Spruce Grove is a perfect blend of small-town feel with big-city conveniences. Located just 30 minutes west of Edmonton, living in Spruce Grove means you can still land work opportunities in a major city without having to deal with the downsides of big city life.
That said, you don’t have to travel to Edmonton for recreation. Spruce Grove offers various shopping options, art galleries, sports arenas, and stunning outdoor spaces. The city also boasts modern healthcare providers and excellent schools, making it a great place to raise a family.
Spruce Grove offers various housing options for professionals, families, and retirees alike. Its average townhome and condo prices are notably below Edmonton’s. Living costs in Spruce Grove are also lower than the provincial average, which makes living in this city more affordable.
How Does Home Insurance Work In Spruce Grove?
When you get a home insurance quote in Spruce Grove with MyChoice, you’re receiving a comprehensive policy that goes beyond just the basics — including Guaranteed Replacement Cost, which ensures your home will be rebuilt to its original condition even if the cost exceeds your dwelling coverage limit.
Your quote is made up of two main pillars: Base Residence / Dwelling (covering your home, contents, liability, and standard perils) and Enhanced Water Protection (covering floods, sewer backup, and groundwater seepage). Together, they form a complete protection package for your property and belongings.
| Coverage Type | What’s Included? | Average Annual Home Insurance Premium |
|---|---|---|
| Base Residence / Dwelling | – Dwelling Coverage – Outbuildings (detached structures) – Contents – Personal Liability – Voluntary Medical Payments – Voluntary Property Damage – Basic Water Damage | $1,262 |
| Enhanced Water Protection | – Sewer Backup Endorsement – Ground Water Endorsement – Overland Water Endorsement – Broad Water Damage Endorsement | $251 |
| Coverage Total: | $1,513 |
*A comprehensive home insurance policy protects your property and belongings against all perils except those specifically excluded by the policy. This typically includes: fire and smoke damage, wind and hail damage, lightning strikes, burst pipes (depending on the situation), falling objects (like trees or branches), theft and burglaries, and vandalism.
Base Residence / Dwelling Coverages:
| Coverage Type | Coverage Details | Average Coverage Amount/Limit |
|---|---|---|
| Dwelling Coverage | Covers the cost to rebuild your home after insured damage. | $1,000,000 |
| Outbuildings (detached structures) | Covers the cost to rebuild the detached structures (i.e. garages, sheds, fences). | $150,000 |
| Contents | Protects your belongings from damage or loss due to covered perils. | $750,000 |
| Personal Liability | Legal & medical costs if someone sues you for injury/property damage. | $1,000,000 |
| Voluntary Medical Payments | Pays limited medical expenses if someone is accidentally injured on your property, regardless of fault | $4,500 |
| Voluntary Property Damage | Covers small amounts for accidental damage you cause to someone else’s property (or damage caused by a minor in your care | $1,500 |
| Basic Water Damage | Protects against sudden and accidental internal water damage (e.g., burst pipes or overflowing appliances | $1,000,000 |
*Please note that the average coverage limits in the tables above and below are based on the dwelling coverage of $1 million and can vary by house and carrier.
Enhanced Water Protection:
| Coverage Type | Coverage Details | Average Coverage Amount/Limit |
|---|---|---|
| Sewer Backup Endorsement | Pays for damage caused by sewage or septic systems backing up into the home. | $100,000 |
| Ground Water Endorsement | Adds protection against damage from ground‑water seepage, which is not covered by standard policies. | $250,000 |
| Overland Water Endorsement | Covers damage from freshwater entering your home from rivers, lakes or heavy rainfall. This is typically optional and recommended for homes in flood‑prone areas. | $250,000 |
| Broad Water Damage Endorsement | A catch‑all rider that may combine overland water, sewer‑backup and ground‑water coverage and may also include protection for seepage or ice‑damming (depending on the insurer) | $250,000 |
Home Insurance Price in Spruce Grove by Dwelling Type
Below is the average home insurance price in Spruce Grove, categorized by dwelling type:
| Type of Dwelling | Average Annual Home Insurance Premium |
|---|---|
| Detached | $1,513 |
| Semi-Detached | $1,392 |
| Freehold Townhouse | $1,302 |
How Spruce Grove Home Insurance Rates Compare to Nearby Cities
Spruce Grove’s home insurance rates are moderate for the Edmonton region, slightly higher than Sherwood Park but still below Edmonton and Red Deer.
| City | Average Annual Home Insurance Premium |
|---|---|
| Spruce Grove | $1,513 |
| Edmonton | $1,725 |
| Sherwood Park | $1,450 |
| Red Deer | $1,909 |
| Grande Prairie | $1,740 |
| Fort McMurray | $3,167 |
How Spruce Grove Home Insurance Rates Compare to Provincial Average
Home insurance in Spruce Grove costs around $1,513 annually, lower than the provincial average. Home insurance premiums are affected by factors like your home’s age, roofing type, proximity to fire hydrants, and more.
