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What’s Not Covered in House Insurance?

Moneymagpie Team 17th Jan 2024 No Comments

Reading Time: 2 minutes

House insurance isn’t mandatory in Canada, but it’s often a prerequisite to buying a home. It’s protection that every homeowner should have, especially if it means keeping your big investment–and everything within it–safe.

House insurance varies in coverage and may exclude certain items or situations. It’s important to shop around to ensure you find the right coverage for your needs.

What’s Not Covered in House Insurance

Your house insurance policy may not cover you in all situations. Check your policy for things that may be excluded such as:


House insurance typically doesn’t cover damage caused by vermin, insects, and other pests. It’s often a good idea to look into good pest protection solutions to prevent them from affecting your home.

Poor Maintenance

Your insurance claim may be denied if certain damages were caused by poor maintenance. Problems like mould, wear and tear, leaky pipes, etc. aren’t usually covered, especially if they are preventable.

Faulty Workmanship

If elements of your home were damaged because they were poorly installed or had defects to begin with, you’ll likely end up with a denied claim. Be sure to trust licensed and qualified contractors to work on your home.

Natural Disasters

Some natural disasters, specifically landslides, earthquakes, and tsunamis, are usually left out of standard house insurance policies.


Most home insurance plans may cover valuables up to a certain amount. However, if you have expensive jewellery, art, collectibles, etc., you’ll likely need to get additional coverage.

How to Find the Best House Insurance For You

Here are some tips for choosing the right insurance policy for your needs:

Do Some Research

Read up on the different house insurance options that are available to you. You can also check trusted third-party ratings for reviews. Be sure to consider factors like the reputation of the insurance provider, the types of coverage it offers, and how it carries out related services, like dealing with claims.

Ask for Recommendations

Ask family, friends, or colleagues for recommendations on insurance companies and plans. They may be able to give you an inside scoop on the best ways to maximize your choices and even point you toward a trusted provider or agent that can give you better guidance.

Think About What You Need

A great way to narrow down your policy options is to consider the unique characteristics of your home. Things like your location, size and construction materials can impact the cost of your policy. It’s important to understand how these relate to the type and amount of coverage you’ll need.

Get the Right Amount of Coverage for Your Home

Getting a house insurance policy with the right coverage for your home is essential in protecting your hard-earned investment and everything that comes with it. When shopping for different plans, it’s best to consult a professional and compare different providers to choose the best option for you.

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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Jasmine Birtles

Your money-making expert. Financial journalist, TV and radio personality.

Jasmine Birtles

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