Best home insurance companies in Ontario for 2025

Looking to save money in 2025? Choosing the right home insurance company can help you cut costs while ensuring you get the protection you need in the face of disaster.

With so many different providers in Ontario, choosing the best home insurance carrier can be challenging. To make it easier, we’ve reviewed some of the most popular insurance carriers we work with.

We’ve compared some of the home insurance providers we work with based on Google reviews, company size, product offerings, and more:

Many factors go into choosing a home insurance carrier, including its reputation, claims handling, and whether its policies meet your needs. Each of these can significantly impact your experience with that provider.

The price of home insurance varies depending on a lot of things, including the provider you choose. This is why it’s so important to shop around.

Our team of insurance brokers at Mitch make this process quick and easy to do, and can provide advice on which policy is right for you.

We’ll show you how it works. We’ve taken six property profiles and pulled quotes for them from several of our insurers to demonstrate pricing differences.

*Methodology: All policies were quoted with broad form coverage and guaranteed replacement cost and included sewer backup, overland water, and ground water coverage. We did not include discounts for credit scores (policyholders with good credit scores may have their rates reduced by 10% to 25%).

As you can see, each property got a very different rate with a different company – but not one provider was the best option for every property. Portage may have given Property D an excellent rate, but CAA had the lowest price for Property B. Had Property B gone with Portage, they may never have known their best price was with CAA.

Property D also had some of the lowest quoted rates (especially as it had the lowest rebuild value) but Aviva quoted it at over $8,000. This could be for many reasons – the home’s age, its location in Wallaceburg, etc.

Aviva had some of the highest rates for most properties, but this was also because Aviva offered the most comprehensive package with higher limits and enhanced options for each endorsement. Despite its higher price tag, Aviva might be an ideal option for someone who’s looking for more comprehensive coverage and greater peace-of-mind in exchange for greater premiums.

Every home insurer offers different coverages. Working with a broker can help you find the carrier that offers the policy best suited to your needs.

Each company has something different to offer based on its unique underwriting philosophy, risk appetite, or the demographic it’s targeting. The table below shows how a few different companies compare when it comes to specific offerings, coverage forms, and endorsements:

In insurance, there are standard and non-standard homes. Not all insurance companies will cover non-standard homes.

A standard home fits the bill of your conventional, traditional house. It’s not unique in its construction (architectural style, materials used, custom design, etc.), is under 100-years-old, and occupied year-round. A non-standard home, on the other hand, may be any of the following:

A standard home can typically be insured by most providers, but few will provide coverage for a non-standard home. For non-standard homeowners, insurance can be more challenging to find and more expensive.

Your broker will ask a lot of questions about the usage of your property. This is to ensure that they can match you with the right insurance company for your needs.

They may ask:

Choosing the best home insurance company is about more than just price. Yes, budget is important, but you’ll also want to be sure your policy is there to cover you in case of the unexpected.

Here are our recommendations for evaluating the quality of an Ontario home insurance provider:

Google reviews are notoriously negative and aren’t always a solid representation of an insurer, but they can be used to indicate trends. Keep an eye out if you see a company receiving lots of reviews for any of the following: bad at answering the phone, poor claims support, etc.

Larger companies may have more resources to handle claims faster during major disasters, but they may not be as good at answering the phone for basic inquiries and policy modifications.

On the other hand, small companies can offer more personalized customer service due to fewer clients, but in the event of a large disaster they may need to outsource claims service which can slow down the process of getting your settlement.

It’s easy to choose an insurance company based on price, but with more catastrophic losses happening, it’s important to focus on the quality of coverage. Working with an insurance broker ensures you find a company that:

Shopping for insurance on your own can be time-consuming, overwhelming, and there’s no guarantee you’ll find the best option. This is where Mitch comes in.

Mitch works with many of the best home insurance companies in Ontario, including those that don’t sell directly to consumers. We don’t just secure great coverage – we advocate for you during claims and serve as your go-to for all things insurance. Call us today to get started!