You could save yourself a lot of money when signing up for home insurance by doing these five things.
How we find you the best home insurance quotes in Ontario.
According to the 2016 census, the province of Ontario is home to nearly 5.6 million private dwellings. This means that more than 40% of Ontario’s population has home insurance. While it’s not legally mandated that properties in Ontario are insured, most banks and lenders require that mortgaged homes be covered, so home insurance is a de-facto requirement for homeowners. Adding to that is the fact that homes are our places of comfort, security, community, and family — all things worth protecting.
Most policies for single family homes will cover detached structures on your property (e.g. sheds, garages), and some policies will even cover additional living expenses if you’re forced to temporarily reside in a rented home or hotel. The premiums you pay into your home insurance policy will help you cover these unexpected costs.
Similar to auto insurance, there are numerous home insurance providers for Ontarians to choose between, and because they all offer different policies at different rates, it’s important to shop the market before before making your decision. That’s where we come in: LowestRates.ca will compare the home insurance market for you and connect you with a qualified broker, ensuring that you have the coverage you need at a price you can afford.
Join us as we answer your biggest questions about home insurance in Ontario.