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RBC Insurance launched a new suite of home and property insurance plans on July 4, 2017. At the same time, we stopped selling plans offered prior to July 4, including all Enhanced Plus, Enhanced and Basic plans for homeowners, condo unit owners and tenants.

If you purchased or renewed your policy prior to July 4, you can view a summary of your existing coverage below.

Summary of Coverage

Coverage Enhanced Plus Plan Enhanced Plan Basic Plan

Dwelling/
Building

  • All Perils Coverage
  • Replacement Cost
  • All Perils Coverage
  • Replacement Cost
  • Specified Perils Coverage
  • Replacement Cost

Detached Structures

  • All Perils Coverage
  • Percentage of Dwelling Coverage
  • All Perils Coverage
  • Percentage of Dwelling Coverage
  • Specified Perils Coverage
  • Percentage of Dwelling Coverage

Personal Belongings

  • All Perils Coverage
  • Percentage of Dwelling Coverage
    (best coverage)
  • Specified Perils Coverage
  • Percentage of Dwelling Coverage
    (mid-range coverage)
  • Specified Perils Coverage
  • Percentage of Dwelling Coverage
    (least coverage)

Liability Coverage

Up to $2,000,000 Up to $2,000,000 Up to $2,000,000

Additional Living Expenses Coverage

Percentage of Dwelling Coverage Percentage of Dwelling Coverage Percentage of Dwelling Coverage

Non-owned Property Coverage

$25,000 $25,000 $25,000

Property with You While Travelling Coverage

$10,000 $10,000 $10,000

Property with a Student at School Coverage

$10,000 $10,000 $10,000

Property in Your Vehicle Coverage

$2,500 $2,000 $2,000

Base Deductible

$1,000 $1,000 $1,000

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Special Coverage Limits

For the types of property below, your policy will pay for loss or damage that exceeds your deductible amount, but only to the applicable maximum limit as shown.

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan Basic Plan
Books, licensed computer software, tools and equipment used for business and only while on your premises $5,000 $3,500 $2,500
Securities $5,000 $3,500 $2,500
Money, coins and bullion $500 $500 $500
Goldware, silverware and pewterware $10,000 $10,000 $10,000
Watercraft and equipment, accessories and furnishings

(Watercraft means boats, permanently attached equipment and accessories, as well as sailboats and windsurfers, all 8 metres (26 feet) or less in length.)
$2,500 $2,000 $1,500
Motors used with watercraft $1,000 $1,000 $1,000
Computer software for personal use $5,000 $3,500 $2,500
Garden tractors and equipment, riding lawn mowers, snow blowers, and their attachments and accessories $5,000 $5,000 $5,000
Animals, birds and fish or any pet $2,000 $2,000 $2,000
Sports memorabilia, collector cards and comic books $1,000 $1,000 $1,000
Spare automobile parts (maximum of $250 per item) $1,000 $1,000 $1,000
Wine and spirits (maximum of $100 per container) $5,000 $3,500 $2,500
Fine art or antiques, including, but not limited to, sculptures, religious artefacts, hand-made rugs or tapestries $10,000 $7,500 $5,000

If any of the items or collections described below are stolen, your policy will pay the replacement cost that exceeds the deductible, as follows for each plan. (For the Enhanced Plus plan only, coverage is also provided if the item is lost or mysteriously disappears.)

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan Basic Plan
Jewellery, watches, precious or semi-precious stones $5,000 $3,500 $2,500
Fur garments and garments trimmed with fur $2,500 $2,000 $2,000
Manuscripts, stamps and stamp collections $1,000 $1,000 $1,000
Coin collections and numismatic property $500 $500 $500
Each bicycle, tricycle or unicycle, including its equipment and accessories $1,000 $1,000 $1,000
Guns, ammunition and accessories $1,000 $1,000 $1,000

The total coverage limit noted above will apply whether you are claiming for one item or several items of that type.

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Extensions of Coverage

Unless otherwise indicated, these extensions of coverage are automatically included in your policy and are covered for the amount of insurance shown on your Property Insurance Certificate.

Accidental Glass Breakage

You are insured for loss or damage caused by accidental glass breakage, including glass in storm windows and doors installed in your home or detached structures (excluding swimming pool covers). However, loss or damage that occurs while the building is under construction or has been vacant is not insured.

Change of Temperature

Personal property in your home is insured due to change in temperature resulting from damage to your home or its equipment caused by a specific insured peril listed in your policy, or accidental glass breakage

Consequential Loss

Damage to your personal property, home or detached structure(s) is insured if it is caused by fire department personnel or other emergency service personnel in responding to an insured peril.

