Get Cheap Home Insurance in Calgary

Save an average of 30%* on Alberta home insurance when you compare quotes on

We do not operate in your province.

How home insurance works in Calgary

Home insurance protects Calgary homeowners financially if their home is damaged by a wide range of common perils such as fire and wind.

While no homeowner is required by law to have insurance many do for two reasons: the security it offers and because most lenders will only offer mortgages to insured properties.

Among the available home insurance products, homeowners must choose a policy type as well as decide whether they’d like to add coverage, in the form of endorsement, for additional security.

Regardless of policy type, each home insurance policy includes the following four aspects of coverage:

  • Additional Living Expenses: Provides compensation when the homeowner is forced out of their home due to damage from a covered peril. For example, if they must live in a rented condo while the home is being repaired after a fire, the cost of the rental will be covered by ALE.
  • Contents: Provides compensation for contents damaged by a covered peril.
  • Property: Provides compensation when the property is damaged by a covered peril, this usually includes damage to both the home and a garage.
  • Liability protection: Provides compensation if someone is injured, including coverage of medical costs as well as any legal fees. Also protects the homeowner financially if they unintentionally cause damage to someone else’s property.

When it comes to choosing a policy type, most providers offer three package types, described below:

  • Named perils: This policy type is also known as a basic policy. It protects against perils explicitly named in the policy.
  • Standard: This policy type is also known as a broad policy. It protects against damage from all perils as well as for some of the contents of the home.
  • All perils: This policy type is also known as a comprehensive policy. It protects against all perils to the home and contents, except those named as exclusions.

Beyond the coverage that a policy provides, homeowners can add protection in the form of endorsements. Some of the most common are outlined below:

  • Overland water: Offers protection against damage from water that overflows from a nearby waterway. Overland flooding is likely to take place following a rainstorm or a thaw.
  • Sewer backup: Offers protection against water that overflows from a drain or toilet. Sewer backup takes place during intense rainfalls when municipal sewer systems are overwhelmed, and water has nowhere to go but up through pipes that go into homes.
  • Earthquake: Offers protection if a home is damaged by the earth moving. Also protects homes against landslides.
  • Identity theft: Covers costs associated with having to replace identification if the homeowner’s identity has been compromised. It often can also offer compensation for wages lost while having to replace identification.
  • Mass evacuation: Covers costs associated with a government-mandated evacuation.
  • At-home business: Covers costs if an at-home business is compromised by damage from a covered peril. We recommend that homeowners who sell products or deliver services from an at-home business disclose this to their providers to avoid having a claim denied.

We've got hundreds of 5 star reviews

2,060 reviews on TrustPilot. See some of the reviews here.

Powered by TrustPilot

How to get the cheapest Calgary home insurance quote

Get multiple home insurance quotes in the time it takes to get just one


1. Enter Your Postal Code

Enter your postal code to begin!

2. Enter Your Information

Answer a few quick questions about yourself and your home.

3.Compare Your Quotes

Compare home insurance coverage and quotes from 30+ insurance companies.

4.Pick Your Policy

Pick the home insurance policy and company that's right for you.

Get Quotes Now

Average home insurance rate in Calgary

The 2022 average insurance premium for a home in Calgary was $2,486, according to RATESDOTCA Home Insuramap tool. This is about 6% greater than the provincial average in the same year: $2,339.

Calgary residents in the postal code region T3A paid had the most expensive premiums while those in the postal code region of T2X had the least expensive.

While it’s challenging to pinpoint what specific factor increases any home insurance premium, in general, flood risk has the most significant impact. In Calgary, the threat of forest fire, earthquake and landslides could also be factors that lead to more expensive premiums. 

Postal code regionAvg. 2022 premium
T2A through T2Z$2,495
T3B through T3Z$2,495

How does home insurance in Calgary compare to other Alberta cities?

The most expensive home insurance premium in Calgary is $3,085 postal code region in T3A 0A1. However, this premium is significantly greater than other premiums in the city and 20% more expensive than the premium for the tenth most expensive Calgary postal code region: $2,590 in the postal code region of T4S.

Other Alberta cities have higher home insurance premiums than Calgary. Here we outline some of them: 

RankCityAverage 2022 insurance premium
2Peace River$2,782
7Sylvan Lake$2,590

Factors that determine your Calgary home insurance premium

Location: A home’s location has a significant impact on its insurance premium. Homes that are close to a fire hydrant and in low-crime neighbourhoods are likely to be less expensive to insure because providers consider them at lower risk of being damaged by a covered peril such as fire or theft.

Flood risk: The premiums for homes located near water, or, in areas that have previously flooded will be more expensive to insure due to flood risk. Flood is named as an exclusion on most home insurance policies. To be protected against it, homeowners must add overland and sewer backup endorsements.

Dwelling type: Insurance providers are interested in knowing what type of home they’re providing a quote for as well as the quality of its construction. In addition to trying to determine risk, they also closely consider replacement cost. A large, newly built home is likely to be more costly to replace and as a result is likely to have higher premiums than a smaller, older home (assuming that the latter is in good repair).

Safety: Homes that are well-maintained and not likely to result in a claim due to disrepair will be less expensive to insure. Similarly, homes that are equipped with burglar and fire alarms as well as carbon monoxide detectors will have lower premiums because each helps mitigate the risk of damage from a covered peril such as fire.

Claims history: A homeowner with a history of filing home insurance claims is likely to pay a higher premium because insurance providers consider past behaviour a reliable indicator of future behaviour.

