Simple tips to find the right home insurance coverage


Regardless of whether you own or rent your home, the right home insurance helps ensure your space and your possessions are properly protected. These 4 tips will assist you in determining what type of coverage and amount of insurance is right for you.

1. Talk to a home insurance professional

Reach out to The Personal to get a no-obligation quote and discuss the type of coverage that best suits your needs. A licensed agent or advisor can walk you through your options and discuss ways that will help you reduce the cost of your premiums.

2. Inventory your belongings

You’ve spent time, effort and money acquiring the things you own, so it’s important that you have enough insurance to cover your belongings in case they are damaged or stolen. The value of your belongings will impact your premium so be sure to evaluate everything and estimate a value for each. Collect receipts if you have them or search online to determine an estimated value.

We recommend you do this once a year to document new purchases and to ensure you have enough coverage to keep up with inflation. Include difficult to replace items on your list such as collectibles, family heirlooms and artwork.

3. Assess your location

Where you live will impact your premiums and in some cases the type of insurance coverage you need. Why? Some areas are more prone to natural disasters than others and therefore require different coverage to be properly protected. For example, if flooding is frequent in your area, it may be necessary to have additional coverage. An insurance professional will factor this in when providing you with an estimate but it’s good to know what some of the potential risks affecting your property may be.

4. Ask about discounts

Insurance companies factor in several variables when calculating the cost of your home insurance, including your location, the age of your home and the condition it’s in. Other factors may include whether you live or work on the property, your claims history, whether you have a mortgage, and the value of your belongings. However, there are often ways you can reduce your premiums or qualify for additional discounts.

If you have a claims-free history with previous insurers or you have multiple policies with the same insurer you may qualify for a discount. Installing fire or security alarms, or water-damage prevention measures like automatic shut-off systems can also help reduce your premiums.

Get a Quick Quote & Lock-In a Great Rate


Even if your current home and/or auto insurance isn’t expiring soon, you can lock-in a great rate right now! Get an insurance quote and, if you agree to purchase the coverage, you can lock-in this quoted rate for when your current insurance expires—up to 12 months away (certain conditions apply).

Plus, you’ll also receive The Personal’s Identity Theft Assistance free when you insure your home with them. So, if your identity is ever stolen or you suspect that it may have been, you can access legal and psychological support to: get advice on how to prevent identity theft, ask questions about identity theft, and get help to recover your identity¹.

You can learn more about the CDSPI Home Insurance Program, or contact a licensed advisor at The Personal at 1.877.277.7230 to get a quote.

* The CDSPI Home & Auto Insurance Program is underwritten by The Personal Insurance Company and distributed by CDSPI Advisory Services Inc.

The CDSPI Home & Auto Insurance Program is subject to certain conditions, limitations and exclusions. Products, services, savings and discounts are subject to eligibility conditions and may vary by jurisdiction. Rates and discounts are subject to change without notice. The CDSPI Home & Auto Insurance Program is not available to residents of Quebec. Auto insurance is not available to residents of Manitoba, Saskatchewan and British Columbia due to government-run plans. The terms and conditions of the coverages described are set out in the insurance policy, which always prevails.

¹ Identity Theft Assistance provides a service only; it does not cover any financial losses.