What does Tenant Insurance cover in Ontario?

What does Tenant Insurance for Renters Cover?

Tenant insurance, also known as renter's insurance, typically covers personal property against loss or damage from events such as fire, theft, and certain natural disasters. It may also provide liability coverage if someone is injured in the rental property and holds the tenant responsible. Some policies may also include additional coverage options, such as:

  • Medical payments coverage: for minor injuries that occur on the rental property.

  • Additional living expenses: if the rental property is damaged and uninhabitable.

  • Personal liability: in case you are held liable for damage to the rental property or injury to someone else, it will cover legal and medical expenses.

It's important to note that not all policies are the same, some may have limitations and exclusions, so it is important to read the policy carefully and understand what is covered and what is not.

It's also important to note that tenant insurance does not cover damage to the rental property itself, as this is the responsibility of the landlord or property owner.

For further tenant insurance information, please review the information here.

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