How much liability coverage do you need?
The rule Canadian courts make painfully clear: a judgment can take your assets and garnish your future income. Your liability limit should cover both. Thirty seconds, no email.
Market value minus what's left on the mortgage.
$
Non-registered + TFSA. (RRSPs are partly protected in most provinces.)
$
Judgments can garnish future earnings — courts look years ahead.
$
What's at stake
$0
Recommended limit
$2,000,000
Your gap
$1,000,000
Closing this gap with umbrella coverage typically costs $200–$300 per year — an estimate based on typical Canadian broker pricing, not a quote.
Assets are half the picture — check your risk factors
10 questions. 2 minutes. No email needed to see your score.
Check my lawsuit exposure