guide specially dedicated to home insurance.

guide specially dedicated to home insurance.
Tenant home insurance

Tenant home insurance applies to people who occupy an apartment or house under a rental agreement with the owner of the occupied property.
Cover Objects
Movable property of the apartment Up to a certain limit
Building structure To be paid by the owner
Outbuildings adjoining the apartment At the expense of the owner
Living expenses
Public liability
The common areas of the condo At the expense of the owner, depending on the case
The different items covered by tenant home insurance

Find our complete guide to tenant home insurance.
Co-owner or "condo" home insurance

Condominium home insurance is for people who own a building under the condo regime - which is why it's sometimes called “condo insurance”. It covers the specific needs of the co-ownership, in particular the common areas of the condo.
Cover Objects
Movable property of the apartment Up to a certain limit
Building structure
Outbuildings adjoining the apartment
Living expenses
Public liability
Common areas of the condo
The various goods covered by co-owner home insurance also known as "condo"

The co-ownership home insurance taken out by the co-owners is generally supplemented by insurance taken out by the condominium association, which shares the risk of damage that could occur on the common parts of the condo

Find our guide to condo home insurance in Quebec.
How much does home insurance cost in Quebec?

The cost of home insurance in Quebec depends on your situation, your age, the type of your home as well as its size. Here is the list of the main parameters that affect the price of home insurance:

    The location of your home
    The condition and surface of your home
    The year your house or condo was built
    What you use it for: for example if you work there
    The type of heating used
    The proximity or not of the fire station
    The number of people who live there
    The level of coverage you choose (including the level of the value of the personal property you want to cover)
    Your history of previous claims.

All of these elements therefore influence the average price of home insurance in Quebec. For example, we made three home insurance quotes for different scenarios:
 Case Average price
Owner's insurance Owner of a single-family apartment of 100 square meters with garage in Montreal, dating from 1980, with no current credit on the property to be insured. $ 91.92 / month (does not include 9% tax to be expected)
Co-owner insurance Co-owner of an apartment in Montreal, in a 1980 building with between 8 and 20 apartments. $ 50.83 / month (does not include 9% tax to be expected)
Tenant insurance Apartment in a condo in Montreal with between 2 and 6 apartments. $ 40 / month (does not include 9% tax to be expected)
Estimated prices for home insurance in downtown Montreal (quotes made on October 21, 2020)