Home Insurance with TD Insurance

Protect your home and personal property with coverage that suits your needs. Most insurance policies set specific limits, but we have a better way:

Only TD Insurance offers the Million Dollar Solution®, so you can enjoy the flexibility of one overall amount of coverage for your home, belongings and additional living expenses. This covers the replacement or repair of your home and personal property. It also covers your extra living expenses, so you can stay somewhere comfortable if you can’t stay in your home due to a covered claim. Ready to get the coverage that’s right for you? Get a home insurance quote today.

Home Coverage for your house

It’s not just your house, it’s the place you call home. That’s why we cover:

  1. All risks: Covers your home and belongings against all causes of loss—except those directly mentioned as exclusions in your policy.

  2. Water damage coverage: Insurance coverage for a variety of interior water damage based scenarios including damage caused by the rupture of a heating, plumbing, sprinkler, or air conditioner system. Coverage also includes water damage caused by the escape of water from a domestic water container or appliance, like a dishwasher or a washing machine.

  3. Extended water damage coverage††: Additional coverage to cover damages as result of exterior water backing up from sewers or septic tanks, below ground water seepage through walls, foundations and basement floors and overland water from any stream or body of freshwater that enters your home.

  1. Rebuilding to code: Additional costs to repair or rebuild damaged portions of your home to code due to a covered claim.

  2. Personal liability: You’re protected in case a visitor gets injured on your premises, or if you’ve accidentally damaged someone’s property and have to pay for the damages.

  3. Additional living expenses: Includes additional costs for temporary accommodations so you can stay somewhere comfortable if you can't stay at home because of a covered claim.

  4. Legal and home assistance††: When you bundle your home and car insurance with TD Insurance, you get access to free over-the-phone legal advice and referrals to our pre-qualified network of home contractors.

††Automatically included, subject to eligibility.

Enhanced Home Coverage for your house

In addition to the coverage listed above, Enhanced Home Coverage offers even more protection for your loved ones, your home, and your personal property. Find out more details when you get a home insurance quote:

  • Family coverage : Protection for situations like cyberbullying and parents living in nursing homes.
  • Eco-efficient rebuild: Provides additional coverage above and beyond the cost of repairs to allow for eco-efficient upgrades following a covered loss.
  • Claim forgiveness : When your policy renews, your premium won’t increase after you make your first claim.
  • Enhanced limitations: Increases the amount of coverage for high-value items, such as fine art, wine, spirits, some collectibles, jewellery and more.

Boost your coverage with optional add-ons

Customize your Home Insurance to suit your unique needs and preferences with additional add-ons.

Ways to save on home insurance

  • Online Quote Savings

    Enjoy extra savings when you get a home insurance quote online.

  • Home Security Savings

    Get rewarded for having a connected alarm for water damage and theft or fire.

  • Multi-home Savings

    If you’re getting insurance for multiple homes, you can save.

  • Newly Built Home Savings

    If your home is a new build, you can get even more savings on insurance.

Find the right home insurance to suit your needs and your budget. Get started with our online quote tool to check out our competitive home insurance rates — you'll get your quote in minutes.

Frequently asked questions

1. How can you switch to Home Insurance with TD Insurance?
Start by entering your information online to get a TD Insurance home insurance quote in minutes. You’ll be able to complete your purchase on our website or choose to get in touch with a TD Insurance agent over the phone. If you have any questions, our team is ready to offer support every step of the way.

2. Can I save money if I insure both my home and car with TD Insurance?
Yes! In fact, customers who switched both their home and car insurance to TD Insurance saved an average of $940.4

3. Do I have to buy home insurance?
When you purchase a home, your mortgage provider will require you to have a home insurance policy in place before your closing date. A home is a big investment, and home insurance offers financial protection in the event that your home is damaged by fire, water, burglary, theft, or other covered events. While home insurance isn’t mandated by law the way car insurance is, it’s an important part of any financial plan.

4. What is “contents insurance”?
Contents insurance is a type of home insurance that covers the assets inside your home, rather than the home itself. We insure the contents of your home (your belongings) under our Homeowner Insurance, Tenant Insurance, and Condo Insurance plans. Those coverage options could help you to replace your belongings if they’re damaged or stolen from your home, your vehicle, or even while off premises, like if something happens to your laptop while you’re on vacation..

