If you have a current Intact Homeowners or Intact Condo policy, you may be eligible for new my Extras endorsements. My Extras gives you the opportunity to increase certain coverage limits. It also offers new additional coverages that did not previously exist with Intact.
What Is a Coverage Limit?
Your coverage limit refers to the maximum amount payable for certain coverages by Intact in the event of an insured loss.
Why Would I Want to Increase my Coverage Limit?
You may want to increase your coverage limit because losses can often be much higher than what your current coverage limit is. Increasing your limits will also increase your liability coverage by 1 million dollars.
Coverage limits on the following have been increased with my Extras:
Coverage Current Coverage Increased Coverage
| Landscaping | $1,000 | $2,500 |
| Theft or mysterious disappearance of bicycles | $3,000 | $10,000 |
| Theft or mysterious disappearance of jewelry, watches, and furs | $10,000 | $50,000 |
| Securities | $7,500 | $10,000 |
| Financial activities | $10,000 | $25,000 |
| Documentation | Face value | $7,500 |
| Business Property – on premises | $5,000 | $10,000 |
| Additional Liability | Policy limit | + $1,000,000 |
| Utility Trailers | $2,000 | $10,000 |
| Watercraft and equipment | $3,000 | $10,000 |
New Additional Coverages
In addition to increasing many coverages, my Extras also offers coverage on new items of property that were previously not covered by Intact. These new additional coverages include:
| Business property – off premises | $5,000 |
| Funeral monument | $10,000 |
| Loss of income | $250/day |
| Personal property at other location | $10,000 |
| Golf, ski, or snowboard rental | 14 days – no deductible |
| Golf cart normally kept at golf course | $5,000 |
| Hole-in-one celebration | $500 – no deductible |
More Information on Increasing Your Coverage Limit
If you have any questions about my Extras, or insurance, please call us at 1-855-475-0959 or visit us at armourinsurance.ca
If you don’t currently have an Intact policy you can get one online for free.
