Cheap Oakville
Home Insurance

Do you own or rent a home in Oakville? Are you confused about why you are paying a lot for your home insurance policy? Although home insurance is important, there should be a way to pay a little less to keep the stress down. Luckily with isure by your side, we can help you find ways to lower the amount of money you pay for your Oakville homeowner’s insurance policy.  

1. Bundle your auto and home insurance: If you drive a car or motorcycle in Oakville, you can bundle that insurance policy with your home insurance to save up to 15%! Security systems: Installing security cameras and a burglar alarm could save money on your Oakville home insurance policy. 
2. Buying a newly-built home: Oakville is always expanding with new homes and neighbourhoods. Based on the materials used and location, you could save on your premium if you buy a newly-built home in Oakville. 
3. Proximity to a fire station: If your house is located close to an Oakville fire station, you could save on your home insurance. 
4. Non-smokers: If you don’t smoke, your insurance provider may provide you with a small discount.  
5. Graduate of a Canadian college or university: If you are an alumni of a certain educational institute in Canada, you may be eligible for a discount on your home insurance policy. Give isure a call today to see if you qualify! 

When calculating the amount you will pay for your Oakville home insurance policy, the insurance company will take into account a lot of different elements. Here is a quick breakdown of what generally goes into determining the cost of your home insurance: 

How your home was constructed: If your home was built using high-quality and expensive materials, then the insurance will be more expensive as those materials will need to be replaced in the case of irreparable damage. 

The type of home you own or rent: The size, age, and condition of your home will play a big role in determining your home insurance rate. The insurance for larger houses in Oakville will generally be more expensive than smaller homes, while newly-renovated homes will have a better rate than a home that is starting to break down. 

When you shop for homeowner’s insurance in Oakville, you will come across different types of home insurance policies. However, these can be updated with custom options. 

Standard or basic: A standard or basic home insurance policy will be the most affordable type of home insurance in Oakville, but it will only cover damage that occurs from the weather, including hail, wind, lightning, or fire. The perils that are covered in a standard or basic policy will be listed clearly and will only cover those specific perils. If you are looking for a basic home insurance policy in Oakville, give isure a call today! 

Broad: The coverage from a broad home insurance policy in Oakville will include everything in the standard insurance policy, as well as other perils, such as costs associated with vandalism and theft. It may also cover unpredictable events, like frozen pipes. Call an isure insurance broker to discuss the perils that are (and are not) covered in a broad insurance policy! 

Comprehensive: This is the most robust type of home insurance coverage available in Oakville because it covers almost every peril. A comprehensive home insurance policy is recommended for those who want almost any damage to their home to be covered.