Skip to main content
Ratehub logo
Ratehub logo

Compare St. John's home insurance quotes

In 5 minutes or less, compare St John's home insurance quotes from some of Canada's top providers for free.

How home insurance in St. John's works

House insurance in St. John's, Newfoundland isn't required by law, but your lender requires it, and it's just a good idea for peace of mind. So, whether you’re in a single-family house in Mount Cashel, a condominium in Cornwall Heights, an apartment in Mundy Pond, or a mansion in Waterford Bridge, there is home insurance coverage for you

There are 3 main types of home insurance - comprehensive, broad, and basic. The overwhelming choice for Montrealers is a comprehensive home insurance policy. Mainly due to the costs between the different policy types being minimal and some lenders will only offer a comprehensive policy. Plus a comprehensive policy provides you with the highest level of protection. Here’s a breakdown of the three different types of home insurance policies:

Coverage Description
Basic coverage

Also known as named perils, is the cheapest option, but will only cover the specific risks you choose. A peril is a certain risk that may damage your home or property. For instance, you may choose “Fire or Lightning” as a peril, to protect your home from fire or lightning, but if a thief robs your home, there would be no coverage

Broad coverage

Covers the physical structure of your home and contents for risks of direct physical loss or damage, but there are some exclusions. It only insures your contents for specifically named perils or risks such as a flood. 

Comprehensive coverage

The most inclusive policy covering the building and its contents from all risks, except for some optional coverages such as sewer back-up, earthquakes, or overland water. More detail below. 

Your lowest St. John's home insurance quote is just minutes away

  • Step 1: Share some information

    Tell us a little about yourself and your house insurance needs

  • Step 2: Compare the rates

    We instantly show you dozens of quotes side-by-side from the best home insurance companies in St. John's

  • Step 3: Save money

    Choose your quote and secure your new rate online or via one of our licensed agents

Factors impacting your St. John's home insurance premiums

Many factors go into calculating your St. John's home insurance quotes. Details like your home's age, the likelihood of flood, or theft based on your location, and other basic construction details allow a St. John's home insurance broker or an agent to properly assess risks and determine the probability of something going wrong. The more risks with your property, the higher your St. John's home insurance rates will be. Below are the key 11 factors home insurance companies look at before providing a quote. 

Property type

Credit score

Replacement cost


Internal construction


Renovations & betterments

Past claims history


Special use

Pool and other accessory dwellings

How much is home insurance in St. John's?

St. John's homeowners pay an average of $800 per year, about $70 per month, depending on many factors. To see if you could be paying less, why not spend 5 minutes and get a free quote?

get started

Types of St. John's home insurance coverage

Whether you own or rent, live in a house or a condo - there is home insurance coverage for you, but there are some differences. A homeowner needs to protect their home, including mechanical assets and structures. A condo owner needs to protect their unit and its contents. Tenant's insurance covers a renter's personal belongings and expenses to live elsewhere following a claim—all types of home insurance cover liability. Let's look into it in more detail.

Dwelling building

Coverage for damages caused by perils such as fire or lightning, depending on your chosen policy. It covers your dwelling (home) and any attached structures, such as a garage or sun deck. It also includes coverage for swimming pools and permanently installed outdoor equipment, like a children's playset.

  • Coverage amount: Replacement cost of your home
  • Included: Yes

Detached private structure(s)

Coverage for damages caused by perils such as windstorms or hail for any privately detached structures you have on your insured premises; such as a tool shed, detached garage, or pool house.

  • Coverage amount: 10% - 20% of replacement cost
  • Included: Yes

Personal property

Your personal property or contents are covered including appliances, furniture, clothing, and electronics. Jewellery, artwork, or other specialty items may require extra coverage, so inform your insurer. 

  • Coverage amount: 70% - 80% of replacement cost, varies depending on depreciation. 
  • Included: Yes

Additional living expenses

Will provide you with the means to cover the costs of living away from your home for a period of time due to an insured loss (i.e. a loss caused by an insured peril such as flood or fire).

  • Coverage amount: 20% - 30% of replacement cost
  • Included: Yes


How to get cheap St. John's home insurance quotes

  1. Shop around and compare

    We take the work out of monotonous phone calls and visits to many different brokerages repeating the same information over and over. By entering your information, we can give you several home insurance quotes from Canada’s top home insurance providers in minutes.

  2. Bundle policies

    St. John's insurance companies often give a 20-25% discount to consumers who get both their home and auto insurance from them.

  3. Monitored alarm systems

    If you have a centrally monitored alarm system installed, you could receive a 5-10% discount on house insurance in St. John's This typically does not include your own cameras and motion sensor lighting. To get the discount, you must have a central station that protects your home.

  4. Increase your deductible

    Increasing your St. John's home insurance deductible from a standard $500 to $1,000 or $2,000 will bring down your premiums. Just make sure you can afford the higher deductible should you need to make a claim.

  5. Renovations

    Upgrading known risks like knob & tube to copper wiring or plumbing from iron and steel to plastic and copper you could see a reduction in your premiums. However, if you build an addition or add expensive finishes you’ll likely pay more

  6. Ask about discounts

    A new job may mean union membership, group discounts, or corporate discounts. A retiree may also save on home insurance. A yearly review is recommended to see and ask what discounts may apply to you as things change.

  7. Stay with your home insurer (loyalty)

    The longer you stay loyal to your home insurance provider, the more they’ll reward you with discounts, especially if you remain claims free.

  8. Improve your credit score

    If your insurer monitors your credit score, be sure to pay your bills on time. Subscribe to a credit monitoring service and take some time to learn how to get the best credit score possible.

A few things we're proud of

  • 1,200,000

    monthly users

  • 11 years


  • Over 1M

    better choices made

  • Trusted partner

    to Canada’s top financial institutions

Frequently asked questions about home insurance in St. John's, Newfoundland

What is the average home insurance cost in St. John's?

How do I get the best home insurance in St. John's, NL?

What are the best home insurance companies in St. John's?

What is not covered by a typical home insurance plan?

Can you cancel home insurance?

What factors aren't used to calculate St. John's home insurance rates?

What is a home insurance peril?

How do home insurance claims work?

What is a home insurance deductible?

Matt Hands, Business Director of Insurance

With 6+ years of experience at, Matt’s focus has been on growing its newest business unit, Insurance. He is a thought leader and a valuable resource to respected publications across Canada. read full bio

Learn more about insurance

read more articles

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.


Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place. has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us