Types of Home Insurance Policy Coverage in Victoria

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Types of Home Insurance Policy Coverage in Victoria


Introduction  Home

Insurance is known as homeowner Insurance or house insurance.

 It is a type of property insurance which protects

your house from any damage or property.  Home

insurance includes both property insurance and liability coverage

 There

are different types of home insurance coverage policy in Victoria which are explained in the next slide.


Comprehensive  Comprehensive

insurance policy covers both building and its contents for all risks except which are specifically excluded.

 Two

types of risk which may not be included in any home insurance coverage. 

Uninsurable risk

Optional Coverage

 If

you are living in condo/strata you need customized insurance for your property.


Basic or Named Risks ď‚› If you wish to spend less and hold economic risk

of some failures yourself, think about basic or named risk. ď‚› This

policy covers only those risk which are specifically stated.

Personal Liability ď‚› Personal

liability occurs in an accident whether its inside your house or outside of your house, which result in bodily injury or physical damage for which you are held legally responsible.


ď‚› Discovery

Insurance Service is one of the leading insurance company in Victoria which provides all types of insurance.

#26-1644 Hillside Ave. Victoria, B.C. V8T 2C5 Tel: (250) 592-4887 Toll Free: 1-888-567-9555 Fax: (250) 592-4099 Email: info@discoveryinsurance.net

Website: http://discoveryinsurance.net/


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