Does home insurance cover hail damage?

Most home insurance policies include damage caused by hail, or at least offer the option to add hail coverage for an added cost.

What does hail damage insurance cover?

Hail damage to your home is covered on most policies. But there are often some conditions.

How much does hail damage insurance cost?

When covered by a home insurance policy, the cost for hail insurance is built into the base premium. You likely won’t see a separate charge for this coverage.

What is the deductible for hail damage?

Typically, the standard policy deductible applies for hail damage. This is the case for policies from Square One, except those in high-risk areas. Customers in those areas can choose to exclude hail coverage entirely, or include it with a $5,000 hail deductible.

Hail damage insurance

Hail can occur during any season. While there are some steps you can take to prevent hail damage, the only way to financially protect your family and home against hail damage is to buy insurance. In Canada, most home insurance providers include hail damage protection in the policies they offer. Policies from Square One include hail coverage automatically, except in certain high-risk areas. In those cases, you can still choose to add hail coverage if you wish. To learn more about hail damage insurance, review the information provided below.

Does home insurance cover hail damage?		Most home insurance policies include damage caused by hail, or at least offer the option to add hail coverage for an added cost. At Square One, home insurance policies automatically cover hail damage in most locales. In areas where hail damage isn’t automatically covered, you can easily add it to your policy if desired. With us, you get one of the most comprehensive policies.
What does hail damage insurance cover?		Hail damage to your home is covered on most policies. But there are often some conditions. For instance, if your roof is damaged by hail, you may not be paid the full cost to replace it if it was fairly close to the end of its life expectancy. If wear and tear was partially responsible for the roof being susceptible to damage, depreciation may be applied to your settlement. Any damage that is a result of regular wear and tear is not covered by insurance. Home insurance wordings are not always the easiest to read or understand, so to find out exactly what you’re insured for, you may need to consult your insurance provider.
How much does hail damage insurance cost?		When covered by a home insurance policy, the cost for hail insurance is built into the base premium. You likely won’t see a separate charge for this coverage. This is also true for most policies from Square One. If you’re presented with the option to add or decline hail coverage, you’ll be able to see the cost of including it during the quote process.
What is the deductible for hail damage?		Typically, the standard policy deductible applies for hail damage. This is the case for policies from Square One, except those in high-risk areas. Customers in those areas can choose to exclude hail coverage entirely, or include it with a $5,000 hail deductible.