Request for Home Insurance
Quotation
Due to the complex and legal factors
involved in determining accurate home insurance quotations,
it
is highly recommended that you speak directly to an experienced
and licensed insurance broker
about calculating premiums, discounts, and all the variables affecting your
properties, contends, jewellery, etc...
that can help you get the
highest coverage at the lowest cost to meet your specific needs.
Call Cathy S. Ramsundar Insurance
Broker at Tel:(416)855-0677 OR (905)683-4549 OR Toll-free 1-866-527-8645
Resident's Information:
NOTE: Getting accurate quotes -
TIP All insurance quotations given by Cathy
S. Ramsundar Insurance Broker are limited to the Province of Ontario, Canada
where this Insurance Broker is fully and appropriately licensed by the
Registered Insurance Brokers of Ontario (RIBO).
*NOTE: Getting accurate quotes. Can I get an insurance quote
for my cottage, chalet or other seasonal home? If you're not looking to insure your primary residence, getting insurance
for your cottage or seasonal home can be challenging. Many companies are
unwilling to cover your cottage or seasonal home on a standalone basis, however,
most will provide coverage as an extension of your primary home insurance
package. In this case, it's generally listed on your primary home insurance
policy as a "Secondary" or "Seasonal" property.
Part of the reason is because a
cottage or seasonal home is often unoccupied, leaving these properties more
prone to theft and vandalism. As well, they are frequently located far from fire
halls, and if there was a fire, the property is more likely to be involved in a
total loss.
Request
a Call
**NOTE: Getting
accurate quotes. Do
you operate a home-based
business from your property? A basic home insurance policy may
provide enough coverage for your home-based business. However, you may want to
purchase additional coverage especially if your business:
•has customers visiting your home regularly
•uses specialized or costly equipment
•has product inventories has signs at the location advertising a business
•uses hazardous materials or processes
•has employees working from your home Some of this additional
coverage may be available through a rider that is simply added to your home
insurance policy. There are times however, when you might be better off
purchasing a commercial policy. Request a Call
***NOTE: Getting
accurate quotes. What is the
construction type
of your property?
Insurance companies use the construction type of your property to determine your
rates. Generally, if your home is of a more solid construction like brick or
brick veneer, the lower your insurance rates. This is because these materials
are less combustible than other building materials
****NOTE: Getting
accurate quotes What is the
replacement value
of your residence?
The replacement value of your home is the price to rebuild your house (with
materials of like kind and quality) after a serious loss, like fire. It is not
the amount you would get if you sold your house and, it does not include the
value of the land where your house is located.
An average replacement value for most urban Canadian centres is about $130 per
square foot. When you speak to your agent or broker, they will make sure your
actual policy reflects your home's true replacement value based on tools and
statistics they have available
*****NOTE: Getting
accurate quotes What is the primary method
of heating in your property?
Insurance companies consider the method you use to heat your
property to determine your rates. Some forms of heating are
safer than others
What additional heating do you
use
to heat your property?
Insurance companies will consider the use of any additional
heating methods in the home when determining your rates.
Generally, if you use any additional methods, your risk of fire
and accidents are higher, therefore,
your rates may be higher.