Our brokers will find you the best home insurance by comparing quotes from the top 10+ companies in Canada.

Home insurance is a means of protecting your home, its contents and your property against damage, loss or theft.

If a loss occurs, home insurance will put you back in the same financial position you were in before the loss.

Home insurance policies often include liability coverage which protects if you are sued for being legally liable for other peoples’ injuries or property damage anywhere in North America.

Home insurance will protect your home, which is likely one of your largest assets, against a range of events causing loss or damage to an insured property.

Homeowners insurance will also give you peace of mind, knowing that you have liability insurance that comes with many policies.

If you can’t afford to replace your home, its contents, and/or to repair your property, we recommend that you seriously consider purchasing home insurance.

Many lenders will only mortgage a home if it’s insured.

Unlike car insurance, home insurance in Canada is not a legal requirement.

However, most lenders won’t provide funds for an uninsured home. They often require proof of an active home insurance policy.

House insurance rates vary depending on:

The house insurance company that holds the policy.

The cost of rebuilding the home.

Where the home is located.

The policy holder’s financial profile and insurance claims history. In some provinces, your credit rating may be considered.

To ensure you get the cheapest home insurance in Canada, we compare prices from a range of insurance companies.

Our licensed brokers are also available by phone to customize a policy so that you’re only paying for coverage you need, nothing more.

Get a quote and give us a call: 1-855-754-0350.

The cost of insurance for homeowners is calculated on an annual basis and charged to the policy holder in equal payments – also known as home insurance premiums or rates.

The annual cost of any policy depends on the type of coverage purchased, among other things.

Most often, home insurance premiums are due monthly.

If desired, they can also be paid in full.

One of our licensed brokers will advise you of additional payment options and schedules that may be available from different home insurance companies.

A home insurance premium is the recurring cost for an active insurance policy over a fixed amount of time, usually one year.

Your premiums are typically due monthly, though, you can also choose to pay one full, annual payment.

Ask one of our licensed brokers if additional payment plans are available for your policy.

As part of our commitment to delivering great service, we’ll make sure that your policy has a payment schedule that works well for you.

A deductible is an amount, agreed upon in advance, which a policy holder is responsible to pay, following a loss.

An insurance company will only respond to a loss that exceeds the amount of the deductible.

Carefully review your policy to figure out: What events does my home insurance cover?

Home insurance policies protect against a loss or damage caused by:

Broken windows

Electrical current

Explosion

Falling objects (depending on cause)

Fire

Hail

Lightning

Smoke damage (except from your fireplace)

Theft

Vandalism

Wind damage

By speaking with one of our licensed brokers, you can quickly determine what coverages are best for your circumstance.

Most house insurance companies include in their policies additional living expenses which cover the cost of moving or staying at a hotel, if you’re unable to stay in your home due to damages from an insured loss being repaired.

Some home insurance policies name certain perils as ‘exclusions’.

For example, your policy may protect your home against fire, but may name earthquake as an exclusion. This means that you won’t be covered for damage caused by an earthquake.

It’s important to know what exclusions are named in your policy.

Common exclusions include, but are not limited to:

Absence from home: If you’ve been away from the home for an extended period of time, damage, loss or theft may not be covered.

Existing damage: Home insurance policies are unlikely to cover property damage that existed before the policy was taken out.

Flooding: Many policies don’t cover damage caused by flooding from a storm surge. If your home is in an area prone to flooding, you may need additional coverage.

Renters: Damage or loss caused by people staying in the home, other than those listed on the policy, may not be covered.

Your policy should cover, at least, the cost of replacing your home, its contents and repair for your property, in the event of damage, loss or theft.

Depending on where you live, replacement costs are not necessarily equal to the actual cash value of your home.

Our brokers use industry accepted replacement cost calculators which use your address to quickly determine how much coverage your home insurance policy makes you eligible for.

There are three main types, or forms, of home insurance in Canada: Comprehensive, Broad and Basic.

While each is distinct, their premiums are calculated in the same way.

Comprehensive is the most common type of home insurance, covering you against all perils to your home and its contents.

Comprehensive home insurance policies are also known as all-peril or all-risk policies.

The terms are often used interchangeably in the insurance industry.

A property insurance quote or estimate reflects the potential cost of a policy based on a specific set of criteria.

To get a home insurance quote in Canada, take three minutes to use our free, online quote tool.

Next, connect with one of our licensed brokers to review your options and customize a policy so that you’re getting the coverages you need, nothing more.

Home contents insurance is part of an insurance policy that will cover the cost of replacing your belongings against damage, loss or theft.

To ensure your most treasured possessions are covered, carefully review your house and contents insurance policy.

While many policies cover the cost of replacing everything – from appliances, to furniture to some electronics as well as the food in your fridge – some high-value individual items, such as jewellery, high-end sports equipment or fine art may not be covered and, in fact, could require additional coverage.

You can buy a ‘personal articles floater’ which will list additional items on your policy and their value. You may be required to provide appraisals for some items.

Use one of the best online home insurance tools in Canada for quotes from 10+ companies.

Then, give us a call: 1-855-754-0350.

We work with the best insurance companies in Canada.

We also work only with licensed insurance brokers who are registered to do business in the provinces and territories where the policy is held.

Be sure you’re getting home insurance through a licensed broker and company.

We’ll help you find a home insurance policy at a price that’s right for you.

There are three main types, or forms, of homeowners insurance in Canada: Comprehensive, Broad and Basic.

Connect with a broker to review which best suits your circumstances: 1-855-754-0350.

An insurer that’s best for one home may be insufficient for another.

Yes. We offer a fast and easy way to find the cheapest home insurance.

We’ll connect you with a licensed broker who will share their expert knowledge of the best house insurance companies and policies.

With access to the best insurance companies from across Canada, we'll find you the cheapest home insurance best suited to your circumstances.

To save you money, we customize your policy so that you’re paying for the coverages you need, nothing more.

We’ll also review with you tactics for reducing your rate, looking at each variable in your application and passing on our knowledge to you.