal fees or time away from work due to identity theft.

6. Dorm room theft

Even though your little one is all grown and off to college, your home insurance can likely still cover their/your belongings under something called “personal property off premises.”

7. Flooding — but you need to add it on

Yes, the classic case you hear about in the news — someone living beside a river or on a lakefront property watched as their home was flooded, only to realize when it came time to make a claim that their home insurance didn’t cover floods. But yes, home insurance has the option to add flood coverage. It’s just separate. Don’t forget to add it on if you live near water or are in a region prone to floods.

8. Lock replacement

Home insurance can cover the cost of replacing your home locks in the event your keys get stolen. Vehicles are covered also — as long as they’re on your property.

9. Trees and/or shrubbery

Outdoor trees, shrubs and plants are often covered for a certain percentage of the total building.  Trees are generally only covered if damaged by fire, theft, lightning or vehicle crashes.

10. Gravestones

You read that right, gravestones and urns have coverage. And no, they don’t have to be on your property to be covered. Weather damage, theft, and vandalism are included.  Home insurance can also covered funerary expenses of family.

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These ten additional tips may not be a part of everyone’s home insurance plan; we can help check that for you at Foxquilt. When you join Foxquilt, you join a community that will guide you through every step of your insurance. 

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