home renovation insurance Simplified

Get a home renovation insurance quote in 5 minutes.

Your time matters, and so does your stuff. Get a personalized home renovation insurance quote in 5 minutes. That's less time than it takes to wait in line for coffee.

Home renovation insurance that customers love and trust

Typically, it’s more challenging to insure homes under renovation. That’s not the case at Square One Insurance Services. We make it easy for you to properly insure your soon-to-be new home. In fact, your home renovation insurance policy with Square One includes guaranteed building replacement cost coverage and comprehensive protection.

And best of all, our policies are about $75/month. Continue reading to learn why Square One is right for you.

What our customers say
23,393
Verified reviews

Don't just take our word for it. Here are some of the reviews that contribute to our average rating of 4.7 stars out of 5. Want to read more? Visit our reviews page.

Easy peasy.

When I phoned, Alaina was super helpful to me as a first-time buyer and patiently explained anything I had questions about. Then I thought it was pretty cool you could customize it and mull it over online before purchasing.

Apr 14, 2021
Amy L. Vancouver, BC
Incredible, from start to finish.

I had the unfortunate experience of navigating a flood shortly after moving into our new apartment. It's supposed to be a pain in the rear to go through the claims process. It's confusing, it even feels a bit embarrassing—but the team at Square One (and their partners) were incredible to deal with. They made a really bad situation good(-ish). Super responsive, sympathetic to what happened, treated me like a human. I'm a customer for life ... if only they offered more than just property insurance!

Mar 2, 2021
Nathan J. Toronto, ON
Efficient and polite.

The people I dealt with were polite, understandable, and especially patient and clear in explaining options or choices. They were never pushy, patronizing or arrogant. It was a pleasure.

Feb 17, 2021
Stan B. Toronto, ON
So easy and thorough.

I literally set up new rental insurance at my new place in less than 10 minutes online. The questioning was easy, thorough and concise. I had my new policy by email just a minute after completing it online. Pricing was very fair with yearly and monthly payment options. Highly recommend!

Jan 15, 2021
Angela M. Edmonton, AB
Nailed it.

Had 7 minutes to get this done while riding the SkyTrain home and got it completed as I rolled into my stop. Kudos!

Dec 29, 2020
Cathal D. Vancouver, BC
Always great to deal with!

I called to transition my policy to another type. I was worried it would be complex and time-consuming. Instead, it was easy peasy, smooth, and everything was reviewed with me and all my questions answered. I'm always so impressed by Square One!

Nov 29, 2020
Linn V. Toronto, ON
Easy process and coverage that fits one's needs.

I asked quotes from a variety of providers, and after going through reviews and coverages, I'm glad I chose Square One. Whereas other companies automatically add coverage for things you might not need (jewellery, sporting equipment, etc.), Square One allows you to decide what you want covered and just how much you want the coverage and deductible to be. I'm feeling extremely comfortable moving into my new place with this policy... although I sure hope I never need to use it!

Nov 12, 2020
Carlos R. Toronto, ON
Super easy.

This is my first insurance policy purchase and it was super easy! I felt like everything was explained clearly and I understand my policy completely. And best of all, it took less than 10 minutes on my laptop to do!

Nov 12, 2020
Melinda M. Orleans, ON
Painless.

Such a painless process. Transparent and easy to follow along. I love picking and choosing the coverages that I want and seeing my payments adjust accordingly, instead of an agent telling me what insurance coverages I have and what I will be paying. I highly recommend Square One. My rate actually dropped from what I paid last year! Amazing.

Nov 4, 2020
Tim H. Calgary, AB
Extremely easy, should be industry standard.

After struggling with several brokers and insurance providers over the phone to get a reasonably-priced quote, I decided to give this one a try. Quick, easy, and very reasonable prices. No phone, just a simple form filled out online and a standard online payment. Proof of insurance ready immediately. All insurance should be this simple.

Oct 13, 2020
Alex K. Ottawa, ON
Different than other providers

Six reasons why you'll
love Square One

4.7 out of 5. That’s how customers rate Square One Insurance Services after writing 23,393 reviews. And with an A+ rating from the Better Business Bureau, people clearly love the way we’re changing home renovation insurance.

Digital platform

With Square One, you can get a quote, buy a policy and even submit a claim – all online, from the comfort of your own home. Quotes and policies are managed through your online account, but if you need help, expert assistance from one of our licensed insurance agents is just a webchat or phone call away.

Superior protection

All policies from Square One represent the highest level of protection currently available in Canada. We make it easy for you to protect your home against common perils (such as water damage and theft) and we even cover the costs of rebuilding your home to meet the latest bylaw or code changes.

Guaranteed building replacement coverage

Get the peace of mind you deserve. Simply insure your home to Square One’s suggested limit and, if you experience a loss, we’ll rebuild your home, even if the cost of doing so exceeds your limit of insurance.

Personalized coverage

All policies protect most common personal property items including laptops, smartphones and furniture. If you own specialty property (such as bicycles or fine arts) you can also add coverage to your policy. That way, you only pay to insure what you actually own.

Need to make a claim?

Making a claim with Square One is easy. In fact, most of the process can be done online. You'll get your own dedicated adjuster to work with you from start to finish to make sure you’re back on your feet in no time. And, Square One pays out on 90% of all claims submitted.

