Have you ever:

Each one of these circumstances is an ugly event to be a part of. Don’t let life’s wild cards take away your home and all you’ve worked for. Contact Crosbie Job Insurance in Newfoundland now to preserve and protect your home and family. One of our insurance professionals will be happy to review your current insurance policy, because it’s not just a house: it’s your home.

At Crosbie Job, we offer three main types of homeowners insurance to the residents of Newfoundland. You have a choice of Basic (Fire & EC), Broad Form or Comprehensive. All of your home insurance options include protection against a wide range of risks. We can offer you a policy that covers your home, your contents and any liability claims, meaning you can sleep easy. Our insurers offer a variety of different deductibles and add-on coverage for homes of every shape and size in Newfoundland. What does this mean for you? It means we offer you the maximum flexibility and the best home insurance coverage in Newfoundland tailored to meet your needs.

At Crosbie Job Insurance Limited, we have protected the citizens of Newfoundland and their homes since 1984. Not only are we friends with the people here in St. John’s, but we are friends with all Newfoundland residents. When you insure with Crosbie Job, it’s our job to get you the best coverage at the best rate. We work with many different insurers to place your business. Our insurance is based on strength and experience.

We’ve got you covered.

Don’t waste a moment leaving your property and/or contents unprotected. The consequences of damage or theft are unthinkable if your home insurance policy doesn’t cover what you need. Don’t leave your home or its contents unprotected. Contact us for a free, fast and confidential homeowners insurance quote today. All you need to do is fill out the Protection Savings Quote Form and our professional team at Crosbie Job will contact you to review your home insurance options together.

Crosbie Job Insurance: FAQ: Home Insurance

At Crosbie Job Insurance, we do more than provide home insurance; we deliver peace of mind. Our team of highly qualified and licensed Newfoundland insurance brokers bring an unrivalled level of expertise and dedicated service to ensure your biggest investment—your home—is well protected. Whether you’re located in the bustling heart of St. John’s or the tranquil coastlines of Newfoundland, we’re committed to safeguarding your sanctuary.

Frequently Asked Questions about Home Insurance

What is Home Insurance?

Home Insurance is a form of coverage that protects your home and personal property against damage from unexpected incidents like fire, theft, storms, and more. It also quite often covers liability in case someone is injured on your property. Our aim at Crosbie Job Insurance is to provide comprehensive home insurance coverage that gives you peace of mind knowing your home and belongings are protected.

What types of home insurance does Crosbie Job Insurance provide?

We offer three primary types of home insurance: Basic (Fire & EC), Broad Form, and Comprehensive. Each provides a unique coverage level suited to different needs and budgets. We’ve covered your needs whether you require protection for your home, your contents, or liability coverage.

What is included in the basic home insurance policy?

Our basic home insurance policy, Fire & EC, covers your home and personal belongings against standard risks such as fire. Extended Coverage expands the insurance policy to include protection against a specified list of additional perils beyond fire. While the specific perils covered under EC can vary by policy and insurer, they commonly include the following:

• Windstorm or Hail: Damage caused by wind or hail.
• Explosion: Damage due to explosions, excluding certain types like nuclear explosions.
• Riot or Civil Commotion: Damage caused by rioting or civil unrest.
• Aircraft: Damage from aircraft, including objects falling from them.
• Smoke: Damage from smoke, not including smoke from industrial operations or agricultural smudging.
• Additional perils like volcanic eruption, lightning, and others may also be included.

“Extended Coverage” was historically used to add these perils to a standard fire insurance policy, enhancing the policy’s scope of protection. Today, many insurance products are packaged more comprehensively, automatically including what was once considered “extended” perils. However, the term “Fire & EC” is still used to denote policies that cover under the most basic package.

Policyholders need to review their insurance contracts carefully to understand which perils are covered under their policy and to ensure that their coverage meets their needs. Specific terms, covered perils, and exclusions vary significantly between policies and insurers.

Unfortunately today most insurance homeowners policies that are written as Fire & EC, will cost more and may even include exclusions for certain coverages.  The thinking here is that if policy needs to be a Fire & EC policy is that it does not qualify for the Broad or Comprehensive plans and unfortunately will be viewed as a substandard risk.

What does the Broad Form home insurance policy cover?

Broad Form Homeowners Insurance is a common policy type that offers a Guaranteed Replacement Cost on your Home. This insurance protects homeowners against various property and personal belongings risks. Still, it does so on a “named perils” basis for contents, which means it only covers risks specifically listed in the policy for personal property. However, the home’s structure is often covered on an “all risks” basis, subject to specific exclusions.

