Save up to 25% on home insurance in Saskatchewan with Surex
Finding the right home for you and your family is a difficult task as it is; why make it tougher by looking for home insurance by yourself? At Surex, we make finding home insurance in Saskatchewan a simple, frictionless task. We do this by offering high-quality home insurance products from the most reputable carriers in the country.
But, thatâs not the only way we make finding home insurance in Saskatchewan easy. Our team works fast; so fast that we can provide you with multiple home insurance quotes in ten minutes or less! So, what are you waiting for? Reach out to a Surex insurance advisor today to learn how we can help you save up to 25% on home insurance.
This provides coverage for loss and damage to your property and/or any assets.
This would provide protection against claims resulting from injuries, and damage to people and/or property.
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
These are optional coverages you can buy that protect you for water damage such as sewer back up and fresh water flooding.
This allows for the protection of your âclaims free discountâ in the event of your first claim.
Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded
When you purchase broad home coverage, it limits your contents coverage to only specific coverages, (ie. theft, fire, water damage, etc.)
Home Insurance in Saskatchewan â What You Need to Know
You will need the following information to ensure quote accuracy:
- Square footage of your home
- Year your home was built
- Details on any upgrades or modifications
- Your exact address
- Your personal home insurance claims history
In Saskatchewan, home insurance prices in Saskatchewan are determined by a few key factors:
- Insurance data - The home insurance carriers in your area, both city and province, will have compiled data over the years relating to the amount of home insurance claims in your area. If youâre fortunate enough to live in an area where there hasnât been many claims, then your home insurance rates will be lower, all things equal, compared to someone that lives in an area where there have been frequent home insurance claims.
- The value of your home - This is important as the company insuring your home will need to know the potential replacement cost of your home. Of course, they and you both hope theyâll never need to replace your home due to a claim.
- Your home insurance history - Home insurers are interested in your personal, prior home insurance claims history. If applicable, be prepared to share your most recent 10 years of home insurance history. If you donât have 10 years of home insurance history, youâll need to disclose however many years you have.
As an online insurance marketplace, our interest is earning your business through providing you the best home insurance rates and service. We know the top reason a person will switch their home insurance policy from one carrier to another is price. This is why our Surex Personal Assistantâs do all they can to find you home insurance discounts.
If you think you qualify for any of the following, be sure to mention it to your Personal Assistant!
- Good credit discount
- Mortgage-free discount
- Renewal discount
- Occupational discount
- Alarm/home security discount
- Bundle discount
- Claims-free discount
- Sewer back-up discount
- New business discount
- Flex discount
- Loyalty discount
- Age discount
- Smoke-free home discount
- Household discount
- Multi-lines discount
- Gated community discount
Depending where you live in Saskatchewan, some home insurance coverages might be required in a home insurance policy. For instance, if you live in an area that has high winds, windstorm coverage might be mandatory in a home insurance policy.
If youâre curious about other potential coverages you can add to your home insurance policy, that arenât required, your Surex Personal Assistant will be able to explain the benefits of adding coverage, as well as let you know how itâll impact your annual home insurance premiums in Saskatchewan.
- Personal home insurance history - The home insurer you choose to place your home insurance business with will need to know your past home insurance claims history. If applicable, theyâll need to know your most recent ten years of home insurance claims history.
- Bill payment history - The home insurer you choose to place your business with will need to know your history of paying your home insurance bills. If you have a good track record, youâll be able to choose whether you pay your annual home insurance premiums monthly or annually.
- Claims - This relates to the amount of home insurance claims insurers have had, or havenât had, in your area. If you live in an area with minimal claims, then your home insurance will be less â all things equal â compared to a home in an area that has frequent home insurance claims.
- Coverage - Depending on where you live in Saskatchewan, some home insurance coverages will be mandatory by the home insurer youâre looking to place your business with.
- Options - If a home insurance coverage isnât mandatory, then you can choose whether to add it to your home insurance policy or not. Again, we want you to have the exact home insurance policy to match your needs. This is why we donât do cookie-cutter home insurance policies.
