A home insurance rider is an addition to a standard home insurance policy that, as a rule, offers additional protection for an additional fee. Different companies may offer different riders and when getting your policy you need to understand which protection is already included in your insurance policy and which one you might need to add on top.
Examples of additional riders can be:
- Earthquake coverage
- Sewer backup
- Jewellery protection
- Identity theft
Depending on your situation you might add some riders on top of your existing policies. Some riders might be meaningful due to a particular location of your home. For instance, earthquake coverage makes sense in many regions of British Columbia or in Quebec. Other riders depend on your personal situation, such as an engagement where the ring was particularly expensive. This would call for adding a jewellery protection rider.
Interested in Home Insurance?
Get a free, no-obligation quote
We compare rates from over 20 insurers to show you the best quotes
Get a Home Insurance quote now. Start saving.
Our Publications related to Home Insurance
Introducing a New Tool to Find Out What Issues Canadian Face with Their Insurers
The arrival of COVID-19 has pushed Canadians, more than ever before, online for finding and applying for insurance and banking products. It is not easy, though, to make the right choice without knowing if a particular insurer will be there when you need them the most. As the largest Canadian review platform with thousands of […]
How Much a Good Condo View is Worth Today?
A prospective buyer is always going to be focused on a condo unit’s view. Unlike a house, these units rarely have multiple windows to the outside in various directions. The exterior wall, which usually is either glass or contains a balcony, is likely the only point of contact with the natural world. While the interior […]
Own your home? You could be eligible for these tax credits and rebates
It’s no secret that property prices in many urban areas of Canada are on fire. And it’s not limited to just the core of Toronto and Vancouver. Houses for sale in Hamilton, for example, have doubled in price in the last decade and houses in Mississauga are almost $750,000. It’s increasingly hard for the average […]
How Competitive is it to Buy a Home in Toronto? INFOGRAPHIC
Toronto real estate has been tumultuous in the last few years. At first, everything was going, up, up and up. Record low-interest rates made huge mortgages more attractive, and few new suburbs were developed thanks to the Greenbelt. Almost 90, 000 Newcomers were moving to Toronto each year, along with Canadians from other parts of […]
Canadian Condo Review Platform CondoEssentials Launched
InsurEye Inc has announced the launch of a new website: CondoEssentials. The new site is a condo review platform that has been designed to better inform Canadians about real estate, with a particular emphasis on condominiums. InsurEye has been informing consumers about details of auto, life and condo insurance for years through thousands of independent […]