Your cottage is a place of comfort where you and your family can get away, unwind and enjoy life. You’ve spent a lot of time making it the perfect home away from home, so let us help get you the coverage you need.
What kind of coverage can I get with my seasonal property insurance policy?
Depending on your coverage needs, you have the freedom to choose between a Basic Homeowner Policy or a Residential Fire Policy.
A Basic Homeowner policy is generally purchased when higher insurance limits are needed. With this policy, you get 70% of the dwelling value in contents coverage. For example, if your seasonal dwelling is insured at $100,000, you will get $70,000 in contents coverage.
A Residential Fire Policy coverage minimum dwelling amount is $30,000 ($40,000 in Quebec).
If your seasonal property is in Quebec, you will need to take out a secondary homeowner policy. You can choose a Basic, Elite, VIP or Residential Fire Policy that is active during the winter months.
Basic seasonal property policy coverage
- Dwelling Protection
A basic characteristic of your seasonal property insurance is dwelling protection, which covers the home in which you live, as well as other structures that are attached to it, such as a garage or a deck. Keep in mind that this is restricted to named perils only.
- Personal Property (Contents)
Contents located in the basic seasonal property are covered but coverage is restricted to losses sustained as a result of a named peril (e.g. fire, wind or smoke).
- Additional Living Expenses
If you need to move out while repairs are being made, or if an insured peril makes your dwelling unfit for occupancy, Allstate will cover increases in living expenses, like moving expenses. Payment will be made for your relocation and during the reasonable time it takes to repair the dwelling.
This is an extension of your home, tenant or condo policy. You are protected if you are held liable for injury and death to someone on your property.
Your basic seasonal property policy would cover perils such as water damage and escape, vandalism, falling objects, glass, and theft.
Residential fire policy coverage
- Dwelling Protection
One of the characteristics of your residential fire policy is dwelling protection, which covers the home in which you live, as well as other structures that are attached to it, such as a garage or a deck. However, this is restricted to named perils only.
- Detached Private Structures
Your residential fire policy coverage also extends to other structures that are on your property but are separate from your home, like a detached garage, tool shed or fence. This coverage is also restricted to named perils only.
You are protected if you are held liable for injury or death to someone on your property. This coverage is an extension of you tenant, home or condo policy.
Allstate’s top 5 seasonal property insurance tips!
- If you have additional items that may need separate coverage such as off-road vehicles, talk to a local Allstate agent to see if your seasonal property insurance policy covers it. Usually your seasonal policy will cover the building structure and your personal belongings up to a certain amount.
- You may need additional coverage for detached structures (e.g. a garage) that may not be covered under your policy. Other exclusions from your policy may include things such as sewer back-ups, or burst pipes. Talk to a local Allstate agent today to get more information.
- It’s good to know the true value of your seasonal property by having a current property valuation. With a current property valuation, your Allstate agent can tell you if you are under-insured or if there are any gaps in your coverage. In case the property needs to be rebuilt, you’ll want to know that you have sufficient coverage in case the unexpected happens.
- Keep an inventory of your personal belongings. This information can be useful if you need to submit a claim. Try myLocker today, a FREE online home inventory tool for existing myAllstate customers.
How can I get a property insurance quote?