- Deductible amount - The most common home insurance deductible amount in Saskatchewan is $3000. This is the amount you, the insured, would need to pay â out of your own pocket â to activate your home insurance policy, in the event of a home insurance claim.
- Upgrades - If you live in an older home in Saskatchewan and do certain upgrades, you can be eligible to lower your annual home insurance premium amount by up to 10%. These upgrades would include upgrading outdated electrical, upgrading your homeâs plumbing and/or installing a sump pump or backflow valve.
- Security system - If youâre considering securing your home with a certified home automation system, this is a great way to protect your family as well as become eligible for a home security discount. A home security discount can save you up to 10% off your annual home insurance premium amount.
As Saskatchewan's home insurance marketplace, Surex has partnered with the best home insurers in the territory, namely Aviva, Intact and RSA, so you can choose the most ideal home policy for you, from a reputable insurer.
You can customize your coverage:
Working with the top home insurers in Saskatchewan, we want you to be able to have the exact home insurance policy you want and need. Customize your home insurance policy to give you peace of mind that you and your family are properly covered in the event of a home insurance claim.
In Saskatchewan, there are two types of home insurance coverages to choose from; broad home insurance and comprehensive home insurance.
Broad home insurance:
Broad home insurance is the cheapest home insurance option available to you. Barring a peril being mandatory in your area of Saskatchewan, youâll be able to choose what perils you want to add to your home insurance policy. Perils include:
- Windstorm
- Hail
- Explosion
- Smoke
- Fire
- Vandalism
- Lightning
Comprehensive home insurance:
Comprehensive home insurance is the most extensive/expensive home insurance option available in Saskatchewan. Comprehensive home insurance includes the previously mentioned perils in a broad home insurance policy, with the option to include coverage for unintentional damages and the mysterious disappearance of property and content.
- Prince Albert National Park
- Fort Walsh National Historic Site
- RCMP Heritage Centre
- Wascana Centre Park, Regina
- Cypress Hills Interprovincial Park, Maple Creek
- Saskatoon Forestry Farm Park & Zoo, Saskatoon
- Malty National Brewing Corp., Regina
- 6Twelve Lounge, Saskatoon
- Tumblers Pizza, Regina
Do you have questions about home insurance in Saskatchewan?
Homeowners insurance in Saskatchewan protects you and your home in the event of a home insurance claim. If you didnât have homeowners insurance, then you would be held 100% responsible for any damages or loss.
If youâre actively paying off your homeâs mortgage or loan, there is an extremely high chance that homeowners insurance is required, as per your mortgage contract.
The amount you pay for homeowners insurance is dictated by a few things, including:
- The amount of home insurance coverage in Saskatchewan you choose to have
- The, potential, replacement cost of your home
- Home insurance data, specific to your area (city and province)
- Your personal home insurance claims history (if youâve had multiple prior home insurance claims, expect to pay more compared to someone that has a clean home insurance claims history)
If you have a history of paying your insurance bills on time, then youâll be able to choose whether you pay your annual home insurance premiums monthly or annually. If youâve had your home insurance cancelled in the past, due to non-payments, then thereâs a good chance the home insurer you choose to place your business with will require you to pay for your annual home insurance premiums upfront for the year.
Youâre at the exact right spot to get your home insurance in Saskatchewan! As soon as you start a quote on our online home insurance marketplace, youâll be assigned a Surex Personal Assistant to help you complete and set up your home insurance policy.
If you choose to add more home insurance coverage than what is required in your area, your home insurer will not stop you from doing that, if you choose. Rather than deny home insurance coverage, some insurers may make certain coverages mandatory. For instance, if you live in an area with high winds, insurers may mandate having windstorm coverage, as theyâve experienced a lot of windstorm claims in your area.
Home insurance coverage in Saskatchewan is not included in the closing costs of a new home. If youâre closing a deal on a new home and know the possession date, youâll want to get a home insurance policy effective for the first day you take possession of your new home. You can do this in advance of actually moving into your new home.