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Written by Taras Trofimov
Content Manager
Updated October 13, 2026
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When you find the best quote, secure your Brampton home insurance rate by talking to a licensed broker or agent.
How much does Brampton home insurance cost in 2026?
Home insurance in Brampton costs around $1,630 – $2,350 per year as of 2026, according to LowestRates.ca’s latest quoter data. By contrast, Ontario home insurance premiums are around $1,875 – $2,170 per year, roughly $33 higher than Brampton’s (if you base the comparison on their midrange values).
How LowestRates.ca determines lowest and highest premiums
Estimated premiums are based on the average of the lowest two quoted premiums in 2026, with maximum available coverage for water protection using a profile of a 40-year-old homeowner, continuously insured for at least 10 years, who lives in a 2,500 sq ft detached house built 40 years ago, with brick veneer, wood frame construction, natural gas heat, a 10-year-old roof, and home replacement costs of $500,000.
Premiums are ordered according to Forward Sortation Areas (FSAs), which are the first three digits of a postal code, rounded to the nearest tenth. Premium ranges for each city are based on the lowest and highest premiums for each FSA. Ontario premium range is based on the median of all the lowest and highest premiums for each FSA.
About the comparison values
The comparison values are based on the midrange values for each city.
The formula to calculate the difference between each city is as follows:
((lowest premium + highest premium) ÷ 2) - ((lowest premium + highest premium) ÷ 2)
Example calculations:
- Ontario midrange: ($1,875 + $2,170) ÷ 2 = $2,022.50
- Toronto midrange: ($1,670 + $2,710) ÷ 2 = $2,190
- Difference between Ontario and Toronto: $2,022.50 - $2,190 = -$167.50, rounded to -$168
Brampton vs. the GTA: Who gets the lowest home insurance premiums in 2026?
At $1,440 – $1,770 per year, Burlington has the lowest premiums in the Greater Toronto Area (GTA), roughly $385 lower than Brampton's, which are around $1,630 – $2,350 per year as of 2026. Brampton's premiums are $215 lower than East York's, which are the highest in the GTA, at $1,860 – $2,550 per year.
If you’re wondering where your specific Brampton neighbourhood falls in all of this, scroll on to find your postal code.
| Rank | City | Annual premium (lowest – highest) | vs. Brampton |
|---|---|---|---|
1 | $1,440 – $1,770 | ~$385 lower | |
2 | Newmarket | $1,510 – $1,880 | ~$295 lower |
3 | $1,320 – $2,080 | ~$290 lower | |
4 | Whitchurch-Stouffville | $1,620 – $1,780 | ~$290 lower |
5 | Vaughan | $1,420 – $2,000 | ~$280 lower |
6 | Richmond Hill | $1,510 – $1,920 | ~$275 lower |
7 | Oshawa | $1,420 – $2,050 | ~$255 lower |
8 | East Gwillimbury | $1,690 – $1,780 | ~$255 lower |
9 | Courtice | $1,700 – $1,780 | ~$250 lower |
10 | $1,420 – $2,070 | ~$245 lower | |
11 | Markham | $1,500 – $2,090 | ~$195 lower |
12 | Uxbridge | $1,570 – $2,030 | ~$190 lower |
13 | Aurora | $1,720 – $1,880 | ~$190 lower |
14 | $1,530 – $2,180 | ~$135 lower | |
15 | Caledon | $1,480 – $2,240 | ~$130 lower |
16 | Halton Hills | $1,420 – $2,310 | ~$125 lower |
17 | $1,570 – $2,170 | ~$120 lower | |
18 | King City | $1,750 – $1,990 | ~$120 lower |
19 | $1,330 – $2,420 | ~$115 lower | |
20 | $1,410 – $2,360 | ~$105 lower | |
21 | Scarborough | $1,510 – $2,270 | ~$100 lower |
22 | Newcastle | $1,630 – $2,180 | ~$85 lower |
23 | Georgina | $1,630 – $2,240 | ~$55 lower |
24 | Sunderland | $1,750 – $2,120 | ~$55 lower |
25 | Bowmanville | $1,700 – $2,260 | ~$10 lower |
26 | Brampton | $1,630 – $2,350 | $0 |
27 | North York | $1,520 – $2,600 | ~$70 higher |
28 | Port Perry | $1,960 – $2,240 | ~$110 higher |
29 | Etobicoke | $1,770 – $2,540 | ~$165 higher |
30 | Orono | $2,110 – $2,240 | ~$185 higher |
31 | $1,670 – $2,710 | ~$200 higher | |
32 | East York | $1,860 – $2,550 | ~$215 higher |
Ontario annual premium (lowest – highest):
$1,875 – $2,170 (~$33 higher than Brampton)
Brampton home insurance premiums by postal code
Postal codes with the highest home insurance premiums in Brampton start with L6Y, paying around $1,630 – $2,350 per year.
