{"id":25417,"date":"2025-05-06T09:43:23","date_gmt":"2025-05-06T13:43:23","guid":{"rendered":"https:\/\/silver.rbcinsurance.com\/en-ca\/?page_id=25417"},"modified":"2025-05-06T09:43:25","modified_gmt":"2025-05-06T13:43:25","slug":"home-insurance-terms","status":"publish","type":"page","link":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/","title":{"rendered":"Terms to Know &#8211; Homeowners Insurance"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"yoast-breadcrumbs\"><span class=\"rbc-yoast-breadcrum-span\"><span><a href=\"https:\/\/silver.rbcinsurance.com\/en-ca\/\">Home<\/a><\/span> &gt; <span><a href=\"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/\">Home Insurance<\/a><\/span> &gt; <span class=\"breadcrumb_last\" aria-current=\"page\">Terms to Know &#8211; Homeowners Insurance<\/span><\/span><\/div>\n\n\n<p><\/p>\n\n\n\n<h1 class=\"wp-block-heading\" id=\"h-terms-to-know-homeowners-insurance\"><span class=\"partial__border-bottom\">Terms to Know &#8211; Homeowners Insurance<\/span><\/h1>\n\n\n\n<div class=\"wp-block-rbc-faq faq mar-t-dbl mob-mar-t-dbl pad-b-dbl mob-pad-b-dbl\"><div class=\"faq__content\">\n<div class=\"wp-block-rbc-rbc-collapsible-accordion accordion\" id=\"&quot;accordionSet1\">\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title1qrv2rii\" class=\"collapse-toggle collapsed\" data-target=\"#accordion1qrv2rii\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-0592a2c2\" aria-controls=\"accordion1qrv2rii\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Additional Living Expenses\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Additional Living Expenses<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion1qrv2rii\" role=\"region\" aria-labelledby=\"accordion-title1qrv2rii\"><div class=\"collapse-inner\">\n<p>In certain circumstances, your insurance will help to cover expenses such as moving costs, a hotel room, storage and more. For example:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>If your home is considered unfit to live in due to an insured peril and you have to move out while the damage is being repaired, your plan will cover necessary and reasonable additional living expenses.<\/li>\n\n\n\n<li>If you are denied access to your home by a civil authority because of damage to a neighbouring premises due to an insured peril, your plan will cover a necessary and reasonable increase in living expenses for up to two weeks.<\/li>\n\n\n\n<li>If a mass evacuation is ordered due to a sudden and accidental event within Canada or the U.S., your plan will cover any necessary and reasonable increase in living expenses to a maximum of $2,500 for the period access is prohibited, not exceeding 30 days from the date of the order of evacuation.<\/li>\n\n\n\n<li>If you rent part of your home or a detached structure out to a tenant and he or she is forced to leave because of an insured loss, your plan will reimburse the fair rental value while the repairs are being made.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titleo391vh6u\" class=\"collapse-toggle collapsed\" data-target=\"#accordiono391vh6u\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-258fe05b\" aria-controls=\"accordiono391vh6u\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"All Perils Coverage\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>All Perils Coverage<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordiono391vh6u\" role=\"region\" aria-labelledby=\"accordion-titleo391vh6u\"><div class=\"collapse-inner\">\n<p>Provides protection against the widest range of risks for your home, detached private structures and personal belongings and only excludes the perils specifically listed in your policy.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title3oz8bsiu\" class=\"collapse-toggle collapsed\" data-target=\"#accordion3oz8bsiu\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-8f2f6bd9\" aria-controls=\"accordion3oz8bsiu\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Deductible\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Deductible<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion3oz8bsiu\" role=\"region\" aria-labelledby=\"accordion-title3oz8bsiu\"><div class=\"collapse-inner\">\n<p>This is the amount you must pay out-of-pocket for each claim before your insurance policy pays.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlepc8n5fwx\" class=\"collapse-toggle collapsed\" data-target=\"#accordionpc8n5fwx\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-9bb4b95d\" aria-controls=\"accordionpc8n5fwx\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Deductible Waiver\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Deductible Waiver<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionpc8n5fwx\" role=\"region\" aria-labelledby=\"accordion-titlepc8n5fwx\"><div class=\"collapse-inner\">\n<p>If your claim exceeds $25,000, and the applicable deductible amount on your Certificate of Property Insurance is $1,000 or less, the deductible will not apply to your claim.