What Are The Factors Affecting My Home Insurance Premium?

– Type of residence (single or multiple-family, rental property, condominium, mobile home).
– Construction material used (brick, wood, cement).
– The age, size and location of the home.
– Heating, plumbing, electrical, roofing and land grading.
– Fire protection (distance from a fire hydrant, nearest fire station).
– Loss experience (rate of crime, flooding, fire in the neighbourhood).
– Type of coverage, optional coverage, endorsements.
– Your deductible.
– Your claims history.
– Your discount eligibility.