Header bg
  • section background

    How Much Is Tenant Insurance in Calgary?

    Hero bg 2
    how to choose insurance deductible canada

    You might be curious about the cost of tenant insurance as a tenant in Calgary. Tenant insurance, sometimes referred to as renters insurance, guards your personal belongings in case of loss or damage from fire, theft, or other insured incidents. This post will discuss the price of tenant insurance in Calgary as well as the variables that affect your quote.

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Get a free quote

    4.7 rating

    Google Logo

    Factors that Affect Tenant Insurance Cost

    Several factors influence to the cost of tenant insurance, including:

    Coverage Limits

    The amount of coverage you require is the primary factor influencing the cost of renter insurance. Higher coverage limitations usually translate into higher monthly premiums.

    Deductible

    The amount you have to pay out-of-pocket before your insurance coverage begins is known as the deductible. A bigger deductible lowers the monthly premium, but in the event that you need to submit a claim, you'll be footing a larger portion of the bill.

    Location

    Your location has a big impact on your renter insurance premium, just like it does for any insurance. Your premium can go up if you reside in a place where there are more environmental hazards, like wildfires or floods, or if crime is more common.

    Type of Property

    Tenant insurance premiums are influenced by the kind of property you rent as well. For instance, you will have to pay more and obtain greater coverage for a single-family home than for a studio apartment.

    Insurance Provider

    Lastly, insurance providers vary in their pricing, policies, and premium calculation methods. You’ll need to shop around for the best quotes to secure the most affordable insurance for your needs.

    Get comprehensive Tenant Insurance for what matters

    Get no-nonsense coverage that's the best value for your money. Purchase in less than a minute, receive your policy instantly, and save when you buy online.

    Average Cost of Tenant Insurance in Calgary

    The average cost of tenant insurance in Calgary is between $20 and $40 per month. However, your premium may be higher or lower depending on the factors listed above. APOLLO offers comprehensive coverage for tenants starting at just $11/month.

    Related Read: Does Renter’s Insurance Cover Water Damage?

    Importance of Tenant Insurance

    While it's not required in Calgary, tenant insurance is strongly advised. It can be quite expensive to replace everything you own, and you never know what might happen. Tenant insurance can give you financial relief from unfavourable situations while also giving you piece of mind that your property is safeguarded.

    APOLLO offers effortless tenant insurance that’s designed to protect Canadian renters. Get a free quote on our online platform in less than a minute and we’ll send your policy documents right to your inbox.

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Originally published July 27, 2023, updated March 11, 2024

    Back to APOLLO Magazine
    Share this article

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.

    Relevant articles

    section background
    section background

    Getting insured is as easy as 1 - 2 - 3

    Tell us (very little) about yourself
    1

    Tell us (very little) about yourself

    Just tell us your address, your name, email and phone number. And that's it. We'll give you a price in less than a minute.

    Pay online easily and securely
    2

    Pay online easily and securely

    You can choose to pay monthly or save money by paying for the entire year in one easy payment.

    Get your documents in your inbox - instantly
    3

    Get your documents in your inbox - instantly

    As soon as you complete your purchase, you'll find your proof of insurance and policy documents waiting for you in your inbox.

    Get covered today - it couldn’t be easier

    We’ve provided more than 1,000,000 quotes to Canadians just like you. Give it a try!

    Google Logo

    Reviews

    4.7 rating

    1,781 reviews

    view all

    Across Canada

    Contact Us
    Apollo logo

    © 2024 APOLLO Insurance Solutions Ltd.

    111 Water Street, Unit 210, Vancouver, British Columbia, V6B 1A7

    APOLLO Insurance Agency Ltd. (o/a APOLLO Brokerage in the province of Ontario only) is a licensed retail brokerage, offering our clients with a comprehensive set of insurance solutions to meet their individual needs. APOLLO Insurance Agency Ltd. maintains necessary corporate licensing in provinces across Canada. Availability of products and service depends on licensing and product availability. The information that appears on this page is provided for information purposes only. Advertised products and prices are not guaranteed and vary based on insurance provider and/or insurance company's discretion and product availability.

    Transparency and Disclosure: APOLLO Insurance Agency's role is to provide you with exceptional service and the best insurance products that suit your needs. As a licensed retail brokerage, our compensation is based on a commission basis already built into your insurance premium and varies based on the product purchased through our platform. For a description of how APOLLO Insurance Agency is compensated and how this is calculated, please refer to our Compensation Disclosure document. For consumers in Ontario, please review the RIBO Conduct Fact Sheet and the RIBO Conduct Guidance document.