Is home insurance mandatory ontario?

No, home insurance is not required by law in Ontario. If you have a mortgage on your home, your lender may require you to maintain home insurance to protect themselves against loss. If you don’t have home insurance and your home is damaged by an event you will have to pay for all repairs yourself.

Alberta Home Insurance - Request Quote | Mitch Insurance Brokers

Q: Do home insurers require a credit check?

Insurance companies have found that customers with good credit scores make fewer claims than customers without good credit scores. As such, most insurance companies offer discounts to people with good credit scores, as they expect to pay out less in claims if you have good credit. Allowing the insurance company to do a soft view of your credit score offers you the opportunity to be rewarded for having a good credit score and paying less for your home insurance.

Q: Does my home insurance cover any kind of water damage?

Your home insurance policy will list the water coverages that are available. Not all home insurance policies are created equal, so it’s important to compare based on coverage as well as price. Be sure to ask your broker about what water coverage is included in your policy so you will know what you have coverage for. Our brokers will be happy to discuss what coverages you would like to have included in your policy and find you a policy that includes those coverages.

Q: Do I need home insurance if I'm renting?

If you are renting a home or an apartment, your landlord will be responsible for maintaining the building, and you will be responsible for your own personal belongings. Purchasing a tenants policy provides you with liability coverage as well as coverage for your personal belongings, up to your policy limit. The price of your tenants policy will be influenced by a few factors, such as your claims history, your postal code, and the total value of the contents you would like to insure.

Q: How can I save on home insurance?

The best way to save on your home insurance is to have a Mitchell & Whale insurance broker shop for you. We work with over 40 different insurance companies, so we can find an insurance policy for virtually any person. After we have found you a great rate you can help us keep your rates low by being claims free, having a good credit score, and keeping your home up to date.

Q: Which home insurance companies are the best?

As we mentioned above, every company offers a variation of a similar product, with minor differences in what is covered. For the most part, the coverages and exclusions are somewhat similar, and for the average homeowner, the differences are often nominal. The way that claims are handled by each insurer is also quite similar, as the same principles are practiced across the industry. There are however limits and endorsements within a policy that differ from one company to the next. These differences might make a company more appealing if these limits pertain to your specific needs. For instance, all insurance policies carry a limit for things such as bikes, cash, jewellery and furs. A jewelry limit can range from $4,000 with some companies, to $10,000 with another. If you have a large quantity of jewelry items, or a few valuable pieces, this limit may be a point of interest for you to discuss with your broker. Different companies also offer varying endorsements. Home Equipment Breakdown, Cyber Risk, Service Line, and Groundwater are examples of coverages that are not available at every insurance company in the province. Your broker can help you determine if these coverages are available and right for you and your home.

Q: Are home insurance premiums taxable?

There is an 8% provincial sales tax on homeowners insurance in Ontario.

Q: Who sells the cheapest home insurance?

As a broker, we work with 40+ insurance partners and can certainly attest that rates differ greatly from one company to the next, just as they do from one home to another. There is no one company that offers the lowest rates across the board. A broker is essential in helping you to find the coverages, limits and endorsements that best suit you and your home. In doing so, we ensure that you are shopping at all the best companies and for comparable coverages. This way you can ensure you are getting not only the best rate, but the best coverage!

We shop, you save. Awesome home insurance, no matter where you live.

Let our insurance experts shop for you and find your best price for great coverage. It doesn’t matter if you own or rent, we’re happy to help you protect the place you call home.

Recent auto insurance quote from ANCASTER, ONTARIO

Female, Age 45
2015 CHEVROLET EQUINOX LS 4DR AWD
June 25, 2023

Cheapest Quote

$88/mo

Average Quote

$250/mo

Savings

$88/mo or 60.5%

Recent auto insurance quote from ANCASTER, ONTARIO

Male, Age 45
2015 CHEVROLET EQUINOX LS 4DR AWD
June 25, 2023

Cheapest Quote

$88/mo

Average Quote

$250/mo

Savings

$88/mo or 60.5%

Recent auto insurance quote from ANCASTER, ONTARIO

Male, Age 45
2015 CHEVROLET EQUINOX LS 4DR AWD
June 25, 2023

Cheapest Quote

$88/mo

Average Quote

$250/mo

Savings

$88/mo or 60.5%

What’s covered by home insurance in Alberta?

The buildings

Coverage for your home and other structures like a detached garage, storage shed or pool house.

More about dwelling coverage

Your belongings

Coverage for the contents of your home like your furniture, electronics, clothing and other possessions.

More about contents coverage

Liability

Protects you if someone is injured while visiting your property, or if their stuff is damaged.

More about personal liability coverage

Living expenses

Coverage for hotel, food and storage if you can’t stay in your home because of damage or a natural disaster.