5. Does home insurance cover water leaks?
If you have a home insurance policy with TD Insurance, it’s likely that your coverage includes protection against sudden, accidental water leaks from your heating, plumbing, appliances, and more. However, you may want to purchase additional coverage, like Extended Water Damage Coverage or Above Ground Water Coverage, to help insure your home against water damage in a wider range of scenarios.

6. Is home insurance tax deductible?
No, you can’t deduct the cost of your home insurance policy from your personal taxes. However, if you’re a landlord you may be able to claim home insurance on your rental property.

Home insurance advice

Read more about home insurance tips & advice.

Condo insurance

If you own a condo, having condo insurance can help protect you against unexpected expenses. Where home insurance covers your entire property, condo insurance focuses on what’s in your unit, like personal liability, loss or damage to your personal belongings, or improvements to the unit itself. It can also cover damage to common areas, like shared expenses for major repairs for eligible loss assessments. We offer coverage for temporary living expenses too, if you’re unable to live at home while repairs are being made as a result of a covered claim.

Our Global Amount Coverage offers condo insurance coverage that’s specifically designed to fill the gaps left by your condo corporation’s insurance policy. Learn more about our condo insurance coverage.

Tenant insurance

Home insurance isn’t just for homeowners. Tenant insurance, also known as renter's insurance, covers your belongings, including your furniture, electronics, and jewellery, when you're renting. You'll also receive additional coverage benefits such as personal liability, additional living expenses and much more.

1 In order to be eligible for the Buy Online Discount for home or car insurance, you must meet eligibility requirements to buy home or car insurance online and complete your purchase of this insurance online. Note: You may not always be given the option to buy online. This may occur, for example, if information provided requires additional verification or if your purchase must be completed with an advisor based on your specific insurance needs. If you are unable to buy online, we encourage you to call and speak to one of our licensed advisors or let us call you!

Offers may be changed, withdrawn or extended at any time without notice.

2 10% Home Insurance Savings (not available in Quebec)
10% savings off eligible coverage in the first policy term is derived from a combination of two separate discounts:
- a 5% Digital Discount for completing the home, condo or tenant insurance quote online. This Digital Discount will continue to be applicable upon policy renewal.
- 5% Buy Online Discount in the first policy term for completing the home, condo or tenant insurance purchase online. Both the Digital Discount and Buy Online Discount are applicable to premiums charged for the base insurance policy and the following endorsements: Above Ground Water, Extended Water Damage and Fuel Overflow or Escape.

3 5% Savings on Home Insurance (Quebec only)
Home Insurance: A Buy Online Discount of 5% in the first policy term will be applied to premiums charged for the base insurance policy and the following endorsements: Above Ground Water, Extended Water Damage and Fuel Oil Overflow or Escape

4 Nationally, the 924 new TD Insurance customers who were surveyed between March 11th, 2022 to March 22nd, 2022 and August 7th, 2022 to August 17th, 2022 and who reported annual premium savings upon switching both their residential (home or condominium or tenant) and car insurance policies to TD Insurance reported an average annual premium savings of approximately $940.12. The survey sample consisted of new customers who switched both their residential and car insurance policies to TD Insurance between August 2021 to July 2022. It was conducted with a 95% confidence interval and produced a 3% margin of error. These survey results do not include customers in British Columbia, Manitoba or Saskatchewan. Savings amounts are not guaranteed; actual annual premium savings obtained nationally from switching both residential and car insurance policies to TD Insurance varies based on each customer’s individual insurance profile and province of residence. Certain conditions, limitations and exclusions apply to all offers. Please visit http://www.tdinsurance.com/save for more details.

The content on this page is for general information purposes only and does not constitute legal advice. Coverages described herein may be subject to additional eligibility criteria, limitations and exclusions. In the event you make a claim, potential indemnification is also subject to the receivability of the claim and the type of coverage you bought.

In the case of conflict between the content on this page and your policy wordings, your policy wordings shall take precedence Please speak to an Advisor or consult your policy wordings for further details.

Where applicable. Car insurance not available in British Columbia, Manitoba, or Saskatchewan.

Savings apply to premiums charged for base contract and the following endorsements: Above Ground Water, Extended Water Damage and Fuel Overflow or Escape.

Mailing address:
TD Insurance (Corporate Secretariat)
50, Place Crémazie
12th Floor
Montreal (Quebec) H2P 1B6"

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