The Rayson Team

Congratulations to our happy seller on the sale of her home in 4 days and over asking. Thank you for trusting The Rayson Team it was a pleasure working with you.

Homeowners insurance is a necessity, but it can also be very overwhelming.

LowestRates.ca has provided us with a great summary -
🏡 Home insurance is property insurance that protects your dwelling against losses or damages.
🏡 Depending on which type of home you’re living in (e.g.., house, condo or rental), you’ll need a different type of coverage.
🏡 Most lenders won’t release your mortgage funds until you’ve purchased a home insurance policy.
🏡 Home insurance will cover your personal belongings, living expenses should you need to live somewhere else while your residence is being repaired and your personal liability.
🏡 Home insurance won’t cover damage that was caused by neglect, nor will it completely cover high-value items like jewelry or art. Enhanced options for items like these are available if you need them.

But the list goes on!

Unfortunately, some of the more common events are not covered - mold, hurricanes, floods, earthquakes, mudslides, landslides, sinkholes, accidents, sewer backups, sump pump failure, ground movement and & pollution. You can buy additional policies for some of these things, but not all.

Take the time to shop around & never be afraid to ask questions. And, you can always ask your friendly neighbourhood 😉 for their preferred brokers or agents.