Getting Insurance on Orangeville Homes with Alternative Heat Sources
In this Real Estate Video Mike Mullin Sales Representative for Royal LePage RCR Realty In Orangeville Ontario talks with Roy Chopp an Insurance and Financial Advisor and owner of The Co-operators on First Street about fireplaces and wood stoves.
It cannot be said too many times that insurance on an Orangeville home is important. Many mortgage companies will require you to have an agreement for insurance in place with an Insurance Company before they will provide you with a mortgage.
Many factors that Orangeville homeowners enjoy could actually put your ability to get insurance at risk. Fireplaces, wood-burning stoves, and their cousins, corn and pellet stoves, all require special attention. These alternate heat sources pose a fire hazard and can make getting insurance more difficult.
This video can provide you with valuable insight into what will be necessary before you agree to buy a home in Orangeville with potential risk factors.