Is tenant insurance mandatory in Ontario? (2024)

Is tenant insurance mandatory in Ontario?

No, tenant insurance isn’t mandatory by law in Ontario. But, a landlord can ask for proof of renters (or contents) insurance in your lease agreement.

Why do landlords ask for this? Well, a common misconception among renters is that if something happens (like a fire) in your rental unit and damages your belongings, the landlord’s insurance will cover your stuff. But, that’s not the case. You need your own personal insurance – otherwise, you’re on the hook for the cost of repairing or replacing your belongings.

Tenant insurance also covers your legal liability, and even covers temporary living expenses (like food or a hotel) if you can’t stay in your home after a covered event happens.

The bottom line? Tenant insurance is worth it when you consider everything it covers. Have more questions? Just reach out via email or chat – we’re always happy to help. Want to get an online quote? Click here to get one in around 5 minutes – no fuss, no phone call needed!

©2023 Sonnet Insurance. Sonnet Insurance®All trademarks used herein are owned by the respective entities.All rights reserved.

Policies underwritten by Sonnet Insurance Company except for Sonnet Pet Insurance. Sonnet Insurance Company is registered with Autorité des marches financiers as a property and casualty insurer (Reg #: 2000434353) and damage insurance agency (Reg #: 50519). Contact Sonnet in either capacity via chat, electronic note, or by logging into the customer portal athttps://www.sonnet.ca/contact-us.

Bundling discount reflects the best possible savings a customer could receive by bundling their home and auto coverage. Depending on your quote details, you may not be eligible for a discount.

Possible savings of over $600 annually is based on survey responses of 10,586 customers who purchased an insurance policy with Sonnet Insurance Company between July 2020 and February 2021 in Ontario, Alberta and Quebec. 17% of survey respondents indicated that their monthly price with Sonnet was over $50 lower than what they were currently paying. Depending on your quote details, actual savings may vary.

Sonnet Insurance offers online home and auto insurance to residents of Ontario, Quebec, New Brunswick, Nova Scotia and P.E.I. In B.C. and Alberta we offer online home insurance. Alberta auto insurance quotes can be obtained by emailing us an application, and eligible customers can bind online. Unfortunately, we’re not able to service Saskatchewan, Manitoba, Newfoundland & Labrador and the territories, or B.C. auto insurance customers at this time.

Sonnet Pet Insurance is underwritten and distributed by Petline Insurance Company. Petline Insurance Company is an affiliate of Sonnet. Products are available to residents of B.C., Alberta, Ontario, Québec, New Brunswick, Nova Scotia and P.E.I. and provide coverage to eligible pets. All coverage described is subject to the terms, conditions, limitations and exclusions contained in our Policy Wordings. In the event of a discrepancy, your policy wording governs.

Always refer to your insurance policy for information about your coverage, including limits, deductibles, and exclusions. In case of discrepancy, the insurance contract prevails over general information available on this site. Any policy related changes made on this site will not be effective until you receive confirmation.

Bundling discount reflects the best possible savings a customer could receive by bundling their home and auto coverage. Depending on your quote details, you may not be eligible for a discount.

Is tenant insurance mandatory in Ontario? (2024)
Top Articles
Latest Posts
Article information

Author: Jonah Leffler

Last Updated:

Views: 5800

Rating: 4.4 / 5 (45 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Jonah Leffler

Birthday: 1997-10-27

Address: 8987 Kieth Ports, Luettgenland, CT 54657-9808

Phone: +2611128251586

Job: Mining Supervisor

Hobby: Worldbuilding, Electronics, Amateur radio, Skiing, Cycling, Jogging, Taxidermy

Introduction: My name is Jonah Leffler, I am a determined, faithful, outstanding, inexpensive, cheerful, determined, smiling person who loves writing and wants to share my knowledge and understanding with you.