Credit Card and Depositor Forgery

You will be compensated, up to certain limits, for loss caused by:

  • Your legal obligation to pay because of theft or unauthorized use of any credit card, automatic teller card or bank transfer card registered in your name, provided you comply with all the terms under which the card was issued. (Use by a resident of your household, or any person who has been entrusted with your credit card, automatic teller card or bank transfer card is not covered.)
  • Forgery or alteration of any cheque or negotiable instrument

No deductible applies to these coverages.

Counterfeit Currency

You are covered, up to a certain limit, for loss through acceptance in good faith of counterfeit Canadian or United States paper currency. No deductible applies to this coverage.

Debris Removal

Where the limit of insurance stated on your Property Insurance Certificate for building coverage or detached structure(s) coverage is exhausted, you will be paid an additional amount, up to a certain limit, toward the cost of removing debris and cleaning as a result of an insured loss. This also includes the cost of removing debris blown onto your property by a windstorm.

Fire Department Charges

If the fire department was called to save or protect your property from an insured peril, you will be compensated, up to a certain limit, for fire department charges for which you are legally responsible. No deductible applies to this coverage.

Removal of Property for Protection

If you must remove property from your premises to other locations to protect it from any loss or damage that is covered by your policy, you will be insured for 30 days or until your policy term ends, whichever occurs first. The limit of insurance will be divided among the locations based on the total value of all the property at each location.

Personal Property in Storage

Your personal property is insured for the first 30 days of storage for loss or damage caused by a specific insured peril listed in your policy or due to collapse of the storage building. Coverage beyond 30 days of storage applies only:

  • To furs, clothing, watercraft and motors in storage between seasons in a storage premises
  • To loss or damage caused by theft or attempted theft of personal property stored in a public warehouse
  • If a longer period of storage is agreed to under your policy
Freezer and Refrigerator Foods

You are insured up to a total of $3500 for loss or damage to food that's contained in a freezer or refrigerator on your premises, resulting from:

  • Electrical power failure
  • Electrical or mechanical breakdown of the freezer or refrigerator

This coverage includes damage to the freezer or refrigerator when it is due to the insured food spoilage. Expenses incurred in acquiring frozen foods are not covered.

Lock and Key Replacement

You will be paid, up to a certain limit, for the cost of replacing locks if the keys to the exterior entrances of your insured home or to an insured automobile are lost or stolen.

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Summary of Coverage

Coverage Enhanced Plus Enhanced
Type of Coverage All Perils Coverage Specified Perils Coverage
Liability Coverage Up to $2,000,000 Up to $2,000,000
Personal Belongings Coverage varies by policy Coverage varies by policy
Unit Improvements and Betterments Coverage Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Additional Living Expenses Coverage Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Loss Assessment Coverage for Liability Up to Total Limit of Liability Coverage Up to Total Limit of Liability Coverage
Loss Assessment Coverage for Property Damage Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Contingent Insurance Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Non-owned Property Coverage $25,000 $25,000
Property with You While Travelling Coverage $10,000 $10,000
Property with a Student at School Coverage $10,000 $10,000
Property in Your Vehicle Coverage $2,500 $2,000
Base Deductible $1,000 $1,000

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Special Coverage Limits

For the types of property below, your policy will pay for loss or damage that exceeds your deductible amount, but only to the applicable maximum limit as shown.

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan
Books, licensed computer software, tools and equipment used for business and only while on your premises $5,000 $3,500
Securities $5,000 $3,500
Money, coins and bullion $500 $500
Goldware, silverware and pewterware $10,000 $10,000
Watercraft and equipment, accessories and furnishings

(Watercraft means boats, permanently attached equipment and accessories, as well as sailboats and windsurfers, all 8 metres (26 feet) or less in length.)
$2,500 $2,000
Motors used with watercraft $1,000 $1,000
Computer software for personal use $5,000 $3,500
Garden tractors and equipment, riding lawn mowers, snow blowers, and their attachments and accessories $5,000 $5,000
Animals, birds and fish or any pet $2,000 $2,000
Sports memorabilia, collector cards and comic books $1,000 $1,000
Spare automobile parts (maximum of $250 per item) $1,000 $1,000
Wine and spirits (maximum of $100 per container) $5,000 $3,500
Fine art or antiques, including, but not limited to, sculptures, religious artefacts, hand-made rugs or tapestries $10,000 $7,500

If any of the items or collections described below are stolen, your policy will pay the replacement cost that exceeds the deductible, as follows for each plan. (For the Enhanced Plus plan only, coverage is also provided if the item is lost or mysteriously disappears.)

