How to find affordable home insurance Jul 11th

How to go about securing the best policy for your insurance in Canada.
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Affordable home insurance: Does it even exist? According to Ratehub.ca, an aggregator website, the average Canadian household pays $960 per year, or $80 per month, for home insurance. That’s a lot of money when you consider all the other costs that come with owning and maintaining a home. 

It isn’t getting any less expensive, either. Between 2011 and 2021, home insurance premiums grew at a pace that exceeded the rate of inflation, according to data from Ratesdotca In Alberta, the cost jumped 140% over that ten-year span, while in Ontario, it grew by 64%. 

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Suffice it to say, you’re not the only person interested in keeping your home insurance premiums as low as possible. But don’t forget: Home insurance covers your home and personal possessions from damage or loss, and it protects you from liability if someone is injured on your property…

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