Windsor-Essex regions among highest in Ontario for home insurance premiums
Windsor-Essex residents are paying among the highest home insurance premiums in the province with five regions making the top 10 most expensive cities list, according to insurance comparison website RatesDotCA.
According to the website, LaSalle, Windsor, Kingsville, Amherstburg, Essex make up half of the top 10 while Leamington holds a spot on the top 20 most expensive cities for home insurance list. LaSalle comes in at number one.
“Cities in the Windsor area occupy the entire first half of the list for the Top 20 cities with the most expensive home insurance in Ontario,” the site says. “Homes in Lasalle, a city near Windsor with a population of about 30,000, have an estimated annual premium of $2,098 – the most expensive in the province and more than double what residents are paying in the Ontario city with the lowest home insurance premiums.”
The site comprised the list based on data collected from its comparison software:
1. Lasalle - $2,098
2. Windsor - $2,072
3. Kingsville - $1,889
4. Amherstburg - $1,864
5. Thunder Bay - $1,857
6. Timmins - $1,821
7. Lively (Walden) - $1,761
8. Essex - $1,760
9. Garson - $1,747
10. Elliot Lake - $1,747
Leamington came in at number 20 on the list with an estimated premium of $1,553.
According to the website's managing editor, John Shmeul, location is a key factor when determining a premium and a high crime rate, as well as increasing incidents of severe weather, are also considered.
“Insurance carriers try to gauge what sort of a risk a home and its owner represent. Regardless of location, a home in a neighbourhood with a higher crime rate or one that has often been affected by severe weather represent a higher risk and the premiums will reflect it,” Shmeul said.
In Windsor, property-related crimes take place at least six times each day, in 2018 police reported there was a break and enter, or attempted break-in every four hours, the website says. In 2020, it dropped to every 5.75 hours with a total of 1,532 for the year.
Severe weather can also account for higher rates which is why RatesDotCA suggests homeowners take steps to protect their house from flooding — with the Windsor-Essex region is no stranger to.
Some suggestions include regularly cleaning your gutters and pipes and installing a backwater valve or sump pump, among others.
- With files from CTV Northern Ontario's Sergio Arangio.
CTVNews.ca Top Stories
B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Mountain guide dies after falling into a crevasse in Banff National Park
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
Expert warns of food consumption habits amid rising prices
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama asked to leave Ontario legislature for wearing keffiyeh
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Ex-tabloid publisher testifies he scooped up possibly damaging tales to shield his old friend Trump
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
Here's why provinces aren't following Saskatchewan's lead on the carbon tax home heating fight
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
Montreal actress calls Weinstein ruling 'discouraging' but not surprising
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams, Jayden Daniels and Drake Maye make it four NFL drafts with quarterbacks going 1-3
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.