In Magog, your premium depends on several factors: the property value, the exact postal code, the year of construction, and your insurance history. Pick the profile that matches your situation to see the typical premiums recently obtained by ClicAssure clients.
In Magog, the premium progression by home value reveals a complex profile. The representative 500k-600k tier reaches $1310, positioned between $924 for 400k-500k and $1563 for 600k-700k. However, the 700k-800k tier jumps to $2142, then 800k-900k to $2676, before 900k-1000k drops to $1853 and 1M-2M reaches $3088. This non-linear curve suggests that reconstruction value remains a primary driver, but other factors—such as risk profile, building age, materials, or local claim patterns—create significant variations between tiers.
| Property value | Average price over the last 12 months |
|---|---|
| <400k | $984.99 |
| 400k-500k | $924.05 |
| 500k-600k | $1309.82 |
| 600k-700k | $1562.82 |
| 700k-800k | $2141.56 |
| 800k-900k | $2675.86 |
| 900k-1000k | $1852.66 |
| 1M-2M | $3088.26 |
In Magog, condo premiums rise progressively with unit value. The 200k-300k tier reaches $282, the representative 300k-400k tier rises to $317, then 500k-600k reaches $494, and finally 800k+ peaks at $921. This progression shows that insured value remains the main statistical driver. The building profile, construction age, materials, claim history, and certain local risks can still shift the gap between two condo units with comparable value.
| Property value | Average price over the last 12 months |
|---|---|
| 200k-300k | $281.62 |
| 300k-400k | $317.43 |
| 500k-600k | $493.58 |
| 800k+ | $920.89 |
In Magog, tenant premiums vary according to the insured contents amount. The representative 30k-50k tier shows $256, while the 20k-30k tier reaches $299 and the 50k-75k tier $305. This progression shows that the insured contents amount influences premiums, although the relationship is not strictly linear. The local risk profile, civil liability, and other factors specific to Magog can explain the differences observed between tiers.
| Contents value | Average price over the last 12 months |
|---|---|
| 20k-30k | $298.90 |
| 30k-50k | $255.79 |
| 50k-75k | $304.72 |
Disclaimer: This article is intended for information purposes, with the sole objective of providing food for thought. Under no circumstances should it be construed as advice regarding insurance solutions. Only a duly certified insurance professional is qualified to analyze your personal situation, discuss your needs with you and advise you on insurance solutions.
© 2026 This website and trademark « ClicAssure » are used under license by ClicAssure, cabinet de services financiers inc. All rights reserved. ClicAssure, cabinet de services financiers inc. is a financial services firm registered in Quebec
|
Client
The customer portal allows you to create and manage your insurance requests. Use this link if you are a consumer of ClicAssure services. |
||
Insurer The insurer portal allows clicassure partners to connect and manage the requests assigned to them. Use this link if you are a ClicAssure partner. |
||
