Preserve Peaceful Living With Insurance Protection
Just over 20,000 people enjoy the peaceful, rural setting of Sturgeon County. The community is a unique blend of rural and urban lifestyles set in a picturesque location in Alberta. There are plenty of outdoor and indoor amenities, a thriving energy sector and affordable, welcoming communities protected by Sturgeon County home insurance.
Peace of Mind With Sturgeon County Home Insurance
There are close to 7,000 private dwellings across Sturgeon County, with an average home value of $649,700. This is no small investment for residents. In spite of the low cost of living residents of Alberta enjoy, paying for repairs to a damaged roof or foundation could leave you strapped for cash. Home insurance can help lighten the load.
As a homeowner, you face a constant threat of the unexpected. Tornadoes can strike quickly, leaving significant devastation behind. High winds and heavy rains can down trees or cause flash flooding. Winter storms can bring snow and ice that cause roof damage. Wildfires can creep in and consume your home. Preparing for the unexpected means carrying home insurance.
The Purpose of Home Insurance
Sturgeon County home insurance is your way to protect against the unexpected. It’s financial peace of mind that when devastation or damages happen, you are covered. A home insurance policy specifies covered perils or incidents where the insurer provides the funds to repair or rebuild your home when damaged. The policy can also repair or replace lost or damaged belongings.
Home insurance isn’t a government requirement, but it’s typically a stipulation with a mortgage. The lender wants assurances of financial responsibility to make repairs should something happen. While insurance policies have standard coverage options, your situation may require you to invest in supplemental coverage or higher coverage limits.
The Coverage From Sturgeon County Home Insurance
Generally, there are two basic components to home insurance. The first covers the property and contents of the house, and the second covers the legal liability you have for injuring another person or damaging their property.
Property and Building Coverage
Under a basic policy, the structure of your home is protected during covered perils. These perils could include:
- Fire
- Water damage
- Theft
- Lightning
- Windstorm
Your specific coverage is outlined in the policy but your primary structure and attached structures, like a deck or garage, are usually included.
Personal Belongings or Contents Coverage
This part of the policy covers your personal belongings. If your water heater broke and created water damage, furniture or other damaged items could be eligible for replacement. If you are the target of theft or vandalism, the policy would help replace what was stolen. High-value pieces like art or jewellry may require supplemental coverage, as these will either exceed the limits of a basic policy or fall under an exclusion.
Additional Living Expenses Coverage
Basic home insurance often includes coverage for additional living expenses if you are displaced by a coverage incident. As your home undergoes repairs or is rebuilt, the policy will help pay for you to find temporary living arrangements and cover the cost of food and expenses beyond your normal routine. This coverage does have a payout limit.
Liability Coverage
Under liability coverage, accidental damages to a third party are covered. Your legal responsibility to pay for medical care, property damage or a court-issued settlement is covered up to a specified limit on the policy.