Cottage Insurance

Q. I just bought a cottage…can I add it to my existing home policy or do I have to buy a separate policy?

A. The answer to this depends on how you plan on using your cottage.

Can you access it all year round? How often do you plan on staying at your cottage? Will you be renting it out or using it as an Air BnB? When you speak to your broker they will be able to determine the best way to insure your vacation home.

Q. My cottage is on a lake and I have a boat. Can I insure my boat with my cottage or do I need a separate policy?

A. If you have a small crafts such as runabouts with outboard motors and jet skis can be insured with your cottage. Larger boats may need their own policy. Your broker can guide you on what will work best for your situation.