Finding the best home insurance in Quebec can be simple and easy. Before you start shopping, though, check out these frequently asked questions to guide you in your search.
How can I get the best home insurance in Quebec?
To get the best home insurance means you have sufficient coverage to lower your risks. Comprehensive or all-risks insurance has broad protection but you can also add a few things to your policy such as:
· Earthquake insurance
· Flood insurance
· Sewer backup
· Increased limits for expensive items like jewelry, antiques, or artwork
These are generally not covered by your policy but you can pay extra to get coverage.
Is home insurance mandatory in Quebec Province?
No, it is not mandatory to get home insurance in Quebec. However, if you have a mortgage, you will be required by your lender to get it.
What are the best home insurance companies in Quebec?
There are many reputable insurance companies offering home insurance in Quebec namely Desjardins, Intact, TD, etc. The best way to choose your insurance company is to compare their products and prices using our short online form.
You can also get more information from our list of Top 20 home insurance companies in Quebec.
What risks are generally excluded from a standard home insurance policy?
Damage due to wear and tear, damage due to negligence, and caused by natural disasters such as earthquakes or landslides are not covered. Also not included are sewer back-up, pest infestation, and home businesses.
How do you make a claim from a home insurance policy?
If you suffer loss or damage, contact your insurance company as soon as possible. Check your policy for what you are entitled to and make a detailed list of what has been lost or damaged.
A claims adjuster will contact you and request you to submit a loss form. You should also ask about entitlement to living expenses (if you need to stay at a temporary lodging) and if you can use your own contractor if doing a repair or replacement.
Usually, you pay for the cost and get reimbursed by your home insurance company, minus your deductible.
What are home insurance deductibles?
A deductible is a portion you must pay if you file a claim. Let’s say your loss amounted to $5,000. If your deductible is $1,000, your insurer will only reimburse you $4,000.
The higher the deductible, the lower your insurance premium so consider the amount of your deductible carefully when buying a home insurance policy.
Is condo insurance the same as home insurance?
If you live and own a condo, you need condo insurance and it costs much less than a standard home insurance policy.
Condo owners pay condo fees and this takes care of the building insurance. Condo insurance pays for the loss or damage of the contents of your unit and any upgrades you make to your unit. It also pays for damage you cause to someone else’s unit or if a visitor gets injured inside your unit.
How can I save on home insurance?
There are a few simple tricks to lower your home insurance premiums. You should start by comparing multiple quotes from insurance brokers in our network. Increase your deductible but be sure you can afford it, for example, from $500 to $1,000 or $2,000. You can also install a monitored home security system and bundle your home and life insurance under one insurance company.
Where do I buy home insurance?
There are several sources of home insurance. You can buy from an insurance agent or get from direct insurers online. But why settle when you can compare multiple insurers to get the best home insurance coverage?
Our network consists of hundreds of insurance brokers who work with the best home insurance companies in Quebec. They can shop around for the best policy and premiums on your behalf. They evaluate your needs and find the right coverage that suits your needs and budget so your investment is protected.
Brokers don’t charge you for their service so you can an expert working for you to find the best home insurance, free and no-obligation! Just fill out the form on this page to get free quotes to compare.