When you purchase a home in Ontario, one of the most surprising early interactions you will have with your insurance broker involves the cost to insure the property. You might have just bought a detached home for $800,000, only to be told that the insurance company has calculated a replacement …

When budgeting for a home purchase in Ontario, most buyers fixate on down payments, land transfer taxes, and monthly mortgage commitments. However, one mandatory ongoing cost that frequently catches people by surprise is home insurance. Whether you are buying your first property or managing an investment portfolio, factoring in insurance …