Home Insurance

Home Insurance is a very special, tailored product, selected by us, to fit one of your most important investments you will make.

There are 3 major types of homeowners packages to choose from, known in the industry as:
Standard Homeowners - Basic Home insurance protection
Broad Homeowners - Middle of the road Home insurance protection
Comprehensive Homeowners - The Best Home insurance protection available in the Canadian Market place.

Within the 3 levels of home insurance protection, mentioned above, there are coverage's included as follows:

Coverage A - Dwelling Building, Insuring your home

Coverage B - Private Structures, Detached garages, sheds, etc

Coverage C - Personal Property, Insuring your contents within your home and you and your families personal belongings, clothing, etc.

Coverage D - Additional Living Expense, insuring the increase in necessary living expenses to the household in order to maintain normal standard of living.

Coverage E - Legal Liability, for bodily injury or property damage arising out of your personal activities.

Coverage F - Voluntary Medical Payments, will pay reasonable medical expenses, incured if you unintentionally injure another person or if accidentally injured on your premises.

Additional coverage's are and can be included in your home insurance package in order to tailor the insurance to fit your ever changing requirements.

Automobile Insurance

The Following is a brief explanation of the automobile insurance, that does make up your New Brunswick Automobile Insurance Policy.

Policy Section A - Third Party Liability

This provides for legal responsibility to others, arising from an automobile accident causing death or injury to persons or damage to their property.

Direct Compensation - Property Damage

This provides coverage in New Brunswick, under certain conditions, for damage to your automobile and to property it is carrying, when another motorist is responsible. It is called Direct Compensation because you will collect from your insurer, even though you are not at fault for the accident. There may be a deductible amount, and this amount is either paid by you toward the cost of repairs or is deducted from the loss settlement. Higher deductibles may reduce your premium.

Policy Section B - Accident Benefits

Payments For Death Or Bodily Injury - This provides coverage to the person insured, his / her immediate family and certain other persons injured or killed in an automobile accident. Payments are made regardless of who is to blame for the accident.

Policy Section C - Loss Of Or Damage To Insured Automobile

This section of the policy provides a selection of coverage's for your own automobile. There is usually a deductible amount indicated for each coverage and this amount is either paid by the policyholder toward the cost of repairs or is deducted from the loss settlement.

ALL PEILS: Subsection 1 - Combines the Collision and Comprehensive coverage.

COLLISION OR UPSET: Subsection 2 - Covers damage caused by Collision with another car, another object or by upset.

COMPREHENSIVE: Subsection 3 - Covers the automobile against loss or damage caused by certain other than by Collision or Upset. The coverage is not confined to specific hazards and is therefore broader in scope than the alternative coverage - Specified Perils
(Subsection 4)

SPECIFIED PERILS: Subsection 4 - Covers the automobile against loss or damage by certain specific perils. They are fire, theft, lighting, windstorm, hail, earthquake, explosion, riot, falling aircraft, rising water, or an accident to a vehicle or boat on which the automobile is be transported.

Policy Section D - Uninsured Automobile Coverage

Enables you the policyholder to obtain benefits from your own insurer for injuries caused by an uninsured or unidentified motorist. The coverage applies when a Canadian policyholder is travelling in Canadian jurisdictions and Sates of the USA where no funds exist.