What is a Communicable Disease Exclusion on your Home Insurance?

If you are a homeowner, it is likely that you have already given a lot of thought to the type of insurance you need. With that being said, these days, we have had to expand our scope more than ever to also factor in issues related to COVID-19 and pandemic home insurance claims.There is a component of home insurance that covers Communicable Disease Exclusion, and while in the past, this has been rarer, during these unprecedented times, some insurance companies have opted to include this in their home insurance policies moving forward.

Currently this type of insurance feature has been closely related to the COVID-19 claims that insurance companies are more likely to encounter. For example, in the event a person files a claim that they have been infected with COVID-19 or another communicable disease in the home of another individual, they could feel they have grounds to sue the individual whom feel is responsible, particularly if they have become severely ill as a result.

While in many parts of Canada, there have been strict rules in place for limiting gatherings, particularly within homes. This type of cross-household contact has been identified as one of the common methods of COVID-19 transmission.

On the other hand, many Canadians have taken the necessary precautions and done everything possible to avoid the spread of COVID-19. With that said, individuals could still have gone on to contract the virus and in some cases, they may look at tracing it back to a certain social gathering or interaction they had within a particular household.

While it can be a challenge to prove these types of cases, the bottom line is, that this could be an expensive outcome for homeowners. Therefore, turning to this type of home insurance coverage may definitely be worth examining further.

Ultimately, with this Communicable Disease Exclusion in place, your home insurance policy can cover these types legal expenses. It is recommended that you do reach out to your broker to find out if this is already included in your policy, and if not, perhaps adding this your home insurance package could be of great benefit to you.

In the end, what this really comes down to is the importance of having a full understanding of your home insurance policy. By having a better grasp of all of the features and specific types of coverage, as a homeowner, you can have the added peace of mind you need to effectively navigate the responsibilities of homeownership, especially during these extremely challenging times.

At Leaders Insurance, we are committed to making sure our clients are informed and fully satisfied with their insurance coverage. Contact us today to learn more about the Communicable Disease Exclusion for homeowners, and let us help to ensure you are set up with the best home insurance policy that covers all of your needs now and into the future.