Competitive new pricing for personal property in effect

May 20, 2025
Personal Lines

Unlock new quoting opportunities with targeted enhancements to our personal property pricing — designed to deliver more competitive rates and added value across key Ontario markets. 

We’re improving homeowner personal property pricing in Ontario
We’re making strategic updates to our personal property pricing to help you quote more competitively, strengthen bundling opportunities, and deliver even greater value to your customers.

These changes take effect May 15, 2025, for new business and July 15, 2025, for renewals. They are part of our broader efforts to grow our presence in Ontario’s homeowner personal property market and support your success.

What’s changing?

  1. Territory-focused pricing updates
    We’ve refined our pricing in select Ontario markets to improve rate competitiveness in areas where we see opportunity for growth. These adjustments are targeted and strategic.
  2. Enhanced bundling value
    Our multi-line discount range is increasing, giving your customers more incentive to bundle home and auto with Gore Mutual — and making your quotes more competitive.
  3. Improved pricing based on the age of home
    We’ve adjusted rates for homes aged 40–50 years, offering better options for customers with older, well-maintained properties.
  4. Reduction in pricing for electric heat
    Customers with electric heating will benefit from a reduction in rating.

What this means for you and your customers
These changes are designed to help you grow your homeowner personal property business with Gore Mutual by offering more competitive rates and stronger value in key market segments.

Have questions?
Reach out to your Business Development Representative to discuss how these updates could impact your book.

What’s the latest?

Have you completed the Gore Mutual Broker Engagement Survey?

Corporate

June 17, 2025

Complete the survey by June 30 and you’ll be entered into a draw to win one of five $500 Amazon gift cards.

Free Tag installation offers fully claimed – $100 subsidy remains available

Commercial Lines

June 13, 2025

Thanks to incredible demand, all free Tag installation slots have been filled! But there's still great news—your clients can secure a $100 subsidy for approved aftermarket tracking devices to help protect their vehicles. Don't miss out on this valuable offer!