Renters insurance is not something many are aware of. After all, it is but a temporary arrangement until you buy your own home or have to shift due to some reason. And the first question that comes to your mind is if it is really necessary and worth your time and energy.
A renters insurance policy is a group of coverages designed to help protect renters living in a house or apartment. A typical renters insurance policy includes three types of coverage that help protect you, your belongings and your living arrangements after a covered loss
Overview
Highlights
- Payment Options: Monthly and Annual
- Eligible in all Canadian provinces and territories, except Quebec
- Coverage for up to two additional roommates
Coverage Types
- Personal Property
- Additional Living Expenses
- Personal Liability
- Special Coverage Limits for Jewelry, Pets, Computers, Bikes
- Sewer Backup Coverage
COVERAGE & WORDINGS
Wordings:
| Coverage | Available Limits |
| Personal Property | $10,000, $20,000, $30,000, $40,000, $60,000, $80,000, $100,000 |
| Additional Living Expenses | $2,000, $5,000, $10,000, $20,000, $30,000 |
| Personal Liability | $1,000,000, $2,000,000 Premium start from $250 |
Resources
Available Documents for Download