Compare home insurance quotes and connect with a broker today
Looking for cheap home insurance in Ontario or Alberta? Compare quotes with us today to find your best rate. We'll connect you with one of our licensed RH Insurance brokers, so you can secure the coverage you need.
Great Rates & Better Service
Great rates and even better service. I've been buying insurance for years but never had a rep as responsive and efficient as Amith at RH. Very refreshing experience to have smart informed options at competitive prices delivered by a knowledgeable and friendly rep. Thank you
J. Masse
Google Reviews - February 2025
The Best Insurance Company
The best Insurance company I have ever encountered. Amith Patil, the best broker. Very professional, no sugar coating, straight to the point. He worked on my policy at no time at all. He is really good at what he does. Thank you, Amith Patil and thank you, RH Insurance. Thumbs up to you, Mr. Patil!
James
Google Review - February 2025
2 Thumbs Up 👍👍
Morgan responded very quickly to an online quote request, then just as quickly to write and bind the policy after my approval. Great customer service and highly recommended. Two thumbs up 👍👍
Robert
Google Reviews - February 2025
How to get an RH Insurance policy
Step 1: Contact our brokers
Call 1-888-616-1868 or book a call to speak with one of our licensed home insurance brokers.
Step 2: Share some info
Provide us with a few details and receive customized home insurance quotes from our top providers.
Step 3: Finalize your policy
Select your lowest home insurance rate and secure the property insurance coverage you need.
What you need to know about home insurance
Morgan Roberts, Director of Sales - RH Insurance
Home insurance – or homeowner's insurance – protects you financially from risks your house could potentially face, such as theft, flood, and fire. It can also cover you in the event you're held liable for property damage or bodily injury to a third party.
While home insurance isn’t required by law, it’s a good idea to protect one of your biggest investments with the right coverage. One small mistake can lead to a big loss, and you wouldn’t want to pay for expensive damages out-of-pocket.
If you’re purchasing a home with the help of a mortgage, most lenders will also require you to purchase a homeowner’s policy as a contractual stipulation. So here’s everything you need to know about your home insurance in Canada.
Types of home insurance coverages we offer
There are three main levels of homeowner’s coverage you can purchase, and the more coverage you choose, the more expensive your premium will be. Here’s a brief overview, so you can choose the best option for your needs.
Basic coverage
Broad coverage
Comprehensive coverage
How our home insurance policies cover you
Home insurance in isn’t limited to protecting the physical structure of your house. In fact, you may be able to make claims on your personal belongings, your legal expenses, and your living expenses – let’s take a look at the types of coverage on a standard home insurance policy.
Dwelling building
Contents
Liability
Additional living expenses
Home insurance endorsements we recommend
Aside from the standard coverage in a home insurance policy, insurance companies also offer optional add-ons (or endorsements), so you can further customize your policy to suit your specific needs. While each insurer may be different, here are a few common add-ons you can consider:
- Overland water insurance – This endorsement provides coverage for above-ground water damage to your home, including flooding bodies of water and melting snow.
- Sewer backup insurance – While an overland water add-on protects you against above-ground water damages, a sewer backup add-on can pay for damages from sewage overflow.
- Earthquake insurance – Most standard home policies don’t have earthquake included as an insured risk, so consider adding the endorsement if you live in a high-risk area.
- Identity theft insurance – If you’re ever a victim of identity fraud (e.g. your passport or credit card is stolen), this add-on can offset the costs you incur during the recovery process.
- Personal valuables insurance – While contents insurance protects your personal belongings, the limit on a standard policy might not be enough. So purchasing additional coverage for items such as jewellery and art can be a good idea.
What is the average home insurance cost in Ontario?
While the cost of your homeowner’s insurance is calculated based on many factors, the average price of home insurance in Ontario is about $1,500 for one year of coverage. To find the best rate you could be paying, compare home insurance quotes using our calculator today.
compare quotes nowHow you could save on home insurance
Bundle your policies
By selecting one insurer for your home and auto needs, you can receive a rate reduction for being a loyal customer.
Agree to a soft credit check
Good credit shows insurers you’ll be able to make your premium payments on time, resulting in a home insurance discount.
Install home safety systems
Most insurance companies offer discounts for monitored alarms – including systems for fire, theft, and water damage.
What factors affect your quote for home insurance?
Property type & home replacement cost
A two-story house will be more expensive to insure than a small condo unit because of the home replacement cost. Keep in mind that this isn’t the same as your property’s market value – it’s the amount of money that would go into rebuilding your home to its current state.
Credit score
A good credit score doesn’t just get you lower interest rates. It can also result in cheaper home insurance as it shows providers you’re more likely to make all your premium payments on time.
Location
Homes that are situated in locations more prone to risks, including theft, vandalism, falling objects, and flooding, will cost more to insure. On the other hand, if you live close to a fire hydrant or a fire department, you could see lower premiums.
Internal construction
Your property’s plumbing, heating, and electricity all have an impact on the cost of your homeowner’s insurance. That’s because the internal construction of your home has a direct impact on risks such as fire and water damage – so depending on the materials and build, you could see higher or lower premiums.
Roofing
Higher quality roofs, as well as newer roofs, come with lower home insurance premiums because you’re at less risk of damage from severe weather events.
Renovations
Expensive remodels can increase the cost of your home’s rebuild value, therefore increasing the cost of your insurance. On the other hand, if you install risk-prevention devices, such as a monitored alarm system or a sewer backwater valve, you may see cheaper home insurance premiums.
Pets
If you own a pet that is at risk of damaging your property or hurting someone else, your home insurance premium could become more expensive due to the increased likelihood of claim.
Business use
Home insurance policies typically won’t cover commercial claims, so if you operate a business from home, you may need to add home-based business insurance (or even a business insurance policy) for an extended cost.
Claims history
If you’ve made several claims in the past, insurers will see you as a high risk of making another claim in the future, therefore increasing the cost of your home insurance. So before making minor claims, make sure it’s worth the potential increase in your future premium.