Is every homeowner required by law to have home insurance?

Home Insurance

MARCH 15, 2012

Is Every Homeowner Required by Law to Have Home Insurance?

Those who have paid their house in full, without any financial assistance or mortgage, are not required to buy home insurance. But remember, this can put your home in a high-risk in the event of an unfortunate circumstance occurring.

Recent insurance articles:

Nov 27, 2023 Ontario G2 licence requirements and restrictions Ontario G2 licence requirements and restrictions

Nov 20, 2023 How your Ontario driver licence type affects auto insurance rates How your Ontario driver licence type affects auto insurance rates

Nov 16, 2023 Your guide to mass evacuation coverage for home insurance Your guide to mass evacuation coverage for home insurance

Oct 30, 2023 Your guide to OPCF 44R and SEF44: Family Protection Coverage Your guide to OPCF 44R and SEF44: Family Protection Coverage

Our Users Say

1,989 reviews on TrustPilot. See some of the reviews here.

Patient and courteous interaction plus… Patient and courteous interaction plus fair & reasonable insurance rates were presented.

2 days, 23 hours ago

MANUEL ARGUELLES

Great customer service Great customer service

4 days, 20 hours ago

Mayblin Cameron

Great sevice Great sevice. Actually I’ve the beat quote but it’s not yet the proper time to switch as there would be penalties. Anyway I would be calling the broker on proper time. Once again, thank you very much. Felipe

5 days, 17 hours ago

Felipe Arlos

Expert approach Fast and easy approach

1 week, 2 days ago

Alexander Feldman

Everything was good customer service… Everything was good customer service was good broker help me and explain about what I need to buy

1 week, 3 days ago

Sharzad

Khyati Chachra was very helpful Khyati Chachra was very helpful. Unfortunately, the guidelines she has to work with are too rigid. Because I live half a block into Scarborough I am penalized despite an accident free record of over 60 years and end up paying much more than my friends. There appears to be no negotiation.

1 week, 6 days ago

Gary Oliver

It’s a great site. It’s a great site to get quotes from different insurance companies.

2 weeks ago

Maurice P

As usual As usual, they’re fast and efficient!

1 month ago

perry tonus

Each rep I talk to was excellent to… Each rep I talk to was excellent to speak with

1 month, 1 week ago

David McLean

Sarah was a wonderful broker who gave… Sarah was a wonderful broker who gave me the required information to make an informed decision. I was impressed with her friendliness and her willingness to secure the best rate.

1 month, 1 week ago

Heather Hunter

I had a great experience for my auto… I had a great experience for my auto insurance with your sale broker Matt Hartstone. He is very professional and made a great deal for me. I definitely recommend him/InsuranceHotline.com to my friends.

1 month, 2 weeks ago

Zhe Lu

Easy to obtain quotations Easy to fill in requested information and received quotations. The lowest quotation is much better than my upcoming renewal.

1 month, 2 weeks ago

DaveT