Desjardins Home Insurance Review

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Picture of By <span>Matthew Roberts</span>
By Matthew Roberts

Updated on July 20, 2023

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Picture of By <span>Matthew Roberts</span>
By Matthew Roberts

Updated July 20, 2023

Visit author page

3 minute read

Article Contents

Desjardins Home Insurance

Desjardins Home Insurance is one of the largest insurers in Canada. For nearly eight decades, they have offered homeowners flexible insurance policies that meet their needs. As Desjardins says on their website, it is about being “part of a cooperative movement that not only supports your goals and dreams, but also the community around you.”

Your home is one of the most significant investments you will ever make. Not only do you have a sizeable financial stake in the property, but you also have an emotional, personal, and spiritual stake in your home. Having coverage that completely protects your family, estate, and belongings can give you priceless peace of mind.

Desjardins: A Brief History

Desjardins General Insurance is a subsidiary of the Desjardins Group, which was founded in 1944. Initially, the company used the name “Société d’assurance des caisses populaires” or SACP. Later SACP became Desjardins General Insurance, which is the name it goes by today.

Four years after its founding, a separate company called Desjardins Life Insurance was created. Following a post-war boom in the economy, the two companies flourished selling different types of insurance. It was during this economic prosperity that Desjardins Life Insurance and Desjardins General Insurance merged insurance companies.

Currently, the company is headquartered in Lévis, Canada, in the province of Quebec. Recently, Desjardins acquired the Canadian branches of State Farm, which helped make Desjardins Insurance the second-largest property and casualty insurer in Canada. The move also doubled the company’s total premiums from two to four billion.

Desjardins Insurance employs more than 46,000 people and has more than seven million members and client. The combination of size and experience lend credence to the company, which holds $295.5 billion in total assets. Mediacorp Canada also rated it as one of the top 100 employers in Canada.

Different Types of Home Insurance Offered by Desjardins

Desjardins’ marquee product is standard home insurance. This coverage includes liability coverage in case when someone experiences bodily harm or when there is property damage. The basic form of this policy provides compensation up to $1 million, while the more advanced version goes up to $5 million in coverage.

Desjardins prides itself on offering comprehensive protection from a variety of risks. For instance, Desjardins will cover homeowners if they are on vacation and someone breaks into their house. Similarly, if a washing machine or dishwasher leaks, they will take care of the water damage.

Home insurance from Desjardins has optional layers of coverage for flooding, sewer damage, and oil leaks. The policy can also cover valuable items like artwork, jewelry, electronics, or collectibles. They even offer insurance for personal watercraft, such as boats, kayaks, and canoes. Homeowners can pick and choose from these features, depending on their preferences.

Another unique feature of the Home Insurance is the Identity Theft Assistance services. Desjardins offers clients the opportunity to get advice on identity theft protection as well as help recovering their identities. Policyholders are automatically eligible for this feature at no extra charge.

People can also get coverage if they live in a condo. Desjardins designed the policies to cover everything that the condominium owners do not. That includes personal property damage, liability, and home improvements. There are similar optional features to the home insurance package for water and oil damage.

In addition to the catastrophic damages, like your condo burning down, Desjardins covers minor accidents too. Accidents can include dropping and breaking your television, for example. They will also assist policyholders if, for instance, they inadvertently knock a can of paint on their sofa.

The third form of home insurance is for tenants. Anyone who rents a property is eligible for this coverage. The all-risk insurance features protection against fire, theft, vandalism, and certain variations of water damage. People may also bundle this option with other forms of coverage that they have from Desjardins.

Finding The Right Home Insurance Is Important

Desjardin has home insurance quotes for homeowners, condo owners, and tenants. Whether or not you fall into one of these categories will largely dictate the type of policy you select. Of course, there are many optional features to consider when it comes to rounding out your coverage.

When you get a quote from Desjardins, you will have a multitude of ways to save. Homeowners can save 20 percent on their property insurance when they bundle their policy with auto insurance. They can also save 10 percent on home insurance if they have a central alarm system in their house.

Condo owners and tenants can also get discounts based on improvement or bundling. Another potential perk is that people can save 20 percent if they are claims-free. The policy that works best for you is one that maximizes coverage and peace of mind while minimizing overall costs.

What Other Insurance Products Does Desjardins Offer?

Auto insurance is the other significant prong of the Desjardin’s portfolio. Their policies cover drivers in the United States and Canada from accident and loss. There are also several discounts for people with eco-friendly cars and those who are safe drivers.

One of the unique policy features is Ajusto. It rewards good driving behavior within the first 100 days of driving. As a result, drivers can save up to 25 percent on their car insurance premiums. Desjardin measures “good driving” based on the average speed of the driver, their accelerations, and if they brake hard.

Desjardins offers insurance policies for pets, recreation, and leisure too. Pet insurance makes sure animals can get treatment in case of injury or illness. Recreational or leisure insurance covers RVs, boats, ATVs, motorcycles, and other non-car vehicles. Desjardins offers a wide-variety of coverages to suit all your needs.

How to Submit a Claim With Desjardins

Filing a claim with Desjardins couldn’t be simpler. Go to desjardinsgeneralinsurance.com and then click on “Claims.” Select “File a Claim” from the drop-down menu. Policyholders will then log into their account before filling out some necessary claim information.

If you have any questions during this period, you can contact a claims representative at (888) 785-5502. Once you submit the claim, an advisor will get back to you in a few business days. The advisor can also tell you how the claim will impact future Desjardins insurance quotes.

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