Cottage Insurance Quotes: Everything You Need To Know (And More)

Ontario Cottage Insurance

Cottage insurance protects your seasonal dwelling, detached structures, and contents if damaged, lost, or destroyed due to specified perils.  Perils include fire, vandalism, damage due to falling objects and other risks. Cottage insurance also includes third-party liability coverage which protects you in the event someone is injured on your property. For example, if a guest to your property trips and falls down the stairs and suffers a serious injury, your policy will respond in the event of a lawsuit (up to a specified limit).

What is a cottage insurance quote?

A cottage insurance quote outlines the price and coverage an insurance company provides to a customer for insurance protection for a seasonal, vacation or holiday home. A cottage insurance quote will outline the annual cost to insure your cottage, its contents, others structures such as a bunkie, shed or boathouse, and will include details on coverages that will be provided, insured perils, coverage limits and other details.

Vacation Home Insurance quotes - Morison Insurance

Choosing the right coverage for your cottage insurance quote

It is important to choose the right coverage when getting a cottage insurance quote and purchasing this protection. Without coverages you need, you may find yourself without protection for some losses should these occur.

Generally, there are two types of insurance policies for these types of homes: A seasonal cottage insurance policy and a secondary seasonal cottage insurance policy. Details about your cottage and how you use it will help to determine the type of cottage insurance you need.

Who needs a seasonal cottage insurance policy?

A seasonal cottage insurance policy is best for owners who visit their cottage during the warmer seasons and close the cottage during the winter. This type of policy covers replacement and repair of the main dwelling, detached dwellings, as well as personal belongings.

Who needs a secondary seasonal cottage insurance policy?

A secondary seasonal cottage insurance policy is best for owners who use their cottage all year round as a secondary residence. This type of policy is also beneficial to those who intend to rent their cottage to others. Secondary seasonal cottage insurance coverage is broader. It may also be more expensive. This is because the policy coverage is more extensive and is comparable to a homeowner’s insurance policy.

The Insurance Bureau of Canada has more details on cottage insurance coverages and other options to consider.

Cottage Insurance Quote - Morison Insurance

What information do you need to get a cottage insurance quote?

The information that is needed to get a cottage insurance quote includes details about you, details about your insurance needs and details about your cottage.

Details about you

Your name, the location of your property and your insurance history are among the details needed for cottage insurance quotes. If you have home insurance and other types of insurance, the broker can generally get you a better price on your vacation home insurance premium.

Details about your insurance

Details about the kind of insurance you need will help the insurance broker to properly prepare your cottage insurance quote. Does your vacation home require seasonal cottage insurance or secondary home seasonal cottage insurance? Do you have boats that should be insured? Do you rent out your cottage? These details and others help the broker to get you a proper vacation home insurance quote.

Details about your cottage

Cottage insurance quotes in Ontario are affected by many factors including the location of the property, how often the property is occupied, accessibility of the property to maintained roads, and the construction of the dwelling itself. Additionally, what steps are taken to ensure maintenance for the winter is done when you leave it for the winter? Do you own any watercraft and, if so, do these require insurance?

The insurance broker will need to know details such as the following:

  • Cottage address
  • Square footage
  • Construction type
  • Do you have fire protection nearby? How far is it to the nearest firehall?
  • Roofing type and age
  • Heating type and age
  • Plumbing type and age
  • Out-building details – sheds, boathouses, and others
  • Estimated value of contents
  • Number of weeks occupied
  • Number of weeks rented out, if applicable
  • Monitored smoke and burglar alarms?

Holiday Home Insurance Quotes - Morison Insurance - Ontario

How much does cottage insurance cost?

The cost of cottage insurance can range between $800 to $3,000 annually. The cost of your cottage insurance is dependent on many different factors including the size of your cottage, its location, construction, proximity to a firehall, island access or all-year-round access, age of the plumbing, electrical and other features in the cottage and much more. Each vacation home property is unique, and the insurance needs can differ greatly. Your best bet is to contact an insurance broker who will shop around for several competitive cottage insurance quotes.

Note that fire protection is a significant factor in determining cottage insurance rates. Generally, the farther your cottage is from a firehall or fire hydrant, the higher your cottage insurance quotes will be.

How can I get the best cottage insurance quote possible?

You can get the best cottage insurance quote by shopping around. If you work with an insurance broker, they will compare quotes from leading insurance companies for you. An insurance broker works to get you competitive cottage insurance quotes at competitive rates. There is no additional cost to work with an insurance broker.

How do I get free cottage insurance quotes?

You can get free cottage insurance quotes by contacting an insurance broker. With one phone call or email, an insurance broker will begin getting free cottage insurance quotes for you. After collecting some details, the broker will contact insurance companies on your behalf. Getting quotes can be done quickly.  Your insurance broker will contact you and you can choose the cottage insurance quote that best meets your needs and budget.

Can you get cottage insurance quotes before buying a cottage?

Yes. You can get cottage insurance quotes before buying a cottage. Cottage insurance quotes can help you to determine your ownership costs and budget before you purchase your vacation home.

If you can provide enough information about the cottage (available from your real estate broker), your insurance broker can provide you with vacation home insurance quotes. Some of the details needed are listed under "What Information Do You Need to Get A Cottage Insurance Quote" listed in this article.

Seasonal Home Insurance Quotes - Morison Insurance

How can I save on cottage insurance quotes?

You can save on cottage insurance quotes with insurance discounts, risk-mitigation features, maintenance and updates, and bundling other types of insurance with your cottage insurance policy.

Insurance Discounts

Insurance discounts vary from company to company, but all insurance companies offer discounts. Generally, discounts are offered on cottage insurance quotes and premiums when the owner has taken steps to reduce the likelihood of losses. Your insurance broker can help you to compare discounts and determine which ones you qualify for and how much money you can save.

Here are some popular discounts and savings offered by some insurance companies:

  • Claims-free savings: 5% to 10% discount
  • Monitored heating alarm savings: 10% discount
  • Mature-age savings: 10% discount
  • Power-loss detection alarm: 5% discount

Ask your insurance broker about all the money-saving discounts you qualify to receive when you are getting your cottage insurance quotes.

Risk-mitigation features

Features such as monitored fire and burglar alarms, flood sensors, back-water valves and others can help you to save money on your cottage insurance. Be sure to discuss these with your insurance broker.

Maintenance and updates

General maintenance and updates may also help to lower your cottage insurance costs. For example, updating roofing shingles when needed, and removing outdated electrical - such as knob and tube or potentially hazardous materials such as asbestos tiling which can be common in older cottages – reduce your risk of a loss and help to lower your insurance premium.

Bundling your insurance

Bundling your cottage insurance with your home and auto insurance will help you to save as much as 10% with some insurance companies.

Where can I get a cottage insurance quote?

You can get a cottage insurance quote from Morison Insurance. Our cottage insurance experts will compare quotes from Ontario's leading insurance companies to get you the best insurance coverage at a competitive rate. Get started today by filling out the form on our website or by calling 1-800-463-8074.


This content is written by our Morison Insurance team. It is provided for general information only. Insurance needs differ from person to person, and this article is therefore not a substitute for professional advice about your individual insurance needs which can be obtained by speaking to one of our brokers.

Get Your Insurance Quote in Minutes
Get In Touch
At Morison Insurance we represent dozens of Canada’s best insurance companies. We will shop to get you the best insurance for your individual needs.
Morison Insurance Brokers Inc.
Get an Insurance Quote
morison icons button auto 10px corners
morison icons button home 10px corners
Have Us Contact You!
Insurance Partner Logo
Copyright © 2021 Morison Insurance Brokers Inc.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram