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On average, Canadians save hundreds of dollars per year by comparing quotes with us.

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Get the best home insurance quotes.

Your home might be the biggest purchase you’ll ever make. Protect it with a great home insurance policy. will bring you the cheapest house insurance quotes from all the top providers in your area.

Compare 15+ home insurance quotes in just 3 minutes.

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See how much you could be saving on home insurance.

Type of homeLocationPrevious claimsLowest RateAverage rateSaved
Quote from January 16, 2021
Type of home
Townhouse, 1,950 sq ft
Previous claims
Lowest Rate
Average rate
Quote from January 16, 2021
Type of home
Detached, 3,042 sq ft
Previous claims
Lowest Rate
Average rate

What our users say:

January 4
I needed info and quotation for my…
I needed info and quotation for my condo insurance. Upon applying with Low Rate,...
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January 3
Good service
Simply and fast
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December 30
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December 22
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December 21
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Great site - easy to use
Great site - easy to use and showing great savings
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September 23
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September 21
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July 23
Saved money and agent was very helpful…
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July 23
Saved money and agent was very helpful…
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Antonella Commodaro
July 21
I was doubtful to fill out the online…
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Easy use/convenient
Easy use/convenient. This is a good one stop shop for all personal finance need...
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June 8 was a great way to find… was a great way to find a lower cost of insurance needs when rene...
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May 23
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May 23
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Website is very easy to use, questions are basic. Be sure to review companies on...
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May 18
i am so satisfied
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May 10
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April 11 Review
LowerRates provides quick processing of cost comparisons and their website is so...
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April 11 Review
LowerRates provides quick processing of cost comparisons and their website is so...
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April 4
Saved me $1740 per year on premiums
Saved me $1740 per year on premiums
Douglas Bailey
March 31
Easy and saved money
Our local insurance provider for home insurance increased our rate for 2020-2021...
Stephen Alexander
March 23
Excellent followup
Finally, customer service improved. Please get update from Surex on my behalf.
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March 13
Satisfied Client
Prompt, professional and understandable process.
March 10
Fast and easy site!
Fast and easy site that ultimately helped me find the most competitive rates for...
March 6
Finding tenant insurance
I had to find tenant insurance for the first time. Needless to say, I was nervou...
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March 4
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Nice company with an easy to use interface for getting quotes. Overall, a great ...
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March 2
Easy to get comparisons
Easy to get comparisons. Got a much lower rate than my previous company!
March 1
very satisfied with the experience and…
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Use to find the cheapest home insurance quotes.

By entering a few details about your home, you can compare the quotes from the best home insurance providers in your area. That’s all it takes to save hundreds of dollars per year on your home insurance policy — just like that.

Your home insurance questions, answered.

Looking for more info about your home insurance quotes? Check out our Home Insurance Buying Guide or the  Help Centre .

Why do I need home insurance?

For many Canadians, their home makes up a big portion of their net worth. A homeowners insurance policy that protects your house, its contents and your other assets in the event of a fire, storm, liability claim or other unexpected peril is a must.

Without a good house insurance policy, any damage caused to your home by one (or more) of the aforementioned events will be up to you to pay for.

Is home insurance mandatory in Canada?

While home insurance is not a legal requirement in Canada if the home is paid in full, most mortgage lenders will require you to obtain home insurance.

Since many lenders make house insurance a mortgage requirement, you may as well use to compare quotes and secure the best home insurance rate, right?

How much does house insurance cost?

It’s hard to say exactly how much home insurance will cost, because every home insurance provider underwrites risk differently. The cost of your premiums depends on a number of factors, including the size and the quality of their insurance pool, as well as several external factors such as extreme weather risks.

One way to get a sense of how much home insurance costs in your area is to get a quote through a comparison site like By using our comparison tool, you’ll automatically be shown the cheapest quotes from the best house insurance providers in your area.

What factors can determine your home insurance quotes?

Home insurance is customized to your individual circumstances, which is why it can be difficult to estimate how much your premium will cost. Generally however, your premiums are calculated based on the risk factors associated with obtaining home insurance. Some of these might include:

  • The square footage of your home.
  • Contents and quality of construction.
  • The location of your home.
  • Distance to a fire hydrant.
  • Your claims history.
  • The age of your roof.
  • Plumbing.
  • Your home’s electrical system.

