Home and Rental Insurance

Home Insurance

As a homeowner, investing in home insurance can provide a sense of safety for you and your property. Home insurance can assist in protecting your home and property against unforeseen circumstances such as theft, loss or damages. Home insurance can also help to cover additional expenses – such as hotel or home rental costs – if you are unable to live in your home. 

Home insurance policies usually provide coverage to you and your family members. When selecting your home insurance coverage plan or policy, make sure to understand what your home insurance will cover and what types of settlement to expect if you make a claim. 

Home insurance may help cover:

• Damage or loss to your home

• Damage, loss or theft of your personal possessions 

• Property stolen from your vehicle

• Damage or injury to others who visit your home/property

• Accidental damage you cause to someone else’s property

To learn more about the different types of home insurance visit, Types of Home Insurance.

To learn more about the different types of home insurance coverage, policies, events that are covered and not covered by home insurance – and other important information surrounding home insurance, visit Home insurance – Canada.ca or Understanding Home Insurance.

Rental/Tenant Insurance

Rental or tenant insurance is similar to home insurance for those who rent or lease properties such as houses and apartments. Renters insurance is a type of property insurance that covers losses to personal property and protects the insured individuals from liability claims. Renters insurance can cover loss or damages to items in the home related to fire, theft, vandalism, plumbing, and electrical issues.

To learn more about what rental insurance is, the average cost in Ontario, and what rental insurance covers, visit Average Tenant Insurance Cost in Ontario.