Montreal Homeowners: Don’t Fall for These 4 Insurance Myths
Buying home insurance can feel daunting, especially when conflicting advice floats around online. At Assurances Simon, your trusted Montreal insurance brokerage, we believe in clear facts. Let’s debunk four of the most persistent home insurance myths to help you protect your property with confidence.
Myth #1: “Older Homes Can’t Be Insured”
It’s easy to believe that heritage properties or century-old houses in Outremont are uninsurable. Actually, age alone doesn’t disqualify you. Insurers evaluate structural condition, wiring, plumbing, and roofing, so regular maintenance and updates often secure you competitive premiums. At Assurances Simon, we partner with carriers who appreciate Montreal’s architectural charm and offer specialized coverage for older homes.
Myth #2: “A Higher Deductible Always Saves Money”
Choosing a high deductible does lower your premium … but only up to a point! If your deductible is so steep that you hesitate to file a claim for a burst pipe or minor theft, you might end up covering hundreds or thousands out of pocket. We’ll work with you to balance premium savings against realistic out-of-pocket costs, ensuring your home insurance in Montreal remains both affordable and practical.
Myth #3: “Flood and Sewer Backup Are Included by Default”
Many assume that standard policies cover all water damage. In Quebec, however, flood and sewer backup are almost universally excluded unless explicitly added. Given Montreal’s aging infrastructure and spring-thaw risks, omitting sewer-backup protection can be costly. Our experts at Assurances Simon will tailor your policy with optional endorsements, so you’re not left paying for cleanup and repairs yourself.
Myth #4: “Home Insurance Covers Renovation Costs Automatically”
Planning a major kitchen remodel? Don’t assume your existing limits will stretch to cover renovation materials or newly installed fixtures. Renovations often increase replacement value, which may require an adjusted dwelling limit. We’ll reassess your coverage whenever you renovate, so your upgraded space is fully protected against fire, theft, or accidental damage.
Why Choose Assurances Simon for Your Montreal Home Insurance?
- Local expertise: Deep roots in Montreal neighbourhoods and Quebec regulations
- Customized plans: Policies built around your unique needs—old or new, condo or detached
- Dedicated support: Fast claims assistance and proactive annual policy reviews
Protecting your home is more than checking a box—it’s peace of mind for you and your family. Don’t let myths leave you underinsured. Contact Assurances Simon today for a no-obligation home insurance review tailored to Montreal homeowners.
Ready for a quote? Call us at 514-881-8885 or contact us. Sleep better knowing your most valuable asset is in expert hands.
