Home Insurance Oakville

Oakville is home to the most expensive house in all of Canada! Known as the “Crown Jewel”, it’s price tag was a staggering $59 Million!

Home Insurance in Oakville, Ontario

Oakville has a wonderful reputation in Ontario. If you ask any resident on the west side of Toronto, they will agree that Oakville is home to some gorgeous mansions. But the city is expanding very quickly. If you take a tour around Dundas and Trafalgar, you will see many new subdivisions rising which include entry level town homes and condos. Even the “entry level” properties in Oakville don’t come cheap.

If you currently own a home or are looking to purchase a property in Oakville, you will likely need home insurance. If you getting a mortgage, the finance company will require homeowners insurance as a part of the contract. If you have no mortgage, you can choose not to insure your home. 

Finding The Best Home Insurance

Assuming you do not want to take the risk of not insuring your house, your next step would be to select the coverages you would like. It is important to note that Sewer-backup and Overland Water (flood coverage) are optional and may not be included in many insurance companies basic plans. Depending on where you live in Oakville, some home insurance companies may not offer any water coverage if you live in a “high risk flood zone”.

Getting a Good Home Insurance Price

Once you have the coverages and correct endorsements selected, you can now compare what each insurance company is offering you. You will need to be very transparent with your house’s detail because if it is deemed that you misrepresented the application, a claim can be denied. 

The home insurance company will want to know certain details such as the size of the house, the finishings (custom or basic), number of bedrooms and washrooms, weather the basement is finished etc. It is very important that you provide as accurate information as possible so that your home is adequately covered. 

The most common route of getting a good home insurance price is by bundling it up with your auto insurance. This will give you a discount on both your home insurance as well as your auto insurance lowering both policies significantly. 


This is where a knowledgable Oakville insurance broker can help. If you would like to have your homeowners insurance policy reviews and see if there is currently a better rate for similar coverage, please call Filip Ambroziak at (416) 803-2113 or email filipa@pbnet.ca. We look forward to speaking with you! 


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