Personal Insurance

Home Insurance

From homeowners to tenants, home insurance provides financial protection for you and your family

Damage
Whether it’s a fire or natural disaster, there could be home repairs required.

Theft
Replacing personal content.

Expenses
Receiving funds to cover additional living expenses.

Financing
Whether it’s buying a home or taking out a loan, your lender requires it.

Personal Liability
Should there be third party injury or property damage, it will help protect you.

Coverage available:

  • Comprehensive “all risk” coverage against property damage or loss
  • Guaranteed rebuilding cost without caps or limitations to match the quality of your home
  • Replacement cost for your contents without depreciation deduction
  • High deductible options to reduce your premiums
  • Additional living expense to maintain your standard of living
  • Worldwide coverage for your personal property away from the insured property
  • Protection against by-law mandated increased costs
  • Sewer back-up

Optional coverage available:

  • Critical home mechanical, electrical, and electronic breakdown repair or replacement
  • Identity theft and fraud
  • Kidnap & Ransom coverage
  • Travel Insurance
  • Legal Expense
  • Insurance
  • Excess liability available up to $25M

Second Home

  • Insurance can be provided on the same terms as your primary residence
  • Discounts achieved when you combine multiple homes on a convenient, single policy
  • Outside of Canada – protection can be offered in many foreign countries

Vacation Property/
Cottage Insurance

Designed for homes with a replacement cost greater than $500,000

  • Comprehensive “all risk” coverage against property damage or loss
  • Guaranteed rebuilding cost without caps or limitations to match the quality of your home
  • Replacement cost for your contents without depreciation deduction
  • High deductible options to reduce your premiums
  • Additional living expense to maintain your standard of living
  • Worldwide coverage for your personal property away from the insured property
  • Protection against by-law mandated increased costs

Optional coverage available:

  • Critical home mechanical, electrical, and electronic breakdown repair or replacement
  • Identity theft and fraud
  • Outside of Canada – protection can be offered in many foreign countries
  • Kidnap & ransom insurance
  • Travel insurance
  • Legal expense insurance

Automotive Insurance

All vehicles – regular use autos as well as ATV’s, snowmobiles, motor homes and collector cars are covered

  • Worldwide liability coverage – $ 1 million per occurrence
  • Excess auto liability also available
  • Deductible is waived in the event of a total loss
  • Agreed value – auto is insured for an agreed upon amount; no deduction for parts depreciation in the event of a partial loss
  • Extra discounts – for multiple cars, occasional use
  • Multi policy (home/auto) and mature driver discount
  • Temporary replacement transportation/rental vehicles coverage included
  • Non-owned automobiles – liability for damage included
  • Family protection coverage offered

Motorcycle/
Recreational Vehicle

From motorcycles to snowmobiles to camper trailers to ATVs, these vehicles may not be covered under your Home and Auto Insurance.

Through a consultation, we can help you get the Motorcycle / Recreational Insurance coverage that suits your individual needs. Coverage options include:

  • Additional liability coverage
  • Collision
  • Comprehensive
  • Roadside assistance
  • Total loss insurance
  • On road insurance for off-road vehicle

Personal Watercraft

From yacht to sea-doos, recreational watercrafts are valuable assets you want to protect.

We can help protect that investment by helping you choose the ideal personal watercraft insurance coverage that suits your individual needs.

  • Coverage for sailboats and power boats including yachts, runabouts, ski boats, jet skis, pontoon boats and fishing boats
  • Coverage for older vessels with recent marine surveys
  • Coverage for fiberglass, steel, aluminum and wood hulls
  • Total losses treated on a declared value/agreed value basis for hull and machinery – payment up to limits shown with no deduction for depreciation
  • Losses for personal effects settled on a replacement cost basis
  • $2 million protection and indemnity marine liability limit
  • $1 million water skiing liability limit included
  • Emergency expenses reimbursement – $1,000 limit
  • Personal effects – $2,000 limit for vessels under
  • $250,000; $10,000 limit per vessel over $250,000
  • Medical payments – $5,000 limit
  • Excess liability available up to $25M

Antique and Classic Automobile Insurance

Insurance is available for non-modified vehicles used for hobby and/or collector car activities, and not used for regular transportation.

Two categories:

  • Antique and classic for automobiles 25 years and older
  • Special interest for automobiles 15-24 years old

Automotive coverage up to $75,000 on newly acquired and replacement vehicles with 30 day notification period.

  • $2 million liability coverage available
  • $1,000 and $2,500 deductibles available
  • Policy issued on a Valued Form
  • Special discounts for multiple vehicles ownership
  • No depreciation on partial losses

Please note – Colour photos are requested for all vehicles

Art & Collection
Insurance

You are passionate about your collections, whether it’s jewelry, fine art, wine, furs, camera equipment, etc.

You want to know they are adequately insured for damage or loss regardless of where they are displayed or stored, or if you’ve purchased a new piece and want it protected. At The Insurance Market, we can provide excellent peace of mind coverage for your treasured items.

  • Worldwide coverage in the event of damage or loss
  • New acquisitions automatically covered up to 25% of the total policy limit at the time of purchase, with 90 days to add them to your policy
  • Replacement – up to 150% of scheduled value
  • Stand-alone policies available

Jewelry Insurance

  • Significant reduced pricing for items stored in a qualified vault
  • No appraisals required for pieces under $10,000
  • Blanket coverage for non-scheduled jewelry up to $20,000
  • Cash settlement versus replacement option is available
  • No deductibles applied
  • Mysterious disappearance included

Jewelry Appraisals

A “replacement cost” appraisal for your jewelry is important in securing a fair and expeditious claims settlement. This type of appraisal, as opposed to a “fair market” or “estate” appraisal is a formal opinion of a jewelry item, offered by a certified gemologist, verifying the authenticity, design, quality and monetary value of the item.

Art Insurance

TIM offers a full range of insurance products to meet the needs of every sector of the art market – fine art, antiques, collectibles, rare coins, ceramics, rare books and manuscripts.

  • Broad, all-risk worldwide coverage
  • Large and small capacity insurance
  • Immediate coverage binding
  • Blanket locations coverage
  • Expeditious, informed claims processing

Art services
Market value evaluations

  • Loss Prevention advice and disaster planning
  • Transportation, shipping and handling consultation
  • Fine art collections schedules
  • Curator and collection management services

Wine Insurance
Insurance for significant wine collections not insured separately from your homeowner’s policy.

Blanket or itemized coverage. With blanket coverage, your entire collection is covered under one limit, with a single bottle limit of $50,000
Itemized coverage is recommended for wines valued at $10,000 or more and can be combined with blanket coverage for ultimate protection
Worldwide coverage and while in transit
No deductibles on standard policies

Special Events

If you frequently host an event, consider coverage that protects you

If you frequently host an event (with or without alcohol), consider coverage that protects you from the risk of liability resulting from property damage, general liability or bodily injury. Some common examples of events that fall within this category includes:

  • Weddings
  • Meetings
  • Family reunions
  • Concerts
  • Video shoots
  • Hockey tournaments
  • Camps
  • Craft shows