What is additional living expenses coverage, and do you need it?
When disaster strikes and your home is no longer safe to live in because of a fire or a natural disaster like a flood, k...
Save up to 30% on Pickering home insurance premiums with LowestRates.ca.
Get quotes from 50+ Canadian providers in 3 minutes.
Compare rates from Canada's leading home insurance providers
have compared rates and saved money over the last 24 hours
First, we need to know about you and your home. It only takes 3 minutes, and it’s 100% confidential.
Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.
When you find the best quote, secure your Toronto home insurance rate by talking to a licensed broker or agent.
Shopping for the lowest price on home insurance can be a hassle. Luckily, it doesn’t have to be. Here, you can easily compare home insurance quotes in Pickering from the city’s top providers. We help you find the best deal on the coverage you need without hours of research.
To find the best rates on your coverage, you’ll need to request personalized quotes from multiple insurance providers. With our free quote tool, you enter your information once and let us do the rest. You’ll receive current home insurance rates in Pickering from 50+ reputable providers. This makes pinpointing the best deal fast and simple.
Need more information about home insurance before you shop? We can help with that, too. On this page, we’ll give you insights into how insurance providers assess risk and set their premiums, and break down what home insurance covers. We also offer helpful tips to save on your coverage.
When you’re ready to compare rates, click the “Get Started” button above. We’ll find you affordable insurance for your Pickering home, in a flash.
See how our customers in Pickering save big on home insurance.
Type of home | Location | Previous claims | Lowest rate | Average rate | Saved |
---|---|---|---|---|---|
Quote from July 23, 2024 Type of home Semi-detached 1,642 sq ft | Location Pickering | Previous claims None | Lowest Rate $85/mth $1,023/yr | Average rate $193/mth $2,311/yr | Saved $107/mth $1,284/yr (56.00%) |
Quote from July 21, 2024 Type of home Detached 2,569 sq ft | Location Pickering | Previous claims None | Lowest Rate $94/mth $1,126/yr | Average rate $166/mth $1,991/yr | Saved $72/mth $864/yr (43.00%) |
Quote from July 21, 2024 Type of home Townhouse 1,000 sq ft | Location Pickering | Previous claims None | Lowest Rate $69/mth $823/yr | Average rate $101/mth $1,209/yr | Saved $32/mth $384/yr (32.00%) |
Your home insurance policy will be customized to suit your needs and the property you’re insuring.
Home insurance premiums are determined by dwelling type (is it a single-detached home, a house with a basement tenant suite, or a condo?). Insurance companies also try to predict the kind and size of claim you might make in the future.
Here are some of the criteria insurance companies look at when calculating your premium.
You know home insurance is an important way to protect yourself from financial risk. Let’s break down some other fundamentals of home insurance every savvy shopper should know.
While the government requires you to purchase auto insurance if you want to drive a car, homeowners insurance is entirely optional. In Canada, there’s no law requiring it. However, most homeowners feel it’s well worth it to protect their investment from common risks.
Condo owners and renters can also protect themselves from risks linked to their homes with other home insurance products made just for them: condo insurance and tenant insurance.
Each of these types of home insurance protect the policy holder from liability if someone is hurt or killed during a visit or has their property damaged.
If your home is damaged by a covered peril, your home insurance will provide for additional living expenses if you have to move out while repairs are made.
Your home insurance will also cover the contents of your home — personal belongings like furniture and clothing. And if you own your home, your home insurance will cover materials and labour to make needed repairs.
Home insurance is meant to guard against the risk of sudden, unexpected losses. This means accidents like a tree crashing through the roof or a vehicle collision or lightning strike.
Ordinary maintenance is not covered by home insurance. Damage that’s caused by poor upkeep is also excluded. For instance, if your roof is caving in because it’s beyond its expected lifespan, water damage during a rainstorm won’t be covered. For homeowners and condo owners, it’s important to keep up with repair needs to avoid uninsured damage.
Ready to compare home insurance rates in Pickering?
We ease the shopping process for home insurance, making it convenient to find affordable rates on the coverage you need.
Just choose which home insurance product you’re looking for in our online quote tool above and click “Get Started.”
It’s fast and free to use. You’ll get quotes from top Pickering home insurance providers in a snap.
This question sounds simple, and we wish it had a simple answer. However, home insurance is customized to each homeowner and property, so many factors go into determining your premium price.
