Home Insurance Glossary

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Schedule
Semi-detached home
Sewer back up option
Solid brick

Schedule
When you want to list specific belongings on your insurance policy, you "schedule" them. This means you provide a special list of high value items and their exact worth, so that you can set limits that are higher than the standard policy limit or establish an agreed value of a certain item. This can make things a lot easier if you have a claim. Scheduling items on your policy does usually increase your premiums. When you schedule items you often have to include an appraisal or a receipt of purchase. People often schedule works of art or expensive jewellery.

Semi-detached home
A semi-detached home is a unit where one of the walls is shared by only one another person's residence. We use your type of property to determine your rates.

Sewer back up option
A regular property policy covers you for any damages caused by a "sudden, accidental discharge of water in your home." This includes coverage for freezing pipes and the overflow of water from public water mains carrying drinking water (e.g. a bathtub overflow). If you wish to be covered for damages caused by the back up of sewers, septic tanks, eavestroughs or downspouts, you should purchase the Sewer back up option.

Solid brick
Solid brick is one of the materials used for home construction. Insurance companies use the construction type of your property to determine your rates. Generally, if your home is of a more solid construction like brick or brick veneer, the lower your insurance rates. This is because these materials are less combustible than other building materials.


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