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Compare home insurance quotes and connect with a broker today

Looking for cheap home insurance? Find your best rate and speak to a licensed RH Insurance broker today, so you can secure the coverage you need.

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Why you should speak with one of our home insurance brokers

Home insurance can get complicated quickly – with limits, endorsements, and exclusions to understand, it can be an overwhelming process to ensure you have the right coverage in place. Our home insurance brokers take the time to learn all your property’s needs to recommend the best coverage options for your situation. Purchasing your policy through a licensed broker can give you confidence, ensuring your best interests are represented during the entire insurance process.

  • Quick & Easy


    I got my first insurance from RH insurance! The process was super smooth and really quick! Amith was a great help throughout the process! He also got me the cheapest possible plan! Highly recommended!

    Kate

    Google Reviews - August 2022

  • First Time Insurance Buyer


    Amith Patil was assisting and suggesting me for the insurance, as I was a 1st time insurance buyer in Canada he was very much helpful and got me a better deal compared to other insurance online. Process was very smooth and quick too.

    Kishan

    Google Review - August 2022

  • Super Human Service


    Morgan Roberts: Super human being providing service that can only be dreamed off. She did my home insurance super fast and gave me all the correct legal documents to ensure I have no hiccups with the lawyer. When my lawyer had hiccups, she dropped everything to make all the new changes lawyer requested last minute. What an amazing person. She deserves a promotion and a huge raise. This is the type of people who should be running the company.

    Waqas

    Google Reviews - June 2022

Home insurance process

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

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.

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How 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?

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.

Let's see if we can find you the cheapest home insurance rate.

We’ve got you covered – in just a few minutes, you can view multiple Ontario home insurance quotes from top providers and select your lowest rate.