Burnaby Home Insurance You Can Trust
Everything You Need To Know About Home Insurance in Burnaby, BC
Home Insurance in Burnaby: Recommended, Private Coverage
Average cost: $1,150–$2,000 per year
Includes: Fire, Theft, Liability, Water Damage Protection
If you own a home in Burnaby, BC—or are planning to buy—you already know this centrally located Metro Vancouver city offers a diverse mix of property types. From high-rise condos in Metrotown and Brentwood to detached homes in Capitol Hill and South Burnaby, Burnaby real estate represents a significant financial investment that requires properly structured insurance coverage.
With rising property values, aging homes in established neighbourhoods, and rapid condominium development along Kingsway and Lougheed Highway, Burnaby homeowners face unique insurance considerations. Whether you live near Metropolis at Metrotown, Brentwood Town Centre, Edmonds, or along Hastings Street, your coverage should reflect your property’s construction type and location-specific risks.
At Western Coast Insurance, we help Burnaby homeowners compare policies from Canada’s leading insurers to secure the right balance of protection and value. Our brokers understand local risk factors including hillside runoff, older plumbing systems in mature neighbourhoods, sewer backup exposure, and earthquake risk across British Columbia.
Looking for affordable and comprehensive home insurance in Burnaby, BC? Our licensed brokers help homeowners compare coverage options and rates from multiple insurance providers.
Visit One of Our Burnaby Insurance Broker Locations
We believe home insurance should be personal, which is why our experienced brokers are available to assist Burnaby residents both in person and online.
Whether you are insuring a new condo in Brentwood, renewing coverage for a detached home in South Burnaby, or reviewing protection for a townhouse in Edmonds, our advisors are here to help you make informed decisions.
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Home Insurance by Burnaby Neighbourhood
Insurance rates and coverage needs in Burnaby vary depending on elevation, construction type, and property age. From hillside homes with sweeping views to dense urban condo developments, coverage must reflect neighbourhood-specific risk factors.
- Metrotown: High-rise condos and strata properties where personal contents, liability, and strata gap coverage are essential.
- Brentwood: Rapid condominium development with newer builds that may qualify for newer-home discounts.
- Capitol Hill: Elevated properties with slope-related drainage considerations and higher rebuilding costs.
- South Burnaby: Established detached homes, often requiring plumbing updates and sewer backup endorsements.
- Edmonds: A mix of townhouses and detached homes with varying construction ages.
Because Burnaby includes both dense urban towers and older single-family homes, policies should be carefully structured to reflect the specific property type and neighbourhood location.
Home Insurance Risks Unique to Burnaby
Burnaby’s varied elevation and housing stock create distinct insurance considerations that differ from other Metro Vancouver cities.
Hillside Runoff & Drainage
Neighbourhoods like Capitol Hill and parts of North Burnaby sit at higher elevations. Heavy rainfall can increase runoff and drainage stress, making overland water protection important.
Sewer Backup Risk
Older homes in South Burnaby and Edmonds may have aging plumbing systems, increasing the risk of sewer backup claims—one of the most common types of home insurance claims in BC.
High-Density Condo Living
Metrotown and Brentwood are among the most densely developed areas in Metro Vancouver. Condo owners must carry personal contents insurance and strata deductible gap coverage.
Earthquake Risk
Like the rest of Metro Vancouver, Burnaby is located within British Columbia’s seismic zone. Earthquake coverage must be added separately to a standard home insurance policy.
Rising Construction Costs
Rebuilding costs in Burnaby continue to increase due to material and labour demand. Guaranteed replacement cost coverage can protect against unexpected cost overruns after a major loss.
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Over 40 Years of Dedicated Service
For over four decades, Western Coast Insurance Services has built a legacy rooted in personalized service, community connection, and professional insurance expertise. Originally founded as Coast Capital Insurance Services, we began with a simple but powerful mission: to help individuals and businesses in British Columbia protect what matters most.
In 2014, we proudly joined the Western Financial Group family, a trusted name in insurance across Canada. This transition marked a new chapter for our organization as we rebranded to Western Coast Insurance Services — uniting the local strength of Coast Capital with the national resources and stability of Western. While our name changed, our people, our commitment, and our purpose remained steadfast.
Our rebranding was more than a name update — it was a strategic evolution that allowed us to expand our product offerings, deepen our service capabilities, and reinforce our commitment to customers throughout B.C. The brokers you’ve trusted for years are still here, offering the same thoughtful advice, now backed by broader support and a stronger national network.
