Quote:
Originally Posted by SeeGeeWhy
I signed on to TD Meloche Monnex a billion years ago when they were still the APEGGA group insurance provider. The Personal took over that status a few years back, but I have not switched as two different quotes showed barely any difference.
That said, my renewal for 2026 came and the premium moved from $402.23 to $770.17 for a single-family home and an attached townhome rental property this month.
Zero claim history on both properties, and slightly more than the 5.28% average increase the media was warning everyone about earlier this year.
This also included some other lovely details such as accelerated roof depreciation and a doubling of our deductible from $2,500 to $5,000.
Just a peach of a product, and so many competing options. LOVE IT.
I guess I'll go back to The Personal one more time but expect similar results and suspect this is just what it costs to insure property now.
Opening thread as a heads up to others and to provide a place for venting rage.
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Is that premium per month or per year? If it's year, that's crazy cheap, and I'm super jealous. I pay $2,800 a year for a detatched home and a downtown condo.
Mine doesn't renew until this fall, but I'm expecting it to go up. Prior to the hailstorm last year, I've had zero insurance claims in 15 years.