Compare the best Moncton home insurance quotes & save today

Getting the best auto and home insurance starts by bundling them together to save up to 25% off your insurance premiums. 

How do I bundle? Well, it starts by comparing home and auto insurance in Moncton with us. Once you compare quotes and select the best price, we'll connect you with a broker who can walk you through bundling. This licensed broker can answer any of your burning questions and help you find further discounts, too. 

The best insurance companies feature excellent customer service, worthy endorsements worth adding to your policy (e.g. flood insurance), and low rates. Names like Aviva, Intact, and Economical may come to mind, but just because they have a big advertising budget, doesn't make them the best insurer for you. 

To understand which company values you most, compare home insurance quotes to see which ones give you the lowest rate. From there, know that most add-ons (like extra contents insurance) are available from most companies. Ask the broker about their experience with that particular insurance company for claims.  While it's rare for any one person to have the same claims experience, you can get a general idea from what that broker tells ya. 

The average price of home insurance in Moncton is $780, but it fluctuates on location and property. For instance, condo insurance will be half as much as home (but, prices are increasing as buildings age). Then, if you're a tenant looking for apartment insurance, expect to pay much less, roughly about $150 per year. 

Generally speaking, most things are covered. The real concern is around wear & tear. Know that a home insurance policy is not a maintenance plan. An insect or animal infestation, such as rats or carpenter ants, isn't covered because they could've been prevented with regular maintenance. As another example, furnaces and other appliances are only covered if an insured peril (i.e. risk) such as a lightning strike, and its resulting power surge, damages the furnace. 

Water is a tricky peril. A standard homeowners insurance policy only covers water from burst pipes. But if you have a sewer backup or overland water (e.g thawing snow, rising lakes) enter your property, unless you purchased add-on insurance, you won't be covered. 

Yes, if you’re unhappy with your rate or customer service, feel free to move on. However, before you do, it’s important to shop around for home insurance quotes, select your new provider, inform your old provider and ensure there are no coverage gaps while you transfer.

A home insurance peril is an unknown or accidental event. For instance, if your home is struck and damaged by lightning, creating a hole in your roof, there is no way you could have prevented it. But a home insurance policy is not a maintenance plan so if your roof has slowly degraded over time and now needs replacing, it is not a peril since its eventual replacement is expected.

Make a complete list of damaged or stolen items. Call your insurance provider as soon as you can and ask about what you’re entitled to, especially if you can’t currently live in your home as you may be entitled to hotel and food expenses. A claims adjuster will be in contact with you to fill out a proof of loss form. Ask about using your own contractor or if you’re required to use one they supply to repair the property.

A deductible is the portion of the claim you’re responsible for paying before the insurance company will pay the rest. A higher deductible, meaning you'll pay more than standard in the event of a claim, will result in lower premiums. 

Depending on when you cancel, there should be no charges to switch at the end of your contract. If you’re switching mid-term, you may incur some cancellation and administrative fees. If you’ve paid your premium annually, you may be entitled to a refund. For more details, read our blog on changing insurance companies.