REPORT: Home and condo insurance prices are rising across Canada
From climate change to the COVID-19 pandemic, many forces are currently affecting home insurance prices. Our data show that residential property insurance prices have mostly risen in the past year in Ontario, Alberta and B.C.
From climate change to the COVID-19 pandemic, many forces are currently affecting home insurance prices.
That’s why we’re introducing the LowestRates.ca Home Insurance Price Index. We want consumers to be quickly able to see how prices are changing and explain why. Our data shows that residential property insurance prices have mostly risen in the past year in Ontario, Alberta and B.C.— echoing a trend that has been observed in the industry for the past several years.
About the author
Jessica is the former Associate Editor for LowestRates.ca. Before joining the team, Jessica worked as a National Online Journalist with Globalnews.ca and previously spearheaded the launch of the Business Section at one of Canada's largest technology websites, MobileSyrup.