Home insurance is a necessity for every Canadian homeowner. In addition to the fact that it is required for homes with a mortgage for financial security in case the home is damaged by unforeseen events.
Assuming you are looking for the top home insurance companies in Canada, you are in all probability looking for good home insurance.
We can help you find the right home insurance for you from home insurers in the country. Use our free structure on this page to get your home insurance quote. A professional will compare prices and coverage for your protection. This quote will be revealed to you by one of our partners (insurance brokers and insurers).
1. Intact Financial
Intact Financial is one of the country’s largest providers of home and collision protection. It was formerly ING Canada and offers a wide assortment of home insurance coverage available through insurance brokers.
As of December 2023, the company has assets amounting to $32.29 billion.
2. The Co-operators
This Canadian-owned company provides homeowners with a diverse range of insurance coverage to choose from. You can combine your home and accident protection to profit from great insurance rates.
As of December 2023, The Co-operators have assets of $7.41 billion. It positions high in customer fulfillment in the Atlantic/Ontario Region.
3. Industrial Alliance
This financial services company was founded in 1892. With more than 3 million Canadians served, it is the 5th biggest in health and life insurance. It began offering auto and home insurance in 1973 with 3 types of coverage.
As one of the top home insurers, it has assets amounting to $57.050 billion.
4. SSQ Insurance
This home insurance company ranked the highest in customer fulfillment in Quebec, according to the 2017 survey of J.D. Power. With $11.374 billion in assets, it gives assurance of financial solidness to its customers.
5. Portage Mutual Insurance
According to the 2017 home insurance concentrate by J.D. Power, Portage Mutual Insurance emerged among the top 3 insurance companies with the highest customer fulfillment ratings. It ranked the highest in the Western Region.
It has been around since 1884 and offers insurance coverage through its wide network of brokers. It offers up to $2 million in liability, identity theft coverage, and important optional coverage like home business, overland water endorsement, and sewer backup coverage.
6. Wawanesa Mutual Insurance
This insurance company is popular in the Western Region and offers insurance coverage for homes, mobile homes, condos, and tenant insurance.
It belongs to the top 20 insurance companies in the country, with assets amounting to $10.5 billion.
7. RSA Insurance
This general insurance company offers a diverse range of home, auto, business, and travel insurance products.
It offers online services, areas of strength for a support site, and a unique case process for good customer support. It is quite popular in Quebec and starting around 2023 has assets of about $4.638 billion.
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