Real Estate

home insurance is so expensive!

  • Last Updated:
  • Oct 14th, 2017 2:37 pm
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Sr. Member
Nov 2, 2014
874 posts
216 upvotes
Scarborough, ON
Wait a year or 2 from now. Home insurance rates will keep going up.
Banned
Jan 16, 2015
869 posts
84 upvotes
Toronto, ON
If your house burns down go onto one of the fund me site and the public will help you out.
Deal Addict
Apr 2, 2010
1276 posts
489 upvotes
GTA
WorldIRC wrote:
Jul 16th, 2015 12:34 am
I got quoted through INOVA (Costco). Dominion (Travelers) provided the best quote for me. They also kicked TD's butt on what I thought was a great rate for Auto (beat them by $1000 / year for Auto).
Bump, apologies :)

How has your experience been with Travelers so far? Do you just have them for home, what about auto.

Thank you
Member
Mar 30, 2017
265 posts
103 upvotes
indeed expensive, 2070 for my rental house
5/11/18: profit YTD -3.50%😥
Deal Addict
Jun 29, 2007
4083 posts
964 upvotes
seatiger wrote:
Oct 13th, 2017 11:00 pm
indeed expensive, 2070 for my rental house
For your rental, try sonnet. I couldn't believe how cheap they are when it comes to rental. 43.5% cheaper in my case plus sonnet lets you pay monthly without extra cost.

I have to look into this INOVA (Costco). Dominion (Travelers)
Last edited by Speedy1 on Oct 14th, 2017 12:16 am, edited 1 time in total.
Deal Addict
Jun 29, 2007
4083 posts
964 upvotes
Speedy1 wrote:
Oct 14th, 2017 12:16 am
For your rental, try sonnet. I could believe how cheap they are when it comes to rental.

I have to look into this INOVA (Costco). Dominion (Travelers)
Just got a quick quote from INOVA (Costco)/ Dominion (Travelers) via costco.ca

My current principal residence insurance: CDI/Belair $1,965
Sonnet $2,858
INOVA (quick quote) $2,418
Just got another INOVA (detailed quote), change to $2 mil liability and earthquake coverage (which is what I have now but not sure INOVA's earthquake deductible) $4,774

Somebody say INOVA is cheap??
Sr. Member
Feb 16, 2013
786 posts
715 upvotes
Toronto
rdecartus wrote:
Oct 14th, 2017 1:07 pm
https://ibb.co/m3sRwG

I am paying this much for a 4000 sq ft detached home in BC. Am I paying OK or too much?
Wow. Earthquake premium is yuge in BC.
I guess chit gets pricey when BC falls into the ocean with California.

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