<br><\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlekbm0h6wh\" class=\"collapse-toggle collapsed\" data-target=\"#accordionkbm0h6wh\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-d9b578b1\" aria-controls=\"accordionkbm0h6wh\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Detached Private Structures\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Detached Private Structures<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionkbm0h6wh\" role=\"region\" aria-labelledby=\"accordion-titlekbm0h6wh\"><div class=\"collapse-inner\">\n<p>Includes a storage shed, fence or other structure separate from your home itself, but located on your property.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlem46a7r6m\" class=\"collapse-toggle collapsed\" data-target=\"#accordionm46a7r6m\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-b0126e83\" aria-controls=\"accordionm46a7r6m\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Dwelling\/Building\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Dwelling\/Building<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionm46a7r6m\" role=\"region\" aria-labelledby=\"accordion-titlem46a7r6m\"><div class=\"collapse-inner\">\n<p>Includes:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>Your home itself and attached structures<\/li>\n\n\n\n<li>Permanently installed outdoor equipment on your property<\/li>\n\n\n\n<li>Outdoor swimming pool and attached equipment on your property<\/li>\n\n\n\n<li>Materials and supplies located on or adjacent to your property that are being used to build, alter or repair your home or detached private structures on your property. (We insure against theft only when your home is completed and ready to be occupied.)<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titledvl2n8i0\" class=\"collapse-toggle collapsed\" data-target=\"#accordiondvl2n8i0\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-1558e1de\" aria-controls=\"accordiondvl2n8i0\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Guaranteed Replacement Cost\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Guaranteed Replacement Cost<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordiondvl2n8i0\" role=\"region\" aria-labelledby=\"accordion-titledvl2n8i0\"><div class=\"collapse-inner\">\n<p>If Guaranteed Replacement cost is listed on your Certificate of Property Insurance, your policy will cover the cost of repairs or replacement even if it is more than the amount of insurance listed for your dwelling\/building, provided certain conditions are met.<br><\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titleea3shj3j\" class=\"collapse-toggle collapsed\" data-target=\"#accordionea3shj3j\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-df99df8c\" aria-controls=\"accordionea3shj3j\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Liability Coverage\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Liability Coverage<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionea3shj3j\" role=\"region\" aria-labelledby=\"accordion-titleea3shj3j\"><div class=\"collapse-inner\">\n<p>Protects you financially if you unintentionally cause bodily injury or property damage to others\u2014at your home or anywhere in the world. For example, this coverage protects you financially if:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>A babysitter slips on a spill on your kitchen floor and injures her back.<\/li>\n\n\n\n<li>A dead tree in your yard falls and hits your neighbour&#8217;s roof, causing damage.<\/li>\n\n\n\n<li>You throw a baseball on the beach while on vacation in Florida and you accidentally knock out a bystander&#8217;s tooth.<\/li>\n<\/ul>\n\n\n\n<p>Liability coverage helps protect you whether someone sues you or not:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>Your policy will pay for property damage or personal injury you unintentionally cause even if you are not legally liable.<\/li>\n\n\n\n<li>If someone does sue you due to injury or property damage covered by your policy, the costs associated with your defence are covered by your policy.<\/li>\n<\/ul>\n\n\n\n<p><strong>Tip:<\/strong>&nbsp;Purchase as much liability coverage as you can afford\u2014we recommend at least $1 million in coverage and offer up to $2 million in coverage.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlevr1td27o\" class=\"collapse-toggle collapsed\" data-target=\"#accordionvr1td27o\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-92b4daeb\" aria-controls=\"accordionvr1td27o\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Non-owned Property\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Non-owned Property<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionvr1td27o\" role=\"region\" aria-labelledby=\"accordion-titlevr1td27o\"><div class=\"collapse-inner\">\n<p>Your policy provides coverage for personal property belonging to others while it is in your possession or belonging to an employee of your residence travelling for or with you (if the property has no other insurance coverage.) However, property of tenants or boarders who are not related to you is excluded.