How Home Insurance Works
Your home may be your largest financial investment so it’s important to help keep it protected.
Be prepared. Be protected.
Everything you need to know about home insurance, from how rates are set and what coverage you need to where to get it and what to do when you need it.
- How rates are set
- Types of home insurance coverage
- How to buy home insurance
How rates are set
Understand what information is used to set your rates so you can make informed decisions about how to protect your home and property.
Types of home insurance coverage
What's covered in individual policies varies from one to another. Make sure you understand the basics so you get the coverage you need.
How to buy home insurance
Buying a home is one of the most important financial decisions you’ll make. Protect that investment by understanding how to get the appropriate type and amount of insurance coverage you require.
Resources For You
We've collected a few more resources that may be helpful for you to explore.
Climate Proof Canada
We need to prepare our communities now from ever-increasing severe weather events, like floods and wildfires. See what we’re doing to make climate change action work.
Trending News
climate
Insurance Bureau of Canada Welcomes FireSmart Investment by Federal and Provincial Governments
Jun 12, 2025 | NATIONAL
auto
GTA Residents Sound Alarm: Nearly 80% Call Auto Theft a Crisis
Jun 12, 2025 | ON
Insurance Industry, business
Rising litigation trends in Canada could impact commercial insurance costs
Jun 11, 2025 | NATIONAL
climate
Insurance Bureau of Canada responds to audit on Canada’s National Adaptation Strategy
Jun 10, 2025 | NATIONAL
Insurance Industry
New IFRS 17 metrics discussion paper aims to improve consistency in financial reporting
Jun 9, 2025 | Written by JUNE 9, 2025 | BY: TINA LIU, DIRECTOR, ECONOMICS AND FINANCIAL POLICY, IBC; HUBERT SCARLETT, SENIOR ECONOMIST, IBC; CHRISTINA SONG, SENIOR DATA SCIENTIST AND ACTUARIAL ADVISOR, POLICY DEVELOPMENT, IBC
auto
Truth About Tariffs: US trade dispute adding costs and straining availability of insurance coverage for Alberta drivers
Jun 5, 2025 | AB
You might also be interested
Dispute resolution
If you have a complaint about your insurer or insurance professional, keep these 4 steps in mind to be sure you’re heard and that your issue is resolved.
How to buy car insurance
Get tips and guidance on how to buy auto insurance that meets your needs.
Do red cars cost more to insure?
No, they don’t. This is just one of many insurance myths we’re debunking in order to help you better understand insurance.