Home Insurance Cost in Canada: $1,526 a Year and Rising

Snow covered brick bungalow in Toronto, the kind of Canadian home whose insurance cost has risen since 2023

By the Find Insurance Canada editorial team · Published September 24, 2026 · Last updated September 24, 2026 At a glance Average home insurance cost: $1,526 a year for owner households, about $127 a month (Statistics Canada, 2023). With or without a mortgage: $1,595 with a mortgage, $1,436 without one. Rising, in numbers: the home […]