Home Insurance

You might think you're covered when you're really not. Some policies only cover what they have listed in print. This is generally referred to as a "standard policy". "Broad policies" refer to policies that cover a broader range of risks, however, unlike standard policies they list what is not covered. Finally, a "comprehensive policy" covers all risks, yet still may have other exclusions. Confused?

At The Neziol Group, we'll take you through all the possible variations until you know exactly what's covered and what's not. We're experts at unraveling the fine points in insurance and financial policies. When you work with us, you'll be advised on the best options available to you. Your insurance broker should custom tailor your policy to fit your specific lifestyles and needs. If you're unclear in any way about your situation, call The Neziol Group. You'll get the answers you need.

All homeowner policies have exclusions or limitations like jewellery... Our job is to help you identify these items and find reasonably priced supplementary protection... For example, if we have a heavy downpour that causes the storm sewers to back-up, flooding your basement and damaging your rugs and furniture, you may be surprised to find out that your policy excludes this coverage entirely. Our professional sales team advises you about these potential pitfalls and will recommend ways to avoid "coverage surprise."

All policies have common exclusions and limitations such as war, nuclear hazard, and wilful damage (to name a few). However the cheaper policies usually have more exclusions and will limit or cut coverage in areas where a loss is most likely to occur. A common exclusion on a cheaper policy would be to exclude electrical power surge to computers and appliances or limit jewellery coverage to $2,000 and cash to $200. A better policy will provide $6,000 for jewellery, $500 for cash, and include power surge. Call one of our professional sales staff for more information on exclusions and limitations.

Yes. For instance, if you live in an earthquake zone you should have coverage. But don't necessarily assume that you do. Unless it is specified directly or your broker or an insurance representative has stipulated that this is the case, you may not have the protection you need. As your insurance broker, we make sure that we ask the questions you might not ask, so you'll always know where you stand.

No policy can cover every possibility. The cost would be too prohibitive. Flooding in a floodplain region for instance, generally can't be covered because in certain situations or geographic locations such damage is inevitable. The challenge is to find the most appropriate coverage that suits you.

For example, if you live in Southern Ontario, you shouldn't be paying for avalanche insurance. This might sound extreme, but many people are paying for coverage that they don't need. With The Neziol Group, we'll make sure you'll only be paying for what you need.