Which home insurance company or direct insurer should you choose in Quebec for your home?

 Are you a homeowner, co-owner, or renter in Quebec City looking for affordable home insurance? We can help you find the best insurance deals that suit your budget.

Your home is your biggest and most valuable asset. Of course, you want to get home insurance that provides adequate protection against risks for damage and loss. It is important to get the right insurance coverage that gives you the best protection at the best price.

Use our free comparison tool to find the best insurance for your needs that suit your budget.

Fill out the form on this page to receive FREE and NO OBLIGATION quotes from the best insurance companies in Quebec!

What type of insurance do you need? We got it all!

Any average person would need one or more insurance products – home, auto, business, life, health, or salary insurance.
When expenses are high, some people make the mistake of avoiding insurance premiums to reduce expenses. Insurance, however, is ESSENTIAL, especially when finances are tight. You can’t afford to risk not having coverage in place for your home, auto, salary, or life because an emergency can wreak financial havoc.
It is important to assess what protection you need so you can manage risks and prepare for the unexpected. In doing so, you can have peace of mind and more confidence to face the future.
You can buy the best insurance protection at a price you can afford. It is better to have some coverage than none at all! When your finances improve, you can always upgrade to get increased protection.
With life insurance, protect your insurability and get the lowest possible premiums now; don’t wait until you turn older and less healthy!
Whatever you need, our insurance partners offer the most competitive prices and comprehensive coverage for home, auto, and life insurance!

How to compare Insurance Companies or Direct Insurers

Your insurance broker is an intermediary connected with reputable insurance companies whereas an insurance agent works exclusively for one insurance company.

Our network of partners includes insurance brokers and insurance companies who all want to make sure that you get access to the right insurance product that meets your needs.

When choosing an insurance broker, check that he/she has:

Valid certificate from the Autorité des marchés financiers (AMF)

  • Listens to your questions and assesses your needs correctly
  • Offers insurance products that are adequate and suited to your needs and your budget
  • Gains your trust and confidence

When choosing a direct insurer, check on reputation and customer service feedback. It is smart to work with an insurance company that inspires confidence that your best interests are protected.

Types of insurance solutions offered in Quebec City

There are several types of insurance available in Quebec and without the necessary information, you could be buying an insurance that does not cover your risks or is too expensive.

You can look for the right insurance to give you protection from all risks from our partner insurers.

Home Insurance

  • Basic Home Insurance Protection

Basic home insurance protects things that are valuable to you – your home, attached and detached structures such as shed, and garage.  It also covers personal belongings on your property.  Your insurance can include theft, fire, vandalism and coverage for civil liability caused by damage to another person or property.

Basic insurance is ideal for individuals who are satisfied with ordinary or normal coverage. You can also get help with living expenses in case your home becomes unfit for occupancy due to a claim.

With this type of coverage, perils are named in your policy and you shoulder some of the risks. Some policies cover only fire and lightning while others cover open perils except for earthquakes and floods.

Basic coverage is the cheapest home insurance available in the market. Be aware, however, that it excludes many things which you will pay for 100% if something happens. If you want increased protection for your home, you can consider all-risks or comprehensive home insurance.

  • All Risks Home Insurance Protection

This comprehensive insurance coverage offers protection for fire, theft, vandalism, and other perils but also have exclusions such as water infiltration, progressive water damage, and normal wear and tear.

Despite its name, all-risks home insurance does not pay for all types of damage. It is, however, the best protection for your home that you can get at a good price.

This type of coverage can cover your home’s structure, detached structures, personal belongings, personal property at another location, belongings inside your vehicle, living expenses if your home cannot be occupied due to a covered risk, and personal liability.

You can get up to 100% of the replacement cost but certain limits are put on specific belongings like jewelry. Liability coverage can be from $1M to $2M, based on your needs.

  • Specified Risks or Adapted Insurance

Certain risks are not included in a home insurance policy. Did you know that you can amend your policy to suit your needs or individual situation? This type of coverage is referred to as specified risks or adapted insurance.

Insurers allow you to add “riders” or “endorsements” to tailor your coverage to your specific requirements. As add-ons to your policy, you will pay extra for these protection features.

This type of insurance provides protection to suit your specific needs.  You can get cover for sewer back-up, swimming pools and spas, and earthquakes.

Water damage 

Water damage comes in different forms. The coverage is based on the source of the water. Ground water and sewer endorsements would cover damage resulting from water seepage from the ground or from backed-up sewers. Insurers may or may not offer this endorsement.

Above-ground water coverage would be for rainwater or snowmelt which could lead to your house through the roof or from an eavestrough overflow

  • Extended Formula Insurance

This type of coverage combines specified risks to all risks protection for your home.

