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, business
New data shows 2024 was the costliest year for commercial insurance losses in nearly a decade
Mar 13, 2025 | NATIONAL
home
Preparing for the big thaw: 10 tips to help protect your home and property
Feb 25, 2025 | Written by FEB 25, 2025 | BY: ANNE MARIE THOMAS, DIRECTOR, CONSUMER & INDUSTRY RELATIONS, IBC
climate, home
Stay protected: Understanding and helping prevent ice dams
Feb 24, 2025 | Written by FEB 24, 2025 | BY: ROB DE PRUIS, NATIONAL DIRECTOR, CONSUMER & INDUSTRY RELATIONS, IBC
Insurance Industry
As trade dispute deepens, P&C industry coalition renews call for removal of ‘arbitrary’ barriers impeding the mobility of adjusters
Feb 18, 2025 | Written by FEB 18, 2025 | BY: LIAM MCGUINTY, VP STRATEGY, IBC
climate
Cost of historic Calgary hailstorm continues to rise
Feb 11, 2025 | AB
home, Insurance Industry
Inflationary pressures continue to create challenges for property insurance market
Feb 6, 2025 | Written by FEB 6, 2025 | BY: MARK CRIPPS, MANAGER, COMMUNICATIONS, IBC
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Dispute resolution
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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.