Tony in Montréal-Nord
Property of $1,300,000
Premium: $2409 per year
Premium computed in May 2026
In Montreal-North, home insurance for homeowners reflects a dynamic market where property values and risk profiles vary significantly by neighborhood. Shopping around with multiple insurers remains essential to optimize your coverage.
Between 2019 and 2026, average home insurance premiums for homeowners in Montreal-North show notable volatility, moving from $1442 in 2019 to $1868 in 2026. This trajectory marks a roughly 30% overall increase over eight years, with year-to-year fluctuations reflecting adjustments to weather risk, shifts in local claims experience, and changes in the insured property mix.
Several factors influence the cost of your home insurance. Insurers assess the risk associated with your property and your profile to calculate the appropriate premium. Here are the main elements taken into account:
In Montreal-North, the progression of premiums by home value is non-linear: it accelerates sharply in the higher tiers. A $500k–$600k home pays $1490, but a $700k–$800k home reaches $2792, and above $1M the premium climbs to $3487. This acceleration reflects the combined influence of flood-zone exposure, local risk profile, and costlier reconstruction in high-value neighborhoods.
| Property value | Average price over the last 12 months |
|---|---|
| <400k | $1037.60 |
| 400k-500k | $1287.28 |
| 500k-600k | $1567.45 |
| 600k-700k | $1619.06 |
| 700k-800k | $3025.50 |
| 800k-900k | $2450.39 |
| 900k-1000k | $2915.26 |
| 1M-2M | $3775.31 |
The average premium in 2026 is $1868 per year for a homeowner in Montreal-North, up roughly 30% since 2019.
The premium progresses steadily up to $600k, then accelerates sharply. A representative $500k–$600k home pays $1490, while a $700k–$800k home reaches $2792, reflecting flood-zone exposure and local risk profile.
Flood-zone exposure and local risk profile intensify in certain high-value neighborhoods, pushing premiums well beyond simple proportionality to reconstruction value.
$1490 per year — a representative tier of the local homeowner market.
Variations between 2019 and 2026 reflect adjustments to weather risk, shifts in local claims experience, and changes in the insured property mix — particularly sensitive in a dense urban market.
Comparing several insurers, bundling auto and home, increasing the deductible, and installing an alarm system can reduce the $1868 average premium by several hundred dollars.
Property of $1,300,000
Premium: $2409 per year
Premium computed in May 2026
Property of $870,000
Premium: $2097 per year
Premium computed in May 2026
Property of $630,000
Premium: $2648 per year
Premium computed in May 2026
Property of $850,000
Premium: $3311 per year
Premium computed in May 2026
Property of $30,000
Premium: $657 per year
Premium computed in May 2026
Property of $360,000
Premium: $1660 per year
Premium computed in May 2026
Property of $600,000
Premium: $695 per year
Premium computed in May 2026
Property of $550,000
Premium: $513 per year
Premium computed in May 2026
Property of $400,000
Premium: $682 per year
Premium computed in May 2026
To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria
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
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