Homeowners Insurance
Your home is worth protecting
Your home.
Your stuff.
Your peace of mind.
Your home is more than four walls and a roof. It’s where you live, the things you’ve worked hard for, and the place you come home to every day.
Garriock helps Manitoba homeowners find insurance coverage that makes sense for their home, their belongings and their circumstances.
Your Home
Coverage for your house and insured structures when damaged by a covered loss.
Your Belongings
Protect your furniture, electronics, clothing and other personal belongings.
Personal Liability
Protection if you’re responsible for injury to someone or damage to their property.
Additional Living Expenses
Help with certain additional costs if a covered loss makes your home uninhabitable.
Insurance shouldn't be one-size-fits-all
Whether you’re buying your first home, moving, renovating, or wondering if your current coverage still makes sense, we’ll help you understand your options and find coverage that makes sense.
Buying a home?
Don’t leave insurance until the last minute.
Your lender will typically need proof of insurance before your mortgage closes. Getting a quote early gives you time to understand your coverage and make sure everything is ready when you need it.
FAQ: Homeowners Insurance
Is homeowners insurance mandatory in Manitoba?
Homeowners insurance is not required by law in Manitoba. However, most mortgage lenders require you to have home insurance as a condition of your mortgage. Even if you own your home outright, insurance helps protect you from potentially significant costs following a covered loss.
What does homeowners insurance cover?
Homeowners insurance can help protect your home, personal belongings and personal liability. It may also provide coverage for additional living expenses if your home becomes uninhabitable following a covered loss. The specific coverage and limits depend on your policy.
Does homeowners insurance cover water damage?
It depends on the type of water damage and the coverage included in your policy. Some water-related losses may be covered under a standard policy, while coverage for things such as sewer backup or overland flooding may require additional coverage. Your Garriock broker can help you understand what coverage makes sense for your home.
Does homeowners insurance cover theft?
Home insurance can provide coverage for stolen or damaged personal belongings following a covered theft. Certain high-value items, such as jewellery, collectibles or specialized equipment, may have specific limits or may benefit from additional coverage.
How much homeowners insurance do I need?
Your home should generally be insured based on the estimated cost to rebuild it, rather than simply its market value. Factors such as the home’s age, size, construction, features and renovations can affect the estimated replacement cost. Your broker can help determine an appropriate amount of coverage.
Does homeowners insurance cover my belongings?
Yes, homeowners policies generally include coverage for personal belongings, subject to the terms, limits and exclusions of your policy. This can include things such as furniture, clothing, electronics and appliances. Some higher-value belongings may have specific coverage limits.
What if I work from home?
If you operate a business from your home, it’s important to tell your insurance broker. Standard homeowners insurance may not provide all the coverage you need for business equipment, inventory or liability. Your broker can help determine whether additional coverage is appropriate.
What isn't covered by homeowners insurance?
Home insurance doesn’t cover every possible type of loss. Coverage depends on the policy you choose, and certain events, types of damage and maintenance-related issues may be excluded. Additional coverage may be available for some risks, such as overland flooding or sewer backup.
I'm buying a home. When should I get insurance?
It’s a good idea to arrange your home insurance before your possession date. Your mortgage lender will typically require proof of insurance before closing, and having your coverage arranged ahead of time gives you an opportunity to review your policy and ask questions.
Can Garriock help me figure out what coverage I need?
Absolutely. You don’t need to know all the insurance terminology before you call us. Tell us about your home, your situation and what you’re concerned about, and we’ll help you understand your options.
Coverage varies by policy and operation; contact us for specifics.