Saskatchewan homeowners live with Prairie weather: hailstorms in summer, spring runoff that floods low-lying land, and winters cold enough to freeze pipes quickly. The province also has an insurance market unlike most: basic car insurance is public, but home insurance is sold competitively, including by SGI Canada, the competitive side of the provincial Crown insurer. What a standard policy covers is explained in the guide to home insurance in Canada; this page covers what is specific to Saskatchewan.
What Saskatchewan homeowners pay
No official source publishes an average home insurance premium for Saskatchewan. The only provincial figure is from an aggregator survey: according to MyChoice’s 2026 home insurance outlook, which averages quotes in its own database, the average Saskatchewan home insurance quote in January 2026 was $1,347 a year, compared with $2,283 in Alberta and $1,343 across Canada. Within the province, rebuild cost, the age of the home, the claims history of the neighbourhood and the distance to a fire hall drive the price. National comparisons are on the average home insurance cost page.
Hail
Both Regina and Saskatoon see damaging hailstorms. The Insurance Bureau of Canada (IBC) records a July 19, 2013 hailstorm in Regina that caused about $74 million in insured losses, and a June 2, 2017 storm in Saskatoon that caused about $47 million. Hail damage to the roof, siding, windows, garage and shed is covered by a comprehensive policy. The IBC notes that some insurers offer a discount for a newer roof or a specific type of roof, so asking about impact-resistant (Class 4) shingles when a roof is replaced can pay off. The renovations that lower insurance premiums guide covers roofing and other upgrades.
Spring runoff and flooding
Snowmelt and heavy summer rain can flood low-lying land, streets and basements, and some rivers flood as well. For insurance, that means:
- runoff that enters the house at ground level needs optional overland flood coverage, which the IBC says typically covers surface water from heavy rain or melting snow as well as overflowing rivers and lakes;
- water forced up through floor drains when storm and sanitary sewers are overloaded needs optional sewer backup coverage;
- seepage through a foundation over time is treated as wear and tear and is not covered.
Cold-weather claims
Burst pipes after a sudden freeze and damage from a sudden furnace failure are generally covered by a comprehensive policy. Gradual damage from drafts or poor insulation is not. As in the rest of the Prairies, policies set conditions for winter absences, such as having someone check the home regularly.
Acreages and rural homes
Acreages are common around Saskatoon and Regina. The IBC notes that a property far from a fire hydrant or fire station may cost more to insure, and outbuildings add more to cover. Homes that are part of a working farm usually need a farm policy rather than a homeowner policy.
SGI Canada and other insurers
In Saskatchewan, compulsory vehicle insurance comes from SGI’s Saskatchewan Auto Fund, but home insurance is a competitive market. SGI Canada, the Crown corporation’s competitive side, sells home, farm and business insurance through independent brokers. Wawanesa, Peace Hills Insurance and the national insurers also sell here. The best home insurance companies in Canada guide compares the national insurers.