Home insurance can be customized to make sure your coverage is tailored to your needs. If all-risk protection is not sufficient for you, you can combine other features with endorsements or riders for specified risks offered by an insurer.

  • Vacant or unoccupied building in Quebec City

If you are going on an extended trip, or moving somewhere else, your current home must still be insured.  You can get protection just for the building and exclude personal property it there is none.

  • Liability in Quebec City

Home insurance also provides coverage for civil liability. This offers you protection in case someone gets injured on your property.

The liability portion from a homeowners’ insurance policy can cover you against potential lawsuits due to damage you or your family members cause to third parties. It can also pay for damages caused by the family pet.

Standard policies may include $300,000 to $500,000 for liability coverage but you can increase this to up to $2 Million.

You don’t have to be a millionaire to need $1M in liability coverage because the expenses from lawsuits, medical expenses, and damage can really be high.

You can choose the right type of insurance for adequate protection for your property. It can also save you money and aggravation.

Life Insurance

Life insurance coverage is important especially if you have loved ones who depend on you for financial support.

Our partner insurers offer temporary life insurance for short term insurance needs. This type of life insurance is the most affordable and is suitable for most consumers.

You can choose coverage for 5, 10, 15, 20 years. Death benefits are paid to beneficiaries only if the insured dies within the term. If you cancel your term life insurance or outlive it, you don’t get any money back.

Know that every time you renew term life insurance, it gets more expensive because your age has increased and your health may have deteriorated. You can, however, convert term life insurance to permanent life insurance.

For individuals who need lifetime cover, you can choose from whole life insurance or universal life insurance, depending on your needs.

Although permanent life insurance is significantly more expensive, it cannot be revoked once issued; thus, your insurability is guaranteed even as you age or your health declines. Premiums stay level throughout your lifetime. Because your coverage is for life, death benefits are paid regardless of when the insured dies.

Over time, premiums for permanent life insurance becomes cheaper in value. You can also get dividends (participating life insurance) and the policy earns cash value which you can borrow against when you need funds.

We can help you save money from premiums with our free life insurance quotes from leading Canadian insurers. You can save more money if you buy your home and life insurance policies under one insurer.

Auto Insurance

If you use a vehicle for work or leisure, you will need adequate auto insurance.

In Quebec, auto insurance comes in two parts – public and private. The Société de l’assurance automobile du Québec (SAAQ) pays compensation for injuries under a no-fault system. This means that a driver cannot be sued for injuries due to vehicular accidents in Quebec.

All drivers are, however, required to get private auto insurance with a minimum of $50,000 liability for damage to other people’s property or vehicles. Private auto insurance also pays for injuries and liability for accidents that happen outside Quebec wherein the insured driver is at fault.

Our partner insurers provide the most innovative auto insurance including motorcycle insurance and RV insurance (recreational vehicle).

Whether you drive a truck, an SUV, or a car, it is quite simple to get car insurance in Quebec that suits your needs and budget. Choose from basic coverage or additional options for wider protection for your automobile insurance needs.

We can get you the most affordable auto insurance quotes in just one short form – it takes only 5 minutes to let us know what you need.

Critical Illness Insurance

Critical illness insurance is another good insurance product that Quebecers should consider. A diagnosis of cancer or other life-threatening disease can be very difficult to handle, emotionally and financially.

This type of policy will provide you with financial support at a critical time. Insurers offer benefits that include a lump-sum benefit when you receive a diagnosis of stroke, cancer, or heart attack. Policies differ among insurers so be sure to compare multiple products and premiums before you choose one.

Critical illness insurance covers a wide variety of serious medical conditions. You should read the covered conditions of the different policies offered by insurers because they vary.

Disability or Salary Insurance

Disability or salary insurance is also very popular in Quebec. Premiums for disability insurance, like life insurance, are based on your age, type of occupation, and gender, among other factors.

Whether you are self-employed or employed, you can take advantage of disability or salary insurance to protect your income in case you experience disability.

Imagine what would happen to your finances if you cannot work for 30 days or more due to an injury? You can receive a percentage of your current income to cover your loan payments and other living expenses. This will allow you to focus on your health and not worry about money or debts.

Get coverage from disability insurance to make sure you can continue to pay your bills even if you cannot work.  Some insurers allow you to convert your coverage if your needs change without providing proof of health.

According to the Canadian Health and Life Insurance Association (CLHIA), about 60% of Canadians or only 60% of the population have life insurance coverage. You need to ask yourself if you have funds set aside if you are suddenly diagnosed with a critical illness, get injured, or die.

