Home Insurance In Moncton
The average price of home insurance in Moncton 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 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!
We've partnered with some of the best insurance companies in Moncton to provide you with 10 + quotes for you to compare and get the best quote and price for your situation! Let Surex find you the best Home insurance New Brunswick has to offer. Here is who we work with:
- RSA
- Pembridge
- Intact
- Travelers
- Wawanesa
- Aviva
- Economical
For Moncton 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 will 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 Moncton homeowners — just be sure to shop around and find a policy that’s affordable!
- Riverfront Trail
- Humphrey's Brook Trail
- Hall's Creek Trail
- Tidal Bore
- Magnetic Hill Zoo
- Centennial Park
- Catch 22
- Skipper Jack's Maritime Restaurant
- Little Louis'