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Where peace of mind meets property ownership.
Whether you’re a seasoned landlord or have just entered the real estate game, we’ll help you to protect your investment and navigate the market with confidence. Get a rate you can count on from a team you can trust.
Your safety net for rental success.
As your trusted Ontario insurance broker, we understand the unique needs and challenges of landlords, and we’re here to provide comprehensive coverage tailored to your specific requirements.
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What properties need landlord insurance?
Rental Homes Insurance
Single-family houses or detached homes that are rented out to tenants.
Multi-Unit Dwellings Insurance
Apartment buildings, duplexes, triplexes, or any property with multiple rental units.
Condos Insurance
Condominium units that are rented to tenants.
Vacation Rentals Insurance
Properties used as short-term vacation rentals, such as cottages or vacation homes.
Coverages
Dwelling Coverage
Protects the structure of the rental property, including the building and any attached structures (e.g., garage). Typically covers damage caused by perils like fire, lightning, wind, hail, vandalism, and more.
Liability Coverage
Provides protection if a tenant or visitor is injured on the rental property, and the landlord is found liable. It can also cover legal expenses. Standard liability coverage amounts vary but are usually in the range of $1 million or more.
Contents Coverage
Covers the landlord's personal property within the rental property, such as appliances or furnishings provided by the landlord. Optional and chosen based on the value of personal property items.
Loss of Rental Income (Optional)
Reimburses the landlord for lost rental income if the rental property becomes uninhabitable due to a covered peril (e.g., fire, flood). Optional, and the coverage limit is typically a percentage of the rental income.
Vandalism and Malicious Damage Coverage (Optional)
Protects against damage caused intentionally by tenants or others on the property. Optional, with limits based on the policy.
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Frequently asked questions
Get the scoop on this recommended coverage in Ontario.
No, it’s not mandatory by law, but it is highly recommended for landlords to protect their investments.
No, homeowner’s insurance typically does not cover rental activities. You need landlord insurance to ensure proper coverage.
Yes, even with a property management company, landlord insurance is necessary to protect against risks not covered by property management agreements.
Yes, if you have optional coverages like vandalism and malicious damage, it can cover intentional damage caused by tenants.
Consider increasing your deductible, bundling policies with the same insurer, and maintaining a good loss history to potentially lower your premiums.
Get a quote today
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