Home Insurance Barrie, ON

Home Insurance: Barrie, ON

Barrie is a small, charming coastal town hugging the shores of Lake Simcoe in Ontario. Barrie offers its residents the benefits of living in a tight knit community and enjoying a small town feel while being conveniently located only a short drive away from Toronto and other metropolitan areas. Barrie itself is one of Ontario’s fastest-growing regions due to low unemployment rates and a strong economy. Is it any wonder you chose to make your home here? To protect that investment, you need home insurance in Barrie.

The Importance of Home Insurance in Barrie

Your home protects you from the elements and offers security. It also provides a special sanctuary where you can either enjoy your own company or spend quality time with those you love. When choosing home insurance in Barrie, ensure it provides compensation for the following potential risks.

• Reconstruction costs if your home sustains serious damage and needs to be rebuilt
• Liability coverage to pay for medical expenses, property damage or resulting lawsuit fees
• Living expenses to cover your temporary living arrangements if you are unable to occupy your home due to a disaster
• Basic coverage for personal valuables within the home, such as expensive jewelry and high-tech electronics

Severe winter storms and flooding during the summer months are two of the natural disaster threats that pose a risk to your home in Barrie. Like natural disasters, man-made disasters are often unexpected and unintentional. Kitchen fires or a leak that fills a blocked drain and floods the floors are two key examples. Reconstruction costs and living expenses both come in handy here.

Homeowners most often call upon liability coverage if someone has an accident while on their property. For instance, if you don’t remove ice and snow from your driveway, someone may slip and fall. If you have a dog on the property that attacks someone, this could also lead to medical expenses and the potential for a lawsuit.

Crime has been on the increase in Barrie over the past three or so years, but it is still much lower than most of Canada. Unfortunately, theft is one of the most common crimes in Barrie. If your home gets broken into, insuring all your most prized valuables can help to alleviate some of the pain of your loss.