Tenants insurance for you.

Did you just move into your very first apartment? Or maybe you’re downsizing and have decided to move into a cozy two-bedroom apartment. When you purchase tenants insurance you are insuring all of your belongings in your unit with you as well as getting liability coverage!

Don’t think you have that much stuff? Take a minute and think of what it might cost you if you had to replace every single thing you own in your unit, right down to your kitchen utensils and bathroom toiletries. Adds up quick, doesn’t it? 

What Kind of coverage am I getting?

Just like with home insurance, you can choose between Comprehensive and Broad coverage. What is this? Well, comprehensive will give you additional coverage for things like accidental loss or damage and mysterious disappearance.

This means that if you accidentally drop your fancy new laptop or you lose your gym bag with some of your electronics in it, your policy can provide you with coverage! In addition to contents coverage you also will have the following included in your package: 

Additional Living Expenses

Can provide coverage for a hotel room or other living expenses if you are unable to stay in your rental unit after a claim.

Legal Liability

Can provide coverage in the event you are found at fault for damage caused to the building you are renting. For example, if you forgot to shut off the tub and caused water damage to your unit or the unit below you

Some optional coverages you may want to consider

Sewer Back Up/Sump Pump Failure

Can provide you with coverage in the event water comes into your home through your sewer lines or your sump pump fails.

Scheduled Items

Items such as jewellery, furs, collections, watercraft or bicycles can be subject to a limit in the policy. If you have a higher valued item, scheduling the article on your policy might be in your best interest.


Tenants Insurance - Information needed to purchase

  • What kind of heat is in the building? For example, is it a central furnace or do you have baseboard heaters in your unit?
  • How many people will be living in this unit and their relation to one another?
  • Does the building have a sprinkler system in place?
  • Is there a 24hr video surveillance in place?
  • How much contents coverage will you require?

Tenants Insurance - Ways to Save

If you have just moved into your first apartment, things can seem pretty expensive! Or if you are downsizing and looking to cut your costs, here are some ways you can save on your insurance:

  • Claims free for 3 years
  • Non-smoker
  • Mature citizen
  • Increasing the deductible

Have questions about your Tenant Insurance?
Wyatt Dowling Insurance Brokers are always ready to answer.

Leave your worries at our door.