When winter hits Mississauga and Toronto, talk of “frost claims” and “fender benders” becomes as common as the snow. Yet, many residents still make insurance decisions based on outdated myths that could cost them down the road. As a local insurance brokerage working with families and business owners across the GTA, here are some of the most common winter insurance myths — and the real truths behind them.
Myth #1: “My auto insurance covers all winter accidents automatically.”
Truth: While your auto insurance in Ontario covers damages from winter-related accidents, the type of coverage matters. For example, collision coverage helps if you slide on ice and hit another vehicle, but comprehensive coverage is what protects your car from damage caused by falling ice, theft, or vandalism. Many Mississauga and Toronto drivers skip comprehensive coverage to save money — but one icy storm can make that risky decision expensive.
Myth #2: “Home insurance covers all types of winter water damage.”
Truth: Not exactly. Standard home insurance typically covers sudden and accidental water damage but may exclude gradual leaks or flood damage from melting snow. In Mississauga neighborhoods with older plumbing, frozen pipes bursting is a real risk — and it’s covered only if you’ve taken steps to maintain your home’s heat or shut off your water supply while away.
Myth #3: “I don’t need additional coverage if I only rent.”
Truth: Renters in Toronto often believe their landlord’s policy covers their personal property — but it doesn’t. A renter’s insurance policy protects your belongings if there’s a winter fire, burst pipe, or theft during the holidays. It’s one of the most affordable types of coverage, often less than the cost of a few coffees a month.
Myth #4: “Winter tires don’t affect my insurance.”
Truth: They do! Installing certified winter tires can qualify you for discounts on your auto insurance premium. Many insurers in Ontario, including here in the GTA, offer 2–5% savings — plus, it significantly improves road safety and reduces your risk of costly accidents.
Frequently Asked Questions
1. Does my home insurance cover ice damming on my roof?
It depends on your policy. Some insurers include ice damming coverage, while others offer it as an add-on. Review your policy or contact your Mississauga insurance broker to confirm.
2. Will my insurance go up if I make a small winter claim?
In many cases, yes. Small claims can affect your future premiums or eligibility for discounts. Always ask your broker before filing minor claims.
3. Is there specialized winter business coverage for commercial clients in Toronto?
Yes. Business interruption and slip‑and‑fall liability coverage can protect your operations if severe weather hinders business or causes injuries.