House Insurance in New Brunswick
Your house is more than just four walls; it’s where memories are made and futures are built. Whether you’re nestled along the picturesque coastline or in a bustling city neighbourhood, having the right house insurance in New Brunswick ensures your property and belongings are protected from the unexpected.
Discover why homeowners across New Brunswick trust Westland Insurance to safeguard their homes. Start your house insurance quote today!
Types of house insurance in New Brunswick
Condo insurance
Suited for condo owners, condo insurance protects your unit, what’s in it, and renovations and upgrades you might make. Made to complement your condo corporation’s insurance, it’s the protection you need to safeguard your investment.
Tenant insurance
While your landlord’s policy will protect the structure of your home, you’ll still want tenant insurance – also referred to as renters or contents insurance – to keep your personal belongings safe.
Insurance for rental properties
Get the proper protection for your rental property to safeguard your investment. Be covered for rental income loss, commercial use, and personal property you’ve trusted your tenants with (like yard maintenance equipment).
Cabin & cottage insurance
Protect your home away from home with a policy for your cottage or cabin. With specialized coverage, we’ll help you find the right policy for even the most remote locations.
Mobile house insurance
Mobile home insurance is similar to homeowner’s insurance but reflects the unique aspects of a mobile home. Policies offer typical coverages that ensure you can return to normal as quickly as possible.
House insurance in New Brunswick, explained
Home insurance is the safety net you need to protect your home no matter what comes your way. It covers the expenses to repair or place your home as well as the items in it, and offers liability coverage if you’re held responsible for someone’s injury on your property.
With extreme weather events happening more frequently across Canada, it’s more important than ever to have house insurance and ensure you have the right coverage. Tidal and ice surges are common in coastal areas, and pretty much all regions of NB are at risk of being affected by forest fires – that’s why many homeowners opt for peace of mind in the form of a comprehensive house insurance policy.
Basic house insurance policies typically include coverage for fire, water damage, wind, theft, and vandalism. Plus, choose from additional coverages you can add to your policy to level up your protection.
Dwelling coverage helps cover the cost of rebuilding or repairing your home’s structure in the event of an insured loss.
This protects your personal belongings inside your home. If they’re damaged or lost due to an insured loss, they’ll be repaired or replaced. Most standard house insurance policies with personal property coverage will protect them whether they’ve been damaged at home or anywhere in the world.
This provides protection for additional structures on your property, like a shed, guesthouse, or gazebo.
Provides protection if someone is injured on your property by covering legal costs if you’re held legally responsible. This will also cover you if you cause injury or property damage to others at home or anywhere in the world.
Relocation expenses will be covered if your home becomes unliveable due to an insured loss. This typically includes food, hotel or rental charges, and other costs you wouldn’t normally be responsible for while living in your own home.
Helps cover loss or damage caused by water that enters your home as a result of torrential rainfall, the sudden rising of a fresh body of water, or the sudden melting of snow or ice.
Covers damage caused by the escape of wastewater or sewage into your home.
Helps pay for the repair or replacement of service lines to your home. This coverage can include underground water and sewer piping, electrical service lines, and more.
Add this endorsement to avoid having your first house insurance claim impact your premium.
Get help through the recovery process if you or someone in your household is a victim of identity theft.
This covers common home equipment, such as heating and air conditioning systems, if they fail to operate due to mechanical or electrical failure.
If your home requires repairs, this coverage protects you for any improvements required due to updated by-laws.
You can add certain belongings to your policy for extra coverage – jewellery, fine art, expensive sports equipment. There are generally specific limits on standard house insurance policies to ensure your valuables are adequately protected.
Many homeowners opt to add personal cyber protection to their house insurance policy. With more elements of day-to-day life being online, it’s more important than ever to protect your personal information and digital identity.
What factors determine the cost of house insurance in New Brunswick?
How much you pay for house insurance in New Brunswick depends on the coverage you choose, the type of house insurance you need, and other factors, including:
Depending on its age, your home could be more at risk of a claim than others.
