Insuring heritage homes – how to break through the complications
Many century-old heritage homes grace the small town of Petrolia, Ontario – but after a couple, who recently caught media attention, bought an 1870s house for $250,000, they were asked to insure it for $930,000.That means there’s something wrong with the insurer’s replacement-cost carrier, according to Daniel Mirkovic, president and CEO of Square One Insurance. He said there are many...
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