Home Insurance Built Around How You Actually Live.
Verdant Insurance helps Ontario homeowners, condo owners, landlords and tenants compare property insurance options from multiple insurers.
Whether you're buying your first home, reviewing an existing policy, insuring a rental property or combining home and auto insurance, our brokers can help you understand the coverage available for your situation.
Coverage for more than just detached homes.
Homeowners
Coverage options for eligible detached, semi-detached and townhome properties.
Condo Owners
Coverage for personal property, liability, unit improvements and other condo-owner exposures.
Tenants
Tenant insurance may help protect personal belongings, liability and certain additional living expenses.
Landlords
Insurance options may be available for eligible rental properties, depending on occupancy and insurer requirements.
First-Time Buyers
Buying your first home? We can help explain common coverage options before your closing date.
Existing Homeowners
Reviewing your current policy can help identify changes in your property, coverage needs or available insurer options.
Home insurance protects more than the building.
Depending on the policy, coverage may extend beyond the physical structure of your home.
Your home's insurance value is not the same as its market price.
The amount used to insure a home is generally based on the estimated cost to rebuild it after an insured loss, not simply the amount you paid for the property or its current real-estate value.
Construction costs, materials, labour, size, finishes and building characteristics can all affect the replacement-cost estimate.
Not every type of loss is automatically covered the same way.
Water Damage
Water-related coverage can vary significantly depending on the source of the water and the coverage purchased.
Sewer Backup
Sewer backup coverage may be available as an optional endorsement depending on the insurer and property.
Overland Water
Some policies may offer optional coverage for certain overland-water exposures, subject to eligibility and policy terms.
Renovations
Significant renovations can change the value, occupancy or risk characteristics of a property and should be disclosed to your insurer.
Home-Based Business
Personal home insurance may not fully address business property or liability exposures from operating a business at home.
Vacancy & Unoccupancy
Extended periods without occupants can affect coverage and should be discussed with your broker.
Insuring your vehicle too?
Some insurers offer multi-policy discounts when eligible home and auto policies are placed together.
A Verdant broker can compare available options and help determine whether bundling makes sense for your household.
Tenant insurance deserves its own coverage review.
A landlord's insurance generally does not insure a tenant's personal belongings or personal liability.
If you rent your home or apartment, visit our Tenant Insurance page for more information.
Property insurance for clients across Ontario.
Verdant Insurance is based at 675 Cochrane Drive in Markham and serves eligible homeowners, condo owners, tenants and landlords throughout Ontario.
Ontario Home Insurance FAQ
Is home insurance legally required in Ontario?
Home insurance is not generally required by law, but mortgage lenders commonly require borrowers to maintain appropriate property insurance.
What does home insurance usually include?
Depending on the policy, coverage may include the dwelling, personal property, personal liability and certain additional living expenses, subject to policy terms, limits and exclusions.
Does home insurance cover every type of water damage?
No. Water coverage varies depending on the cause of loss and the endorsements included in the policy.
Can I bundle home and auto insurance?
Many insurers offer multi-policy discounts for eligible clients who place home and auto insurance together.
Do condo owners need their own insurance?
Yes. The condominium corporation's insurance generally does not replace the unit owner's own coverage for personal property, liability and certain unit-owner exposures.
Does Verdant only provide home insurance in Markham?
No. Verdant is based in Markham and serves eligible clients throughout Ontario.
See what home insurance options are available to you.
Tell us about your property and a Verdant broker can review the available Ontario insurance options for your situation.