Using your home as a place of business may also influence your home insurance rates. Using your home for business means more people coming in and out of your property, increasing your liability and risk of losing belongings.
Common Home Insurance Discounts in Spruce Grove
Certain insurers offer home insurance discounts that can significantly reduce your premium — sometimes by up to 20% when combined. Please note that these discounts depend on your property type, condition, the insurer and even external conditions like natural disasters or crime rates in your specific area. Talk to your broker or insurer to learn more about what discounts they offer in your area.
Here’s a look at the most common discounts you can get on home insurance in Spruce Grove:
| Discount Type | Average Percentage Savings | Average Discount Value |
|---|---|---|
| Multi-Line (Home + Auto) | 11.4% | $173 |
| Claims-Free Discount | 16.5% | $250 |
| Alarm System (Burglar) | 7.5% | $114 |
| Alarm System (Fire) | 5.0% | $76 |
| Membership Discount (CAA) | 10.0% | $151 |
| Non-Smoker Discount | 7.5% | $114 |
What Risk Factors Affect Homeowners in Spruce Grove?
Spruce Grove is often exposed to extreme weather. Here are some common risk factors homeowners in Spruce Grove should watch out for:
Probability of Significant Disasters in Spruce Grove
On July 31, 1987, the same “Black Friday” storm that ravaged Edmonton sent high winds into Spruce Grove, causing property damage.
The following MyChoice probability scores for Spruce Grove are based on historical data from the Canadian Disaster Database (CDD), which has tracked major disasters in Canada since 1950. These scores represent the relative likelihood that each type of significant event could occur at least once in Spruce Grove over the next decade. The comparison is made against both other regions in Canada and other types of events, helping illustrate where the greatest risks to homeowners may lie.
According to the CDD, an event is classified as significant if it results in 10 or more deaths, 100 or more people affected (injured, evacuated, or left homeless), an appeal for national or international assistance, historical importance, or severe damage that prevents a community from recovering on its own.
Housing Data in Spruce Grove
Spruce Grove is a nice place to live, but is it right for you? You can find the answer through research. Here’s a dive into some of Spruce Grove’s essential housing statistics from the 2021 Census of Population:
Homeownership Rate by Age in Spruce Grove
Below are homeownership rates in Spruce Grove, categorized by different age groups.
| Age Group | Homeownership Rate |
|---|---|
| 15 to 24 | 27.2% |
| 25 to 39 | 73.3% |
| 40 to 54 | 78.7% |
| 55 to 74 | 81.3% |
| 75 and over | 80.6% |
What Is Not Included in a Typical Home Insurance Policy?
Even if you’ve opted for a highly comprehensive home insurance policy, there are some risks that insurers explicitly don’t include as a covered peril. These are called “exclusions” by home insurers.
Here are the most common home insurance exclusions:
This is by no means an exclusive list of risks typically excluded from a home insurance policy in Spruce Grove. Talk to your home insurance provider to see what’s covered by your policy in case of loss or damage.
Why Do I Need Home Insurance in Spruce Grove?
Unexpected expenses due to house-related incidents can stretch your finances thin. The good news is that home insurance can help. A home insurance policy can foot your home repair bills if a covered peril damages it. Additionally, it pays for the many costs associated with personal injury lawsuits.
With the many options for home insurance, which one is right for you? There’s no one “best” home insurance policy for everybody, so you need to learn more about home insurance in Spruce Grove to make the right decisions.
You technically don’t need home insurance in Spruce Grove, because it’s not a legal requirement for homeowners. However, you should still get a policy to protect your home as well as its contents. Here are three main reasons why having a home insurance policy is a good idea:
How You Can Get Cheap Home Insurance in Spruce Grove
Visit our Alberta page to view the list of tips on how to get cheaper home insurance.