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title8c8dimbi\" class=\"collapse-toggle collapsed\" data-target=\"#accordion8c8dimbi\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-4ce35d5d\" aria-controls=\"accordion8c8dimbi\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Personal Belongings\/Contents\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Personal Belongings\/Contents<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion8c8dimbi\" role=\"region\" aria-labelledby=\"accordion-title8c8dimbi\"><div class=\"collapse-inner\">\n<p>Includes items such as furniture, televisions, computers, washer\/dryer, clothes, etc. inside your home or on your property.<\/p>\n\n\n\n<p><strong>Tip:<\/strong>&nbsp;Update your personal belongings inventory at least once a year. Photograph or videotape all your belongings and keep a record of serial numbers and receipts where applicable in a secure location (such as a safety deposit box.) If you ever make a claim, your visual record of the missing or damaged items will make the process much easier.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlesez7nwow\" class=\"collapse-toggle collapsed\" data-target=\"#accordionsez7nwow\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-4696e47f\" aria-controls=\"accordionsez7nwow\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Property in Your Vehicle\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Property in Your Vehicle<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionsez7nwow\" role=\"region\" aria-labelledby=\"accordion-titlesez7nwow\"><div class=\"collapse-inner\">\n<p>Your policy provides coverage for theft, attempted theft or burglary of personal property that is inside or on any vehicle that is parked on or away from your premises.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlebdm3gppc\" class=\"collapse-toggle collapsed\" data-target=\"#accordionbdm3gppc\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-3a991453\" aria-controls=\"accordionbdm3gppc\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Personal Property at Other Locations\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Personal Property at Other Locations<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionbdm3gppc\" role=\"region\" aria-labelledby=\"accordion-titlebdm3gppc\"><div class=\"collapse-inner\">\n<p>Your policy provides coverage for personal property while it is temporarily away from your premises, anywhere in the world. However, personal property normally kept at any other location you own or rent is not insured. Uninsured personal property belonging to others while it is in your possession or belonging to an employee of your residence travelling for or with you is covered.<\/p>\n\n\n\n<p>Personal property stored in a secured storage facility is insured for 30 days only, from the date the property was first stored. We will continue coverage beyond that period for theft only, subject to the applicable policy coverages, conditions, limits and exclusions.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlezex1dtur\" class=\"collapse-toggle collapsed\" data-target=\"#accordionzex1dtur\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-d9b89ebd\" aria-controls=\"accordionzex1dtur\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Replacement Cost\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Replacement Cost<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionzex1dtur\" role=\"region\" aria-labelledby=\"accordion-titlezex1dtur\"><div class=\"collapse-inner\">\n<p>This means the lower of, on the date of the loss or damage:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>Cost of repairing the property with materials of similar kind and quality; or<\/li>\n\n\n\n<li>Cost of new articles of similar kind, quality and usefulness, without any deduction for depreciation<\/li>\n<\/ul>\n\n\n\n<p><strong>Tip:<\/strong>&nbsp;Your replacement cost coverage should reflect what it would cost to rebuild or replace your damaged building\u2014not the amount for which you could sell your property. In addition, this amount should exclude the value of your land. If you&#8217;re not sure, please call&nbsp;1-877-749-7224&nbsp;and we will assist you.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title26l44yjv\" class=\"collapse-toggle collapsed\" data-target=\"#accordion26l44yjv\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-5d4bdb58\" aria-controls=\"accordion26l44yjv\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Specified Perils Coverage\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Specified Perils Coverage<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion26l44yjv\" role=\"region\" aria-labelledby=\"accordion-title26l44yjv\"><div class=\"collapse-inner\">\n<p>Subject to the exclusions and conditions in your policy, Specified Perils mean:<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>Fire<\/li>\n\n\n\n<li>Lightning<\/li>\n\n\n\n<li>Explosion<\/li>\n\n\n\n<li>Smoke due to a sudden, unusual and faulty operation of any heating or cooking unit in or on the premises<\/li>\n\n\n\n<li>A falling object which strikes the exterior of the building<\/li>\n\n\n\n<li>Impact by aircraft, watercraft or land vehicle<\/li>\n\n\n\n<li>Riot<\/li>\n\n\n\n<li>Vandalism or malicious acts, not including loss or damage caused by theft or attempted theft<\/li>\n\n\n\n<li>Water damage, meaning damage caused by:\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-alphabetical-list\">\n<li class=\"mar-l-hlf