Canada best home insurances in May 2024

Gain peace of mind for your home

Apartment or Condo
  • Apartment or Condo
  • Basement Suite of a House
  • Detached House
  • Semi-detached(Duplex)
  • Town House
  • Other
I own the Home
  • I own the Home
  • I rent the Home
  • I live in a Co-op
Just Me
  • Just Me
  • Me and My Family
  • Me and My Tenants
  • My Tenants
  • AB
  • BC
  • MB
  • NB
  • NL
  • NS
  • NT
  • NU
  • ON
  • PE
  • QC
  • SK
  • YT
4 Results

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Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

#1 Choice
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Square One

From $12
Per Month
Satisfaction Rating
  • Covers home, condo, and tenant
  • 24/7 emergency claims service
  • Buy directly online or offline
Pros & Cons
Extra Details
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From $14
Per Month
Satisfaction Rating
  • Owner’s and rental insurance
  • Rated 4.9/5 stars by customers
  • Helped 84,857+ Canadians last year
Pros & Cons
Extra Details
Best Value
From $12
Per Month
Satisfaction Rating
  • Get homeowner or rental cover
  • 100% online process
  • Protects against fire, crime, etc.
Pros & Cons
Extra Details
From $12.45
Per Month
Satisfaction Rating
  • Only available in ON & QC
  • Get your insurance in minutes
  • Easy, manageable payments
Pros & Cons
Extra Details

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FAQs about
Home Insurance

Have a different question? Contact us today.

How much does home insurance in Canada cost?

In Canada, the average annual cost of home insurance $960. The type of home you live in, whether you rent or own, and many other factors can change this figure. Comparewise takes this into account when getting you the best home insurance deal.

How does home insurance work in Canada?

In Canada home insurance covers your home (the building), its contents (your stuff that's inside the home), and your personal liability. A comprehensive home insurance policy will cover all three.

What does home insurance cover?

Home insurance covers unexpected events or accidents such as fire, windstorms, and break-ins. Many insurance providers offer additional add-ons you can bundle with your policy for specific concerns.

Are you required to have home insurance?

Home insurance isn't required by law, but it's a wise choice to protect your home with both with a comprehensive home insurance policy. If you are renting or currently have a mortgage, your landlord or mortgage lender may require you to have home insurance.

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home insurance

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