What do you know about home insurance?

According to Insurance Bureau of Canada (IBC), half of Canadians want to better understand home insurance. Further to that, 90% of Canadians think it’s important that their children learn about home insurance as well. Could you possibly afford to replace absolutely everything you own? Recovering from even a partial loss, like having your home broken into and many possessions stolen, would cost more than most people could manage on their own. Home insurance protects you from having to pay out a huge amount at once, often at the very worst time emotionally. A responsible and profitable financial plan is all about asking the right questions…