Mitch mascot

Home insurance for every kind of home in Ontario

Whether you live in a Georgian Colonial, Cape Cod, French Provincial, Mid-Century Modern or another kind of home, we’ve got you covered from shingles to weeping tiles and everything in between. With homeowners insurance, you can be covered for damage to your home from fire, flood and more. All your belongings, furniture and more can be covered too. Talk to one of our home insurance experts for a no-obligation quote and free advice. 1-800-731-2228

Door knocker
Air freshener
Mitch mascot

Save on home insurance with bundle discounts

Combine your home and auto coverage to save up to $600 on insurance. As an outlet for over 70 of Canada’s top insurance companies, we have access to some of the best coverage and rates in Ontario. You’ll never have to shop and compare again, we’ll do the work for you. Call us for a quote today. 1-800-731-2228

Rocket Mortgage logo

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

One of North America’s largest online mortgage lenders, Rocket Mortgage helps millions achieve the dream of home ownership. No hidden fees and incredibly low rates provided upfront. Get started with just a few simple questions.

Stream near cottage
Home thermostat

Good to know: What does homeowners insurance cover?

In Ontario, homeowners insurance protects your home, the stuff inside it, as well accidents and injuries on your property. Here’s a closer look at what’s included with basic coverage:

building icon

Building damage

There’s coverage for your foundation, walls, roof and basically the entire house structure from damage caused by fire, flood, storms, vandalism and more.

shed icon

Shed and other damage

Any structure on your property not connected to your home like a detached garage, shed or gazebo can be covered for fire, flood and other damage, similar to your home.

kitchen-tools icon

Stuff inside your home

All the stuff inside your home including your personal belongings like electronics, furniture, clothing and other valuables can be covered.

cost icon

Living expenses

Expenses like alternate accommodations can be covered if you have to temporarily live somewhere else after a claim because of damage or repairs to your home.

umbrella icon


If someone is accidentally hurt on your property or their stuff is damaged, not to worry, your liability insurance covers their injuries and their property.

bill icon

Injury to others

If there’s an accident at your home, your insurance can pay for the victim’s extra expenses like ambulance, hospital, physio, even if you’re not found liable.

How much is homeowners insurance and other good things to know

What you paid for your home, and how much it would cost to rebuild it after something like a fire, are different in terms of price and value. What someone is willing to pay for a home drives the selling price and value, whereas the cost of materials, labor and compliance with building regulations impacts the price to rebuild your home after a claim. Your insurance coverage is based on how much it would cost to rebuild your home, not how much your home would sell for.

Most banks and financial institutions prefer that your home is covered by a comprehensive homeowners policy. This coverage protects your home against all kinds of loss or damage. While a comprehensive homeowners policy doesn’t cover every possible type of loss, it certainly covers most. It’s also common for banks to ask if you have Guaranteed Replacement Cost coverage. This inexpensive, optional coverage will pay out whatever amount is required to completely rebuild after a major claim – regardless if the cost is higher than the limit shown on your policy documents. Guaranteed Replacement Cost also includes costs for removing debris from your existing home. This is a great coverage to have, as the cost of removing wreckage and constructing a new home from scratch can often be difficult to estimate given the number of variables. Guaranteed Replacement Cost gives you and your bank total peace of mind.

We can help you determine if this endorsement is available for your home.

Unlike auto insurance, home insurance is not a mandatory coverage in Ontario. On the other hand, it’s usually required for a mortgage. Before a bank or financial institution lends you money to buy a home, they’ll want to make sure that your mutual investment is protected through a homeowners insurance policy.

When a mortgage is paid off, insurance is no longer needed from the bank’s point of view. But even if you’re mortgage-free, you’ll probably still want homeowners insurance to protect one of the largest financial investments of your life.

Depending on the specifics of your home’s construction and the area of Ontario that you live in, the cost of insurance can vary greatly. While most Canadians pay between $1,000-$2,500 a year, some policies can be much more. This amount differs from home to home.