Home Insurance in Ontario
Home Insurance Backed by 120 Years of Expertise
Since 1903, Affiliated Insurance Management has been a trusted name in protecting homes across Oakville, Burlington, and the Greater Toronto and Hamilton Area (GTHA). Whether you’re a homeowner, a condo resident, or a renter, we provide customized coverage to safeguard your home, belongings, and financial future.
Get a QuoteWhy Families Trust Affiliated Insurance in Ontario
Affiliated Insurance Management has provided home insurance to residents in Oakville, Burlington, and the Greater Toronto and Hamilton Area since 1903, almost as long as there has been insurance! When it comes to protecting your home, you deserve a partner who understands your unique needs and values.
Here’s why families across Ontario choose Affiliated:
- A History of Excellence: With over a century of experience, we’ve built a reputation as one of Ontario’s most trusted insurance providers. Our longevity speaks to the quality of service we deliver and the strong relationships we’ve built with our clients.
- Personalized, Family-Oriented Service: As a family-owned brokerage, we prioritize people over policies. We focus on understanding your specific needs and goals to create insurance solutions that align with your lifestyle and provide lasting peace of mind.
- Deep Community Ties: Our team lives and works in the same neighborhoods we serve. Whether you’re in Oakville, Burlington, or the GTHA, we use our local knowledge to address risks and challenges Ontario homeowners commonly face.
- Dedicated Claims Advocacy: When the unexpected happens, we guide you through the claims process with care and expertise. Our team advocates for you at every step, ensuring a fair, seamless, and stress-free resolution to your claim.
- Local Knowledge and Personalized Solutions: From flood-prone areas to winter weather risks, we create coverage tailored to Ontario homeowners. Our policies are designed to address the unique challenges of living in the region, offering complete protection for your home.
A Family That Puts You First
At Affiliated Insurance, being a family-owned business means treating our clients like neighbors, not numbers. For over 100 years, we’ve proudly served the communities of Oakville, Burlington, and the GTHA with care and expertise. We’re here to protect your home and make the insurance process simple, personal, and stress-free.
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Home Insurance Is Essential — Here’s Why!
Living in Ontario means enjoying vibrant communities and wonderful landscapes, but it also comes with unique risks. Here’s why home insurance is a must for residents in these areas:
- Liability Coverage: Accidents happen, whether it’s a guest tripping in your home or an incident on your property. Liability insurance protects you from costly legal or medical expenses.
- Weather-Related Risks: From freezing winters in Burlington to occasional heavy rainfalls in the GTHA, your home faces potential risks that insurance can mitigate.
- Flooding: Heavy rains and rising water levels in parts of the GTHA can lead to overland flooding, causing significant damage to basements and ground-level areas of your home.
- Fire Hazards: Electrical malfunctions, cooking-related fires, and even wildfires in suburban areas pose risks to homes throughout these regions.
- Theft and Vandalism: Urban areas in the GTHA are more prone to break-ins and property damage, especially if homes lack adequate security measures.
- Hail Damage: Ontario’s unpredictable weather can bring hailstorms that damage roofs, windows, and vehicles parked outside.
Understanding these risks helps ensure you have the right coverage to protect your home, belongings, and financial future.
Know Your Risks, Strengthen Your Coverage
In order to protect yourself, the first thing you need to do is to identify the things that could cause you harm. You can’t protect yourself from risky things that you don’t know about. To help you, we have developed an industry-leading risk identification tool. All you do is answer a series of yes/no questions, that take less than 5 minutes to complete. We then analyse your responses and send you a free risk analysis. You can use our risk analysis to compare with the one your current insurance advisor has provided you in the past. You can review ours with them and if they missed something, you can get them to address it. Or, you are welcome to discuss the report with one of our experts to get a second opinion on how well you’re protected.
To get your free, no-obligation risk report
Click hereComprehensive Coverage for Homeowners
Owning a home comes with significant responsibilities and risks. Our homeowners’ insurance is designed to protect your property and finances with:
- Property Coverage: Protects your home from damage caused by fire, theft, severe weather, and more.
- Belongings Protection: Insures furniture, appliances, electronics, and other personal items.
- Liability Insurance: Offers financial coverage if someone is injured on your property or if you unintentionally cause damage to someone else’s property.
- Temporary Living Expenses: Covers the cost of temporary housing if a covered event leaves your home uninhabitable.