How can I get the cheapest house insurance quote?

Here are some things you can do to lower the cost of your house insurance premium:

  • Increase your deductible, if you can afford to.
  • Install a theft alarm system and smoke detector.
  • Upgrade your electrical, heating and plumbing systems.
  • Protect your home from severe weather and water damage.
  • Ask your broker or agent for discounts.
  • Pay your premium annually instead of monthly.
  • Quit smoking for a lower risk of fires.
  • Insure your home for the cost to rebuild it, don’t overinsure it.
  • Bundle with your car insurance provider.
  • Compare home insurance quotes from various providers.

While finding cheap home insurance can be a great way to save money, it’s important to remember that getting cheap quotes shouldn’t take precedence over securing the coverage you need in case something bad happens. Furthermore, while increasing your deductible may seem like a great way to save on home insurance in the short term, you should ensure it won’t be too much for you to handle when it comes time to pay.

Why compare home insurance quotes online?

When starting the process, it’s important to shop around and compare quotes to make sure you’re getting the best home insurance rate. compares quotes from Canada’s leading home insurance providers so you can get the best policy at the cheapest price.

We know from experience. Home insurance quotes can vary significantly from one home insurance provider to another, depending on what kind of home you own and which province you live in. That’s why comparing quotes from the best providers is an important first step.

How do I compare house insurance quotes?

When we say it takes less than three minutes to compare quotes on, we aren’t exaggerating. All you have to do is fill out the form in our home insurance section, provide a few details about you and your property, and voila! We take it from there.

Together with our partners, we fill out the details of your property that you might not know off-hand, such as square footage, when the roof was last replaced, distance to the nearest fire hydrant, etc. Depending on where you live, you’ll soon get to choose from 15+ quotes.

Once you’ve selected the quote you want, the broker offering that quote will get in touch with you to lock in your rate and help you set up your home insurance policy. Just like that.

Do home insurance providers require a credit check?

While a credit check is optional, it can definitely help you get a cheaper home insurance rate. A good credit score can help demonstrate to providers that you’re reliable, which may reduce the level of risk they associate with insuring you. While all insurance companies underwrite risk differently, a good credit score can help reduce the price of your plan.

The benefit of using is that we only do one credit check per application, meaning that your credit score will remain unharmed. Homeowners who search for an insurance plan on their own will often have to submit to credit checks for each provider they get a quote from, which can actually lower their credit score. If you’re worried about your score, you can check it ahead of submitting a home insurance application using our credit score checker .

What does home insurance cover?

Generally, home insurance will cover the following expenses:

  • Your personal belongings (e.g., appliances, furniture, some electronics).
  • Additional living expenses (should you need to live somewhere else for a period of time).
  • Personal liability, should you be sued for an injury sustained on your property.

Generally speaking, home insurance will account for the following risks:

  • Fire.
  • Lightning.
  • Smoke damage (excluding fireplaces).
  • Theft.
  • Wind and hail.
  • Electrical current.
  • Explosion.
  • Vandalism.
  • Water damage.
  • Broken windows.
  • Falling objects (unless propelled by a landslide, avalanche, or earthquake).

What possessions does home insurance not cover?

Most house insurance policies don’t cover high-value items like jewelry, rare art, etc. You can, however, add individual items to your policy if you want them included in your home insurance coverage. You may need to buy additional coverage for items like these.

Should I select an actual cash value home insurance plan or a replacement cost plan?

When it comes to home insurance, most people opt for a replacement cost plan. This type of plan pays for the full replacement value of the items or repairs you claim. For example, if someone were to steal your TV, your house insurance provider would pay for a new one of similar make and quality.

An actual cash value (ACV) plan, however, reimburses you for the value of the items you claim at the time they were damaged. This type of plan accounts for depreciation. For example, if someone steals your 5-year-old TV, your home insurance provider would only pay what they deemed it to be worth at the time of the theft, but that valuation will likely be much less than what you paid for it.

