People are heading to their cottages for the weekend. For many cottage owners this is the weekly routine from May till September. Often cottage owners have turned their weekend retreat into their second homes, complete with all the amenities and comforts of their city properties.

Insurance coverage for these properties can range from a basic fire policy, to complete all risk coverage including replacement cost for building and contents.

Does your cottage have year round access? Are you located on an island? How far is the nearest firehall? Are you renting out your property during the season for summer or winter activities? These are some of the factors used to determine if coverage is available and the rate of premiums.

Some Insurance Companies offer superior coverage for cottage insurance including:

Ø      Damage caused by bears

Ø      Vandalism and Malicious Damage

Ø      Weight of Snow and Ice

Ø      Collapse

Ø      Replacement cost for building and contents coverage

Ø      Burglary and robbery

Take a moment to consider these questions:

1) Can your seasonal dwelling be rebuilt for the amount you have it insured for now?

2) In the event of a total loss, do you have enough contents coverage to replace all your personal belongings at the cottage?

3) Do you have detached structures on the premises including sheds, sleeping cabins, saunas; these may have to be separately insured?