
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.