Does your insurance cover riot damage? - MoneySense

Does your insurance cover riot damage?

Most Canadians unsure of basic coverage: survey


As property owners in Toronto, Vancouver and several British cities can attest to, riots can not only catch you off guard, but they can also be incredibly destructive. In the event that your neighbourhood was set upon by a baying mob, how much coverage could you expect from your insurance company?

If you’re unsure, you’re in the majority, according to the Globe and Mail. The newspaper reports that 71 per cent of Canadians polled are not overly familiar with their insurance policies. Indeed, 13 per cent didn’t know if they were covered for fire damage, a fundamental aspect of any property insurance policy.

According to an Allstate Canada spokesperson, most home insurance policies provide coverage for riots, but not vandalism. Policyholders who are unsure of their coverage should look at the “insured perils” section of their policy or call their insurance company.