Melanie in Terrebonne
Property of $300,000
Premium: $207 per year
Premium computed in May 2026
In Terrebonne, the condo market is dynamic and growing, with a complex interplay between the condo corporation's coverage and the unit owner's individual policy. Understanding respective responsibilities prevents costly coverage gaps and ensures protection tailored to your situation.
Between 2019 and 2026, average condo insurance premiums in Terrebonne show notable volatility, moving from $372 in 2019 to a peak of $620 in 2020, then stabilizing around $500–$550 between 2021 and 2024, before declining to $415 in 2026. This irregular trajectory likely reflects portfolio adjustments, variations in claim composition, and pricing corrections over this period.
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 Terrebonne, premiums by value tier show an irregular rather than linear progression, with significant gaps between adjacent tiers. A representative $250k–$300k condo pays $453 per year, while a $450k–$500k condo reaches $580. This non-linear variation suggests that flood-zone exposure, local risk profile, and building age play a more decisive role than reconstruction value alone in setting Terrebonne premiums.
| Property value | Average price over the last 12 months |
|---|---|
| <200k | $338.14 |
| 200k-300k | $452.10 |
| 300k-400k | $364.96 |
| 400k-500k | $427.70 |
| 500k-600k | $409 |
| 800k+ | $405.15 |
The average premium in 2026 is $415 per year for a condo in Terrebonne, reflecting stabilization after a volatile period between 2019 and 2024.
The progression is not linear: a representative $250k–$300k condo pays $453 per year, while a $450k–$500k condo reaches $580, reflecting the influence of flood-zone exposure and local risk profile.
Premiums moved from $372 in 2019 to a peak of $620 in 2020, then stabilized around $500–$550 before declining to $415 in 2026, reflecting portfolio adjustments and pricing corrections.
The contents of your unit, personal improvements, and your civil liability — making personal insurance necessary, averaging $415 per year in Terrebonne.
Increasing the deductible, bundling auto and home, installing smart water detectors, and comparing several insurers can reduce the $415 average premium by 10–20%.
Property of $300,000
Premium: $207 per year
Premium computed in May 2026
Property of $6,000,000
Premium: $457 per year
Premium computed in May 2026
Property of $420,000
Premium: $380 per year
Premium computed in May 2026
Property of $400,000
Premium: $296 per year
Premium computed in May 2026
Property of $350,000
Premium: $694 per year
Premium computed in April 2026
Property of $430,000
Premium: $502 per year
Premium computed in April 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
|
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. |
||