Key Features of Broad Form Homeowners Insurance in Canada:

• Dwelling Coverage on an All-Risks Basis: The policy typically covers any direct physical loss or damage to the home except for those causes explicitly excluded from the policy. This means a risk is generally covered if not specifically excluded.
• Contents Coverage on a Named Perils Basis: Personal belongings within the home are covered for losses resulting from perils specifically named in the policy. Common named perils include fire, theft, vandalism, certain types of water damage, and others.
• Liability Protection: Broad Form policies in Canada include liability coverage, which protects the homeowner against claims for bodily injury or property damage accidentally caused to others. This coverage is important for financial protection against third-party lawsuits or claims.
• Optional Coverages: Homeowners can add endorsements to a Broad Form policy to enhance protection. These can include increased limits for certain types of personal property (e.g., jewelry, art), additional coverage for risks not included in the standard policy (e.g., sewer backup), and special coverage for high-value items.

How is the Comprehensive home insurance policy different?

Comprehensive Homeowners Insurance in Canada, often regarded as the most inclusive form of insurance available, offers extensive protection for the home’s structure and the personal property within it. Unlike more limited forms of coverage that protect against specific, named perils, a comprehensive policy typically covers all the dwelling and contents risks, subject to explicit exclusions. This means a risk is generally covered if it is not specifically excluded from the policy.

Key Features of Comprehensive Homeowners Insurance:

• Guaranteed Replacement Cost: This policy provides Guaranteed Replacement Cost. This broad protection ensures that any damage or loss suffered, unless specifically excluded, is covered. Common exclusions include wear and tear, mechanical breakdown, and intentional damage.
• Liability Coverage: Like other forms of homeowners insurance, comprehensive policies include liability protection. This covers the homeowner for legal responsibility if someone is injured or their property is damaged while on the homeowner’s property.
• Additional Living Expenses: Should the home become uninhabitable due to a covered loss, comprehensive policies typically cover additional living expenses, such as temporary housing, meals, and more.
• Special Limits: While offering broad coverage, comprehensive policies still have special limits for certain types of personal property, such as jewelry, art, and collectibles. Homeowners may need to purchase additional coverage or endorsements to protect high-value items fully.  We encourage you to speak to your broker, to clarify limits on specialty items etc.

Advantages of Comprehensive Homeowners Insurance:

• Extensive Coverage: Provides peace of mind through its all-encompassing approach to protecting your home and belongings.
• Simplicity and Convenience: Eliminates the need to understand the nuances of named perils for different aspects of your property, offering a straightforward solution.
• Customization Options: Allows for adding endorsements to cover specific risks not included in the standard policy or to increase coverage limits for high-value items.

Considerations:

• Cost: Comprehensive policies are typically more expensive than basic or broad-form policies due to their extensive coverage.
• Exclusions: Homeowners should carefully review their policy exclusions. Common exclusions include natural disasters such as earthquakes and floods, for which separate coverage may be necessary.
• Deductibles: Higher deductibles can lower premiums but mean higher out-of-pocket costs in the event of a claim. Homeowners should choose a deductible that balances affordability with their willingness to assume risk. 

Comprehensive Homeowners Insurance is ideal for those seeking the most extensive coverage available in Canada, providing broad protection against various risks. It suits homeowners who wish to minimize their financial exposure to property and liability risks. As with any insurance product, individuals should review their policy details carefully, consider their specific needs, and consult with an insurance professional to ensure they have the appropriate level of coverage.

Why do I need home insurance in Newfoundland?

Your home isn’t just a structure; it’s a refuge filled with cherished memories. Given the unpredictable weather in Newfoundland and the potential for unexpected events like fires or theft, home insurance is an essential layer of protection. It ensures that your most significant investment is well protected.

Can I customize my home insurance policy to my needs?

Absolutely. Every homeowner has unique needs, and at Crosbie Job Insurance, we acknowledge that. We work closely with you to tailor a policy that aligns with your specific needs, offering you maximum flexibility and the most comprehensive coverage.

What factors can affect my home insurance premium?

Numerous factors can influence your home insurance premium, including your home’s location, age and condition, the cost to rebuild, your home’s safety features, and your claims history and your address. At Crosbie Job Insurance, we will help you understand these factors and how they influence your premium.