It is time for you to review your insurance needs and get the coverage you need to protect your financial security. Fill out the form on this page to receive competitive quotes from reputable insurers!

Understanding your level of coverage- Check your policy limitations

Regardless who your insurer is, your insurance policy will have policy limitations.

For example, for life insurance, you can choose your face amount starting from $50,000, $100,000, $250,000, $500,000 or $1 Million. Further, your coverage may be for a limited time, in case of temporary or term-life insurance (5 years, 10 years, 20 years) unless you obtain whole life or universal life insurance.

For home insurance, some items under a condo, home, or tenant insurance may vary.

Personal property such as computers or television are covered under your insurance policy but up to a certain limit.  Specific limits are also indicated for art and jewelry. It is important to assess the right value of your property and to ensure your insurance limits are adequate.

Replacement value coverage also means that the contents of your home are insured for the actual cost of replacing them.  If you replace the items with an item of similar quality, within a specified time, the insurer will reimburse you the full replacement cost you to replace the item rather than the depreciated value.

Some insurers include this automatically while others offer it as an option to be added to your policy.

Basic property insurance does not automatically cover earthquake damage. If you reside in Southern Quebec, you may want to consider this option.

Frequently asked questions about insurance in Quebec

Are you shopping for home, auto, or life insurance? If you have questions and want answers to help you make the right decision, refer to the information below for guidance. Our partner insurers will also be happy to answer your questions if you request for your free quotes.

How much life insurance do I need?

The amount of life insurance you need depends on your financial situation. It should be enough to cover your existing mortgage, your other loans, the living expenses of your dependents, educational expenses, taxes, final expenses, etc. The amount of life insurance you buy will have a big impact on the cost of your premiums. Thus, you should not be over-insured to save on costs but have enough to cover your family’s future needs.

What is the best life insurance?

Permanent insurance is, hands down, the best type of policy for life insurance. However, it is expensive for 2 reasons- it gives lifetime protection and has cash value. It is the only life insurance that pays living benefits aside from death benefits. If you don’t need lifetime coverage or can’t afford expensive premiums, the next best option is term life insurance. This type of policy covers you for a specific period of time and has no cash value but it is more affordable.

Can I bundle my home and auto insurance under one insurer?

Yes, it is better to bundle your home and auto insurance with one insurer so you can qualify for discounts on premiums.

When is the best time to switch my home insurance?

The best time to switch your home insurance is before renewal so you can avoid a penalty fee or not have a gap in coverage. Before your policy expires, your current insurer will send you a renewal notice. Check your policy and review your coverage. Shop around for lower premiums using our free online comparison and find better rates. Don’t automatically sign your renewal slip before you compare other offers.

Do I need critical illness insurance if I have life insurance?

It depends. Keep in mind that your life insurance policy will pay benefits to your beneficiaries when you die within the term (for term-life insurance). If you get diagnosed with a serious condition, how will you pay for medical bills and living expenses while you are not working? This is the reason why people may need critical illness insurance. If you don’t want to worry about this scenario, it is a good idea to get critical illness insurance coverage. Some life insurance policies may have this as a rider or endorsement so shop around and compare life insurance products from multiple insurers.

Is salary insurance essential?

Salary insurance is essential. When a person gets injured and is unable to work, an employer may pay benefits for a while. It may not be enough to cover other expenses such as debts, medical bills, living expenses, etc. It may also not be for long if you are unable to perform your duties for an extended period of time. Hence, benefits from salary insurance will make sure you have cash to spend on your daily needs and pay for bills while you are recovering from an injury.

Which is the best home insurance company?

There are many home insurance companies in Quebec. The best one is not necessarily the biggest or most popular. Rather, it is the insurer that offers you the coverage that suits your needs for the price that suits your budget. The best way to find out is to compare multiple quotes using our short online form. By comparing home insurance offers, free of charge, you can find the best coverage for the lowest price.

Our Partner Insurers Got You Covered Anywhere in Quebec

No matter where you are in Quebec, our partner insurers got you covered. For home insurance, auto insurance, or life insurance needs, we can provide you with the most reasonable quotes for best coverage.

Our partners provide the best insurance products to the following areas in Quebec City:

La Cite-Limoilou Les Rivieres
Sainte-Foy–Sillery–Cap-Rouge Charlesbourg
Beauport La Haute-Saint-Charles

We would love to hear from you. Fill-out our online request form and we will be happy to get the best insurance quotes for you.

Save time and money!

Compare Insurances Online is an online bid solicitation service for insurance brokers and direct insurers. Our network of partners covers Quebec: Montreal, Quebec, Laval, Longueuil, Sherbrooke, Trois-Rivières, Gatineau, etc. All types of insurance are available for all kinds of budgets.