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Compare and purchase the best
home insurance rates in Newfoundland.

Compare and purchase the best
home insurance
rates in Newfoundland.

Get free & accurate quotes from Canada’s top home insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Get free & accurate quotes from Canada’s top home insurance providers. In just a few minutes, our quoter can unlock discounts that can have you saving hundreds of dollars a year on average.

Type of Coverage We Provide

Home Insurance
This provides coverage for loss and damage to your property and/or any assets.
Liability Coverage
Provides protection against a lawsuit resulting from damaged property or personal injuries.
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
Sewer Backup, Overland/Ground Water
These are optional coverages you can buy that protect you for water damage such as sewer back up and fresh water flooding.
Claims Forgiveness
This allows for the protection of your “claims free discount” in the event of your first claim.
Scheduled Items
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.
Comprehensive Insurance Coverage
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
Broad Coverage
When you purchase broad home coverage, it limits your contents coverage to only specific coverages, (ie. theft, fire, water damage, etc.)
Our Reviews

Comparing rates from Canada's leading Insurance Providers

Newfoundland home insurance rates vs. other provinces
Newfoundland & Labrador is in the top of the most affordable provinces to purchase a home in. Insurance however is on the higher end. Also being on the east coast there can be a lot of active weather. Make sure you have the right coverage at the right price. Start a free quote with us today and find out.


Average Rates

Newfoundland & Labrador  






Nova Scotia 


New Brunswick  


Prince Edward Island  




British Columbia 








Northwest Territories 


See how our customers save big on home insurance
At Surex, we’re dedicated to helping you find the right insurance for the best price. We do all the heavy lifting for you, so you can be sure you’re getting the lowest possible rate. Check out how we’ve helped these Newfoundland & Labrador homeowners save on home insurance.




Average Rate

Lowest Rate



Mount Pearl






St. John's






Conception Bay South





Home insurance FAQs

The cost typically depends on a number of factors including the construction of the home, updates to heating, electrical, plumbing, and roofing, chances of water damage, prior claims, and more. It’s best to budget approximately $800-2600 annually for home insurance costs, but again this will vary from person to person.

There are four basic types of home insurance you can get:

Comprehensive: This provides the most coverage and is the most expensive. It covers your home and its contents against all perils (except the ones specifically excluded from your insurance policy)

Basic or Named Perils - This coverage insures your home, contents and property for perils that are specifically named in your policy

Broad: This is coverage that is right in between a standard policy and comprehensive, covering your home against all risks (minus exclusions) and coverage for your contents against any named risks.

No frills: This provides minimal coverage, and is the cheapest. It is usually for homes that don't meet underwriting standards (doesn't meet normal insurance standards).

And of course, if you feel you need more coverage you can inquire about extra coverages (or endorsements) that will cover certain risks that can affect your area such as:

  • Overland flooding
  • Windstorm damage
  • Sewer backup

A licensed insurance advisor can offer home insurance quotes for you in Newfoundland. If you contact the broker channel they can provide you with more than one option, so you can see comparables in price and insurance coverage!

The cheapest 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.

How you can save money on home insurance?

Home insurance has many factors when calculating the rates.  Plus, every home insurance company underwriters risk differently, so that is why getting to compare quotes is important. Here are a few things to keep in mind:


Increase your deductible

Increase your deductible

This is the amount you pay towards an insurance claim, so by offering to pay a higher percentage of a future claim, your insurance company will decrease the cost of your premium. But, keep in mind you will be paying more out-of-pocket when, and if, you ever file a claim.

Bundle your insurance

Bundling always helps you save, whether it's your phone, tv, or internet! So, if you have a car, or any other insurable item, think about going with the same insurance company, who will most likely reward you with a discount!

Shop around

Always compare home insurance quotes to see what all your options are on similar policies. No two policies are the same, so comparing will let you choose what's right for you.

How it works

How it works

Get a personalized quote in minutes! We’ll help you compare multiple offers from Canada’s top insurers. Your dedicated advisor is here to help every step of the way.

Why Surex?

Why Surex?

Surex makes it easy to compare, purchase, and save up to 25% on your insurance needs. We shop the market for you, finding the best rate for the coverage you need.


Our Advisors

We’ll match you with a dedicated insurance advisor who can walk you through your options, answer your questions, and help you find the right coverage at the best price.

Surex Insurance Tips & Advice
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