What happens if my home’s value or possessions change?

Significant changes to your home or possessions may affect your coverage needs. If you purchase new valuables, make significant improvements to your home, or even if the value of your home changes, it’s important to inform us. We’ll adjust your policy to ensure it continues to provide the coverage you need.

Can I add extra coverage to my home insurance policy?

Yes, at Crosbie Job Insurance, we offer add-ons or endorsements that you can add to your policy for enhanced protection. These can cover valuable items like jewelry, art, and electronics or provide additional liability coverage. Our team will help you identify which add-ons make sense for your situation.

What do I do if I need to make a claim?

Should you need to make a claim, our dedicated claims team will guide you through every step of the process. We’ll help you understand what’s covered, your policy limits, and how to navigate the claims process effectively. We’re here to make the process as smooth and stress-free as possible.

What is liability coverage, and why is it important?

Liability coverage is part of your home insurance policy that covers legal costs if someone is injured on your property and you’re found legally responsible. It’s essential as it protects you against potentially significant financial losses arising from such incidents.

What can I do to lower my home insurance premium?

There are various ways to lower your home insurance premium. These include bundling your home and auto insurance, installing a security system, maintaining a good claims history, and increasing your deductible. Our team at Crosbie Job Insurance can provide more details and help you find ways to save on your premium.

Is home insurance mandatory in Newfoundland?

While home insurance is not legally required in Newfoundland, it’s strongly recommended. Not having insurance means risking financial disaster in unexpected incidents like fire, theft, or weather-related damage. Moreover, if you have a mortgage, your lender will likely require you to have home insurance.

What is a deductible, and how does it impact my home insurance premium?

The deductible is the amount you’re responsible for paying out of pocket before your insurance coverage kicks in when you file a claim. The higher your deductible, the lower your premium because you assume more risk. However, it’s important to ensure your deductible is an amount you can comfortably afford in case of a claim.

Does home insurance cover damage caused by natural disasters?

Home insurance typically covers damage caused by some natural disasters, such as windstorms and hail. However, coverage for events like earthquakes or floods may not be included in standard policies and might require additional coverage. Our team at Crosbie Job Insurance can help you understand what’s covered and whether additional protection is needed.

Are my possessions covered when I am travelling?

Yes, a standard home insurance policy from Crosbie Job Insurance includes coverage for your personal property, even when you’re away from home. However, there may be limits to this coverage, especially for high-value items. We recommend reviewing your policy or speaking with us directly to understand the extent of your coverage.

What should I do to maintain my home insurance policy?

Regularly reviewing your policy ensures it keeps up with changes in your life. Any changes in your home, like renovations, new high-value items, or even changes in your neighborhood, should be reported to us so we can adjust your policy accordingly. Regular home maintenance can also help avoid damage and potential claims, which can impact your premium.

How can I get started with Crosbie Job?

It’s simple. Fill out our Protection Savings Quote Form, and our professional team will contact you to review your home insurance options. We offer free, fast, and confidential home insurance quotes tailored to your needs.

Remember, at Crosbie Job Insurance, your peace of mind is our priority. We’re always ready to help you navigate your home insurance needs. Let us be your trusted partner in securing your home in Newfoundland.

A Legacy of Protection

Crosbie Job Insurance has been the trusted name in Newfoundland home insurance for nearly four decades. We’ve been more than just your insurance broker; we’re your neighbors and friends who understand the unique challenges of protecting a home in Newfoundland.

Don’t leave your home or its contents vulnerable to unexpected events. The potential fallout from damages or theft can be devastating if your home insurance policy doesn’t provide the necessary coverage. With our team, you’ll get the right protection tailored to your needs.

Getting started is easy. Fill out our Protection Savings Quote Form, and we’ll get back to you with a custom-tailored policy designed just for you. At Crosbie Job Insurance, we’re not just about coverage but about peace of mind.

Trust in Us, Trust in Crosbie Job Insurance

Your home is more than just a house. It’s where memories are created, relationships are nurtured, and you find solace in the world. It’s important to choose a home insurance provider who understands and respects the value of your home.

Choosing Crosbie Job Insurance means choosing a team of passionate, experienced professionals dedicated to protecting your sanctuary. We’ve served Newfoundland residents for decades and are committed to continuing this journey, one policy at a time.

Your home is your sanctuary, and its protection is our job. Trust in us. Trust in Crosbie Job Insurance.

Contact us now for your free quote!