This is why the average cost of Pickering home insurance won’t tell you much about your own premium prices. Home insurance prices in Pickering reflect more than the location of a property within the city.
Other important factors include how much coverage you want and your budget, and the distinct characteristics of your home, like the age of its roof, the kind of materials used in its construction, and its distance from the nearest fire hydrant.
There’s only one way to know how much you’ll pay for home insurance: requesting personalized quotes from several providers.
Fortunately, we make it quick and easy to get home insurance estimates for your Pickering property, using our free online quote tool.
Just provide key details about your home and coverage requirements and you’ll receive customized quotes from leading Pickering home insurance providers in minutes.
Use our online rate comparison tool at the top of the page to get started. And, it’s free.
Pickering’s location on the shore of Lake Ontario makes it appealing to many homeowners. Unfortunately, this also comes with an increased flood risk.
Homeowners should know that typical home insurance policies exclude flood damage and losses from sewer back-up, which often go hand in hand.
If you want protection against these risks, you’ll need to buy separate insurance coverage, available through most home insurance providers.
Pickering home insurance coverage protects you against these common perils, or risks:
Pickering home insurance comes with typical exclusions, like home insurance policies across Canada.
Damage from these perils is usually not covered:
For some of these perils, insurance providers commonly offer optional coverage, either as an add-on to your home insurance or as a standalone product.
Ask your home insurance provider if you’re interested in coverage for flooding, sewer back-up and earthquakes.
The best home insurance in Pickering is a policy that gives you the protection you want at a price that fits your budget. Homeowners differ in their coverage needs and risk tolerance, so it’s possible your neighbour’s best home insurance option in Pickering is not a great match for you and vice versa.
Most insurance providers have different coverage level offerings, ranging from basic to broad to comprehensive home insurance.
Basic policies provide protection against common risks at the most affordable rates, so if you’re looking for the cheapest Pickering home insurance option, this type of policy may serve you best.
Broad policies offer a stronger level of protection for damage to your home, with higher premium prices.
Comprehensive home insurance offers the most robust protection for both your home and its contents, for homeowners unconcerned with higher premium costs.
Many insurance providers also offer optional additional for particular needs, like especially valuable personal items, or perils not covered by standard home insurance, such as flooding and earthquakes.
To lower your Pickering home insurance premiums, the most essential thing you can do is shop around for coverage. Insurance providers vary in how they set their rates, so you may be able to save by going with one company’s offering over another, even for similar coverage.
Another important step you can take is being informed about your coverage selections. Knowing what level of coverage you want will help ensure you don’t pay for any extras.
To further lower your Pickering home insurance cost, ask your provider what you can do to earn a discount. Insurance companies often have discounts available for these situations:
A final option is to consider raising your deductible. This may be a good choice for homeowners who have enough savings to cover the deductible amount in case of a claim. Opting for a higher insurance deductible will lower your premiums.
Pickering homeowners are fortunate to have numerous well-regarded insurance providers operating in the local market.
Because needs and budgets vary among homeowners, no one provider is likely to be the ideal fit for everyone seeking home insurance in Pickering.
It’s most important to find a policy that’s well-matched to your coverage needs. From there, you can compare offerings from different home insurance companies in Pickering to find the best value.
LowestRates.ca streamlines this process, making comparison shopping efficient.
We offer the insights you need on home insurance, to help you choose the right product. When you’re ready to shop, use our online quote tool at the top of this page.
A licensed Pickering home insurance broker will reach out to you to answer your questions and lock in the lowest rate on your coverage.
Every home insurance provider we work with has been screened to ensure they are reliable and reputable.
Yes. Whether you need insurance for your Pickering house, condo or rental unit, it’s easy to buy coverage online, here.
We partner with the top insurance providers to offer the full suite of home insurance products in your area: Pickering homeowners insurance, condo insurance and tenant insurance.
Each type of coverage is designed just for that dwelling type, so you get the right protection for your home.
To get a an insurance quote online for your Pickering home, just let us know what type of insurance you need. Choose from homeowner, condo owner or tenant in our quote tool at the top of this page. Then click “Get Started.”
When disaster strikes and your home is no longer safe to live in because of a fire or a natural disaster like a flood, k...
Although Canada has never been a stranger to extreme weather events, such events have undoubtedly been on the rise in re...
*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.