| Postal code | Annual premium (lowest – highest) |
|---|---|
L6V | $1,630 – $1,880 |
L6Y | $1,630 – $2,350 |
L6R | $1,720 – $1,940 |
L6S | $1,720 – $1,930 |
L6W | $1,720 – $1,980 |
L6X | $1,720 – $2,190 |
L6Z | $1,720 – $1,860 |
L7A | $1,720 – $2,010 |
L6P | $1,760 – $2,110 |
L6T | $1,760 – $1,880 |
Brampton annual premium (lowest – highest): $1,630 – $2,350
The outlook on Brampton's home insurance premiums in 2026
Home insurance premiums in Ontario, and by extension, Brampton, are up in 2026 and are likely to continue to increase as we head into 2027.
Home premiums rose 5.8% year over year in Q2 2026 nationwide, according to the Applied Rate Index. Ontario saw an average premium increase of 4.2% year over year.
The silver lining for Ontario is that compared to Q1 2026, home insurance premiums are actually down — by 0.1%. The only other province to see a decrease from Q1 to Q2 in 2026 was Quebec, at 1.9%. The rest of the provinces saw an increase.
That said, year over year, the trend is unlikely to remain downward for Ontario.
| Quarter | Alberta | Atlantic Provinces | Ontario | Quebec | B.C. | Sask. & Man. |
|---|---|---|---|---|---|---|
Q2 2026 | 11.9% | 8.9% | 4.2% | 0.7% | 1.9% | 10.8% |
Q1 2026 | 16.2% | 10.8% | 6.6% | 4.0% | 1.6% | 11.2% |
Q4 2025 | 13.5% | 9.4% | 4.3% | 6.4% | 1.7% | 9.0% |
Q3 2025 | 13.1% | 7.3% | 4.7% | 11.2% | 4.6% | 8.9% |
Q2 2025 | 9.5% | 7.0% | 5.0% | 10.1% | 1.0% | 9.4% |
Q1 2025 | 3.4% | 4.2% | 5.7% | 9.6% | -5.9% | 4.0% |
Q4 2024 | 7.0% | 4.5% | 8.9% | 8.5% | 4.7% | 7.9% |
Q3 2024 | 5.5% | 5.4% | 10.4% | 5.0% | 7.6% | 7.7% |
Q2 2024 | 5.9% | 7.9% | 12.5% | 4.7% | 10.7% | 8.3% |
Q1 2024 | 10.4% | 9.2% | 12.7% | 3.7% | 18.3% | 12.0% |
Note: The percentages listed above are derived from comparing rates from one quarter to the same quarter in the prior year (e.g., Q2 2026 is compared to Q2 2025).
Source: The Applied Rate Index (Q2 2026)
What's driving Brampton home insurance premium increases in 2026?
A recent study by Statistics Canada shows that intensification in extreme weather events in the last six years, combined with an increase in rebuilding costs, have led to significant challenges for insurers across Canada. Here are some highlights:
Factor #1: Extreme weather intensification
Brampton has felt the effects of extreme weather firsthand. According to the City’s Extreme Weather factsheet, the July 2024 flash flooding and May 2022 derecho caused road closures and significant damage across the city. In February 2022, an ice jam on the Credit River flooded the Churchville neighbourhood, with around 100 homes initially evacuated.
