Insurance That Looks Out for Your Family
Mississauga is a comparatively safe city on the outskirts of Toronto, but that doesn’t mean it’s free of crime. Robberies in the Mississauga area increased from 650 in 2020 to over 750 in 2022. There were over 2,200 break-ins in just one year, which means that an average of 42 homes or businesses were invaded every week. Keeping your loved ones safe means having dependable home insurance in Mississauga that can help your family recover after break-ins, theft or vandalism.
Insurance coverage can also help with extreme weather events. Mississauga and Toronto are no strangers to damaging storms. Flooding, ice storms and high lake effects have resulted in over $190 million in damages in the area. In Mississauga, temperatures can drop to -20 degrees Celsius in winter, and there are over 45 days of freezing weather on average every year. The area gets about 800 mm of rain annually, significantly higher than the Canadian average of 530 mm.
The Importance of Home Insurance in Mississauga
Home insurance in Mississauga is especially important considering the rising costs of building materials and repairs in the area. Between 2017 and 2022, the average price of building construction increased by almost 80%. That means that repairs that cost $5,000 in 2017 would cost $9,000 just five years later — almost double. Fortunately, insurance can assist greatly to cover your costs after accidents or damage.
Being prepared for the future means planning for potential dangers to your family. It means asking “What if…?” and then choosing home insurance you can count on. When something bad happens, you can face it with confidence because you have insurance to get you back on your feet again. At HUB International, we have a great reputation for helping families in Mississauga for a long time.
Essential Home Insurance for Mississauga Families
You have the freedom to choose different kinds of home insurance, as well as the level of coverage that fits your needs.
Dwelling Protection
One of the most common and useful types of home insurance is dwelling protection. This can cover damage to your home’s walls, foundation and roof, in addition to garages or other attached structures. After a hailstorm, you can repair or replace roof damage quickly.
Liability Coverage
Friends, relatives, neighbours and other visitors can hurt themselves at your home, such as by tripping on steps. Liability coverage can protect your finances if the injured party decides to take you to court.
Medical Payments Insurance
Medical payment coverage can deal with the costs of minor injuries for visitors. For example, if one of your child’s friends breaks an arm while visiting, this insurance can cover medical care. That way, you don’t need to argue over fault.
Additional Structure Insurance
If you have a shed, outdoor kitchen, gazebo, detached garage or another structure on your property, you can cover damage to it with additional structures insurance.
Flooding Insurance
Some parts of Mississauga are prone to flooding. Even if your home hasn’t had problems with floods in the past, it’s important to consider statistics from your neighbourhood. Our team can help you decide if this optional coverage is a smart investment for your home.
Personal Property Protection
Home insurance in Mississauga can also help protect valuables, such as furniture, jewelry, heirlooms, electronic devices, artwork and more. Personal property protection can help if someone breaks into your home or if a fire damages your possessions.