Is The Co-operators home insurance the best for you?

James Rodriguez James Rodriguez updated on 2022-01-27

Home insurance is the best protection you can buy for your home and belongings. It ensures that your most valuable asset, the roof above your head, is protected. Yet for many Canadians, choosing home insurance can be a difficult task. Whether you are a renter, live in a condo or own a house, It may seem like there are endless options and providers of what insurance is available to you. This can be confusing and hard to understand.

To put your mind at ease, this page answers your questions about The Co-operators home insurance. Read our review, get The Co-operators home insurance quotes and see how the competitors fare.

Our review of The Co-operators home insurance

We love how easy it is to obtain a quote, purchase a Co-operator's home insurance policy and make a claim online. There are interesting addtional coverage options available and presence of endorsements.

The Co-operators home insurance pros and cons:

Here is what HelloSafe thinks about The Co-operators home insurance.

Why The Co-operators may be right for you:

  • Wide-range of options and add-ons
  • iPhone app
  • Claims Cheque mailed to your home address
  • Interac electronic transfer for claims payments up to $10,000

Why The Co-operators may not be right for you:

  • Mobile app not available for android users

Coverage type

Homeowners

Condo

Tenant

Liability coverage

up to $3 million

up to $3 million

up to $3 million

Dwelling

up to insurance limit

Detached structures

15% of dwelling limit

Personal property moving coverage

30 days or until end of policy term, whichever occurs first

30 days or until end of policy term, whichever occurs first

30 days or until end of policy term, whichever occurs first

Identity fraud

up to $10,000

up to $10,000

up to $10,000

Personal property

up to replacement cost

up to replacement cost

up to replacement cost

Dishonesty of others

up to $5,000

up to $5,000

up to $5,000

Student property

20% of personal property limit

20% of personal property limit

20% of personal property limit

Family member's property in health care facility

up to $10,000

up to $10,000

up to $10,000

Money and cash cards

up to $500

up to $500

up to $500

Securities

up to $3,000

up to $3,000

up to $3,000

Bicycles

up to $2,000

up to $2,000

up to $2,000

Outdoor trees, plants, shrubs

5 or 10% of building or personal property limit

5 or 10% of building or personal property limit

5 or 10% of building or personal property limit

Comparison of The Co-operators home insurance plans

Take time to compare quotes and options before choosing home insurance with The Co-operators. Picking the right insurer can save you both time and money if you ever need to make a claim.

Compare home insurance plans

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What does The Co-operators home insurance cover?

The Co-operators offer tenant insurance which covers your personal belongings and legal liability. The condo insurance covers your personal belongings, legal liability and common area damage while the homeowners’ insurance covers your personal belongings, legal liability and the replacement or repair cost of your home.

Are you still unsure how home insurance works? Our home insurance guide has answers to your questions.

How much does an The Co-operators policy cost?

The price of home insurance coverage with The Co-operators depends on the property type, your coverage needs, the insurer, the amount and much more. Since no two properties are the same, no two home insurance quotes will be identical. The only way to know for sure is by requesting quotes and comparing.

How do I purchase a plan with The Co-operators?

To purchase home insurance on The co-operators, visit their website or call 1‑877‑374‑0234. You can also speak to your financial advisor to help in creating a suitable policy.

Before setting on The Co-operators home insurance, look around! You can quickly and anonymously compare prices from leading home insurance companies.

Compare home insurance plans

Personalized quotes in seconds

How much home insurance do I need?

Your home insurance plan should be enough to cover the replacement value of your residence and provide an additional $1,000,000 to $2,000,000 in personal liability coverage.

It can be difficult to find the policy that is right for you. It's important to find the balance between the value of your insured property, your risk tolerance and your budget. Your belongings should also be taken into account. You may prefer to save money and opt for a basic plan because you do not have many valuables in your apartment. On the other hand, someone with a large house full of valuables collectibles, antiques and electronics would appreciate the peace of mind afforded by a comprehensive plan with add-ons.

To put simply, how much home insurance you need is a balance between your budget, your risk tolerance and the value of your home and belongings.

How do I contact The Co-operators?

Contact The Co-operators at 1-833-631-4999 or 1-877-630-2667 (from Quebec)
The Co-operators mailing address is
151 North Service Road
Burlington, ON L7R 4C2

How do I file and make a claim with The Co-operators?

You can file a claim by logging into your The Co-operators online account or by calling or emailing your financial advisor. You can also call their claims centre on 1-877-682-5246 and 1-877-594-2667(Quebec). A claim representative will get in touch with you to get details of the loss.

How can I cancel my The Co-operators policy?

You may cancel your auto and home insurance policy at any time by contacting a License Insurance Representative at 1-800-387-1963. The unused portion of any prepaid premium will be refunded on a short rate basis, as per Statutory Conditions, with some exceptions.

Can I transfer my insurer policy?

If you have moved to a new property and wish to stay with your current insurer, contact them directly. You may even get a loyalty discount for staying with the same provider. Your rates will almost certainly change as the new property will have a different risk profile and value.

Home insurance plans are not transferable from a former owner to the new one. The new owner will need to contact an insurer about their new house, condo or rental.

Can I bundle together my home and car insurance?

Insurance bundling refers to purchasing multiple types of coverage from one insurance company, like home and auto insurance. Insurers often offer a discount if you purchase multiple plans from them. It can often save up to 15-20% versus getting home and auto insurance policies from separate companies.

Are you in the market for car insurance? Check out HelloSafe's car insurance guide to learn more and compare rates.