Your home insurance policy pays out a maximum amount, or limit, when it comes to certain property. In case of a loss, your indemnity will never exceed the amount stated under the policy. If you feel that the limits are lower than the value of some of the items you own, talk to your home insurer or broker and ask for a higher coverage for them.

Property for which coverage is limited under most insurance policies, regardless of the type of loss covered

 

Animals  $2,000
Boats   $2,000
Gold or silver bars, bank notes and cash $200
Software $2,000
Lawn tractors, equipment trailers $5,000
Securities $2,000
Personal property used for professional activities $2,000
Bicycles (including equipment and accessories) $2,000
Sports and artistic personality cards $2,000


Property for which coverage in case of THEFT is limited under most insurance policies

 

Wine and spirits $5,000
Jewellery  $2,000
Furs  $2,000
Manuscripts/stamps/coins $2,000
Objects made of silver or gold  $5,000
Audio and video media (including CDs and DVDs) $2,000
Works of art $10,000
Collections $2,000

exemples-limitations-en-2.JPG

Home prevention

Prevent water damages from outside

Water damage is the leading cause of home insurance claims in Quebec. See what are considered good practices around the house.