Compare and purchase the best home insurance rates in Fredericton.
Get free & accurate quotes from Canada’s top insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Types of coverage we provide
Protects you if you cause injury or property damage to others in an accident. Helps cover medical costs, legal fees, and/or repairs.
This provides coverage for loss and damage to your property and/or any assets.
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
These are optional coverages you can buy that protect you for water damage such as sewer back up and fresh water flooding.
This allows for the protection of your “claims-free discount” in the event of your first claim.
Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
When you purchase broad home coverage, it limits your contents coverage to only specific coverages, (ie. theft, fire, water damage, etc.)
Recent home insurance quotes in Fredericton
Save up to 20% by bundling your home and auto insurance
Our Reviews
Get the best rates from Canada's top insurance providers
Bundle Your Home & Auto To Save up to 25%!
Fredericton is the capital of New Brunswick and sits on the St. John river in Eastern Canada. It has a population of almost 60,000 residents, but can be a lot higher depending on the student numbers. Fredericton is a university city and home to the University of New Brunswick and St. Thomas University. The city is known for its historic Garrison District, an 18th-century British army base that is now home to artists' studios and an outdoor theatre. There's plenty to do and see in the city, from shopping, theatres, restaurants, and outdoor markets. The St John River provides an exciting way to see the city by canoe or kayak as well as an abundance of walking and biking trails. Fredericton is also known as the craft beer brewing town of Canada, with the highest concentration of breweries, meaderies, and cideries in Atlantic Canada! It is also home to the Harvest Jazz and Blues Festival - sounds like a great place to live!
Home insurance is not legally required in Canada, especially for those who have paid off their home. But, it is mandatory for those who need to get a mortgage. Since buying a home is one of the biggest investments people make, it's important to consider getting affordable home insurance from the top Canadian home insurance companies to protect the place they live, raise a family, and keep their belongings. These are all things that a homeowners insurance policy can cover and your dedicated Surex insurance broker can help with that.
Home insurance in Fredericton
The average price of home insurance in New Brunswick is approximately $780 per year or $60/month. But remember, your home insurance costs depend on a multitude of factors so it's best to prepare to pay more so you are not surprised when your online insurance quote comes back higher. For example, you may want some extra add ons for more coverage. So, it's best to have a range from $800-$1,500 to make sure you cover all your avenues!
The most affordable home insurance provider depends on how your situation fits into the formula companies create to evaluate policyholders. Comparing quotes with Surex will allow you to get the cheapest price on home insurance and get you the best insurance coverage for your situation.
For homeowners who hold a mortgage, having home insurance is a necessity. This is because banks and mortgage lenders want to know borrowers (i.e. homeowners) have a backup plan in case one of three unfortunate events happens: (1) something happens to the homeowner’s home (either repairable damages or a total loss), (2) someone is inadvertently injured while on the homeowner’s property, or (3) the homeowner accidentally causes damage to another person’s property. A basic home insurance policy with cover a homeowner in any of those three scenarios, and will — by extension — ensure the homeowner will remain financially fit to continue servicing their mortgage.
On the other hand, if you own your residence outright (i.e. you’ve paid off your mortgage), you are not required by any level of government in Canada to hold a home insurance policy. However, when you compare the cost of an annual insurance policy — usually somewhere in the $800 to $1,200 range — to the value of your home and its contents, it becomes clear that protecting your assets is a wise move. Surex strongly recommends home insurance for all homeowners — just be sure to compare insurance companies with the best insurance broker find a policy that’s affordable!
Compare 10+ quotes and
speak to a dedicated advisor
Underwriting Specialist