As of now, there are no indications that this upward trend will reverse any time soon. Extreme weather is bound to only get worse in the future, with temperatures and precipitation continuing to increase at a rapid rate. Locally, the City’s Flooding factsheet estimates that under a business-as-usual scenario, the share of Brampton’s population at risk of flooding will climb from roughly 3% in 2020 to 20% by 2070.
Factor #2: Surging rebuilding costs
As seen in the recent report by Verisk, residential rebuild costs in Ontario went up 23.8% from January 2021 to January 2026. As of 2026 Q1, YoY component costs are 3.8% higher across all of Canada, with Ontario sitting in the second place among the provinces at 4.4% YoY. The first spot belongs to British Columbia at 4.7% YoY.
Furthermore, due to a growing skilled trades shortage — as job vacancies are expected to climb at a rate of 13% between 2026 and 2045 — there’s a high chance that home rebuilding costs will remain elevated as well.
Factor #3: Profitability concerns
All these issues have resulted in profitability concerns and pushed insurers to increase their premiums. According to the study, homeowners’ home and mortgage insurance increased 45% from December 2019 to December 2025, outpacing even the all-items Consumer Price Index (inflation), which went up 21% over that time span.
The outlook is grim, yes, but that doesn't mean that consumers have no options. Comparison shopping is still the best way, by far, to secure a cheap premium. And like all things financial, price shopping should be a habit rather than a once-in-a-blue-moon activity.
Get the cheapest home insurance quotes by comparing the market
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See how our customers in Brampton save big on home insurance.
| Type of home | Location | Previous claims | Lowest rate | Average rate | Saved |
|---|---|---|---|---|---|
Quote from October 30, 2026 Type of home Townhouse 1,500 sq ft | Location Brampton | Previous claims None | Lowest Rate $97/mth $1,168/yr | Average rate $150/mth $1,798/yr | Saved $53/mth $636/yr (35.00%) |
Quote from October 29, 2026 Type of home Detached 1,956 sq ft | Location Brampton | Previous claims None | Lowest Rate $388/mth $4,652/yr | Average rate $480/mth $5,763/yr | Saved $93/mth $1,116/yr (19.00%) |
Quote from October 29, 2026 Type of home Detached 3,446 sq ft | Location Brampton | Previous claims None | Lowest Rate $168/mth $2,021/yr | Average rate $309/mth $3,709/yr | Saved $141/mth $1,692/yr (46.00%) |
Home insurance quotes are compared from CAA, Dominion Insurance, Economical Insurance, Gore Mutual, Max Insurance, Pembridge, SGI, and Wawanesa Insurance.
Factors that determine your home insurance quote in Brampton
Your home insurance policy will be customized to suit your needs and the property you’re insuring.
Home insurance premiums are determined by dwelling type (is it a single-detached home, a house with a basement tenant suite, or a condo?). Insurance companies also try to predict the kind and size of claim you might make in the future.
Here are some of the criteria insurance companies look at when calculating your premium.
- The square footage of your home.
- Contents and quality of construction.
- The location of your home.
- Distance to a fire hydrant.
- Your insurance claims history.
- The age of your roof.
- Your home’s plumbing.
- Your home’s electrical system.
Your Brampton home insurance questions, answered
What kind of perils are specific to Brampton?
- Cold temperatures. No exception to Canada’s harsh winters, Brampton can see temperatures plunge in the colder months, resulting in freezing or bursting of water pipes.
- Flooding. In the summers, Brampton can see powerful thunderstorms, which can bring a high volume of rainfall, possibly resulting in flooding.
- Earthquakes. Though they’re not common, moderate earthquakes are possible in Brampton.
What perils does house insurance cover in Brampton?
Generally speaking, home insurance is meant to look after your personal belongings (e.g., appliances, furniture, some electronics); additional living expenses (should you need to temporarily evacuate your home); and personal liability, should you be sued for an injury sustained on your property.
Home insurance typically covers the following risks:
- Fire.
- Lightning.
- Smoke damage (excluding fireplaces).
- Theft.
- Wind and hail.
- Electrical current.
- Explosions.
- Vandalism.
