However, if homeowners already have home insurance, why might they need to accept donations? And if they do take the gift, will it limit how much coverage they can later claim? The best safety plan is home insuranceĪ good home insurance policy will cover most of what would be lost in the case of fire or other damage to a home. When tragedy strikes, the kindness of others can help families in need. In total, the GoFundMe would go on to collect more than $40,000. In a matter of days, they collected more than $26,000, spurred by the media attention given to the family. Their insurance company helped them with short-term relocation options - but another form of support also came.įriends and strangers started a GoFundMe, an online fundraising tool. While, thankfully, the entire family and their pets survived, they lost everything else: furniture, cars, clothes, and all the memories you collect in a home. lost their entire home in a catastrophic fire on Christmas Day. In December 2021, the Smith family in Baden, Ont.
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