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Fredericton Home Insurance

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Home insurance = peace of mind 

Fredericton is the capital of New Brunswick and sits on the St. John river in Eastern Canada. It has a population of almost 60,000 residents, but can be a lot higher depending on the student numbers. Fredericton is a university city and home to the University of New Brunswick and St. Thomas University. The city is known for its historic Garrison District, an 18th-century British army base that is now home to artists' studios and an outdoor theatre. There's plenty to do and see in the city, from shopping, theatres, restaurants, and outdoor markets. The St John River provides an exciting way to see the city by canoe or kayak as well as an abundance of walking and biking trails. Fredericton is also known as the craft beer brewing town of Canada, with the highest concentration of breweries, meaderies and cideries in Atlantic Canada! It is also home to the Harvest Jazz and Blues Festival - sounds like a great place to live!

Home insurance is not legally required in Canada, especially for those who have paid off their home. But, it is mandatory for those who need to get a mortgage. Since buying a home is one of the biggest investments people make, it's important to consider getting affordable home insurance from the top Canadian home insurance companies to protect the place they live, raise a family and keep their belongings. These are all things that a homeowners insurance policy can cover and your dedicated Surex insurance broker can help with that.

Comparing rates from Canada’s leading Home insurance providers
Wawanesa Insurance
Pembridge Insurance
Intact Insurance
Jevco Insurance
Types of Coverage We Provide
Home Insurance

This provides coverage for loss and damage to your property and/or any assets.

Liability Coverage

This would provide protection against a lawsuit resulting from damaged property or personal injuries


A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.

Sewer Backup, Overland/Ground Water

These are optional coverages you can buy that protect you for water damage such as sewer back up and fresh water flooding.

Claims Forgiveness

This allows for the protection of your “claims free discount” in the event of your first claim.

Scheduled Items

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.

Comprehensive Coverage

When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.

Broad Coverage

When you purchase broad home coverage, it limits your contents coverage to only specific coverages, (ie. theft, fire, water damage, etc.)

Home insurance in Fredericton

The average price of home insurance in New Brunswick is approximately $780 per year or $60/month. But remember, your home insurance costs depend on a multitude of factors so it's best to prepare to pay more so you are not surprised when your online insurance quote comes back higher. For example, you may want some extra add ons for more coverage. So, it's best to have a range from $800-$1,500 to make sure you cover all your avenues!

The most affordable home insurance provider depends on how your situation fits into the formula companies create to evaluate policyholders. Comparing quotes with Surex will allow you to get the cheapest price on home insurance and get you the best insurance coverage for your situation.

For homeowners who hold a mortgage, having home insurance is a necessity. This is because banks and mortgage lenders want to know borrowers (i.e. homeowners) have a backup plan in case one of three unfortunate events happens: (1) something happens to the homeowner’s home (either repairable damages or a total loss), (2) someone is inadvertently injured while on the homeowner’s property, or (3) the homeowner accidentally causes damage to another person’s property. A basic home insurance policy with cover a homeowner in any of those three scenarios, and will — by extension — ensure the homeowner will remain financially fit to continue servicing their mortgage.

On the other hand, if you own your residence outright (i.e. you’ve paid off your mortgage), you are not required by any level of government in Canada to hold a home insurance policy. However, when you compare the cost of an annual insurance policy — usually somewhere in the $800 to $1,200 range — to the value of your home and its contents, it becomes clear that protecting your assets is a wise move. Surex strongly recommends home insurance for all homeowners — just be sure to compare insurance companies with the best insurance broker find a policy that’s affordable!

Best Breweries in Fredericton
  1. Graystone Brewing
  2. Grimross Brewing
  3. Maybee Brewing Co.
Top Restaurants in Fredericton
  1. Isaac's Way
  3. MOCO Downtown
Top Attractions in Fredericton
  1. Beaverbrook Art Gallery
  2. Fredericton Region Museum
  3. Odell Park

Fast, efficient and friendly service!

Deanna S. — Fredericton, NB

Natasha Livingstone was amazing to work with, very clear and quick! I was happy with the experience and to be able to talk to a person and not a machine was great too.

Tina L. — Fredericton, NB

Natasha was super helpful and patient as I was slow at responding to emails due to a new baby! She made sure everything was explained well and made sure my coverage was explained in detail!

Bryanne — Fredericton, NB

Natasha was amazing to deal with! She was quick to reply to any emails and was able to find me a policy within my budget! She made shopping for auto insurance a breeze!

Katie R. — Fredericton, NB

Natasha is amazing support. She was so pleasant, patient, and informative. She made everything a breeze and she put in a lot of effort to ensure we maximized coverage while minimizing price!

Carter D. — Fredericton, NB
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Have questions? We've got answers:

In rare cases, you can denied home coverage by the top Canadian home insurance companies. Usually, this would be due to risks that the insurance company deems to be too dangerous or potentially too costly. These risks could include severe and sustained weather conditions, compromised structural quality of the home, or extremely high neighbourhood crime rates. This is another reason why comparing coverage options on is so helpful — if you’re denied coverage by one company, we can help you get insurance online until you find a provider who will meet your needs.

Because all insurance companies offer different rates and different coverage types, it’s difficult to say who the top Canadian home insurance companies are. Your individualized property needs will dictate the right provider for you. Some of the most popular home insurance companies in Fredericton include Economical, Wananesa, Travelers, Royal Sun Alliance (RSA), Intact, Pembridge, and Aviva.


Home insurance typically comes in three forms: (1) Comprehensive or All Perils, (2) Basic or Named Perils, and (3) Broad. Comprehensive is the most complete form of coverage available, protecting your home against all threats (excluding those which require additional coverage — such as high-value items and water damage — and those specifically left off your insurance policy). Basic coverage protects your home and its contents against those threats that have been specifically added to your policy. Broad coverage is a combination of the previous two, protecting your property in a ‘comprehensive’ sense, and protecting your belongings in a ‘basic’ sense. Speak with a qualified Dedicated Insurance Assistant about what the best insurance coverage is for your property.

It doesn’t happen every time someone purchases a policy, but sometimes an insurance company will send an inspector to examine your property. Here are a few things they might request to look at: the condition of your roof, your home’s electrical wiring, your home’s plumbing (pipes older than 50 years are especially of concern), oil tanks for heating (these can cause costly problems, especially if they leak), and open fireplaces or wood-burning stoves (a specialized technician may need to inspect fire hazards for safety and proper installation).

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