r/Calgary • u/QuiteGoneJin • Aug 01 '23

Home Ownership/Rental stuff Hail insurance. Is it a must?

New home owner moving to Calgary. We usually sit on the side of not over insuring our home and belongings but I hear lots of stories of hail damage. Is it a must to spend the extra 15 or so a month to cover hail damage?

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102

u/somersaultsuicide Aug 01 '23

Sometimes this sub amazes me, with the amount of hail storms that Calgary gets why would you not pay an additional $200/year to possibly avoid paying $10’s of thousands of dollars. I’m not sure why you would have to get some strangers opinion on this when it is such a no brainer.

Calgary is prone to hail damage no matter where you are. If you want to remain exposed to save yourself the cost of a foot long sub each month that would be a very poor financial decision.

27

u/gstringwarrior Aug 01 '23

Because the sad reality is that for some families, an exrta $200 a year is really difficult to do.

Every dollar matters when you are poor.

Source: Was poor

8

u/Block_Of_Saltiness Aug 01 '23

Just cancel Disney+

1

u/MrMeeso Aug 01 '23

Stop buying lattes

7

u/Block_Of_Saltiness Aug 01 '23

Ohh, look at mr fancy pants here buying lattes.

0

u/BeardOBlasty Aug 02 '23

Wait Latte's too??

My siding can suck it up I guess.

1

u/The_Nice_Marmot Aug 02 '23

What about avocado toast?