mob-mar-l-hlf\">the sudden and accidental escape of water from a watermain<\/li>\n\n\n\n<li class=\"mar-l-hlf mob-mar-l-hlf\">the sudden and accidental escape of water or steam from within a plumbing, heating, sprinkler, air conditioning system or domestic water container, which is located inside your dwelling<\/li>\n\n\n\n<li class=\"mar-l-hlf mob-mar-l-hlf\">the sudden and accidental escape of water from a domestic water container located outside your dwelling (such damage is not covered when the escape of water is caused by freezing)<\/li>\n\n\n\n<li class=\"mar-l-hlf mob-mar-l-hlf\">water which enters your dwelling through an opening which has been created suddenly and accidentally by a peril not otherwise excluded<\/li>\n\n\n\n<li class=\"mar-l-hlf mob-mar-l-hlf\">the backing up or escape of water from an eaves trough or down spout, or by ice damming, provided the water has not entered through a basement or foundation wall<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Windstorm or hail, including loss or damage caused by weight of ice, snow, or sleet. This peril does not include loss or damage to your personal property within a building, caused by windstorm, hail or coincidental rain damage unless the storm first creates an opening in the building.<\/li>\n\n\n\n<li>Transportation, meaning loss or damage to your personal property caused by collision, upset, overturn, derailment, stranding or sinking of any motorized vehicle or attached trailer in which the insured property is being carried. This would also apply to any conveyance of a common carrier, but does not include loss or damage to property in a vacation or home trailer which you own. Watercraft, their furnishings, equipment or motors are also not covered.<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titles49nqxb8\" class=\"collapse-toggle collapsed\" data-target=\"#accordions49nqxb8\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-4487bd08\" aria-controls=\"accordions49nqxb8\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Voluntary Medical Payments\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Voluntary Medical Payments<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordions49nqxb8\" role=\"region\" aria-labelledby=\"accordion-titles49nqxb8\"><div class=\"collapse-inner\">\n<p>We will pay reasonable medical expenses (surgical, dental, hospital, nursing, ambulance service and funeral expenses) incurred within one year of the date of the accident, if you unintentionally injure another person or if they are accidentally injured on your premises, even though you are not legally liable.<\/p>\n\n\n\n<p>The amount of insurance shown on your Certificate of Property Insurance is the maximum amount we will pay for each person in respect of one accident or occurrence.<\/p>\n\n\n\n<p>Please see your policy for all terms, conditions, limits and exclusions.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlequtk5t26\" class=\"collapse-toggle collapsed\" data-target=\"#accordionqutk5t26\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-25417-a512136e\" aria-controls=\"accordionqutk5t26\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Voluntary Property Damage\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Voluntary Property Damage<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionqutk5t26\" role=\"region\" aria-labelledby=\"accordion-titlequtk5t26\"><div class=\"collapse-inner\">\n<p>We will pay for unintentional direct damage you cause to property even though you are not legally liable. You may also use this coverage to reimburse others for direct property damage caused intentionally by an insured person, 12 years of age or under. We will pay whichever is the lower amount of:<\/p>\n\n\n\n<ul class=\"wp-block-list list-core-block second-level-inherit third-level-inherit is-style-blue-disc\">\n<li>What it would cost to repair or replace the property with materials of similar quality at the time of loss<\/li>\n\n\n\n<li>The amount of insurance shown on your Certificate of Property Insurance<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<p class=\"pad-b-dbl mob-pad-b-dbl\"><strong>Note:<\/strong>&nbsp;The information above is a summary only and does not include all terms, conditions, limits and exclusions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terms to Know &#8211; Homeowners Insurance Note:&nbsp;The information above is a summary only and does not include all terms, conditions, limits and exclusions.<\/p>\n","protected":false},"author":203,"featured_media":0,"parent":15274,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/new-rbci-design.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-25417","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Home Insurance Terms to Know | RBC Insurance<\/title>\n<meta name=\"description\" content=\"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Insurance Terms to Know | RBC Insurance\" \/>\n<meta property=\"og:description\" content=\"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Insurance\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-06T13:43:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/personal-insurance-mobile.webp?