Property Insurance

Property Insurance

Home Insurance

We all have very much the same feelings about our home whether it is a standalone home, attached home, a condo, a rental dwelling or a multi million dollar estate home.
For most of us our home and personal property is most likely the most valuable possession. For most of us our home is our lifetime worth of hard work and sacrifice. If there is a loss it can be devastating!

So while choosing your mode of buying coverage for your most valuables is very important and your choice must be only and only an independent insurance broker. We at Aaxel can design a perfect plan for your all habitational insurance needs whether condo, home or tenants insurance.

Having the right home and contents insurance can give you the confidence to relax and enjoy your home.

Your house is destroyed by fire or damaged by a natural disaster – you’d need money to repair or replace it. A guest in your home is injured – liability protection may help pay expenses. You are a victim of theft or vandalism – your home owners insurance can pay your loss or the cost of repairs.

Should your home be destroyed or seriously damaged, failure to accurately insure your property can delay the processing of your claim and in some cases, result in insufficient funds being available to properly rebuild your home.

Canadian life is full of sports and most so most of Canadians have valuable toys. We have very comparative solutions for all your toys.

Property Insurance Coverage

Every home is different. That’s why it is so important to have the right protection for your dwelling. Sometimes called fire insurance, home insurance is generally broken down into four categories:

• Home owners
• Condo unit owners
• Tenants
• Seasonal Home/Cottage

Depending on which insurance policy you need, your Aaxel insurance broker will guide you through the coverage and put together a program that suits your needs.

Personal Liability (Bodily injury & Property damage)

It covers against your personal liability if you are held liable and pays for the legal fees to protect you. e.g. a guest in your home is injured – liability protection may help pay expenses.

Dwelling Coverage

It covers against loss to your home from an insured peril e.g. fire loss, vandalism etc.

Contents Coverage

It is covered under the home owners policy and usually a percentage of the dwelling limit e.g. 70%. Coverage is provided on worldwide basis. Items like Watches, Jewellery, bicycles etc. have sub limits within the policy.

Items with dollar value above certain amount e.g. jewellery items like diamond rings, bracelets, watches etc. should be scheduled on to policy to insure them properly.


Outbuildings are covered and usually percentage of dwelling limit.

Additional Living Expenses

when an insured loss happens insurer provides coverage for your move to a temporary location and pays for the additional living expenses.

Sewer Back Coverage

It is an optional but very important coverage. It covers against loss to contents and building due to sewer backup.


Coverage is available from certain insurance companies and they have quite different coverage as well.

Additional Protection / Umbrella Policy

Personal Umbrella Policy

Your home and auto policies already provide basic liability protection. As your assets increase, so does your liability exposure. A Personal Umbrella Policy can increase your liability coverage at a reasonable cost and give you peace of mind.

Why Umbrella Policy?

Once the liability limits are exhausted on your home or auto policy, your umbrella policy takes over and provides another layer of liability protection should you be sued and found legally liable for causing injury to someone else or damaging their property. Because the average size of jury awards has increased in the last few years, umbrella insurance has become more important. Best of all, the average cost for this protection is less than a dollar a day. Ask a Aaxel insurance broker how you can protect you and your family from an unexpected claim.

Rental Property:

Whether your real-estate investments include a small unit in a high-rise condominium or a 3-family triplex, as part of your personal insurance account, you will find our rental property programs are flexible and very competitively priced.

Rental income can be covered as well .

As a landlord your focus is on making your rental property portfolio as profitable as possible. We can show you how a properly structured insurance plan saves you money. An uninsured or underinsured loss can result in major financial loss. Make sure you know what your risks are, what you are insured for and........what you are not!
It is very important when insuring your rental property that the broker your dealing with has:

  • Enough experience in this line of business.
  • Represents enough insurers to get alternative quotes
  • Must discuss risk management techniques or information availability

Leisure Insurance

You will find our leisure insurance programs excellent and competitive and available for virtually all of your leisure insurance needs including…

- ATV's, boats, yachts, motorcycles, snowmobiles, personal watercraft, cottages, trailers, motor homes, antique & collector automobiles, and more!

We can assure you at Aaxel insurance that you will get truly caring & appropriate coverage and advice. we will arrange your coverage through insurers which are financially strong and who love to service their clients, when you as client need them the most.

Please feel free to drop us a note along with some information to: Contact us at 1-866-358-2860.

Property Claims
As a value added service to our property clients, we have partnered with DSB Claims Solutions with respect to claims handling. Therefore, if you have experienced an "after hours" property loss at your home, cottage or business, involving perils such as fire, wind or water, please contact for immediate assistance:

Dara Banga
President and Chief Adjusting Officer
DSB Claims Solutions
Cell: 416-400-8933

You are covered for great savings

With more than a dozen insurance products and hundreds of insurance partners, be assured that you will get the best possible quote.

Our Insurance Partners

We work with many partners to bring you the best insurance rates