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Whitby
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*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.
Ajax
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*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.
Terrebonne
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34,427 Canadians
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How comparing home insurance quotes works. Hint: it’s free!
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First, we need to know about you and your home. It only takes 3 minutes, and it’s 100% confidential.
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Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.
Home insurance news
*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.
Milton
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Home insurance news
*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.
Cambridge
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Home insurance news
*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.
Guelph
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Home insurance news
*Shoppers in Ontario who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes tenant and condo insurance.
Saguenay
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First, we need to know about you and your home. It only takes 3 minutes, and it’s 100% confidential.
Compare
Next, we’ll show you quotes from 50+ Canadian providers. It’s free, with no commitment.
Home insurance news
*Shoppers in Canada who obtained a home insurance quote on LowestRates.ca from January to December 2023 saved an average of 32% The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by LowestRates.ca. Excludes condo and tenant insurance.
What is a purchase plus improvements mortgage?
Sometimes referred to as a home improvement mortgage, a purchase plus improvements mortgage is a mortgage (the “purchase” part) with the cost of renovations (the “plus improvements” part) all rolled into one.
August 31, 2021
5-minute read
So you’ve found your new home and are ready to sign the documents. But the place needs a little work and you don't have quite enough money for repairs.
There is a mortgage that could work for you called the purchase plus improvements mortgage. Let’s take a look at what you need to buy your dream home and put in a new kitchen.
About the author
Renee Sylvestre-Williams is a finance and business reporter. In her more than 10 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, Canadian Business, the Toronto Star and Forbes. She also publishes a biweekly newsletter, The Budgette, where she provides financial education for single earners.
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The pros and cons of a collateral charge mortgage
A collateral mortgage is a type of readvanceable mortgage that enables you to borrow more money than the actual loan amount. This is extended to borrowers via a home equity line of credit (HELOC).
August 26, 2021
4-minute read
For homeowners looking to squeeze some more financing out of their mortgage without having to refinance, a collateral mortgage — sometimes referred to as a retail collateral mortgage — can help.
A collateral mortgage can provide additional peace of mind when finances are tight, but there are risks to consider.
About the author
Caitlin McCormack is a writer based in Toronto. Her work has appeared in MSN, Food Network, HuffPost, What to Expect, Today's Parent, and Mashable, among others. When she isn't writing, she's busy chasing after her two sons, testing out new recipes, and working on her century-old fixer-upper.
Read this next
August 27, 2024
Should you go with a fixed or variable mortgage?
Fixed-rate mortgages provide certainty, while variable-rate mortgages fluctuate. But there are pros and cons to each. Read more
April 27, 2023
What is a conventional mortgage?
The big benefit of a conventional mortgage loan is that you have immediate equity in your new home. Let's explore the in... Read more
March 30, 2023
What is a hybrid mortgage, and does it ever make sense to get one?
When it comes to selecting a mortgage, you're usually asked to choose between a fixed rate and a variable rate. But did ... Read more
browse categories
Eligibility guidelines for the first-time homebuyers’ tax credit
The government of Canada has instituted various programs designed to assist first-time homeowners entering the path to ownership. Among those is the first-time Home Buyers’ Amount (HBA), a tax credit.
August 22, 2021
4-minute read
Is there any topic as hotly discussed around Canadian kitchen tables as housing affordability? With the housing market in many of Canada’s biggest cities continuing to froth unnervingly, homebuying is an evergreen topic — most especially to those hoping to make their first step up the property ladder.
About the author
Navneet Alang is a technology and culture writer based in Toronto. He is the technology columnist at The Week, and his writing has appeared in the Globe and Mail, the Atlantic, New Republic, and many more.
