If you think about water damaging your home, you might conjure up an image of a hurricane, torrential rain or other natural catastrophe. The unfortunate reality is that damage that is caused when ordinary household appliances fail can be just as destructive.
In fact, water damage has now surpassed fire as Canada’s leading cause of personal property claims. Insurance companies can have specific requirements to have your home checked for that reason if you are away during the heating season. Be sure to read your policy or call your agent if you have any questions.