Today, we continue to serve British Columbians from Vancouver Island to the Lower Mainland and beyond, delivering tailored personal and business insurance solutions with the same local expertise that’s been the foundation of our success since day one. Whether you need ICBC coverage, home insurance, or a customized commercial policy for your business, you can count on us to guide you with knowledge, honesty, and care.
What’s Included in a Standard Burnaby Home Insurance Policy?
A standard Burnaby home insurance policy protects your property, belongings, and financial stability in the event of a covered loss.
- Home Structure Coverage: Covers the cost to rebuild or repair your home based on replacement value.
- Detached Structures: Garages, sheds, fences, and other outbuildings.
- Personal Belongings: Furniture, electronics, clothing, and valuables.
- Personal Liability Protection: Typically $1–2 million in coverage.
- Additional Living Expenses: Temporary accommodation costs if your home becomes uninhabitable.
Many Burnaby homeowners enhance this base policy with endorsements tailored to slope, drainage, and condo-related risks.
Types of Home Insurance Policies Available in Burnaby
The right policy type depends on your home’s value, construction type, and risk tolerance.
- Comprehensive (All-Risk): Covers all risks except those specifically excluded.
- Broad Form: Comprehensive coverage on the dwelling, named perils on contents.
- Named Perils: Covers only events specifically listed in your policy.
For most Burnaby homeowners, comprehensive coverage offers the most complete protection.
Recommended Additional Coverage for Burnaby Homeowners
Given Burnaby’s mix of hillside properties and urban density, additional endorsements are often recommended.
- Overland Water Protection: Important for runoff exposure in elevated areas.
- Sewer Backup Coverage: Essential for older plumbing systems.
- Earthquake Coverage: Not included by default.
- Strata Deductible Gap Coverage: Critical for condo owners.
- Guaranteed Replacement Cost: Protects against rebuilding cost inflation.
- Service Line Coverage: Covers underground utility lines.
Choosing the right endorsements ensures your Burnaby property is protected against both structural and environmental risks.
What Affects Home Insurance Rates in Burnaby?
Burnaby home insurance premiums are influenced by property-specific factors and geographic considerations.
- Age of the home and plumbing condition
- Roof age and materials
- Elevation and drainage exposure
- Distance to fire services
- Claims history
- Property type (condo, townhouse, detached home)
Because Burnaby includes both older homes and modern high-rise towers, underwriting factors vary significantly by property type.
What Is the Average Cost of Home Insurance in Burnaby?
As a general estimate, Burnaby homeowners can expect:
- $1,200–$2,000 per year for detached homes
- $650–$1,250 per year for condos and townhomes
- $300–$600 per year for renters insurance
Actual rates depend on the home’s age, location, elevation, and selected coverage options.
Burnaby Home Insurance FAQs
Do I need overland water coverage in Burnaby?
Many Burnaby homeowners add overland water coverage, particularly in hillside areas where heavy rainfall can increase runoff risk.
Is earthquake insurance necessary in Burnaby?
Earthquake coverage is optional but strongly recommended due to BC’s seismic activity.
Does condo insurance in Burnaby cover strata deductibles?
Standard condo policies may not fully cover large strata deductibles. Strata deductible gap coverage can be added.
How much liability coverage should I carry?
Most homeowners choose $1–2 million in liability coverage.
Are older homes in Burnaby more expensive to insure?
Older homes with outdated plumbing or roofing may have higher premiums.
Is home insurance required by law?
No, but mortgage lenders require proof of insurance.
Does home insurance cover basement suites?
Yes, if declared and properly insured.
Can I lower my premium?
Bundling policies and maintaining a claims-free history may reduce premiums.
Does home insurance cover detached garages?
Yes, under detached structure coverage.
How do I get a quote?
Provide property details including year built, square footage, and roof age to compare coverage options.
Why Choose Western Coast Insurance in Burnaby?
Our advisors understand Burnaby’s diverse housing market—from high-rise condos to hillside detached homes—and tailor coverage accordingly.
Here’s what sets us apart:
- We’re a broker: We compare multiple insurers.
- Local expertise: From Metrotown to Capitol Hill.
- Claims support: We guide you through the process.
- Custom coverage: Built around your property type.
- Flexible service: In-person or online.
Get a Personalized Burnaby Home Insurance Quote Today
Protect your Burnaby home with coverage tailored to your neighbourhood, elevation, and lifestyle. Speak with a Western Coast Insurance broker today.
Western Coast Insurance Services Ltd. is a wholly owned division of Western Financial Group Ltd. Insurance products are underwritten by certain licensed insurance companies and are only available throughout British Columbia, Canada.