SRIM offers a competitive High Value Homeowner’s program!
SRIM has been insuring high valued homes for several years across Canada. With it’s unique needs SRIM will tailor coverages and sublimits to suit the insured. Offered on a Lloyd’s Residential Excellence Wording with GRC and no maximum for the value of home.
*Upon request SRIM can assist in scheduling and covering the costs of an appraiser.
*Minimum building limit for this program is $1,000,000
- Lloyd’s Residential Excellence Wording with GRC
- No maximum for the value of home
- Risks considered across Canada
- Short Term Rentals, AirBnB & VRBO considered
- Vacant or Rented Dwellings considered
- Secondary or Seasonal Homes considered
- Semi-Protected & Unprotected Areas considered
- Multiple Claims considered
- Photos only required at the time of binding
- Up to $500,000 Mechanical Breakdown Coverage
- Up to $250,000 Overland Water Coverage (in certain areas)
- Up to $25,000 Service Line Coverage (in certain areas)
- Drone Liability (on owner occupied risks)
- Home Office Liability
- $15,000 Jewellery sublimit
- $25,000 ($1,000 per bottle) Wine sublimit
- $25,000 Business Property sublimit
- $250,000 ($50,000 limit per item) Fine Arts sublimit
- Automatic cover for conversions, renovations and structural work where the work does not exceed $100,000