Home Insurance

For nearly everyone, the single prime investment they will ever make is their home. The utmost concern is the safety of their dream property, making sure it is insured properly.  At Goldmine Insurance, your peace of mind is our priority. That's why we represent top five insurers of Canada. With our experience, our talented and knowledgeable staff we are committed to provide you with the home insurance package that is exclusively tailored to best fit your needs.

Goldmine Insurance can help you insure your unique home. We make sure your investment and property is protected by choosing right insurance coverage that is best suited for you

THINGS TO DISCUSS WITH EXPERT BEFORE BUYING ANY HOME PROTECTION POLICY

Modernization or reconstruction worth of your dwelling: After certain time period everything in this verse need repairs and maintenance.  Extended Replacement or reconstruction cost coverage can ensure that your home will be rebuilt to the same standards as the original construction. This includes whether we talk about the quality of materials or craftsmanship. Your house should not only look the same after a covered loss, but, as closely as possible, almost be the same. It is essential to know that your home will be replaced back to its original standard.

Personal property coverage: Replacement Cost Coverage ensures that without deductions for depreciation your personal property will be replaced after a covered loss. You should also have "all risks" coverage for your personal property, you should list expensive items, such as jewelry or fine art, separately so that your belongings are covered for a wider array of perils than most standard policies allow.  For a more detailed explanation, please contact any one of our customer service representatives.

Personal liability insurance: Personal liability coverage is there to protect your assets in the event of litigation. Personal liability is a part of your homeowner’s policy, but in today’s litigious environment it is vital to choose the right coverage limit. One wants to be sure that his or her possessions are protected in the event of a lawsuit. The limit can range from one million dollars up to five million dollars.

COVERAGE FOR GARAGES, POOLS, FENCES, AND OTHER

Most homeowner policies include only a minimum coverage amount for damage to fences, pools, detached garages, Barn and other structures that are not attached to the main house. Please be sure that you should have enough coverage to fully replace these items.

Sewer Back-up Claims: Most of the home policies don’t include the backing up or escape of water from your sewer, sump or septic tank. For a very small additional premium you can purchase the "Sewer Back Up" extension to cover this policy exclusion.

Flood and earthquake insurance: Are you sure that your existing policy is sufficient for the loses you and your company suffers in case your property is damaged by the perils like Flood and earthquake, Contact our experts to get the same clause added in your policy or buy a supplement policy

Older Home Coverage: In case your home is older one than certain coverage features do not come standard with all insurance policies, so it is extremely important to know that it can be added at a little additional premium at Goldmine Insurance, we offer insurance options designed exclusively for old homes including:

  • Guaranteed replacement cost coverage:   we provide coverage for the cost incurred for making your home as per original shape and standards, even if that value exceeds the coverage amount on your homeowner policy.
  • Ordinance or law coverage: Coverage for the cost of bringing your home up to code in the event of a partial or total loss.
  • Assistance in determining replacement value: For the older homes the existing simple "room estimator" does not work, your home needs to be assed in such a way that values you the most. Your specialist at GOLDMINE can help you determine your home's true replacement needs.

Getting the best value for your home insurance policy is more important than ever. But savings shouldn’t come at the expense of unexpected costs or surprises at the time of a claim. The right policy can save you money.
Here are just a few ways we can help you save on your home insurance policy:
You could save up to 12% if you're insuring a newer home
You could save up to 10%, depending on how many years you’ve been claims-free
You could save an extra 5% if you’ve paid off your mortgage
Plus, you could save even more when you get your no-obligation quote online

Contact a GOLDMINE Specialist today to discuss in detail.