Top Calgary home insurance companies

CompaniesType of CompanyPhoneAddress
AvivaInsurance company1(403) 750-0600112 4 Ave. SW Suite 2100, Calgary, AB T2P 0H3
CAA InsuranceInsurance company1(403)240-53004700 17 Ave. SW, Calgary, AB T3E 0E3
LowestRates.caQuotes comparison1(855) 487-69111910 Yonge St. Suite 401, Toronto, ON M4S 3B2
Klassen Insurance Agency LtdInsurance brokers1(403) 271-960011012 Macleod Trail SE Suite 280, Calgary, AB T2J 6A5
RATESDOTCAQuotes comparison1(844) 726-0907360 Adelaide St. W. Suite 100, Toronto, ON M5V 1R7
Scoop InsuranceInsurance brokers1(866) 456-6620300 Lincoln St. Unit 22, Welland, ON L3B 4N4
Sharp InsuranceInsurance brokers1(877)218-20081331 Macleod Trail SE #300, Calgary, AB T2G 0K3
Westland InsuranceInsurance brokers1(403)508-11111111 Olympic Way SE #300, Calgary, AB T2G 0E6

Why use to compare home insurance quotes online?

There are lots of reasons to compare!


On average, shoppers save $300on home insurance comparing quotes with us.


In just a few minutes you can compare quotes from more than 30 insurers.


There's no catch or fine print; our service is absolutely free for you to use.


You're just a few quick questions away from your custom quote.


Your details are secure. Look for a locked padlock in your browser as well as https.


Your privacy is important to us. We never share your details without your consent.

*Shoppers in Alberta who obtained a quote on from January to December 2021 saved an average of 30%. The average savings percentage represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by

Frequently asked questions about Calgary home insurance

How can I find the cheapest home insurance quote in Calgary?

Finding the cheapest home insurance quote in Calgary begins with the simple task of comparison shopping. Our online tool is fast and free, offering homeowners dozens of quotes from the most-trusted providers in the country, in less than three minutes.

In addition to comparing quotes, there are many tactics homeowners in Calgary can use to reduce the cost of the home insurance:

  • Bundling: Homeowners who purchase all their insurance from one provider may be eligible for discounts. In the financial services industry, this approach is called ‘bundling’. The most common insurance bundle is auto and home insurance.
  • Customizing the policy: Homeowners can reduce their home insurance costs when they take the time to tailor their coverage so they’re only paying for what they need and nothing more. For example, a homeowner who doesn’t have expensive belongings and is keen for a low overall premium may opt for a basic/named perils policy that offers the least amount of coverage but also tends to be the least expensive.
  • Paying up front: Homeowners who can afford to pay upfront for the full-year term of an insurance policy may be able to save.
  • Improving the safety of the home: When homeowners can reflect that they’ve taken steps to mitigate risks to a home they may be able to save. Common tactics include installing fire and smoke alarms as well carbon monoxide monitors.
  • Being smoke free: Discounts may be available to homeowners who don’t smoke because insurance providers consider a house fire less likely.

How much is home insurance in Calgary?

The average premium for home insurance in Calgary was $2,486 in 2022, according to RATESDOTCA’s Home Insuramap tool. This is about 6% greater than the provincial average in the same year, $2,339.

Premiums vary considerably across the city with homeowners in the postal code region of T3A paying the most expensive premiums at $3,085 and those in the postal code region of T2X paying the least expensive premiums at $1,999.

Because of how many factors go into determining a rate, it’s hard to identify which one is driving up a premium. Rates tend to be higher in neighbourhoods that are vulnerable to perils such as flood, earthquake, landslide and forest fire.

Since each have affected city residents in the past, we recommend that Calgary homeowners seriously consider adding endorsements to their policies so that their homes are adequately protected.

What kind of risks do Calgary homeowners face?

Damage to Calgary homes from severe weather is a significant risk. The city has experienced historic storms, floods and fires with record payouts for insured damage, according to the Insurance Bureau of Canada. For example, three of Canada’s top ten highest loss years on record were due to severe weather in Calgary.

Since flood protection is an exclusion on most home insurance policies, we encourage Calgary homeowners to add water protection to their policies. This can be done by adding overland water and sewer backup endorsements. Some providers offer this coverage in the form of a water protection package. To be certain of adequate protection, we recommend that homeowners take the time to carefully review what water protection they’re adding to their policies

Do I need to update my Calgary home insurance provider if I am running a short-term rental on Airbnb or Vrbo?

Yes. Homeowners who rent should alert their provider to avoid having a claim denied. In addition, it may be prudent to update a policy so that it includes adequate liability protection for a landlord, particularly if a renter is injured on the property.

How can I file a home insurance claim in Calgary?

As soon as a homeowner is aware of damage to the home, we recommend they contact their insurance provider. They will guide the process of filing a claim. In addition to clearly understanding the policy, the homeowner will have an advantage in the claims process when they’ve kept an inventory of their belongings. This can be done with a video and/or a spreadsheet that highlights each item as well as its value. There are also many apps that help homeowners inventory their belongings.

When purchasing a policy, a homeowner will have to decide whether they’d like to be financially compensated for the replacement cost or the item or its actual cash value. The former means that the homeowner will be compensated for the current value of the damaged item while the latter means that they’ll receive compensation for the current value. For example, if a homeowner who has opted for actual cash value loses their five-year-old computer in a house fire, they’ll receive compensation for the current value of a five-year-old laptop.