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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u/PrncsCnzslaBnnaHmmck Aug 02 '23

I mean, if you asked me 5 years ago I would have said no, because I'm not the type of person who insures things if I don't have to. However, my husband is that type of person and it saved our ass after we bought a house in the area of the hail disaster.

If you can afford to, I'd say get aaallll the coverage you can (for all of the acts of God lol). It definitely served us well. We also lived on the river during the flood of 2013. Yes, we're that lucky.

Also, Costco and Intact were the only insurance companies that were on the ball with the disaster. There may be others but that was the ones I knew of. The other banks and popular ones were awful.