Customized Protection for Condo Owners
Living in a condo comes with unique responsibilities, and your association’s master policy won’t cover everything. Our condo insurance ensures your unit and belongings are safeguarded with:
- Unit Upgrades Coverage: Protects renovations or improvements made to your condo.
- Belongings Insurance: Covers personal items like electronics, furniture, and valuables.
- Gap Coverage: Complements your condo association’s policy, filling any gaps in protection.
- Liability Insurance: Covers legal or medical expenses if someone is injured in your condo.
Affordable Options for Renters
Even renters face risks that can impact their belongings and financial security. Our renters insurance provides:
- Belongings Protection: Insures personal possessions like furniture, electronics, and clothing against theft or damage.
- Liability Insurance: Protects you financially if someone is injured in your rental space.
- Cost-Effective Coverage: Offers budget-friendly protection designed for renters in Oakville, Burlington, and the GTHA.
How Much Does Home Insurance Cost in Ontario?
Home insurance rates vary depending on several factors, such as your location, home type, and coverage needs. Here’s what you can expect in Oakville, Burlington, and the GTHA:
- Home:
The annual average for premiums in Ontario is $1,481.21
- Condo:
Costs can be as high as $300 annually for more comprehensive policies.
- Rental Units:
Renters insurance costs around $350 annually, depending on coverage limits.
What Factors Affect Your Premiums?
- Your home’s location, age, and condition.
- Your chosen coverage limits and deductible.
- Security features such as alarms, cameras, or reinforced locks, which may qualify you for discounts.
Is Home Insurance Mandatory in Ontario? Here’s What You Need to Know
Home insurance isn’t legally required in Oakville, Burlington, or the GTHA, but it’s often a necessity in practice. If you have a mortgage, most lenders will require proof of home insurance before approving your loan. Even if you own your home outright, having coverage ensures you’re financially protected against unexpected events like fire, theft, or severe weather.
While not mandatory by law, home insurance provides essential protection for your property, belongings, and financial well-being, giving you confidence in the face of uncertainty.
Simple Tips to Save on Home Insurance
Here are a few ways to keep your home insurance costs manageable without sacrificing protection:
- Bundle Policies: Combine home and auto insurance to save up to 20% on premiums.
- Increase Security: Install alarms, smoke detectors, or surveillance systems to lower your risks and your rates.
- Choose a Higher Deductible: Opting for a higher deductible can reduce your monthly premium significantly.
- Maintain a Clean Claims History: Avoid filing small claims, which can increase your premiums over time.
Explore More Insurance Options
Protect every part of your life with a range of specialized insurance solutions from Affiliated Insurance. Whether you’re safeguarding your home, belongings, or lifestyle, we’ve got you covered:
Protecting the Heart of Your Life
A home is more than walls and a roof—it’s the center of everything you hold dear. With over 120 years of experience, Affiliated Insurance is proud to stand beside families in Oakville, Burlington, and the GTHA, offering more than just insurance. We provide the confidence to face tomorrow, knowing your home and everything within it is secure.
Get a QuoteProtection Designed for Your Success
With success comes valuable assets that deserve exceptional protection. High-net-worth insurance provides specialized coverage to safeguard your home and possessions from unexpected risks, ensuring long-term security.
- High-Net Worth Insurance Ontario
- High-Net Worth Insurance Oakville
- High-Net Worth Insurance Burlington
- High-Net Worth Insurance Collingwood
- High-Net Worth Insurance Toronto
FAQ
Home insurance typically covers your home’s structure, personal belongings, liability, and additional living expenses if a covered event makes your home unlivable. Policies protect against risks such as fire, theft, water damage, and personal liability claims.
Home insurance is not legally required in Ontario, but most mortgage lenders require proof of coverage before approving financing. Even if you own your home outright, having insurance ensures you are protected from unexpected repair costs and liability claims.
The cost of home insurance varies based on your home’s value, location, security features, and coverage limits. On average, homeowners in Ontario pay an average of $1,481.21 per year for coverage, though factors like deductibles and claim history can affect your premium.
Standard home insurance covers certain types of water damage, such as burst pipes or accidental leaks. However, overland flooding and sewer backups usually require additional coverage. It is important to review your policy to ensure you have full protection.
Yes, many insurance providers offer discounts for bundling home and auto insurance. Combining policies with the same provider can help lower premiums and simplify policy management.