Homeowner Insurance Coverage Options

Homeowner Insurance Coverage Options

Homeowner insurance provides coverage for your home, garage or shed, and your personal belongings. It may also provide financial protection in case you unintentionally injure someone or damage their property. We offer AMA members a choice of homeowner package policies:

  • Exclusive

  • Type of coverage: All Risk
  • Package Description: Designed for homes over $400,000, it offers the same protection as Excel, but provides higher limits.
  • Deductible: $1,000
  • Excel

  • Type of coverage: All Risk
  • Package Description: Our best level of protection. It protects against all risks, except those listen as exclusions in your policy.
  • Deductible: $1,000
  • Enhanced

  • Type of Coverage: All-risk on building/named perils on personal property
  • Package Description: Our mid-level package. It protects against all risks on your building, exept those listed as exclusions in your policy, and provides protection for your contents for those perils listed in your policy.
  • Deductible: $1,000
  • Essential

  • Type of Coverage: Named Perils
  • Package Description: Our most basic package. It offers protection for those perils listed in your policy
  • Deductible: $1,000

Categories of Coverage

Building

  • Minimum building coverage (replacement cost included)
  • Minimum building coverage (actual cash value)
  • Detached buildings
  • Inflation protection
  • Home replacement cost guarantee
  • Exclusive

  • Minimum building coverage (replacement cost included)$400,000
  • Minimum building coverage (actual cash value)Not available
  • Detached buildings: 20% of building limit
  • Inflation protection: Included
  • Home replacement cost guaranteeIncluded
  • Excel

  • Minimum building coverage (replacement cost included)$100,000
  • Minimum building coverage (actual cash value)Not available
  • Detached buildings: 15% of building limit
  • Inflation protection: Included
  • Home replacement cost guaranteeIncluded

  • Enhanced

  • Minimum building coverage (replacement cost included)$100,000
  • Minimum building coverage (actual cash value)$100,000
  • Detached buildings: 15% of building limit
  • Inflation protection: Included
  • Home replacement cost guaranteeNot available
  • Essential

  • Minimum building coverage (replacement cost included)$100,000
  • Minimum building coverage (actual cash value)$100,000
  • Detached buildings: 15% of building limit
  • Inflation protection: Included
  • Home replacement cost guaranteeNot available

Personal Property

  • Personal property on premises (replacement cost included)
  • Personal property temporarily off premises
  • Personal property while moving anywhere in Canada
  • Personal property of a student attending university or college away from home
  • Credit card/counterfeit money
  • Identity theft
  • Food spoilage in your home freezer
  • Lock replacement (if keys are stolen)
  • Auto lock replacement or recoding (if keys are stolen)
  • Property of family member in health care facility or nursing home
  • Fire department charges
  • Sewer backup coverage
  • By-laws coverage
  • Outdoor trees, shrubs and plants
  • Safety deposit box
  • Funeral benefit
  • Exclusive

  • Personal property on premises (replacement cost included)75% of building limit
  • Personal property temporarily off premisesPersonal property limit
  • Personal property while moving anywhere in Canada60 days or policy expiration date, whichever occurs first
  • Personal property of a student attending university or college away from homePersonal property limit
  • Credit card/counterfeit money$25,000
  • Identity theft$20,000 per occurrence ($40,000 per policy term)
  • Food spoilage in your home freezerPersonal property limit
  • Lock replacement (if keys are stolen)$3,000
  • Auto lock replacement or recoding (if keys are stolen) $500
  • Property of family member in health care facility or nursing home10% of personal property limit (up to $10,000)
  • Fire department chargesPersonal property limit
  • Sewer backup coverageAvailable
  • By-laws coverage10% of building limit
  • Outdoor trees, shrubs and plants5% of building limit (up to $3,000 per plant)
  • Safety deposit box Personal property limit
  • Funeral benefit$5,000
  • Excel

  • Personal property on premises (replacement cost included)75% of building limit
  • Personal property temporarily off premisesPersonal property limit
  • Personal property while moving anywhere in Canada30 days or policy expiration date, whichever occurs first
  • Personal property of a student attending university or college away from home$10,000
  • Credit card/counterfeit money$10,000
  • Identity theft$15,000 per occurrence ($30,000 per policy term)
  • Food spoilage in your home freezer$3,000
  • Lock replacement (if keys are stolen)$1,000
  • Auto lock replacement or recoding (if keys are stolen) $500
  • Property of family member in health care facility or nursing home10% of personal property limit (up to $10,000)
  • Fire department chargesPersonal property limit
  • Sewer backup coverageAvailable
  • By-laws coverage10% of building limit
  • Outdoor trees, shrubs and plants5% of building limit (up to $1,500 per plant)
  • Safety deposit box $10,000
  • Funeral benefit$5,000

  • Enhanced

  • Personal property on premises (replacement cost included)75% of building limit
  • Personal property temporarily off premises20% of personal property limit
  • Personal property while moving anywhere in Canada30 days or policy expiration date, whichever occurs first
  • Personal property of a student attending university or college away from home$10,000
  • Credit card/counterfeit money$10,000
  • Identity theft$15,000 per occurrence up to $30,000 per policy term
  • Food spoilage in your home freezer$1,500
  • Lock replacement (if keys are stolen)$1,000
  • Auto lock replacement or recoding (if keys are stolen) $500
  • Property of family member in health care facility or nursing home10% of personal property limit (up to $10,000)
  • Fire department chargesPersonal property limit
  • Sewer backup coverageAvailable
  • By-laws coverage10% of building limit
  • Outdoor trees, shrubs and plants5% of building limit (up to $750 per plant)
  • Safety deposit box $10,000
  • Funeral benefit$5,000
  • Essential

