Buy seasonal home insurance in Canada- On Parle

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Buy seasonal home insurance in Canada- On Parle
Assurance
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What is the need to buy seasonal home insurance
in Canada?

• Those who own a second home other than the
  resident home should know how to protect their
  properties from unnecessary risks with seasonal
  residence insurance. Insuring a property
  considered a seasonal home is challenging because
  the policy for vacation properties is distinct
  from that of a residing home. 

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What do seasonal home insurance policies cover?

1. A second home is covered in a separate insurance
   policy compared to your primary residence.
   However, this relies on your insurance company
   and their policies.
2. The coverage for a seasonal home operated would
   be restricted to mentioned risk or fire and
   extended coverage, with the compensation on an
   actual cash value basis.
3. Liability is limited to the premises only. Theft
   and vandalism, or malicious acts are excluded.
   Water damage is restricted but excluded while
   vacant during the months of unoccupancy
4. The broad form for seasonal homes offers coverage
   for the building, other buildings on the
   property, contents, and unoccupancy. These
   coverages are similar to a primary home coverage
   with some lesser limits.
5. Almost all seasonal homes are covered somewhat
   routinely by adding the area to the same policy
   as the current primary home. However, some
   insurance companies insure properties that don't
   fit that standard, such as stand-alone seasonal
   homes or properties under a business name or in a
   faraway place like an island property.

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What is the need to buy seasonal home insurance
in Canada?

• Since each home is different and has its own
  special coverage requirements, you can't insure 2
  homes under a single home insurance policy.
  However, several insurance companies give
  policyholders a choice to buy two home insurance
  policies as a policy bundle, with one bill and
  several policy perks. Bundling policies with a
  single insurance company lowers your insurance
  premiums.
• Buy seasonal home insurance online to keep your
  second home safe while away, lowering your
  insurance premiums. Ensure the home has a
  security system and warning alarm. Hire a
  seasonal home manager to keep an eye on the house
  and perform maintenance while you are not around.
  Property managers can also take care of snow
  removals and landscaping, manage vacation
  tenants, and, most importantly, present on the
  premises to assess any damage quickly - whether
  an alarm rings or after an intense windstorm.

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• To know more about seasonal rental insurance,
  visit On Parle Assurance's website. At On Parle
  Assurance, they help you discover the right
  insurance policy because their brokers understand
  the impact insurance coverage can have on your
  personal or professional life. 

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