Canadian homeowners can be caught off-guard by unknown insurance clauses, says 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 the policy and asking questions can mean the difference between financial security and devastating expenses.
Brokers should help homeowners understand their protection. Author's summary: Homeowners often overlook key insurance clauses.