Whether you’re a tenant or a homeowner, you often have recourse.
How we find you the best home insurance quotes in Newfoundland and Labrador.
Newfoundland and Labrador is home to more than 500,000 residents and more than 250,000 private dwellings. While home insurance is not legally mandated in Newfoundland and Labrador, the majority of banks and lenders insist that mortgaged homes are covered by a policy, making home insurance practically a prerequisite for homeownership. And when you consider that owning a home is the single largest investment that most people in Newfoundland and Labrador will ever make, it’s no wonder home insurance is a must-have.
So, where should homeowners in Newfoundland and Labrador look for home insurance? With numerous providers offering a range of policies and rates, it’s critical that customers shop around before buying. Luckily, LowestRates.ca helps you do just that. By comparing the home insurance market for you — and by connecting you with qualified brokers — you’re sure to get the protection you need for the home you love.
Follow along as we answer some common questions about home insurance in Newfoundland and Labrador.