
Sign up & start saving!
Our monthly newsletter is launching soon with the latest in money news, credit card offers + more ways to save
Get discounts on your home and auto insurance by bundling them together with CIBC.
Comprehensive Coverage
Broad Coverage
Renters/Tenant Insurance
In addition to home insurance, CIBC entices customers with their bundle packages, which offer a reduced combined rate on home and auto insurance.
As one of the largest banks in Canada, CIBC offers a wealth of financial products and services, including the ability to purchase home insurance. CIBC aims to provide value to their customers with attractive home insurance rates that become even more attractive when you couple your home insurance with other CIBC insurance products.
On the surface, CIBC’s home insurance is a very appealing option for Canadians who already bank with CIBC thanks to its affordable rates, bundle options and coverage for different types of properties*. CIBC offers the following home insurance options:
*CIBC also provides insurance for cottages, seasonal/rental property, boats and valuable items such as jewellery, fine art and more.
CIBC offers a wide array of insurance options. Contact a CIBC insurance representative if you’re interested in learning more about any of the other insurance offerings they provide.
CIBC offers a discount on premiums if you purchase its home and auto bundle package. If you do opt for this bundle package, the discount will be calculated on your property insurance premium.
With CIBC’s home insurance, there are certain conditions and exclusions that may apply that can prevent your claim from being paid. It’s imperative that you carefully read over your home insurance contract to understand what those exclusions and limitations are.
While some home insurance policies may be different from one another, all policies have exclusions such as normal wear and tear, gradual deterioration or mechanical failure.
CIBC carries an F rating on the Better Business Bureau website and has a number of complaints filed against them with the BBB. It should be noted that this encompasses all of CIBC’s products and services, not just its home insurance offering.
Whether you’re looking for more information about home insurance from CIBC or whether you’re looking to begin filing a claim, you can call their 24/7 toll-free number at 1-855-964-2082.
While CIBC has a mobile app specifically for its auto insurance clients, it does not have one for its home insurance clients. The best way to check your home insurance policy is by logging in to CIBC’s secure web portal, where you can review your home insurance policy details and file a claim as well.
CIBC home insurance provides Canadians with another credible option to secure their home and personal belongings. If you already bank with CIBC and wish to avoid having too many different service providers, bundling your home and auto insurance provides many benefits in the way of discounts and having your banking and insurance coverage under one provider.