Insurance Renewal in Quebec: How to Review Your Policy Every Year

Your insurance renewal in Quebec is the best moment to make sure your coverage still fits your life. Many people simply let their home and car policies renew automatically, without checking whether limits, deductibles or premiums still make sense. A short yearly review can help you avoid gaps and unpleasant surprises.

This informational guide gives you a practical checklist. This site does not sell insurance; contact your insurer or a licensed broker for advice.

Why Your Insurance Renewal in Quebec Matters

• Your home, car or family situation may have changed.
• Premiums can change from year to year.
• New exclusions or conditions may appear in the renewal documents.
• It is the easiest time to compare other offers.

Before Renewal: What to Check

1. Read the Renewal Notice

Compare the new premium, limits, deductibles and endorsements with last year. Note any change in wording or conditions.

2. Update Your Information

Tell your insurer about any changes that affect the risk:

• Renovations, a new roof or updated plumbing and electrical systems
• A new wood stove or fireplace (see our wood stove insurance guide)
• A new driver in the household or a change in commuting distance
• Renting your property, even occasionally
• Starting a business at home

Not declaring important changes can create problems when you make a claim.

3. Review Your Coverage Amounts

Is your home insured for its rebuilding cost, not its market value? Rebuilding costs can change over time. Also check personal property and liability limits.

4. Check Water-Related Endorsements

Water damage is a frequent concern in Quebec. Review whether you have sewer backup and other water endorsements. Read our guide to water damage, sewer backup and flood insurance.

5. Re-Evaluate Deductibles

A higher deductible may reduce your premium, but make sure you could afford it after a claim.

Should You Shop Around at Renewal?

Comparing quotes every year or two is a good habit. When you compare, make sure the offers include similar coverage, limits and deductibles. Our guide on how to shop for home insurance in the Laurentides explains the process step by step.

Renewal Checklist

1. Read the full renewal notice and policy changes.
2. Declare any renovations, new occupants or new activities.
3. Confirm rebuilding cost and liability limits.
4. Review water damage endorsements.
5. Ask about legitimate discounts (bundling, security systems, claims-free history).
6. Compare at least two other quotes if your premium rose significantly.
7. Verify that the professional is authorized with the Autorité des marchés financiers.

If your insurer does not offer to renew, read can my insurer cancel or refuse to renew my policy?

FAQ

Does my insurance renew automatically?

Many policies renew automatically, but you should still read the renewal notice carefully.

Can I switch insurers at renewal?

Yes. Renewal is often the simplest time to change, but make sure the new policy starts before the old one ends.

Why did my premium go up?

Premiums can change because of claims, market conditions, rebuilding costs or changes in your risk profile. Ask your insurer for details.

Do I need to declare renovations?

Yes. Renovations can change your home’s value and risk, so inform your insurer.