Tenant Insurance for Kitchener and All of the Waterloo Region
Is It Really Necessary?
More and more people are enjoying the flexibility and convenience found living in apartments and other rented dwellings. It is a common misconception that your precious belongings are covered by your landlords insurance when in fact the landlords policy covers the building (bricks and mortar) and you are responsible for insuring your contents. It is important that you protect yourself from fire, theft and vandalism. In Ontario more than 50% of renters are uninsured for their contents or fail to carry any liability arising out of their tenancy. Don't become a statistic, content insurance should be near the top of your list of priorities. Contact us now for a free quote.
According to the Insurance Bureau of Canada, about half of all renters do not have insurance, this is especially true for young people. Failing to see the full value of your personal belongings can put you at risk of a severe financial burden. It is important to also consider your legal liability should you be deemed responsible for damages caused to the landlords property, i.e. leaving a tap on in the bathroom resulting in water damage.
Read Your Lease Before You Sign...
Renters Insurance in Kitchener and the Waterloo Region is not mandatory by Government standards, however most landlords will not give you the option, and we agree. If you are a student, single, married or a retiree, our team of Brokers will walk you through the process of determining the value of your contents and offer you the best price with the most complete coverage. You may be surprised at how affordable Tenant Insurance can be. Click on the button below and someone will be in touch with you shortly.
Peace Of Mind
Before you say no to our free quote, don't forget that you could be held legally responsible for damage you cause to any part of your rented space or unintentional harm caused to others who live or visit you. Here are some things we would like you to consider:
- Legal liability limits of 2 million dollars - the cost of defending yourself in a lawsuit could devastate you and your family
- Additional living expense coverage - in certain circumstances, expenses incurred while your apartment is being repaired may be covered
- Contents - don't underestimate the value of what you own which includes clothes, jewelry and electronics. Could you afford to replace everything you own?
- Replacement cost versus actual cash value
Talk to one of our insurance professionals today so you will sleep better tomorrow.