Home, condo, and tenant insurance, dwelling, contents, liability, and the endorsements that matter (water damage, sewer backup, jewellery, home business). Compared across carriers.
Detached, semi, or town. Covers dwelling (the structure), detached structures (shed, garage), contents, additional living expenses, and personal liability. Replacement cost endorsement strongly recommended.
Cover for unit improvements, contents, loss assessments (condo corp claims), and personal liability. Building structure is covered by the condo corporation's master policy.
Cover for contents and personal liability inside your rental. Your landlord's policy doesn't protect you. Often required by lease. Typically $200–$400/year.
The structure. Set the limit at full replacement cost, not market value. A $1.2M Toronto home might cost $800K to rebuild; that's the dwelling limit.
Personal belongings. Default is typically 50–70% of dwelling limit. High-value items (jewellery, art, instruments, bikes) need scheduled endorsements above per-category limits.
Pays if you're sued for bodily injury or property damage you caused. Recommended $2M minimum, the premium difference from $1M is trivial.
NOT covered by default, sold as a separate endorsement. Critical in basement-prone areas. Climate change has made this a routine claim, buy it.
NOT covered by default, sold as a separate endorsement. Cheap ($60–$200/year) relative to the claim ($25K–$80K typical basement-flood claim).
Excluded by default. Recommended in BC (Vancouver, Victoria) and Quebec (Charlevoix region). Often a high deductible (10% of dwelling).
Default contents limit per category is typically $4,000–$10,000. Engagement rings, instruments, art collections need scheduling, appraisal required.
Default policies exclude business-related claims. A home-business endorsement covers business equipment, business liability, and the home office. Required if you see clients at home.
Cover for buried pipes (water, sewer, gas, electrical) and major appliance/HVAC failure. Newer endorsement; affordable and worth it for older homes.
| Profile | Standard coverage | With water + sewer endorsements |
|---|---|---|
| $800K detached in GTA suburb, no claims | $1,250–$1,750 | $1,485–$2,050 |
| $1.5M home in downtown Toronto, no claims | $2,150–$3,250 | $2,485–$3,750 |
| $650K condo unit in Mississauga | $385–$585 | $485–$685 |
| 2-bedroom rental, Toronto | $245–$385/yr | $285–$425/yr |
Sample ranges. Real premiums vary materially with claims history, building age, roof age, plumbing age, electrical type (no knob-and-tube), proximity to fire halls, distance from fire hydrants, and carrier underwriting.
We surface coverage gaps and endorsement options most quote tools hide, and apply the multi-line discount if you also insure auto with us.