This means that the amount of money you get from a successful claim generally won’t cover the cost of replacing damaged or stolen items.

The bottom line is, if your house sustains major damage or is subject to a serious theft, a replacement cost plan will allow you to replace everything you lost. This may not be the case with an ACV plan, which is why most Canadians prefer replacement cost plans even though they’re a little more expensive.

How much home insurance coverage do I need?

While the answer varies for everyone, the amount of home insurance coverage you take should reflect the value of your home and the contents inside it, so keep stock of what everything is worth. We think it’s best to play it safe and buy more coverage.

Home insurance providers use variables like square footage, structure type and your postal code to calculate your quote. It’s up to you to make sure your coverage matches the value of your home and your possessions.

How do I submit a home insurance claim?

Suggestion: "Submitting a claim is stressful — after all, your house has been damaged and needs repair. We hope you'll never need to submit a claim, but you need to be prepared for it. Your future self will thank you if you do a little prep work. To have a hassle-free experience, be properly prepared by taking a yearly inventory of your home’s upgrades and its contents.

Policyholders need to be judicious about filing claims and need to prove that they kept their home in a state of good repair prior to the incident.

When you do need to make a claim, make sure all your documents are organized and ready before you contact your insurer. Here’s what you’ll need:

  • A list of the items lost, damaged, or stolen.
  • Receipts for said items and any photographs or other supporting documentation.
  • Any relevant medical records or police reports if available.

What is a house insurance policy deductible?

A home insurance deductible refers to the amount of money you’re responsible for paying before your insurance company will cover the rest of your loss.

Your monthly home insurance premiums are directly related to how high or low you set your deductible. When you set your deductible, it’s important to consider the following:

  • Look at your monthly income. How much can you afford to pay in monthly insurance payments?
  • Look at your savings. How much can you afford to pay out of pocket if you do need to make a claim? While a high deductible might mean a cheaper house insurance premium, it may also be too high an amount for you to pay out of pocket if something happens .

Who are the best home insurance providers in Canada?

The insurer that’s right for you will depend on a variety of factors because insurance is such a personalized product. However, we’ve compiled customer satisfaction rates to give you an idea of where each company stands. Here’s how Canadians review their home insurance providers:

Ontario/Atlantic Region

Home insurance providerUser satisfaction rating
The Cooperators






RBC Insurance












The Personal












Economical Insurance






Johnson Insurance






Intact Insurance






Atlantic/Ontario Region Average






TD Insurance


















Desjardins General Insurance






Aviva Insurance






Western Region

Home insurance providerUser satisfaction rating






The Co-operators






TD Insurance






SGI Canada






Western Region Advantage






Intact Insurance












Aviva Insurance






Quebec Region

Home insurance providerUser satisfaction rating
The Personal






Industrial Alliance












La Capitale






Quebec Region Advantage












Desjardins General Insurance






Intact Insurance






TD Insurance






Aviva Insurance






Types of home insurance policies.

What type of house insurance policy is right for you? That depends on how much coverage you want. Compare quotes to find out what’s best for you.

Comprehensive Coverage

This policy offers the broadest range of home insurance coverage. With this option, your home and all its contents will be protected from all risks, with a few exceptions.

Optional risks: Risks that aren’t covered in normal policies, but that you can buy additional coverage for if you choose. Some examples of these include sewer backup and earthquake coverage.

Uninsurable peril: Risks you can’t insure because they could have been avoided with proper planning. For example, you can’t get coverage for flood damage if you built your house on a flood plain.

Basic coverage/named perils.

This type of home insurance isn’t as broad as comprehensive coverage. Basic plans only pay for the damages that are specifically outlined in your policy.

Broad coverage

This type of coverage isn’t as broad as comprehensive, but it’s not as narrow as basic. A mid-priced compromise, a broad policy provides comprehensive coverage on main items, like your home’s physical structure but only basic coverage for the contents inside.

No frills coverage

No frills policies are usually limited to properties that don’t meet normal standards, and are not offered by all insurance companies. These policies may be appropriate for homes purchased as fixer-uppers that need significant renovations or homes with serious structural problems. In this case, an insurance company may offer you a very limited no-frills policy.

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