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
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Ontario and Quebec ice storm causes $342 million in insured damage
Apr 30, 2025 | ON, QC
home, climate
More than 1 in 10 California homes are uninsured. Could a similar crisis happen in Canada?
Apr 25, 2025 | Written by APRIL 25, 2025 | BY: CHRISTINA FRIEND-JOHNSTON, SENIOR COMMUNICATIONS ADVISOR, AND MARGOT WHITTINGTON, SENIOR POLICY ADVISOR, IBC
Insurance 101
What Do Gravestones, Spoiled Milk and Asteroids Have in Common?
Apr 23, 2025 | Written by APRIL 23, 2025 | BY: JAMES GEUZEBROEK, SENIOR COMMUNICATIONS ADVISOR, IBC
climate
February extreme weather events in Eastern Canada cause over $260 million in insured damage
Apr 16, 2025 | NATIONAL
auto
New Website to Help Albertans Navigate Auto Insurance Reforms
Apr 11, 2025 | AB
home
Choosing the right contractor after a flood or water damage loss
Apr 10, 2025 | Written by APRIL 10, 2025 | BY: ROB DE PRUIS, NATIONAL DIRECTOR, CONSUMER & INDUSTRY RELATIONS, IBC
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