Left Navigation “Acts of God” Home Insurance Insurance companies don’t use the phrase “acts of God.” They use the word “perils” to describe events that an insurance policy covers, and “exclusions” for events or situations that are not covered. Some people refer to the damage caused by a natural catastrophe – such as a hailstorm or high winds – as an “act of God.” However, you won’t find this phrase in any home insurance policy in Canada.Your home insurance policy lists the perils that it covers and the exclusions that it does not cover. You can purchase coverage for certain exclusions as an add-on to your policy; this is called an “endorsement.”Damage caused by many natural catastrophes that people like to call “acts of God,” such as hail and high winds, is covered by your home insurance. To find out more about what is and isn’t covered by home insurance, please refer to the All about Home Insurance brochure or talk to your insurance representative. Before You RenovateThinking of renovating? Whether it’s a major project (i.e., finishing a basement) or a minor upgrade (i.e., replacing kitchen cabinets), renovations affect the value of your home so it’s important to make sure you have the insurance protection you need.Home Insurance Q&AQuestion to ask your insurance representative.All about Home InsuranceA house is often the single largest financial investment you can make. Without insurance, your most valuable asset is vulnerable to fire, theft and other disasters. Related ServicesAluminum Siding Vs. BrickThe exterior of a home, such as whether it is built with aluminum siding or brick, is an important factor when calculating its replacement cost, (i.e., what it would cost to rebuild the house using similar materials if it were destroyed). Replacement cost, in turn, plays a large role in determining the premium for your home insurance policy.Insurance Benefits after an Auto CollisionIf you are seriously injured in an auto collision, your accident benefits (AB) coverage pays for rehabilitation treatment, income replacement and other services to help you recover.Car Improvements Following a CollisionIs a collision an opportunity to improve your vehicle? No, that would be fraud. Fraud is illegal and increases the cost of insurance for all drivers in Ontario.Neighbourhood Impact on Auto InsuranceWhere we live matters to us. That’s just as true when it comes to the cost of auto insurance. Premiums can vary from neighbourhood to neighbourhood and from city to countryside.Paying More for Less CoverageWe agree that Ontario auto insurance premiums are too high. There have also been some changes to coverage. Why is this? Colour Impact on Auto Insurance RatesThe colour of your car does not affect your car insurance premium. While the colour may be important to you, it’s not important to your insurance company.Medical Expense Payments Following a CollisionProvincial health insurance plans, private health insurance plans and auto insurers are all responsible for some of your expenses if you are in a collision. In Canada, auto insurers cover most medical expenses (other than for acute care).Flood Damage CoverageGenerally, overland flooding is not covered. Overland flooding occurs when water from rivers, streams or other bodies of water flows onto dry land and causes damage to homes. This kind of flooding can be caused by a spring thaw.Gas Vs. ElectricDo gas or electric appliances affect your home insurance premium? Absolutely not. Insurance FraudIf you are seriously injured in an auto collision, your accident benefits (AB) coverage pays for rehabilitation treatment, income replacement and other services to help you recover.Insurance PoolIs the money you pay for insurance set aside just for you, to cover any claims you have? Simply put – no. Useful LinksBuying Home InsuranceAs a homeowner, you need to insure your house for replacement costs so that in the event of serious damage or destruction you have adequate coverage. Be sure to keep your home insurance current by reporting material changes or upgrades.Types of PoliciesComprehensive, basic/named perils, broad and “no frills” are typical home insurance policies. Wording and what’s covered in individual policies vary from one insurer to another. Home insurance policies include personal liability coverage.Rights and ResponsibilitiesInsurance companies, brokers and agents are committed to safeguarding your rights when you shop for insurance and submit a claim following a loss. Buying TipsInsurance is a significant investment. Before you purchase coverage, getting answers to key questions can help you make informed decisions.