Hours

Mon

8:30am - 5:30pm

Tue

8:30am - 5:30pm

Wed

8:30am - 7:00pm

Thu

8:30am - 7:00pm

Fri

8:30am - 7:00pm

Sat

9:00am - 5:00pm

Sun

9:00am - 5:00pm

Get Your Quotes

message box

Why Should You Buy Tenant Insurance?

Don’t Underestimate the Importance of Tenant Insurance!

We’ve all heard those horror stories of tenants left with nothing after a fire, all because they neglected to secure tenant insurance for their precious belongings.

No one wants to be the subject of that story. Fortunately, there are so many options for apartment insurance policies now, and they are available to make sure you are not left uncovered if a catastrophe hits.

What is Tenant Insurance?

Tenant (or renters) insurance is an easy-to-buy policy that can cost less than $20 a month. This policy can cover everything you own in your suite and be tailored to your individual needs. For example, your rapidly expanding guitar collection. Your contents can be insured either on or off-premises, depending on what you are using them for. You can even add coverage for your daily commuter bike to be insured for theft when it’s chained outside your office.

What else does Tenant Insurance do for me?

Say you leave your kitchen sink running and flood your suite. In most scenarios, your landlord’s insurance company will automatically sue you for the damage, whether your landlord wants to or not. A Tenants’ insurance policy will automatically include liability coverage to protect you in this situation.

Why can’t my landlord cover me?

Your landlord’s insurance will rarely cover you for contents or liability insurance, even if you rent a basement suite in someone’s home. Most leases require proof of tenant insurance before the landlord will rent to you.

Holding insurance can be a big selling point for a landlord, which can be helpful in a low-vacancy rental market.

 

What do I need to know before getting a quote?

When you get a quote, you’ll need to provide your name, address, and any detail of your insurance history. You’ll also need to give us an estimated replacement cost for your contents. In other words, you need to tell us how much it would cost to go out and replace everything you own if there was a claim. This can be tricky if it’s your first time being insured; check out the Insurance Bureau of Canada’s website for some helpful hints on how to do this http://www.ibc.ca/pe/home/risk-management/home-inventory

 

More Information About Tenant Insurance

 

Contact Us!

If you live in Alberta or British Columbia and are looking for Home Insurance, we are here to answer any questions you may have about our range of home insurance products and services. Contact us at 1.844.544.4663 and see what makes us Harbord – The Home Insurance People™!

More Home Insurance News

FROM OUR BLOG

Explore our Ads

We have lots of fun creating promotions, and just want to share the joy! Click on any of the icons below to peruse our collection of ongoing advertising campaigns.

Please Note

We are currently experiencing problems with our telephone system. Please try calling us again later or sending an email to [email protected] We apologize for the inconvenience and we appreciate your patience!