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/