Is ScotiaLife 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 ScotiaLife home insurance. Read our review, get ScotiaLife home insurance quotes and see how the competitors fare.

Our review of ScotiaLife home insurance

ScotiaLife offers homeowners, condo and tenant insurance. However they do not offer insurance for seasonal homes, landlords, or recreational trailer homes. Their website is user-friendly, with the standard and optional coverage clearly stated. You can also calculate and re-adjust your quote on the website based on your specifications.

ScotiaLife home insurance pros and cons:

Here is what HelloSafe thinks about ScotiaLife home insurance.

Why ScotiaLife may be right for you:

  • Online chat to attend to your queries
  • 24/7 claims services
  • Flexible premium payment options
  • Content coverage when you move

Why ScotiaLife may not be right for you:

  • Cannot purchase plan at a ScotiaBank branch
  • Mobile app not available

Coverage type

Homeowners

Condo

Tenant

Dwelling

Personal property

optional

Detached private structures

All risk coverage

Additional living expenses

Personal liability

up to $1-2 million

up to $1-2 million

up to $1-2 million

Umbrella coverage

optional

Specialty items

optional

optional

optional

Comparison of ScotiaLife home insurance plans

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

Compare home insurance plans

Personalized quotes in seconds

What does ScotiaLife home insurance cover?

ScotiaLife offers home insurance plans for homeowners, condo owners and tenants. The policy allows you to start with the basics and customize your insurance policy to suit your needs with the optional extras.

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

How much does an ScotiaLife policy cost?

The price of home insurance coverage with ScotiaLife 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 ScotiaLife?

To purchase a home insurance with ScotiaLife, visit their website or call:
1-833-224-7306.

Before setting on ScotiaLife 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 ScotiaLife?

Call ScotiaLife by calling 1-833-224-7306 to speak with an agent anytime from 8:00am to 6:00pm (Monday to Friday) and 9:00am to 5:00 pm
(Saturdays).

How do I file and make a claim with ScotiaLife?

You can file a claim online on the website or by calling 1-833-223-8743.

How can I cancel my ScotiaLife policy?

To cancel your policy, simply call your insurance representative.

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.