More about additional living expenses coverage

Medical expenses

Covers minor injuries to third parties that you may be responsible for, without needing to go to court.

More about voluntary medical payment coverage

Minor property damage

Covers minor damage to someone else’s property that you may be responsible for, without needing to go to court.

More about voluntary property damage coverage

Learn more about what’s covered by home insurance in Ontario here.

				Baylea Laushway			

							Tony Sousa was wonderful at getting me my home insurance quote and answering all my questions. Being a first time home buyer and figuring everything out he made things a lot easier.							
 
				Ted Kazanowski			

							I phoned Mitch Insurance Brokers for a home and cottage insurance quote. I was pleasantly surprised by the professionalism that Meghan Spencer exhibited during our conversation. Her interpersonal and client skills were exceptional. Meghan’s knowledge of my insurance needs were excellent. She took the time and patience to find the most suitable policies that catered to my personal insurance. I would highly recommend Mitch Insurance Brokers for any home insurance quotes.							
 
				Katrina Molloy			

							I had a great experience securing my home insurance with Katie Young. I had a really fast closing so everything was very time sensitive. She was super fast and helpful with getting my policy written and answering messages. Highly recommend Katie!							
 
				Sam Zawawi			

							I contacted Mitch today Brandon a great gentleman quoted me for home insurance policy the response was quick the insurance rate was amazing I was with Aviva for 11 years but this is the worse company in the planet they will drop you if you submit a claim very nasty with no loyalty I would give them -5 if I can WAY TO GO MITCH							
 
				COLCO Ottawa			

							If you’re looking for home or auto insurance Don’t look anymore just call Becky Brunett at Mitch Insurance, quality care and service with excellent experience and knowledgeable advice, the deals even get better with their bundle discount thanks Becky for your wonderful service Ghida A.							
 
				Hamid N			

							These guys are great. Turn around time is less than 15 minutes. I was in need of home insurance for my closing and Tony was great in helping me out within 1 hour. The next day I called and Tony was off so Erin was so helpful and changed my policy multiple time as it was requested by my lawyer. Thank you so much Tony and Erin for helping me out quickly and efficiently. You guys are rockstars.							
 
				D			

							We reside in rural Ontario and we heat our home with an oil furnace and a woodstove and getting home insurance was practically impossible as we searched for a suitable policy for weeks without success then I contacted Becky from Mitch insurance and she was extremely efficient and found us a policy within days which was a huge relief. If you live in the country and heat your home with oil or propane and a woodstove and the closest fire hydrant  and firehall is far away please do yourself a favor and contact Becky and she will definitely be able to help you. Becky's service was outstanding 👏 and we are so glad that we found her as no other broker could help us Keep up the good work!! Nathalie & David							
 
				Troy H			

							Ryan did a great job securing the best price and coverage for our home insurance policy. We shopped 7 different outfits and found Mitch Insurance was our best option. Quick, easy and painless experience. Thank you Ryan							
 
				Tina Severin			

							Ryan was great getting me a home quote for insurance. Talking me through the process of providing forms, emails, and taking pics!  Iam now saving 159.00 from leaving my last provider.   Thank you Ryan , your top notch, highly recommended *****5Star Best Regards, Tina

Bundle your insurance and save

Let your Mitch advisor do the comparison shopping for your home, condo, apartment, cottage or any other property you want to insure. They’ll point out stuff like if you combine your home and auto coverage, you can save up to $600.

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We’re an outlet for over 70 of Canada’s best insurance companies. Here’s a few of them.

Good to know: Common questions about home insurance

How home insurance rates in Ontario are calculated and other interesting questions answered.

How much is home insurance in Ontario?

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Alberta home insurance

We shop, you save. Awesome home insurance, no matter where you live.

Recent auto insurance quote from ANCASTER, ONTARIO

Cheapest Quote

Average Quote

Savings

Recent auto insurance quote from ANCASTER, ONTARIO

Cheapest Quote

Average Quote

Savings

Recent auto insurance quote from ANCASTER, ONTARIO

Cheapest Quote

Average Quote

Savings

What’s covered by home insurance in Alberta?

The buildings

Your belongings

Liability

Living expenses

Medical expenses

Minor property damage

Bundle your insurance and save

We’ve partnered with Rocket Mortgage to make your mortgage shopping easier

We’re an outlet for over 70 of Canada’s best insurance companies. Here’s a few of them.

Good to know: Common questions about home insurance

How much is home insurance in Ontario?

What factors affect the cost of home insurance in Ontario?

Is home insurance mandatory in Ontario?

Do home insurers require a credit check?

Does my home insurance cover any kind of water damage?

Do I need home insurance if I’m renting?

How can I save on home insurance?

Which home insurance companies are the best?

Are home insurance premiums taxable?

Who sells the cheapest home insurance?

Find more coverage in Alberta

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