Property Insurance FAQ

If my home is damaged by a flood or fire, my losses will be reimbursed by the insurer

Not all losses are payable. Claims for losses are dependent on your policy coverage, especially the specific and general exclusion terms. Two home policies covering the same perils may not have the same exclusions. Also, in the event of an insured loss, you need to submit details of your belongings and proof of their existence. Prepare an inventory of your belongings and valuables beforehand, and make copies of receipts, photos or other kinds of evidence to prove ownership.