Overlooked Insurance Clauses
Canadian homeowners are often caught off-guard by insurance clauses they are not aware of, according to an expert.
“Homeowners often believe their policy protects them in every scenario, but in reality, coverage depends on meeting certain conditions and understanding where limits apply,”
says Fleur Dsouza, licensed insurance broker and LowestRates.ca expert. Reviewing policies carefully and asking questions can mean the difference between financial security and devastating expenses.
- Vacancy restrictions are one of the most overlooked insurance clauses.
Author's summary: Homeowners often overlook crucial insurance clauses.