Protect Your Property with Hamilton Home Insurance
Hamilton, Ontario, tops the Conference Board of Canada’s list for economic diversity, making it an attractive place to live, no matter how you make your living. The housing market is exploding, with rates increasing 28% year over year. This Southern Ontario metropolitan region has much to offer its residents, and buying a house here is an excellent investment. To protect your property, make sure you have Hamilton home insurance that meets your needs.
The Risks Hamilton Homeowners Encounter
This region of the country experiences warm and humid summers, pleasant autumns, long and cold winters and too-short springs. The frequency of intense storms is on the rise, a trend that is expected to continue due to climate change.
While the weather increasingly presents challenges, crime rates in this city are below average for the country, making it a safe place to establish roots. When you shop for Hamilton home insurance, consider coverage that protects your home from the following risks:
- Fire and smoke: House fires are more common than you might think. On average, 24,000 households in Canada experience the trauma and destruction of a fire. Both the flames and the smoke can cause extensive damages.
- Floods: Flooding is more common in Hamilton, as intense rainstorms become a regular part of our region’s annual weather patterns. Flooded streets in the urban center — particularly in the city’s oldest areas that do not have storm drains — and overflowing creeks can intrude into your house, causing significant water damage.
- High winds: Severe storms, including those that produce tornados, are not uncommon in Hamilton. High winds can tear off siding, damage roofs and topple trees that sit next to your house. Get Hamilton home insurance that carries enough coverage for wind damage.
- Property crime damage: Hamilton's property crimes are much lower than the Canadian average. However, they still occur and can be devastating to those who have their valuable stolen or property vandalized.
This city offers residents access to both urban amenities and natural beauty. As with any location, it pays to know what risks you face as a homeowner so you can take the steps needed to protect your family and your property.
Standard Insurance Coverages
A standard insurance policy typically offers protection for smoke, fire, and wind damage, as well as property crime losses. However, insurance providers differ in established policy limits, deductibles, premiums, and exceptions.
At HUB International, we are committed to helping you find Hamilton home insurance that fits your budget and meets your needs. We work with you to determine what level of coverage you need and provide you with options that fit. Our goal is to make it easy for you to choose the right policy for you.
Add-On Options for Consideration
You may think that a standard policy protects you from the perils you face in Hamilton, but these plans do not offer protection for every risk. If you live in an area of the city with a significant chance of flooding, you may want to talk to your HUB International broker about procuring flood insurance.
When your property has more than one structure on it, such as a detached garage, make sure you have Hamilton home insurance that covers the additional structures and their contents. Your broker can help you determine what type of coverage you need for these buildings.