Ontario Home Insurance

Let Us Do the Shopping for Your Home insurance

Buying a home is a significant investment, and protecting your investment with the right insurance means peace of mind. Let our insurance experts shop 40 companies to put together a home insurance policy that will make sure you’re covered should the unexpected occur.

Unlike auto insurance, home insurance is not required by law in Ontario. However, in order to finance your home, most banks and mortgage brokers do require that you have home insurance in order to qualify for a loan.

Ontario Home Insurance – What’s Covered?

1. Building: (Homeowners only) Available in All Risk coverage (insured for everything unless it’s specifically excluded from your policy) and Named-Perils coverage (specific perils covered by your policy). *The majority of home insurance policies contain All Risk coverage for your building.
2. Detached Private Structures: (Homeowners only) Coverage for structures that are on your property but are not connected to your home (ex: detached garage, shed).
3. Contents: Insures your belongings inside the home, available in All Risk and Named-Perils coverage.
4. Additional Living Expenses: Pays for your living expenses should you have to temporarily live away from your home due to an insured loss.
5. Personal Liability: Protects you from having to pay damages to people if you are responsible for unintentionally hurting them or their property (covers you anywhere in the world).
6. Voluntary Payments for Medical Expenses: Covers minor medical costs if someone hurts themselves on your property, whether you’re liable or not. Helps avoid hassles associated with lengthy liability claims.
7. Voluntary Payments for Damage to Property: Covers minor physical damage to the property of others, whether you’re liable or not. Helps avoid hassles associated with lengthy liability claims.