- Sudden or accidental water damage (caused by a defective washing machine or burst pipes).
- Broken windows.
- Falling objects (unless propelled by a landslide, avalanche, or earthquake).
What perils won’t home insurance cover in Brampton?
The following perils aren’t covered in a standard home insurance policy:
- Sewer backup.
- Flooding caused by overland water.
- Earthquakes.
- Landslides.
- Damage from freezing outside the home.
- Pollution.
- Damage from insects and rodents.
- Damage to property acquired illegally.
If you’re worried about any of these risks, you can add special home insurance coverage to your base Brampton home insurance policy. Additional coverages are called ‘riders’ or ‘endorsements.’
What kind of home insurance do you need in Brampton?
Again, that depends on your circumstances and your personal tolerance for risk. There are four basic types of home insurance:
Comprehensive - Of all the policy types, this one is the most extensive. It covers both your home’s structure and its contents for all risks. The exception would be any perils that are specifically excluded, for example, non-insurable perils like overland flooding and earthquakes.
Basic or Named Perils - This policy only covers your home against perils that are named in the policy.
Broad - A mid-priced policy that’s somewhat of a mix between comprehensive and basic. This policy covers your home’s structure against all insurable perils. Contents, however, are only protected against named perils.
No-Frills - Intended for properties that don’t meet normal insurance standards (i.e., homes that have major structural issues).
You might also want to purchase insurance endorsements, which are additional forms of coverage that homeowners can add to beef up their policy. Brampton residents in particular may want to consider purchasing endorsements for things like overland flooding and sewer backup. It’s also possible to purchase additional coverage for things like fine jewelry and equipment used for a home business.
What can you do to save on homeowners insurance in Brampton?
- Bundle home and auto insurance with the same provider.
- Offer to pay a higher deductible (e.g., the amount you pay out of pocket for a claim).
- Use a comparison site like LowestRates.ca to find the best rate.
- Pay an annual lump sum upfront as opposed to monthly premiums, which include administrative costs.
- Mention that you’re part of a union, certain organization(s), or an alumnus of a qualifying university or college.
- Equip your home with smoke detectors and monitored intruder alarms.
- Be “claims free” (e.g., never have made an insurance claim before).
- Oftentimes simply being a senior citizen will qualify you for a cheaper rate.
- Buy a newly-built home, which can sometimes qualify you for a discount.
What are the best home insurance companies in Brampton?
There’s no such thing as the best insurance company for everyone. It’s going to depend on your situation. We advise against choosing an insurance company solely based on which one is offering you a cheap home insurance rate for your Brampton residence. In the end, what matters is that you get affordable Brampton home insurance that provides appropriate coverage.
To make that happen, you’re going to want to do your due diligence on insurers and evaluate whether or not giving them your business is a good idea. That includes checking the insurer’s rating on websites like insurer rating agency A.M. Best, doing a bit of Googling and seeing if the words “scam,” and “rip-off” turn up when you search the insurer, or, contacting the Better Business Bureau to see if any complaints have been lodged against the company or brokerage.
You don’t have to go to these lengths to find a reliable insurance provider: LowestRates.ca has already vetted the insurance companies in our online marketplace. When you apply for Brampton home insurance quotes online with us, we will only ever show you results from trusted Canadian insurance companies.
Finally, you should never feel pressured into buying a policy. Take your time and don’t worry about asking too many questions. Your agent should be happy to answer them for you.
Here are some of the major Canadian home insurance providers serving Brampton:
- Aviva
- Intact Insurance
- Wawanesa
- TD Insurance
- The Co-operators
Compare Brampton home insurance quotes today to find your lowest rate.
What about property insurance for condos or apartments in Brampton?
Taras Trofimov
About the Author
Taras is the Content Manager for LowestRates.ca. He has produced thought leadership content for organizations like Constellation Software, Facebook and Yellow Pages as well as outlets like The Globe and Mail, Autoblog and MSN Autos.
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*More than 50% of LowestRates.ca users in Ontario who obtained a home insurance quote from January to December 2025 saw savings ranging from $150 to $650, with an average savings of $352.84. The average savings amount represents the difference between the users’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca.