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What our users say:

July 12
Excellent service
The lowest rates agent called me right after I finished the initial question and...
D-Glenn Surgenor
July 11
Professional all the way!
They were able to find the right coverage at the right price in a short time. P...
July 10
JADAN M from Scoop is great!
Otnell Lewis
July 10
I was contacted by a broker who offered…
I was contacted by a broker who offered me home and automobile insurance at a mu...
James Mercer
July 7
Best price
It’s fast and easy to get home insurance
Alem Ahbte
July 7
The name says it all
The name says it all, lowest rates available and very professional service. 5 st...
Adam Koester
July 5
The service I received today 7/4/24 was…
The service I received today 7/4/24 was amazing and swift.
July 3
Quick results
Quick results, connected with a company in no time at all. Ended up doing busine...
Paul in Calgary
July 2
Prompt reply
Fare and competitive rate
Obaid Khan
June 29
Saved me $300 a year
Eric Buls
June 29
Amazing service
Amazing service, very quick response and helpful staff
Abdo Antoun
June 28
There was an instant offer and then…
There was an instant offer and then quick follow up.
June 28
The people I was dealing with were…
The people I was dealing with were knowledgeable and very helpful
June 27
Guve us the best what we looking for
Genelyn Tacaisan
June 27
When I booked a time to call me
When I booked a time to call me, they were right on time - no waiting with eleva...
June 26
Easy process
Easy process, very helpful
Shauni Needham
June 25
Great customer service, friendly staff.
June 24
He answered all my questions
He answered all my questions
Marcia Atkins
June 24
Mark was very helpful
Mark was very helpful
Liloutie Jairam

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Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.


When you find the best quote, secure your Thunder Bay home insurance rate by talking to a licensed broker or agent.

How we find you the best home insurance rates in Thunder Bay.

Looking to compare home insurance quotes in Thunder Bay? Then you probably already know how important it is to protect your home from the risk of damage.

While home insurance isn’t mandatory like auto insurance is, it’s still a critical purchase for most homeowners. If your home is damaged by fire or a falling tree, repairs can be extremely expensive if you don’t have the right coverage. Naturally, you want the best insurance protection at the lowest possible price. is designed to take the hard work out of shopping for home insurance. With our fast, free quote tool, you can get a Thunder Bay home insurance quote online in a hurry.

Just tell us whether your home is an apartment, condo or house, and a few other key details. Entering your info into our online quote tool takes just three minutes.

We’ll show you current home insurance rates in Thunder Bay from all the market’s top providers.

And if you have questions about coverage, we’ll answer them. Once you receive your quotes, a licensed Thunder Bay home insurance broker will connect with you to ensure you understand how your policy works and what it covers. They will customize your coverage and lock in your rate.

In short, if you’re searching for the best rates on Thunder Bay home insurance, you’re in the right place. If you’re looking for an education in home insurance essentials, read on. When you’re ready to buy, use our online quote tool above to compare rates.

Outline of a house. Illustration.

See how our customers in Thunder Bay save big on home insurance.

Type of homeLocationPrevious claimsLowest rateAverage rateSaved
Quote from July 12, 2024
Type of home
Detached 1,037 sq ft
Thunder Bay
Previous claims
Lowest Rate
Average rate
$1,500/yr (46.00%)
Quote from July 12, 2024
Type of home
Detached 1,108 sq ft
thunder bay
Previous claims
Lowest Rate
Average rate
$744/yr (29.00%)
Quote from July 12, 2024
Type of home
Detached 734 sq ft
Thunder Bay
Previous claims
Lowest Rate
Average rate
$1,368/yr (48.00%)
Home insurance quotes are compared from CAA, Dominion Insurance, Economical Insurance, Gore Mutual, Max Insurance, Pembridge, SGI, Square One Insurance, and Wawanesa Insurance.

Tips on how to lower the cost of your property insurance in Thunder Bay.

Getting insurance for your home is easier than you think. To get the lowest rate possible, the Financial Consumer Agency of Canada recommends following these steps when shopping for home insurance.

Compare home insurance quotes from various providers.

Ask your broker or agent about bundling your home and car insurance policies.

Ask your broker or agent about which discounts you qualify for.

You might be able to further reduce your by increasing your deductible (the amount you pay toward a claim before your insurance kicks in) and by offering to pay your insurance bill annually instead of monthly.

Increasing your deductible is a great way to save on home insurance in the short term, just make sure you have money reserved for this purpose. Focusing on finding cheap quotes isn’t always a good idea. Having the right amount of coverage — now that should always be the goal.

Factors that determine your home insurance quote in Thunder Bay.

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 questions about home insurance in Thunder Bay, answered.

How much is home insurance in Thunder Bay?

If you’re looking for a home insurance estimate in Thunder Bay, you’ll need to request customized quotes from a few different insurance providers.

Finding out the average home insurance cost in Thunder Bay isn’t very helpful when it comes to estimating your own premium costs. That’s because location is only one of several factors that determine your rates.

Other factors insurance companies use to calculate your premiums include the size of your home and the level of coverage you prefer.

Home insurance is tailor-made to fit your property, coverage needs and budget. So you’ll need to give some basic information to insurance providers to get a realistic quote.

If this sounds like a hassle, it doesn’t have to be. is here to simplify the process of shopping for home insurance.

With our online quote tool, you only have to enter your information once. We work with all the leading insurance providers across Canada, so you’ll receive free quotes from multiple providers in your market. It’s the most convenient way to find the cheapest home insurance in Thunder Bay.

Ready to find the lowest cost on Thunder Bay home insurance? Input your info above. It takes just three minutes, and our quote tool is completely free.

What perils are specific to Thunder Bay?

Because of Thunder Bay’s location on Lake Superior, the city’s homeowners may want to consider including flood and sewer back-up coverage. These aren’t part of standard home insurance policies, but are often available as optional add-ons.

Insurance providers distinguish between different types of flood damage protection, including tidal flooding and overland flooding. Make sure you understand what types of coverage are available and what they cover.

Sewage backup commonly occurs during floods, so homes at risk of flooding may also want protection against this peril.

Water in many forms is a frequent source of damage to homes. Insurance companies have many different terms and categories for different types of water damage.

Usually only certain kinds of water damage are covered under your policy. It’s worth discussing this with your home insurance provider so you understand what is and isn’t covered and what optional coverage may be available if you want it.

What perils does home insurance cover in Thunder Bay?

In the world of insurance, a “peril” refers to a risk, or a potential cause of damage to your home. The following perils are typically covered by home insurance, in Thunder Bay or wherever you live:

  • Fire
  • Lightning
  • Explosions
  • Smoke damage (as long as it isn’t from your fireplace)
  • Electrical surges or currents
  • Broken windows
  • Vehicle impacts
  • Falling objects (trees are a common risk)
  • Vandalism
  • Theft
  • Severe weather like hail or wind
  • Water damage from certain causes (flooding and sewer back-up are usually not covered unless you opt for special coverage)

What perils won’t property insurance cover in Thunder Bay?

It’s important to know what your insurance does and doesn’t cover. There are certain perils, or causes of damage, that are commonly excluded from home insurance policies. These include:

  • Flood damage
  • Sewer back-up (this is often caused by flooding)
  • Earth movements, like landslides and earthquakes
  • Criminal activities
  • Gradual damage due to maintenance issues, like a slow leak in a roof or plumbing that requires repair
  • Business activities
  • Freezing outside your home
  • Freezing inside your home during the normal heating season. In other words, if you leave your home vacant over the winter and don’t drain the pipes or arrange for regular checks on their property, most home insurance providers won’t cover damage if your pipes freeze and burst.
  • Damage caused by tenants if your home is rented out

If you own a seasonal cottage or rental property, ask your insurance provider about policies designed to cover these situations.

If you plan to be away from your home for an extended period, ask your insurance company what you need to do to ensure you’re still covered under the terms of your policy.

Coverage for flooding and sewer back-up is usually available as an add-on to standard home insurance coverage.

What kind of home insurance do you need in Thunder Bay?

Your home insurance coverage needs in Thunder Bay depend on your preferences, your budget, and a few factors that are unique to you and your property.

For homeowners seeking maximum protection, comprehensive coverage may be the best choice. Comprehensive coverage usually covers damage caused by the widest variety of perils.

Home insurance typically covers the contents of your home in addition to the structure. If you have especially valuable jewellery or other items like art or wine, you may want to purchase additional coverage to fully protect these items. There are usually limits to what contents a standard home insurance policy covers.

If you are budget-minded or don’t need maximum coverage, a standard or broad home insurance policy is a good choice. Standard home insurance covers you for many perils, plus personal liability and the contents of your home, with certain common exclusions.

You may be able to add additional coverage if you choose for perils like flooding or sewer backup to provide stronger protection. These can usually be added to a broad Thunder Bay homeowners insurance policy as special endorsements.

What can you do to save on home insurance premiums in Thunder Bay?

The most important thing you can do to find affordable home insurance in Thunder Bay is to shop around and compare quotes from different providers.

Beyond that, there are a few other common ways to find savings.

To get the lowest price on your Thunder Bay home insurance, consider these tips:

  • Install a monitored alarm system – The better protected your home is from burglaries and fire, the less likely you are to have damage from those causes. This can save your insurance provider money on claims, so many companies will pass the savings onto you if you install this type of equipment.
  • Just check with your insurance provider before installing a new system, as they may have specific requirements to qualify for a discount.
  • Bundle home and auto coverage – Insurance providers usually offer a discount if you purchase more than one product.
  • Make annual premium payments – Paying your premium for the whole year at once will sometimes earn you savings over monthly installments.
  • Raise your deductible – This is a surefire way to lower your premiums, but may not be suitable for everyone. Be sure you have enough savings to cover the deductible amount in case of a claim.
  • Review your coverage regularly – Read over your policy at renewal time to be sure you’re not paying for coverage you no longer need. Ask your insurance provider if there are any optional add-ons or discretionary areas in your policy where you could consider reducing your level of coverage.
  • Ask about common discounts – Some employers have deals with insurance providers to offer reduced rates as an employee benefit. This may apply to retirees as well, and members of some alumni groups. Some insurers also discount rates for non-smokers and long-time customers.

What are the best home insurance companies in Thunder Bay?

Many home insurance providers cover the Thunder Bay market. It’s not possible to identify one company that is best for every homeowner.

Since home insurance is always customized to your property, budget and coverage needs, it’s likely that the best policy for you may be different from your neighbour’s.

For example, a homeowner with a basement rental suite and a valuable art collection probably has different insurance needs than a family with a single detached house and a pool.

To find the best home insurance in Thunder Bay to meet your coverage needs, learn about the different types of coverage available. Once you’ve identified your preferences, you can compare quotes to find the best home insurance at the best price for your unique situation.

Pro tip: makes finding the best rates on home insurance quick and easy. Just enter a few details into our free online quote tool to get started.

What if I own a condo or rent? Can I still buy property insurance online?

Yes. At, whatever kind of home you live in, we can help you find the right insurance coverage to protect it.

Whether you need tenant, condo or house insurance in Thunder Bay, there are a variety of home insurance products on the market to meet your specific needs.

If you’re in a condo, be aware that you’ll likely need a policy that protects you beyond the limit of any policy your condo association holds.

Equally, if you’re a renter, your landlord’s policy is unlikely to cover your contents in the event of a claim. You’ll need your own policy for that.

When you use our online quote tool to compare rates, we’ll ask for details about your dwelling type along with a few other key details insurance providers need to know.

You’ll receive home insurance quotes designed just for you, so get the protection you need and don’t pay for unnecessary extras.

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*Shoppers in Ontario who obtained a home insurance quote on from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by Excludes tenant and condo insurance.