Interest-free monthly payments

We’re confident you’ll love our service and stay with us. That’s why we don’t lock you into a contract. With us, you can pay monthly or annually and there’s no fixed-term contract. You can also change your payment preferences through your online account.

It only takes 5 minutes

ready for an online quote? Policies start at $12/month if you rent your home and $40/month if you own your home. To see how much you can save with Square One, get a personalized online quote now.

Coverages and Deductibles

Learn how you’re protected
with Square One

When you buy renovation construction insurance from us, the experience is straightforward from claim to quote. Click on the tabs below to learn about the coverages, deductibles, protection and claim service offered by Square One. You can also download sample policy wordings.

House coverages. Your house is probably the largest asset you own. So, properly protecting it is really important. Our system will help you determine the estimated rebuild cost for your house, which will form the basis of your building limit. You'll then have the option of insuring any detached structures on your property as well as landscaping, fences and gardening equipment.

Building: This coverage protects, on a guaranteed replacement cost basis, the main structure of your house as well as attached garages, swimming pools and hot tubs. It also protects, on an unlimited basis, additional costs due to building code changes.
Detached structures, fences and landscaping: This optional coverage protects any structures located on the property that are not attached to your house, including carriage homes, docks, garages, gazebos, workshops and sheds. It also protects all trees, shrubs, lawns, fences, retaining walls, rockeries, and anything else that improves your home's curb appeal. Note that patio furniture is considered personal property.

Personal property and specialty coverages. Traditional providers don't give you much control when it comes to insuring the contents of your home. They include pre-packaged protection that is based on your house's rebuild cost. And, they automatically include protection for specialty property whether you own it or not.

At Square One, you decide what specialty property you insure and for how much. You also decide how much protection you need for your most common personal property, which includes appliances, electronics, furniture, and clothing.

Personal property on premises: In most cases, you won't have a lot of personal or specialty property on premises when building a new home or undertaking a major renovation to an existing home. That said; you can insure any "moveable" property you own that will be kept on premises during the period of construction or renovation. This typically includes appliances and household goods. Please note that this does not protect any specialty property, which includes: bicycles, sporting equipment and watercraft; business property; fine arts and collectibles; jewellery and watches; and landlord's property. Once the home is ready for occupancy, you'll have a wider range of personal and specialty property options.

Other coverages. There are a few other coverages that are essential to any insurance policy, including liability protection.

Construction or renovation delay expense: This optional coverage protects against reasonable and necessary increases in living expenses, interest expenses and legal costs if your home experiences construction or renovation delays from an insured loss.
Personal and premises liability: Protects against amounts you are legally responsible to pay because you unintentionally injure someone or damage their property. Also protects against amounts you are legally responsible to pay for unintentional injury to someone or damage to their property arising from the ownership or use of your home.

Policy deductibles. A policy deductible is the amount you must pay before your home insurance policy will respond. For example, if your $2,500 laptop is stolen and the claim is subject to a $1,000 deductible, you pay $1,000 and your policy will cover the remaining $1,500. The higher the deductible you select, the lower the premium you pay on your insurance.

Below are the various deductibles that may apply. It's important to note that only one deductible applies per claim even if payments are made under multiple policy coverages. The type of loss will determine the deductible that applies.

Earthquake: This deductible applies to each insured loss resulting from an earthquake. While earthquakes don't happen often, they cause significant damage when they do. As such, earthquake deductibles tend to be higher than those for other types of loss. Depending on where you live, you may be presented with a couple options.


Inland flood: This deductible applies to each insured loss resulting from an inland flood. If this deductible applies, you may be presented with a couple options. Please note that not all areas are eligible for inland flood protection.

Glass: This policy protects against damage to glass that forms part of your home, including windows and sliding doors, subject to the standard deductible. For a small additional charge, you can eliminate the deductible for glass damage.


Hail: This deductible applies to each insured loss resulting from a hailstorm. If this deductible applies, you may be presented with a couple options.
Standard: This deductible applies to each insured loss not specifically mentioned earlier. For example, the earthquake deductible, not the standard deductible, applies to each insured loss resulting from an earthquake.

Comprehensive protection. At Square One, you get a comprehensive (all-risk) policy. That means you're protected against all types of loss, except for those listed in the exclusions. Commonly covered losses include break-ins, burst pipes, hailstorms, fires, and more. Commonly excluded losses include coastal floods, repeated leakage, and wear and tear.

For complete details on what is and isn’t covered, please refer to your policy wordings or download our sample wordings.

Download sample policy wordings

Making a claim. You buy insurance for peace-of-mind, so if you do need to make a claim we believe it should be simple and stress-free. That's why all Square One customers are protected by our commitment to handling claims fairly:

24/7 emergency claim line so we're there whenever you need us
For emergency claims you're guaranteed a response within 2 hours
For all claims, you'll work with a single claims adjuster
Quickly track each stage of your claim online
We guarantee that all claims are dealt with fairly, transparently and quickly
You're treated with respect and kept informed at every stage of your claim
Thousands choose us every month

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Find out how affordable personalized home insurance can be in 5 minutes with an online quote. Or call us at 1.855.331.6933 to speak to a licensed agent.

Serving British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.