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan
Jewellery, watches, precious or semi-precious stones $5,000 $3,500
Fur garments and garments trimmed with fur $2,500 $2,000
Manuscripts, stamps and stamp collections $1,000 $1,000
Coin collections and numismatic property $500 $500
Each bicycle, tricycle or unicycle, including its equipment and accessories $1,000 $1,000
Guns, ammunition and accessories $1,000 $1,000

The total coverage limit noted above will apply whether you are claiming for one item or several items of that type.

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Extensions of Coverage

Unless otherwise indicated, these extensions of coverage are automatically included in your policy and are covered for the amount of insurance shown on your Property Insurance Certificate.

Accidental Glass Breakage

You are insured for loss or damage caused by accidental glass breakage, including glass in storm windows and doors installed in your unit (excluding swimming pool covers). However, loss or damage that occurs while the building is under construction or has been vacant is not insured. 

Change of Temperature

Personal property in your unit is insured due to change in temperature resulting from damage to your dwelling or its equipment caused by a specific insured peril listed in your policy,or accidental glass breakage.

Consequential Loss

Damage to your personal property is insured if it is caused by fire department personnel or other emergency service personnel in responding to an insured peril.

Credit Card and Depositor Forgery

You will be compensated, up to certain limits, for loss caused by:

  • Your legal obligation to pay because of theft or unauthorized use of any credit card, automatic teller card or bank transfer card registered in your name, provided you comply with all the terms under which the card was issued. (Use by a resident of your household, or any person who has been entrusted with your credit card, automatic teller card or bank transfer card is not covered.)
  • Forgery or alteration of any cheque or negotiable instrument

No deductible applies to these coverages.

Counterfeit Currency

You are covered, up to a certain limit, for loss through acceptance in good faith of counterfeit Canadian or United States paper currency. No deductible applies to this coverage.

Fire Department Charges

If the fire department was called to save or protect your property from an insured peril, you will be compensated, up to a certain limit, for fire department charges for which you are legally responsible. No deductible applies to this coverage.

Removal of Property for Protection

If you must remove property from your premises to other locations to protect it from any loss or damage that is covered by your policy, you will be insured for 30 days or until your policy term ends, whichever occurs first. The limit of insurance will be divided among the locations based on the total value of all the property at each location.

Personal Property in Storage

You will be insured for personal property for the first 30 days of storage for loss or damage caused by a specific insured peril listed in your policy or due to collapse of the storage building. Coverage beyond 30 days of storage applies only:

  • To furs, clothing, watercraft and motors in storage between seasons in any storage premises
  • To loss or damage caused by theft or attempted theft of personal property stored in a public warehouse
  • If a longer period of storage is agreed to under your policy¬†
Freezer and Refrigerator Foods

You are insured up to a total of $3500 for loss or damage to food that's contained in a freezer or refrigerator on your premises, resulting from:

  • Electrical power failure
  • Electrical or mechanical breakdown of the freezer or refrigerator

This coverage includes damage to the freezer or refrigerator when it is due to the insured food spoilage. Expenses incurred in acquiring frozen foods is not covered.

Lock and Key Replacement

You will be paid, up to a certain limit, for the cost of replacing locks if the keys to the exterior entrances of your insured dwelling or to an insured automobile are lost or stolen.

Note: The information above is a summary only and does not include all terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Summary of Coverage

Coverage Enhanced Plus Enhanced
Type of Coverage All Perils Coverage Specified Perils Coverage
Liability Coverage Up to $2,000,000 Up to $2,000,000
Personal Belongings Coverage varies by policy Coverage varies by policy
Tenant's Improvements and Betterments Coverage Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Additional Living Expenses Coverage Percentage of Personal Belongings Coverage Percentage of Personal Belongings Coverage
Non-owned Property Coverage $25,000 $25,000
Property with You While Travelling Coverage $10,000 $10,000
Property with a Student at School Coverage $10,000 $10,000
Property in Your Vehicle Coverage $2,500 $2,000
Base Deductible $1,000 $1,000

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Special Coverage Limits

For the types of property below, your policy will pay for loss or damage that exceeds your deductible amount, but only to the applicable maximum limit as shown.

