Ratings highlight which home insurance companies deliver when it matters most, clear coverage, fair pricing, and fast support on claims. Here’s how the top home insurance providers in the Canadian home insurance market compare, with Insurely making it easier than ever to compare home insurance quotes online.
Why Ratings Help You Pick the Right Home Insurance Company
Buying home insurance isn’t about flashy ads. It’s about what happens when you file a claim. The top rated home insurance companies prove their value with steady claims handling, quick updates, and coverage options that support you after a loss. In Canada, ratings show which homeowners insurance companies follow through before and after a claim.
Why Ratings Matter in Canada
At first glance, most insurance companies offer similar basic home insurance. But once you look closer, big differences appear in claims process, coverage limits, and customer satisfaction. Rated home insurance companies often perform better on fast home insurance claims, plain communication, and flexible coverage options that match real coverage needs.
7 Highest Home Insurance Companies in Canada
Insurely — A digital platform to compare home insurance quotes across top home insurance companies. Licensed advisors explain trade-offs so condo owners, mortgage free homeowners, and families can pick the right home insurance company without endless forms.
Intact Insurance — The largest name in Canadian casualty insurance, part of Intact Financial Corporation. Offers strong digital claims tools and solid customer satisfaction. Bundled home and auto policies help many homeowners save money on both home insurance premiums and car insurance.
Economical Insurance — A trusted insurance provider since 1871 with strength ratings at the A level. Popular for property insurance, house insurance, and business insurance through a wide broker network.
Aviva Canada — Among the best home insurance companies, offering comprehensive coverage choices such as extended water damage coverage and earthquake coverage.
The Co-operators — A community-driven insurance provider offering additional coverage for green home upgrades, valuables, and tenant insurance. Provides in-person advice through advisors and branches.
TD Insurance — Known for online convenience, fast service, and home and auto insurance pairing that can lower premiums. A consistent option for many homeowners.
RSA (Royal & Sun Alliance) — An established global insurance provider offering comprehensive protection for rental properties, vacation homes, and personal possessions.
Legacy Providers vs Insurely
Traditional providers like Intact, TD, Aviva, Economical, RSA, and The Co-operators built around branches, calls, and paperwork. Insurely takes a different route with a digital-first process: instant quotes, e-signatures, clear add-ons, and quick callbacks.
| Category | Legacy Providers (Intact, TD, Aviva, Economical, RSA, The Co-operators) | Insurely (Digital Path) |
|---|---|---|
| Process Style | Branch visits, calls, forms | Fully digital: quote to bind, e-sign, online docs |
| Quotes & Bind | Multi-step quoting, callbacks | Real-time quotes, bind in minutes, save and edit anytime |
| Claims Process | Phone or email updates, mixed portals | Online claim tracking with clear steps and timestamps |
| Speed to Human | Central phone lines, business hours | Fast callbacks, live chat, on-demand help |
| Coverage Clarity | Long PDFs, agent explanations | Plain-language summaries, add-ons with live price impact |
| Pricing Control | Changes through agents | Real-time sliders for deductibles and coverage limits |
| Bundling | Home and auto policies set up separately | Single workflow for home and auto insurance |
| Accessibility | Mixed portals across products | One login for quotes, policies, and claims |
| Personalization | Regional standard packages | Risk-based questions by dwelling type (condo, cottage, rural) |
| Add-ons & Riders | Offered via calls or forms | Click-to-add (sewer backup, overland flood, valuables) |
| Advisor Support | Varies by branch and broker | Licensed advisors built into the digital process |
| Social Proof | Reputation over decades | 4.9★ reviews and fast response times (check verified) |
| Savings Signals | Bundling and loyalty discounts | Upfront comparisons, reported savings up to 32% (verify) |
What Makes the Most Homeowners Insurance Companies
The best homeowners insurance companies deliver more than a PDF policy. A strong insurance provider supports you with comprehensive home insurance coverage, including dwelling limits, personal liability for damage to someone else’s property, personal property coverage, and additional living expenses during repairs. For many homeowners, the right home insurance company isn’t the cheapest home insurance, it’s the one that balances price with real service.
Why Flexibility and Transparency Matter
Many homeowners face different coverage needs. Some are mortgage free, some own condos, others live in areas exposed to natural disasters like floods or fires.
The best home insurance providers build trust with flexible coverage options, clear explanations of coverage limits, and transparent optional coverage. A local insurance broker or a platform like Insurely can help compare quotes, pressure-test replacement cost limits, and avoid under-insuring.
Broker or Digital? Both Work
An experienced insurance broker can flag gaps tied to mortgage lenders or condo bylaws. A digital insurance provider like Insurely speeds things up with side-by-side comparisons, instant edits, and quick access to insurance products. Using both can keep you from overpaying and under-protecting your home.
Shopping Smart in a Crowded Market
The cheapest home insurance isn’t always the best. The right home insurance provider offers fair insurance policies, responsive claims support, and clear coverage limits. Look at service records, claims process performance, and how insurance covers losses after storms. If you’re mortgage free or a condo owner, adjust your coverage needs to match your real risk.
The Takeaway
Choosing the right home insurance company protects more than your house. The top home insurance companies in Canada stand out with comprehensive coverage, customer satisfaction, and reliable claims support. From liability coverage to additional coverage for personal belongings and living expenses, the best homeowners insurance companies protect what matters most.
Skip the wait times. Compare home insurance quotes with Insurely in minutes and pick the insurance provider that fits your budget, risk, and coverage needs.
Frequently Asked Questions
Who is the best insurance provider in Canada?
The top choice changes from one household to the next. Insurely streamlines the search by showing live pricing and coverage trade-offs in one place.
What’s included in house insurance coverage?
House insurance usually includes protection for the structure, your personal belongings, and personal liability.
Do all providers cover additional living expenses?
Most rated providers include additional living expenses if your home becomes unlivable after a covered event.
How do I know if I’m getting a fair house insurance quote?
Compare quotes from multiple providers and check what coverage is included before deciding.
Can I switch house insurance companies mid-policy?
Yes, you can switch at any time, but you might pay a cancellation fee depending on the provider.