  • Personal property on premises (replacement cost included)75% of building limit
  • Personal property temporarily off premises20% of personal property limit
  • Personal property while moving anywhere in Canada30 days or policy expiration date, whichever occurs first
  • Personal property of a student attending university or college away from home$10,000
  • Credit card/counterfeit money$10,000
  • Identity theft$15,000 per occurrence ($30,000 per policy term)
  • Food spoilage in your home freezer$1,500
  • Lock replacement (if keys are stolen)$1,000
  • Auto lock replacement or recoding (if keys are stolen) $500
  • Property of family member in health care facility or nursing home10% of personal property limit (up to $10,000)
  • Fire department chargesPersonal property limit
  • Sewer backup coverageAvailable
  • By-laws coverage10% of building limit
  • Outdoor trees, shrubs and plants5% of building limit (up to $750 per plant)
  • Safety deposit box $5,000
  • Funeral benefit$5,000

Special Limitations (Higher limits may be available for some items. Contact your agent for more information).

  • Business-related books, tools and instruments (on premises)
  • Jewellery, furs and watches
  • Silverware
  • Securities
  • Money, bullion
  • Collectible cards, comic books and memorabilia
  • Numismatic property (coins)
  • Philatelic property (stamps)
  • Computer software
  • Tapes and discs in vehicle
  • Bicycles (limit per bike)
  • Garden-type tractors
  • Watercraft
  • Utility trailers
  • Animals, birds and fish
  • Spare automobile parts
  • Exclusive

  • Business-related books, tools and instruments (on premises)$10,000
  • Jewellery, furs and watches$15,000
  • Silverware$20,000
  • Securities $10,000
  • Money, bullion$1,000
  • Collectible cards, comic books and memorabilia$5,000
  • Numismatic property (coins)$5,000
  • Philatelic property (stamps)$5,000
  • Computer software$5,000
  • Tapes and discs in vehiclePersonal property limit
  • Bicycles (limit per bike)Personal property limit
  • Garden-type tractors$20,000
  • Watercraft$6,000
  • Utility trailers$2,000
  • Animals, birds and fishPersonal property limit
  • Spare automobile parts $1,000
  • Excel

  • Business-related books, tools and instruments (on premises)$5,000
  • Jewellery, furs and watches$6,000
  • Silverware$10,000
  • Securities $7,000
  • Money, bullion$500
  • Collectible cards, comic books and memorabilia$2,500 (up to $250 per item)
  • Numismatic property (coins)$1,000
  • Philatelic property (stamps)$2,000
  • Computer software$2,500
  • Tapes and discs in vehicle$200
  • Bicycles (limit per bike)$2,000
  • Garden-type tractors$10,000
  • Watercraft$4,000
  • Utility trailersNot available
  • Animals, birds and fishPersonal property limit
  • Spare automobile parts $1,000

  • Enhanced

  • Business-related books, tools and instruments (on premises)$2,500
  • Jewellery, furs and watches$3,000
  • Silverware$5,000
  • Securities $7,000
  • Money, bullion$500
  • Collectible cards, comic books and memorabilia$2,500 (up to $250 per item)
  • Numismatic property (coins)$1,000
  • Philatelic property (stamps)$2,000
  • Computer software$1,000
  • Tapes and discs in vehicle$200
  • Bicycles (limit per bike)$1,000
  • Garden-type tractors$5,000
  • Watercraft$3,000
  • Utility trailersNot available
  • Animals, birds and fishPersonal property limit
  • Spare automobile parts $1,000
  • Essential

  • Business-related books, tools and instruments (on premises)$2,500
  • Jewellery, furs and watches$3,000
  • Silverware$5,000
  • Securities $7,000
  • Money, bullion$500
  • Collectible cards, comic books and memorabilia$2,500 (up to $250 per item)
  • Numismatic property (coins)$500
  • Philatelic property (stamps)$2,000
  • Computer software$1,000
  • Tapes and discs in vehicle$200
  • Bicycles (limit per bike)$1,000
  • Garden-type tractors$5,000
  • Watercraft$2,000
  • Utility trailersNot available
  • Animals, birds and fishPersonal property limit
  • Spare automobile parts $1,000

Additional Living Expenses

  • Maximum amount available for additional living expenses
  • Exclusive

  • Maximum amount available for additional living expenses25% of building limit
  • Excel

  • Maximum amount available for additional living expenses20% of building limit

  • Enhanced

  • Maximum amount available for additional living expenses20% of building limit
  • Essential

  • Maximum amount available for additional living expenses20% of building limit

Liability (Worldwide Coverage)

  • Legal liability limit
  • Voluntary medical payments
  • Voluntary payments for property damage
  • Exclusive

  • Legal liability limit$1 – $2 million
  • Voluntary medical payments$10,000
  • Voluntary payments for property damage$1,000
  • Excel

  • Legal liability limit$1 – $2 million
  • Voluntary medical payments$5,000
  • Voluntary payments for property damage$1,000

  • Enhanced

  • Legal liability limit$1 – $2 million
  • Voluntary medical payments$5,000
  • Voluntary payments for property damage$1,000
  • Essential

  • Legal liability limit$1 – $2 million
  • Voluntary medical payments$5,000
  • Voluntary payments for property damage$1,000

AMA home insurance products are available exclusively to AMA members. Not a member? Join now.

This webpage contains information about coverages offered by AMA Insurance but is not intended to list all the conditions and exclusions that apply to described coverages. Complete provisions, exclusions, and limitations are set out in policy wording booklets, declarations, and other insurance documents.