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan
Books, licensed computer software, tools and equipment used for business and only while on your premises $5,000 $3,500
Securities $5,000 $3,500
Money, coins and bullion $500 $500
Goldware, silverware and pewterware $10,000 $10,000
Watercraft and equipment, accessories and furnishings

(Watercraft means boats, permanently attached equipment and accessories, as well as sailboats and windsurfers, all 8 metres (26 feet) or less in length.)
$2,500 $2,000
Motors used with watercraft $1,000 $1,000
Computer software for personal use $5,000 $3,500
Garden tractors and equipment, riding lawn mowers, snow blowers, and their attachments and accessories $5,000 $5,000
Animals, birds and fish or any pet $2,000 $2,000
Sports memorabilia, collector cards and comic books $1,000 $1,000
Spare automobile parts (maximum of $250 per item) $1,000 $1,000
Wine and spirits (maximum of $100 per container) $5,000 $3,500
Fine art or antiques, including, but not limited to, sculptures, religious artefacts, hand-made rugs or tapestries $10,000 $7,500

If any of the items or collections described below are stolen, your policy will pay the replacement cost that exceeds the deductible, as follows for each plan. (For the Enhanced Plus plan only, coverage is also provided if the item is lost or mysteriously disappears.)

Maximum Coverage Limits
Property Type Enhanced Plus Plan Enhanced Plan
Jewellery, watches, precious or semi-precious stones $5,000 $3,500
Fur garments and garments trimmed with fur $2,500 $2,000
Manuscripts, stamps and stamp collections $1,000 $1,000
Coin collections and numismatic property $500 $500
Each bicycle, tricycle or unicycle, including its equipment and accessories $1,000 $1,000
Guns, ammunition and accessories $1,000 $1,000

The total coverage limit noted above will apply whether you are claiming for one item or several items of that type.

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

Extensions of Coverage

Unless otherwise indicated, these extensions of coverage are automatically included in your policy and are covered for the amount of insurance shown on your Property Insurance Certificate.

Accidental Glass Breakage

You are insured for loss or damage caused by accidental glass breakage, including glass in storm windows and doors installed in your rental unit/home (excluding swimming pool covers). However, you are not insured for loss or damage that occurs while the building is under construction or has been vacant.

Change of Temperature

Personal property in your rental unit/home is insured due to change in temperature resulting from damage to your dwelling or its equipment caused by a specific insured peril listed in your policy, or accidental glass breakage.

Consequential Loss

Damage to your personal property is insured if it is caused by fire department personnel or other emergency service personnel in responding to an insured peril.

Credit Card and Depositor Forgery

You will be compensated, up to certain limits, for loss caused by:

  • Your legal obligation to pay because of theft or unauthorized use of any credit card, automatic teller card or bank transfer card registered in your name, provided you comply with all the terms under which the card was issued. (You are not covered for use by a resident of your household, or any person who has been entrusted with your credit card, automatic teller card or bank transfer card.)
  • Forgery or alteration of any cheque or negotiable instrument

No deductible applies to these coverages.

Counterfeit Currency

You are covered, up to a certain limit, for loss through acceptance in good faith of counterfeit Canadian or United States paper currency. No deductible applies to this coverage.

Damage to Building

You may apply a portion of your personal property insurance coverage, up to a certain limit, to pay for:

  • Damage to your rental unit/home that is directly caused by theft or attempted theft
  • Damage to the interior of your rental unit/home that is directly caused by vandalism or malicious acts (excluding fire damage)
Fire Department Charges

If the fire department was called to save or protect your property from an insured peril, you will be compensated, up to a certain limit, for fire department charges for which you are legally responsible. No deductible applies to this coverage.

Removal of Property for Protection

If you must remove property from your premises to other locations to protect it from any loss or damage that is covered by your policy, it will be insured for 30 days or until your policy term ends, whichever occurs first. The limit of insurance will be divided among the locations based on the total value of all the property at each location.

Personal Property in Storage

Your personal property is insured for the first 30 days of storage for loss or damage caused by a specific insured peril listed in your policy or due to collapse of the storage building. Coverage beyond 30 days of storage applies only:

  • To furs, clothing, watercraft and motors in storage between seasons in any storage premises
  • To loss or damage caused by theft or attempted theft of personal property stored in a public warehouse
  • If a longer period of storage is agreed to under your policy
Freezer and Refrigerator Foods

You are insured up to a total of $3500 for loss or damage to food that's contained in a freezer or refrigerator on your premises, resulting from:

  • Electrical power failure
  • Electrical or mechanical breakdown of the freezer or refrigerator
  • This coverage includes damage to the freezer or refrigerator when it is due to the insured food spoilage. Expenses incurred in acquiring frozen foods are not covered.
Lock and Key Replacement

You will be paid, up to a certain limit, for the cost of replacing locks if the keys to the exterior entrances of your insured dwelling or to an insured automobile are lost or stolen.

Note: The information above is a summary only and does not include terms, conditions, limits and exclusions. Please refer to your policy or call 1-877-749-7224 if you have questions about your existing coverage.

For details on endorsements, a revenue property, seasonal or second home, or watercraft policy you purchased prior to July 4, 2017, please see your Property Insurance Certificate or call us at 1-877-749-7224.