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Types of home insurance

Select the type of home insurance coverage you are looking for and compare personalized quotes from Canada's top providers, for free.

Types of home insurance

Home insurance in Canada comes in many forms. 

To begin, there are 3 types of home insurance coverage and they are:

  • Comprehensive - The choice for most Canadians that protects the building and its contents from all risks.
  • Broad coverage - Covers the structure and contents for direct physical loss, but there are some exclusions like only covering your valuables against specific risks or perils.
  • Basic coverage - Otherwise known as named perils, where it only covers you for what you've named as a risk. So, you can name lightning, but if a burglar robs you and you haven't named it, there's no insurance.

Of course, the type of homeowner you are is another factor, they include the following: 

Within each of those policies, there are different types of home insurance coverage depending on several factors including the location of the property and its propensity for earthquakes, floods, or theft.  

Whatever type of home insurance policy you get, we'll help walk you through each with tips and tricks so you can select the best coverage to suit your needs. 

Home Insurance Quotes

How to compare home insurance quotes on Ratehub.ca

  • Step 1: Share some information

    Tell us a little about yourself and your coverage needs

  • Step 2: Compare quotes

    We instantly show you dozens of quotes side-by-side from top providers

  • Step 3: Save money

    Choose your quote and secure your insurance rate online, or via one of our licensed brokers

What are the different types of home insurance?

Click to learn more about each type of home insurance available in Canada.

Homeowner insurance

Condo insurance

Tenant insurance

Rental property insurance

Vacation property insurance

Are you getting the best price for your home insurance?

Compare quotes for either homeowner, condo or tenant insurance from Canada's top providers, for free.

find out now

Optional types of home insurance in Canada

Flood insurance

Earthquake insurance

Contents insurance

Identity theft

Home-sharing

Author Bio

Matt Hands, Business Director of Insurance

Matt started his professional career at CARPROOF where he honed his marketing and analytical skills for over 3 years. Matt then took his wealth of experience to Ratehub.ca’s Toronto offices, working with insurance providers, agents, and brokers to grow and expand the Insurance business unit. He is a thought leader in the community and a valuable insurance resource to respected publications like the Globe & Mail, Toronto Star, Huffington Post, Yahoo News, and 680 news radio in Toronto.

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