Home & Property Insurance in Toronto, Ontario
Home and property insurance covers your house, condo, or rental property against fire, water damage, theft, and liability if someone is hurt on your property. In Toronto, it also has to account for local risk factors that trip up a lot of homeowners: basement flooding from overwhelmed storm sewers, sewer backup, aging cast-iron plumbing in older homes, and the ice and snow load that comes with a real winter. A good broker or agency does more than quote a price. They ask about your specific building, flag gaps before a claim happens, and know which insurers actually pay out quickly on water damage claims in this city, since that's the most common claim by far in Toronto neighborhoods with older housing stock.
We list 91 home and property insurance businesses serving Toronto, ranging from independent brokers who work with a dozen insurers to branch offices of national firms. When you're comparing them, look for a broker who explains replacement cost versus actual cash value, asks about your sewer backup and overland flood coverage specifically, and can tell you how claims are actually handled rather than just quoting premiums.
Our scoring weighs responsiveness, clarity of communication, claims support, and how well each agency is reviewed by actual clients, not just marketing polish. For a ranked shortlist, see our best home insurance brokers in Toronto guide. Curious how we build these rankings? Read our methodology.
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All home & property insurance, ranked by score and relevance
We found 140 businesses offering home & property insurance; 104 met the criteria for the scored directory. The order weighs each business's overall score by how much of its reviewed work is home & property insurance, so a lower-scored specialist can rank above a higher-scored generalist. Filter and sort below, or open the full map view.
Your enquiry may be shared with partner providers to carry out the work, and we may receive a referral fee. Our rankings and scores are based solely on our published scoring method and are not affected by referral fees.
Common questions about home & property insurance
- How much does home insurance cost in Toronto?
- It depends heavily on the home's age, location, roof and plumbing condition, and coverage limits. Older homes in flood-prone areas or with knob-and-tube wiring typically cost more to insure than newer builds. Getting quotes from two or three brokers is the only reliable way to know your actual price, since insurers weigh risk factors differently.
- How often should I review my home insurance policy?
- Review it every year at renewal, and any time you renovate, finish a basement, add a rental unit, or buy new high-value items. Underinsuring after a renovation is a common reason claims get reduced or denied.
- What should I expect when filing a claim?
- Expect to document the damage with photos, get repair estimates, and work with an adjuster assigned by your insurer. A broker who stays involved after the sale, checking in during the claims process, is usually a sign of good service rather than a broker who disappears once the policy is sold.
- How do I judge whether a broker or agency is good?
- Look at how clearly they explain exclusions like sewer backup and overland flood, whether they ask specific questions about your property instead of just quoting a generic rate, and what past clients say about claims support rather than just initial pricing.
Guides to choosing home & property insurance
- What home insurance costs in Ontario and what drives your premium
What actually shapes a home insurance premium in Ontario: home type, size, claims history, and coverage choices, plus ways to manage the cost.
- A home insurance checklist for first-time buyers in Ontario
What first-time home buyers in Ontario need to arrange before closing: when to get quotes, what a lender requires, and what to double check at move-in.