Compare the Best Home Insurance Quotes in London

Compare and save an average of $500* on London home insurance. Get a better rate.

Compare home insurance quotes from providers you trust

SGI - 2022.png
Pembridge - 2022.png

How to get your London home insurance quotes on RATESDOTCA

Compare quotes and save!


Tell us about your home

Answer some basic questions about your home. It won't take long!


Compare your quotes

See quotes from top insurance companies side by side.


Choose the right coverage

Find the right protection for your home and everything in it.


Secure your rate

Connect with the provider and secure your rate.

What people say about our quotes

Rating stars

Based on 5,875 reviews

 Trustpilot logo

How RATESDOTCA finds the best home insurance in London

RATESDOTCA works with home insurance providers in London to offer you the city’s best home insurance quotes. We quickly collect your information and use it to generate the top offers from each of our partners. Our service is fast, easy and free to use.

By comparing London home insurance quotes from several insurance providers in a single place, you can instantly assess the market and find the best policy to protect your London home.

London home insurance premiums vs. Ontario home insurance premiums
Annual premium Monthly average premium
Ontario’s average home insurance premium $1,283 $106
London's average home insurance premium $1,367 $114

According to our proprietary data, London’s average home insurance premium is slightly higher than that of other Ontario cities. A reason for this difference may be London’s proximity to the Snow Belt and its severe winters, which can cause issues such as overland water damage.

But you don’t have to worry just because most London homeowners have house insurance premiums on the high side. You can easily save on home insurance by comparing the best quotes from leading Canadian home insurance providers on RATESDOTCA. Comparison shopping will save you money and let you find the best policy for your home.

Frequently asked questions about London home insurance

Looking for home insurance in London, Ontario? Here’s what you may be wondering!

How much does house insurance cost in London?

The lowest average home insurance quote that homeowners in London received from RATESDOTCA in 2020 was $1,367/year, or $114/month. This is 6% higher than the provincial average of $1,283/year, or $106/month.

But just like how not all homes are the same, not every home insurance premium will be identical. Every home requires a personalized home insurance policy. As a result, insurance premiums will look different for each London homeowner, as the cost of home insurance depends on numerous factors, such as the property’s location, age, building materials and structure, and the homeowner’s previous claims history, to name a few. Your London home insurance premium may be lower or higher than the city average depending on such factors, as well as the type of coverage you choose.

Which company offers the cheapest London home insurance?

Looking for the cheapest home insurance provider in London? There’s no single company that offers the lowest standard rate for all homes in the city.

Each home insurance provider will assess your property risks in a different way, making it important for you to compare multiple providers in order to find the best deal.

What risks do homeowners face in London?

The city of London is on the perimeter of southwestern Ontario, which means that it faces risk from environmental factors, such as:

  • Extreme cold: During London winters, temperature drops can cause sudden burst pipes in your home. Burst pipes can result in extensive water damage that’s expensive to fix, and it is therefore recommended you ensure this coverage is a part of your home insurance policy. If it’s not already included, you may be able to add it as an add-on.
  • Overland water: Every year, London experiences medium to heavy snowfall due to its proximity to the province’s Snow Belt. The sheer amount of snowfall can cause overland water to enter homes and damage basements, running homeowners thousands of dollars in house repairs. Ask your insurer if they provide this coverage under your policy or as an add-on.
  • Earthquakes: London may not experience powerful earthquakes, but it still faces potential risk from earthquake damage. You may be able to add this coverage as an add-on, if it’s not already available under your policy.

What is not covered by most London home insurance policies?

When looking for home insurance, you’ll quickly realize that not all perils are covered under a standard policy. Even common perils, such as flooding and earthquakes, may only be included as add-ons. This is why it is important for homeowners to assess their property’s potential risks and add the necessary coverage to prevent financial losses.

The most common add-ons that London homeowners choose are extra liability coverage and overland water coverage. Consult your home insurance provider to find out more about the optimal coverages for your home.

How do I save on London home insurance?

Although London home insurance premiums may be higher than those in most Ontario cities, you can still save money on your home insurance premiums in a variety of ways.

  • Bundle auto and home: An auto and home insurance bundle can help you save 10-15% on both home and auto insurance. Ask your provider for more information on multi-line discounts.
  • Update your content coverage: Check if your content coverage is unnecessarily high. If your home does not contain goods equal to the total value covered under your policy, you can change your content coverage and instantly reduce your premium.
  • Take advantage of a no claims discount: Never filed a claim before? Ask your insurer for a claims free discount. If you have filed minor claims in the past, you may also be eligible for a claims forgiveness discount. Ask your home insurance provider for more information.
  • Upgrading your home: Does your home have old lead pipes instead of copper or plastic pipes? Is your roof leaking? Upgrading old and damaged areas will lower the probability you’ll have to file a claim. This will not only make your home safer, it will also lower your home insurance premium.
  • Retirees: Some home insurance providers in London offer special discounts for retirees. If you’ve retired, make sure you ask your home insurer if such a discount is available to you.
  • Increase your deductible: You can choose a higher deductible to instantly lower your home insurance premium. Ask yourself how much money you can afford to spend on sudden damages? This amount will help you decide on the ideal deductible.
  • Increase your home security: Installing a smart security system will help secure your home and lower your home insurance premium. Some examples include smart doorbell cameras and fire and burglar alarms that alert the authorities when the potential for damage or theft arises.
  • Install a backwater valve: Overland water is a common issue for London homeowners and results in thousands of claims every year. By installing a backwater valve, you can prevent sewage from flowing into your basement during a flood or seasonal snow thaw. This will reduce your water damage risk, along with your insurance premium.

Find the cheapest home insurance in London

At RATESDOTCA, we know how owning a home is a big investment, which is why it’s important to safeguard your property and its contents. Why not find the best home insurance policy and also save money? On RATESDOTCA, you can see the best home insurance quotes from more than 30 home insurance providers within minutes. And best of all, it’s easy and free! Find the cheapest home insurance in London today.

*Shoppers in Ontario who obtained a home insurance quote on RATESDOTCA from January to December 2022 saved an average amount of $500. The average savings amount represents the difference between the shoppers’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by RATESDOTCA. Excludes tenant and condo insurance.

Latest home insurance articles

The home inspection – whose responsibility is it?
At the end of the day, if this is going to be your home, you want to make sure that it’s in a livable condition before closing.
4 mins read
One third of homeowners aren’t sure if they’re adequately covered against extreme weather – but that number may be higher
Study finds many older homeowners woefully unprepared for extreme weather events.
8 mins read
How to cancel your home insurance policy
Here’s everything you need to know about cancelling your home insurance smoothly and responsibly.
5 mins read

Subscribe to our newsletter

Stay on top of our latest offers, relevant news and tips!

Thanks for joining!

You'll be hearing from us shortly - stay tuned.