Only 10 percent of respondents are worried about earthquakes
VANCOUVER, Dec. 16, 2013 /CNW/ - According to a new poll from
Vancouver-based Canadian Direct Insurance, B.C. tenants and homeowners
surveyed are most concerned about fire (30 per cent) and theft (19 per
cent). Concern about earthquakes trails at just 10 per cent.
When asked about potential damage to personal property in their home,
respondents listed the following threats as top concerns:
TOP CONCERNS FOR B.C. TENANTS AND HOME OWNERS SURVEYED
Other concerns given by respondents include falling trees, rock slides,
wind and pests.
Despite being concerned about their personal property, fewer than half
the tenants surveyed in British Columbia (43 per cent) have tenant
While the majority of tenants who participated in the poll correctly
realize they're not covered by their landlord's insurance (69 per
cent), a quarter of renters surveyed (25 per cent) don't know.
"There's a general misconception that renters don't need insurance, and
some believe they're covered under their landlord's policy," says Karen
Hopkins-Lee, Chief Underwriter at Canadian Direct. "Uninsured tenants
also lack liability coverage, which protects them from being sued if
they accidentally damage someone's property, or injure another person.
For instance, tenants may be held responsible for damaging their
landlord's building if they start a kitchen fire."
The poll also revealed more than a third of B.C. tenants (38 per cent)
and one-third of B.C. homeowners (33 per cent) who participated in the
survey have not calculated the approximate value of personal property
in their home - an important step in safeguarding possessions.
"In addition to valuables like electronics and jewelry, include basics
like kitchen items and linens," says Hopkins-Lee. "If you had to go
purchase all those items new, what would it cost?"
TIPS FOR TAKING INVENTORY OF PERSONAL PROPERTY:
Take photos - Keep them offsite in case of fire.
Shoot video - Even a low-quality, mobile phone video can help trigger
Do a complete inventory - In additional to valuables, don't forget the
Reassess after making a large purchase
About the survey
From October 3, 2013 to October 4, 2013, an online survey was conducted
among a sample of 505 British Columbians who are either homeowners or
renters and who are Angus Reid Forum panel members. The results have
been statistically weighted according to age and gender. Discrepancies
in or between totals are due to rounding.
For more information
SOURCE: Canadian Direct Insurance
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