Insurance for Your Seasonal Property in Ontario
Now that spring has finally arrived in Ontario, it’s a good time to start thinking about insuring your cottage or other seasonal properties.
Here at the Ostic Group, we recommend doing a couple of things when you open up your cottage or other vacation property:
- Check the plumbing for leaks. Cold temperature can cause damage to pipes in unwinterized cottages, if they weren’t drained properly. Evaluate plumbing and get any repairs done immediately.
- Check for mice or other visitors. When a property is left alone for a long period of time, other critters like to move in. Look for signs of other residents and take steps to remove them if you find anything.
- See what needs upkeep. Notice any peeling paint, loose shingles or rotting decks? Get stuff repaired before your property suffers further damage from the elements.
- Check the boat engine. If you have a power boat, make sure you check the engine before you use it. Get a pro to service it, if it needs maintenance.
Got a cottage in the Muskokas or the Kawarthas? A holiday home in Southampton or Grand Bend? These family getaways are great candidates for protection with seasonal property insurance.
Make sure you talk to a broker at The Ostic Group about whether you may need extra coverages added to your basic insurance package:
- Other Structures: Coverage for outbuildings like boathouses and garages is often inadequate under a basic package. Make sure you’re not underinsured on these important parts of your property.
- Boats: If you have power boats or even sailboats, canoes and rowboats at your cottage, then you may need additional coverage for them. Ask your broker!