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"463\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/home-insurance-terms\\\/\",\"url\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/home-insurance-terms\\\/\",\"name\":\"Home Insurance Terms to Know | RBC Insurance\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#website\"},\"datePublished\":\"2025-05-06T13:43:23+00:00\",\"dateModified\":\"2025-05-06T13:43:25+00:00\",\"description\":\"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/home-insurance-terms\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/home-insurance-terms\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/home-insurance-terms\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home Insurance\",\"item\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/home-insurance\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Terms to Know &#8211; Homeowners Insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/\",\"name\":\"RBC Insurance\",\"description\":\"Personal Insurance\",\"publisher\":{\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#organization\",\"name\":\"RBC Insurance\",\"url\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/rbc-logo-shield.svg?quality=80&w=1024\",\"contentUrl\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/rbc-logo-shield.svg?quality=80&w=1024\",\"width\":\"1024\",\"height\":\"1024\",\"caption\":\"RBC Insurance\"},\"image\":{\"@id\":\"https:\\\/\\\/silver.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"description\":\"RBC Insurance offers personal insurance such as car, home, life, health, travel and creditor insurance, plus retirement investment solutions to Canadians.\",\"telephone\":\"1-800-769-2568\",\"legalName\":\"RBC Insurance Services Inc.\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"1001\",\"maxValue\":\"5000\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Home Insurance Terms to Know | RBC Insurance","description":"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/","og_locale":"en_US","og_type":"article","og_title":"Home Insurance Terms to Know | RBC Insurance","og_description":"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.","og_url":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/","og_site_name":"RBC Insurance","article_modified_time":"2025-05-06T13:43:25+00:00","og_image":[{"width":880,"height":463,"url":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/personal-insurance-mobile.webp?quality=80","type":"image\/webp"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/","url":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/","name":"Home Insurance Terms to Know | RBC Insurance","isPartOf":{"@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#website"},"datePublished":"2025-05-06T13:43:23+00:00","dateModified":"2025-05-06T13:43:25+00:00","description":"Learn key terms and definitions for homeowners insurance, including coverage, deductibles, and liability.","breadcrumb":{"@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/home-insurance-terms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/silver.rbcinsurance.com\/en-ca\/"},{"@type":"ListItem","position":2,"name":"Home Insurance","item":"https:\/\/silver.rbcinsurance.com\/en-ca\/home-insurance\/"},{"@type":"ListItem","position":3,"name":"Terms to Know &#8211; Homeowners Insurance"}]},{"@type":"WebSite","@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#website","url":"https:\/\/silver.rbcinsurance.com\/en-ca\/","name":"RBC Insurance","description":"Personal Insurance","publisher":{"@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/silver.rbcinsurance.com\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#organization","name":"RBC Insurance","url":"https:\/\/silver.rbcinsurance.com\/en-ca\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#\/schema\/logo\/image\/","url":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/rbc-logo-shield.svg?quality=80&w=1024","contentUrl":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/rbc-logo-shield.svg?quality=80&w=1024","width":"1024","height":"1024","caption":"RBC Insurance"},"image":{"@id":"https:\/\/silver.rbcinsurance.com\/en-ca\/#\/schema\/logo\/image\/"},"description":"RBC Insurance offers personal insurance such as car, home, life, health, travel and creditor insurance, plus retirement investment solutions to Canadians.","telephone":"1-800-769-2568","legalName":"RBC Insurance Services Inc.","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1001","maxValue":"5000"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/pages\/25417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/users\/203"}],"replies":[{"embeddable":true,"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/comments?post=25417"}],"version-history":[{"count":20,"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/pages\/25417\/revisions"}],"predecessor-version":[{"id":26675,"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/pages\/25417\/revisions\/26675"}],"up":[{"embeddable":true,"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/pages\/15274"}],"wp:attachment":[{"href":"https:\/\/silver.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/media?parent=25417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}