Home insurance coverage you can count on
How to adjust your home insurance to your needs
Home insurance helps you safeguard the investment you’ve made in your home, whether you own or rent. If something ever happens to it, or your belongings, home insurance can cover the cost to get your life back on track.
Home insurance isn’t mandatory in Ontario, but most financial institutions require that you have it before you can get a mortgage. Some landlords also require that tenants show proof of home insurance before providing a lease.
Adding to your coverage
If you're new to Onlia, you can add to your coverage while getting a quote. It's easy.
Personal Property, Additional Living Expenses, Personal Liability and Flood and Sewer Backup can be added and taken away as needed.
Personal Property coverage is based on the estimated total value of your home. The percentage you select (25%, 50%, or 75%) reflects the amount of coverage you have relative to your home’s estimated value. For example, if your home is valued at $500,000, and you choose 50% coverage, then you would have a maximum of $250,000 in coverage for your belongings if they’re damaged or stolen.
High-Value Items coverage includes a maximum of $10,000 across all item categories such as jewellery, sporting equipment, fine art and more. If you want to protect items that exceed that amount, you can always increase your coverage in My Account.
Guaranteed Replacement Cost means that we will cover the full cost of replacing your home, even if it exceeds your policy’s limits.
If you get sued (knock on wood), claims can easily exceed millions of dollars in expenses — that’s where liability coverage comes in. It will reduce the risk of having to pay out of pocket.
Premium coverages and features
With your Onlia home policy, you’ll get premium coverages and features, including:
What's included in your coverage
When you have home insurance with Onlia, you’re covered for almost any type of damage to your home.
The building, its contents, alternate accommodation, liability
— all covered!
This includes your possessions when you’re travelling anywhere in the world. Pretty awesome, right?
We cover these types of damage to your home:
Business use coverage
Business use at home is covered as long as your home-based business is an approved office, sales, or crafts business. For example, an accounting firm, a barbershop, or a pottery studio.
Legal assistance is covered by your home policy. Contact us at
1-844-472-7901 and we’ll connect you with legal counsel who specializes in your situation. We can point you in the right direction if you’re looking for advice regarding: