Why do tenants need contents and tenant liability insurance in Toronto?
Having proper tenant insurance in Toronto is the best financial choice to help you recuperate and recover after a loss event. Without it, you would be on the hook financially to replace your damaged or lost personal items.
If you were sued because someone was injured on your property or caused property damage, you would have to cover the legal costs out of pocket. Tenant insurance financially protects renters in Toronto. It will cover the costs to replace your items and pay for legal costs, in addition to other benefits and protections.
Is renters insurance for a condo different than insurance for an apartment in Toronto?
Renters insurance is the same if you are renting a condo or apartment in Toronto. They are designed for people who lease all types of dwellings. Toronto condo insurance, on the other hand, is specifically for owners of the unit. If you are not sure which plan is right for you, speak with our insurance providers. We’ll make sure you get a plan that fits your lifestyle.