We’re proud to work with Oakville homeowners to help you find the best home insurance rates in Ontario. When it comes to protecting your home, we take the time to understand your specific needs and lifestyle.
As Oakville residents ourselves, we know exactly what type of coverage you’ll need to keep your home safe from unpredictable Ontario weather and unexpected damage or even the growing risk of theft in our city.
Over the last 10 years, our experienced team of home insurance brokers has been helping Oakville residents get the most reliable insurance solutions. Whether you own a house, a condo, or multiple properties, we’ll make sure you get the right coverage to fit your unique situation. For those with high-value homes, we understand the need for specialized coverage to ensure your property is protected at its true worth.
Contact us today and we’ll help you find a home insurance policy that checks all your boxes so you won’t have to think twice about home insurance ever again.
Levels of Home Insurance Coverage In Oakville
In Oakville, Ontario, home insurance isn’t mandatory by law, but it’s highly recommended to protect your home, personal property, and financial security. With Oakville’s average home price fully exceeding $1 million, especially in sought-after neighbourhoods like Old Oakville and along the lakefront, protecting your investment becomes essential.
Whether you’re in a historic home, a modern townhouse, or a luxury estate, home insurance is necessary in the event of unexpected damage or loss. Here’s an overview of the main types of home insurance coverage that can help keep your property and belongings secure:
Comprehensive: This offers the most protection, covering both your home and contents against all risks, except for a few exclusions. You can usually add options like flood, earthquake, or sewer backup if needed.
Named Perils (Basic): This covers only the specific risks listed in the policy. If something isn’t mentioned, it won’t be covered.
Broad: This provides full protection for major things like the structure of your home, but only covers personal belongings for the named risks listed in the policy.
No Frills: This is the most basic type of coverage, often for homes that don’t meet regular insurance standards. If you fix up some of the property issues, you can usually get better coverage in the future
Types of Home Insurance Coverage For Oakville Residents
Homeowners Insurance
Homeowners insurance is the most common and comprehensive coverage for Oakville residents. It protects the structure of your home, personal belongings, and provides liability coverage if someone is injured on your property. Whether your home is a classic Oakville property near the lake or a modern build, this coverage helps protect against risks like fire, theft, and vandalism.
Condo Insurance
If you own a condo in Oakville, condo insurance is necessary. While your condo association’s insurance will cover the exterior and common areas, you’ll need to protect the interior of your unit, your personal property, and any potential liability. Condo insurance is crucial for protecting your space from water damage, fire, and theft.
Luxury Home Insurance
Oakville is home to many luxury estates, especially along the waterfront and in the prestigious Morrison and Old Oakville neighbourhoods. Luxury home insurance is tailored to high-value properties, offering higher coverage limits and specialized protection for luxury items like fine art, jewelry, rare antiques, and designer furniture.
Cottage Insurance
This coverage protects your vacation property from risks like fire, smoke, water damage, storm damage, and vandalism. Whether you have a cozy cottage, cabin, or a larger country retreat, cottage insurance ensures your property is protected, even when you’re not there.
Home-Based Business Insurance
If you operate a business from home in Oakville, it’s important to get home-based business insurance. Your regular homeowners insurance may not cover business-related risks, such as equipment damage or liability for clients visiting your home office. This policy extension helps protect your business assets and ensures you’re covered in case something goes wrong.
Personal Valuables Coverage
Oakville residents often have valuable personal items, from fine jewelry to rare art and collectibles. Personal valuables coverage ensures these items are fully protected for theft, fire, or accidental damage. Standard home insurance policies may not cover these high-value items, so additional coverage ensures they’re secure.
Contents Insurance
Contents insurance protects the belongings inside your home, including furniture, electronics, clothing, and appliances. If something were to happen to your possessions due to fire, theft, or another disaster, this coverage helps with the cost of replacing your items.
Water Damage Coverage
With Oakville’s proximity to Lake Ontario and its cold winters, water damage coverage is something you’ll want to consider. This protects your home from damage caused by flooding, burst pipes, or stormwater. It’s especially important during the winter months when heavy snowfalls and melting snow can lead to ice dams or leaks in your roof. Whether it’s rain or snowmelt, this coverage helps protect your home and belongings from potential water damage.
Personal Property Coverage (All Risks)
Personal property coverage (also called all-risks coverage) covers your belongings against almost any type of risk, including theft, fire, and accidental damage. This is ideal if you have valuable items like electronics, furniture, or antiques that you want fully protected.
Guaranteed Building Replacement Cost
In the unfortunate event of a total loss, extended replacement cost coverage ensures that you have enough funds to rebuild your home, even if the cost of construction exceeds your policy’s limits due to rising material costs or inflation.
Single Limit of Insurance
Many policies also carry a single limit of insurance, this can combine the values of your building, contents and other features to ensure you have adequate coverage for replacement. Both the single limit and guaranteed building replacement cost clause are good features to chat more with your broker about!
Umbrella Insurance
Umbrella insurance provides additional liability coverage on top of your existing home insurance policy. It’s especially helpful for Oakville homeowners with large estates or those at higher risk of facing lawsuits. This extra coverage helps protect you from major financial losses due to accidents or legal claims.
Own a property and need landlord insurance as well? We offer customizable landlord insurance options for your needs.
Average Cost of Oakville Home Insurance
The average cost of home insurance in Oakville is $80-$110 a month or $960-$1,320 a year. This depends on the rebuild cost of your home more so than the value of your home or real estate cost. The rebuild cost is what determines the price of your premium. This is less than other cities in surrounding areas including Burlington and Mississauga. The exact cost of insurance for your Oakvile residence will still be based on your unique situation. Other factors that impact home insurance costs include location, construction, deductibles, and property usage.
Our team of home insurance brokers will help you determine the exact cost of your home insurance. Contact us now to learn more about your options.
How to Get Home Insurance in Oakville
Getting home insurance online with one of our brokers in Oakville is easy and straightforward. We offer coverage options that suit your specific needs, whether you live in a historic home, a condo, or have multiple properties. Oakville, with its upscale neighbourhoods, scenic parks, and strong local community, is a great place to call home, but like anywhere, it comes with its own risks. From unpredictable weather to the potential for older homes needing repairs, having proper insurance is key.
Our brokers understand the unique needs of Oakville homeowners and can help you find the best coverage at competitive rates.
We’ll ensure you’re getting the protection that fits your lifestyle and the specific needs of your home.
The process is easy. Contact us now and we’ll walk you through the process from reviewing your property and possessions to matching you with the best quotes.
Bundle your Home & Auto Insurance in Oakville

Bundling your home and auto insurance is a smart way to simplify your coverage and keep everything in one place. When you work with one of our brokers, we’ll make sure both your home and car are covered under a single policy, tailored to fit your needs. It’s all about convenience and ensuring your lifestyle is fully protected without the hassle of managing multiple policies.

Whether you’re balancing a busy family, work, or travel, we make it easy to keep everything under control. Helping you find the most convenient solution is our number one priority.
Interested in bundling? Reach out today, and let’s find the right plan for you.
Call James: (647) 966-7093
Work with James to ensure you get the best home insurance policy that meets your needs. With a seasoned expert on your side, you can discuss your unique situation and he can help lay out your options. Allow us to serve as your expert home insurance providers.