What does home insurance cover?

Home insurance typically covers damage to your home and personal property from events such as fire, theft, and certain natural disasters. It may also provide liability coverage if someone is injured on your property.

Is home insurance required by law in Ontario?

No, Ontario law does not require home insurance, but it is highly recommended as it can provide financial protection for your home and personal property.

How much does home insurance cost in Ontario?

The cost of home insurance can vary depending on several factors such as the value of your home and personal property, the level of coverage you choose, and your location. Shopping around and comparing policies is advisable to find one that best meets your needs and budget.

How can I save premiums on my home insurance?

There are a few ways to save money on your home insurance, such as increasing your deductible, bundling your home and auto insurance with the same company, and taking steps to make your home more secure.


What is not covered by home insurance?

Home insurance typically does not cover damage from floods, earthquakes, or routine wear and tear. Additionally, damage caused by pests, such as termites, may not be covered. Reviewing your policy and understanding what is and isn't covered is important.