Rental Home Insurance

Rental Property Insurance is the insurance that protects rental property owners in the event of property damage, as well as against liability should an injury or death occur on their property.

Why you need Rental insurance?

You need rental insurance to provide coverage

  • If You own a rental property that is not your primary residence
  • If You are renting out a room, the basement or a suite in your primary residence.
  • If you are sued due to an injury or loss of life on your property.

What you need to know?

  • Rental insurance policies can also include loss of rental income, sewer backup, vandalism and theft by tenants depending upon the Policy/coverage you choose.
  • If you rent out a room, a basement or a suite in a home that is your primary residence, you need to inform your broker. Not doing so may void your home insurance if you need to make a claim.