Your address provides insight into whether your area is prone to flooding, at risk of crime, and other common types of claims made. Its distance to services is also taken into account – your homes proximity to emergency services like a fire station or fire hydrant will affect your claims risk, and premium.
Some materials are more challenging to work with, could pose an increased risk, or increase the cost of repairs/replacement. The materials used during the construction of your home will inform the price of your insurance.
Your house insurance premium can be reduced when you’re eligible for discounts. Most insurance companies in New Brunswick offer discounted rates for things like consenting to a credit check, having a good claims history, and more.
Discounts on house insurance in New Brunswick
Mature customer
Customers 55+ can save more on house insurance.
Claims-free
Get rewarded for having a good house insurance claims history.
Monitored alarm system
Protect your home with an alarm system to deter break-ins and theft.
Renewal
Enjoy a loyalty discount when you stay with your insurance provider for multiple consecutive years.
Mortgage-free
No mortgage on your home? Get an extra discount on your house insurance coverage.
Multi-line
Bundle your home and car insurance with the same provider for added savings.
Water leak detection device
Get ahead of water damage with a leak detection device.
Get coverage that goes further with Westland Insurance
Why choose Westland for your house insurance needs?
Expert advisors go above and beyond
Our advisors go the extra mile every step of the way and do the legwork to provide personalized house insurance coverage in New Brunswick to suit your lifestyle.
Our extensive network of insurers means more choice
We have a large network of insurers we can tap into - guaranteeing great rates and options - so you know you’re not missing out.
We work hard to make things simple
Whether finding the right house insurance coverage or navigating a claim, we keep things simple and use language everyone can understand.
Example of a house insurance claim in New Brunswick
You come home after a long day to find your home flooded. The floors are soaked with wastewater, your furniture has been ruined, and the water accumulated in your home is ankle-deep. What now?
Your house insurance may spring into action, with different parts of your policy stepping in to help:
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Additional Living Expenses
It’s unsafe for you and your family to stay in a house with wastewater and potential water damage, so you’ll need to find alternative living arrangements. The cost of a rental, hotel room, food, and other living expenses will be covered while your home’s being repaired.
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Building/dwelling
Damage to your home’s structure may be addressed and repaired to make things safe for your family again.
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Personal Property coverage
Damaged items – like furniture, clothes, and electronics – that need to be repaired or replaced are typically covered under your Personal Property coverage.
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Sewer Backup
This endorsement usually covers water damage to the inside and structure of your home.
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Claims Forgiveness
You’ve had to make a claim due to the incident, but you can rest assured it won’t impact your premium when it’s up for renewal.
Connect with us
Our expert advisors are waiting to help you find the perfect home insurance policy.
Find a branch
Come in and speak to an advisor to get a customized policy made just for you.
Request a quote
Start an online quote at your convenience, and we’ll help you select a plan that works for you.
FAQs about house insurance in New Brunswick
While house insurance is not mandatory in New Brunswick, most financial institutions will require that you have a policy in place before issuing a mortgage.
The cost of house insurance varies depending on your home’s location, construction, and other factors. The best way to determine how much you’ll pay for house insurance in New Brunswick is to start a quote.
Many homeowners opt to include Sewer Backup and Overland Water coverage in their house insurance policy.
The cost of house insurance in New Brunswick is affected by risks your home may be vulnerable to, such as flooding and theft.
Standard policies usually include:
Dwelling coverage: Protects the structure of your home.
Personal Property: Covers your belongings, such as furniture and electronics.
Liability coverage: Protects you if someone is injured on your property.
Additional Living Expenses: Covers temporary living costs if your home becomes uninhabitable due to a covered event.
High-value items like jewelry, art, or collectibles may have coverage limits. For full protection, you may need to add a rider or endorsement.
You’ll need to inform your insurer; additional coverage may be required to protect against tenant risks.
For personalized advice and a quote on home insurance in New Brunswick, contact Westland Insurance today!
Buy house insurance in New Brunswick with confidence
Whether you’re shopping around for a new policy or want to review your current coverage, our advisors are here to help. From personal property insurance to dwelling coverage, we’ll get you the policy you need at a price you’ll love.
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