Home Insurance in Vaughan
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Vaughan Home Insurance with Oracle RMS
If you reside in Vaughan and own a home, it is important to have home insurance. This is incredibly important to have for all homeowners due to the fact that you want to protect your property should there be any unexpected circumstances.
The City of Vaughan was the fastest-growing municipality in Canada between 1996 and 2006. This is because its population had increased by 80.2% during that time period, which had nearly doubled back in 1991. It is located in the Regional Municipality of York, which is just north of Toronto. As the city continues to grow in population and development, the area has a booming real estate market with housing prices that see a steady increase every year – this is partially due to the fact that the City of Vaughan is fairly close to Toronto.
In fact, back in 2018, the City of Vaughan was deemed one of the best places to live by MoneySense magazine. Both homebuyers looking to move to the City of Vaughan and the current homeowners in Vaughan should ensure that they have the best home insurance in Vaughan, especially since the real estate market keeps growing. It is important to be protected with the right home insurance coverage.
In Need of Insurance for Your Home? We Have You Covered
In Vaughan, when you purchase Home Insurance with Oracle RMS, you are insuring your home, dwelling, contents and additional living expenses in the event that you are temporarily unable to live in your home due to an insured loss in certain circumstances.
By partnering with Oracle RMS, we provide excellent customer service and work hard to get you some of the lowest home insurance rates in Vaughan that best suit your unique needs. We are proud to be partnered with a wide range of insurance companies who can provide a variety of home insurance quotes for all Vaughan residents.
At Oracle RMS, you will work along with one of our licensed brokers to help guide you through the quoting process. They will make sure you understand all the insurance jargon and information up to the last detail of your home policy before you’ve made the final decision.
Owning a home is typically the largest investment you’ll ever purchase. Home insurance will protect and provide coverage for your home, personal liability of you, your spouse/partner and your children and any loss or damages. In Ontario, it is required to include and purchase the following home insurance coverage below:
Personal Liability Coverage:
This section of a home insurance policy will provide coverage to protect the insured should a person or their property suffer an injury in your home and they decide to take legal action against you.
Contents Coverage:
This type of coverage covers the contents, valuables and personal belongings that reside in your home. It also provides coverage when you’re travelling away from your home – this is covered by an insured peril should there be damages in your home. Insured perils can range from vandalism, theft, fire, flooding, smoke damage, water damage and more.
Dwelling Coverage:
This type of coverage in a home insurance policy will cover the costs associated with damages by insured perils in your home. The damages covered include the replacement cost of your entire home as well as the garage and patio.
Additonal Living Expenses Coverage:
This type of coverage covers the insured if serious damages to your home are severe enough that you are displaced and need to live elsewhere for a period of time. It will cover the following costs: temporarily living in a hotel and rental and storage for your belongings.
Whether customers are shopping for a better home insurance policy, are informed about their upcoming home policy renewal or are looking to save money on their current policy, overall, it is important to be informed about home insurance and how a policy works.
The Right Coverage For You
At The Best Price
Home Statistics in the City of Vaughan
Overall, there are a total of 84,490 homeowners in Vaughan. The most popular dwelling size in the City of Vaughan is four or more bedrooms, which is 54.55%. The least popular dwelling size is one bedroom or less.
With that being said, there are a total of 94,250 occupied private dwellings in the City of Vaughan. There are 61,215 single-detached houses, 7,685 semi-detached houses, 10,175 row houses and 30 other single-attached houses in the City of Vaughan.
Meanwhile, the average household size is 3.2% in Vaughan. Statistics show that there are 12,155 people who are living in a 1-person household, 22,760 people who are living in a 2-person household, 18,295 people who are living in a 3-person household, 24,125 people who are living in a 4-person household and 16,920 people living in a 5 or more person household in Vaughan.
Home Facts in the City of Vaughan
There are 19 neighbourhoods in the City of Vaughan. Some of those neighbourhoods include: Concord, Kleinburg, Maple, Thornhill, Woodbridge and more.
The City of Vaughan is the fifth most expensive area in the greater Toronto region with an average cost of homes being $962K.
The Vaughan Metropolitan Centre is an extensive real estate project that aims to transform the 125-acre area between Highway 400 and Highway 7 into a high-density downtown/central business district.
Getting insured is quick and easy!
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Words From Our Customers
“I’ve used Oracle RMS for my insurance for years and years. Very knowledgeable and helpful. Chris Masucci gave me honest advice about my insurance options and helped me choose the best coverage for my needs. He is friendly and super responsive if I have any questions. Would recommend!”
Lauren Chee-Hing,
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“I purchased my first car a year and a half ago and called Oracle for an insurance quote. They have excellent customer service – in particular, Chris was very helpful in getting me a great rate. He is extremely prompt at answering any questions I have about my policy and about anything insurance related! I highly recommend this brokerage.”
Andrea Lee,
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