How to Manage Risks at Home
Keeping things safe and sound at home is your responsibility. Knowing common risks and taking preventative action can help you protect your most valuable assets.
- Know your risks and responsibilities
- Protect your home from property risks
- What to know about personal liability risks at home
- Prevent slips, trips and falls
- Know your liquor liability as a host
- What to do if you suffer loss or damage
Know your risks and responsibilities
While you can’t always protect your property from unpredictable events, you can help reduce the costs associated with loss or damage. Your insurance representative is on your side and can help provide a policy and additional optional coverages to help protect you and your family from financial risk.
It’s important to be aware of the risks – or potential losses and other adverse events – that you may face as homeowner or tenant. When you proactively manage risk, you also help:
protect people from harm;
mitigate risk to your property;
safeguard your valuables;
protect the environment;
reduce your liabilities;
help to clearly define your specific insurance needs.
What to know about personal liability risks at home
Did you know you could be held liable if someone is injured on your property? Whether you own or rent your home, you can be held personally liable for bodily injury or property damage unintentionally caused to others. It’s important to take steps to help prevent or reduce the risk of possible injury on your property.
What to do if you suffer loss or damage
In the event that something goes wrong, knowing how to respond and file a home insurance claim can help you stay calm in stressful situations.
It Is a good habit to maintain an up-to-date inventory of your belongings.
Know how to document loss or damage of your property.
Call your insurance representative when you have questions about your insurance coverage or when you need to file a claim. Your insurance representative is on your side and is able to assist.
Understand what to expect from the claims process and your insurance representative.
Use our home inventory spreadsheet to help you document your belongings.
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Protect your personal property from theft
Planning a vacation? Ask a trusted neighbour or friend to check your house every day or every few days, depending upon the time of year and the conditions in your policy. Learn more ways you can help prevent potential theft of your personal property.
Safety tips for each season
Accidents can happen at any time of year. Keep your property safe rain or shine.
Be prepared for severe weather
Know what to do before severe weather events strike. Learn how to create an emergency preparedness plan for your family and review it regularly.