Cheapest Home Insurance in Canada
Discover 4 deals available this month.
1.Aviva Home Insurance
Aviva Home Insurance offers competitively priced home coverage in Canada, with rates around the national average of $83 per month. Specific quotes include $99/month for a detached home in Scarborough and $85/month for a townhouse in Edmonton with no claims.
View Deal →Offering reliable coverage with competitive rates near the national average, Aviva stands out for affordability and consistency across different Canadian markets. Its range of quotes demonstrates flexibility for various home types and locations.
Pros:
- Competitive pricing close to the national average of $83/month
- Affordable quotes for different home types, including $85/month for an Edmonton townhouse
- Reliable coverage options available nationwide
Cons:
- Rates can vary significantly by location, from $85 to $99 per month
- Limited detailed information on additional coverage features
- No mention of discounts or customizable options in the provided data
2.Rates.ca Cheapest Quote (Scarborough, ON)
In March 2026, Rates.ca offers a detached home insurance quote in Scarborough, ON at $99 per month or $1,192 annually, which is notably below the national average. This pricing provides an affordable option for homeowners seeking coverage in the area.
View Deal →At $99 a month, this Scarborough quote stands out for those wanting cost-effective insurance for detached homes without sacrificing reliability. It strikes a balance between affordability and decent coverage in a competitive market.
Pros:
- Monthly rate of $99, significantly below average pricing
- Annual cost of $1,192 offers budget-friendly coverage
- Specific to detached homes in Scarborough, Ontario
Cons:
- Price slightly higher than some townhouse quotes in other regions
- Limited details on coverage features beyond pricing
- No mention of discounts for claims-free history or bundled policies
3.LowestRates.ca Edmonton Townhouse Quote
LowestRates.ca offers home insurance for a 1,016 sq ft townhouse in Edmonton at $85/month or $1,016/year with no claims history. This is among the lowest rates available in Canada as of March 2026.
View Deal →At $85 monthly, this Edmonton townhouse insurance quote provides one of the most affordable options on the market right now. It’s a solid choice for homeowners with a clean claims record seeking budget-friendly coverage.
Pros:
- Lowest rate found at $85/month or $1,016/year
- Coverage tailored for a 1,016 sq ft townhouse
- Ideal for policyholders with no prior claims
Cons:
- Savings depend on having no claims history
- Quote specific to Edmonton townhouses, may not apply elsewhere
- Limited pricing details beyond base rate and size
4.MyChoice Stratford Base Coverage
MyChoice Stratford Base Coverage offers home insurance at an average cost of $88 per month, totaling about $1,053 annually, which is lower than the average for Ontario. It provides basic residence coverage suitable for budget-conscious homeowners.
View Deal →For those seeking affordable basic home insurance in Ontario, MyChoice Stratford stands out with rates below the provincial average while maintaining standard coverage.
Pros:
- Average monthly cost of $88, below Ontario's typical rates
- Annual base residence coverage priced around $1,053
- Suitable for homeowners looking for essential protection without extras
Cons:
- Coverage limited to base level without additional options
- May not include advanced or specialized protections
- Pricing and coverage details limited compared to other providers
Final Words
To secure the cheapest home insurance deals this March 2026, you should take time to compare options like Aviva, Rates.ca, LowestRates.ca, and MyChoice to find coverage that fits your budget and needs. By checking current offers regularly, you ensure your home is protected without overpaying.
Frequently Asked Questions
Aviva Home Insurance offers competitive and reliable home coverage with rates around the national average of $83 per month. It is recognized as one of the most affordable options for Canadian homeowners looking for dependable insurance.
A recent March 2026 quote for a detached home in Scarborough, ON, with Aviva Home Insurance was $99 per month. This rate is competitive compared to other providers and reflects their affordable pricing.
Aviva's pricing is competitive nationwide, generally around the national average of $83 per month. However, specific rates can vary based on location and home type, as seen with the $99/month quote for Scarborough.
The national average for home insurance in Canada is around $83 per month. Prices can vary depending on factors like home type, location, and claims history.
Rates vary by city; for example, a townhouse in Edmonton was quoted at $85 per month, while a detached home in Scarborough, ON, had a quote of $99 per month. Location and property type significantly influence pricing.
When comparing deals, consider coverage levels, monthly premiums, claims history, and home location. Checking multiple quotes from providers like Aviva, Rates.ca, and LowestRates.ca can help find the best price and coverage balance.
