How to Get Tenant Content Insurance
If you’re a renter, your landlord’s insurance policy probably doesn’t cover your personal belongings. That’s where tenant content insurance comes in. This policy can protect you if your possessions are damaged or stolen. Here’s your step-by-step guide on how to secure tenant insurance and ensure peace of mind in your rented property.
Need Tenant Insurance?
Understanding Tenant Content Insurance
Before rushing to purchase an insurance policy, you must understand Tenant Content Insurance, sometimes referred to as renter’s insurance.
It’s a type of insurance designed to cover the cost of replacing your personal belongings (furniture, electronic devices, clothes, etc.) if they become damaged or stolen.
It can also provide liability coverage if someone injures themselves in your home and decides to sue.
1. Calculate the Value of Your Possessions
It is necessary to calculate the worth of the items in your rented space. This helps obtain a policy that accurately reflects the value of your belongings.
Create a list of your belongings, including furniture, electronics, jewelry, and other valuable items.
Estimate the replacement cost of each item on the list.
APOLLO offers tenant insurance starting at just $11/month.
Get the protection you need in minutes with custom Tenant Insurance from APOLLO.
2. Shop Around
With the estimated value in hand, you can start shopping around for insurance. Several different companies offer tenant content insurance, and the premiums and coverage can vary widely, so:
Check out multiple insurance providers to compare prices and coverage.
Check for any discounts. Some insurers offer discounts if you bundle your renter’s insurance with other policies, like car insurance.
3. Understand Your Coverage
Before you sign a policy, make sure you understand what it covers.
Insurances generally cover damage caused by fire, theft or vandalism.
Some policies cover living expenses if your rental becomes uninhabitable due to a covered loss, and some offer liability protection.
Understand the difference between the “Actual Cash Value” policy and the “Replacement cost” policy.
Check if your policy offers a deductible, which means you’ll pay out of pocket before the coverage kicks in.
Need Tenant Insurance?
4. Purchase Your Policy
Once you’ve selected the coverage that suits your needs, it’s time to purchase.
Contact your chosen insurance provider.
Provide all the necessary documentation, including personal information and the list of your belongings.
Pay the mentioned policy premium, and voila! You now have tenant content insurance.
APOLLO offers effortless tenant insurance designed to protect renters across Canada. Get your free quote in less than a minute on our online platform and we’ll send your policy documents directly to your inbox.
APOLLO Has You Covered
Get the protection you need in minutes with custom Tenant Insurance from APOLLO.
Originally published June 28, 2023, updated August 25, 2023
Back to APOLLO MagazineTenant Insurance Starting at $13/month
The only tenant insurance provider with a Best Price Guarantee. Already have a policy or quote? We’ll beat the price. Guaranteed. Terms apply.
Get a free quote
4.7 rating
Tenant Insurance Starting at $13/month
The only tenant insurance provider with a Best Price Guarantee. Already have a policy or quote? We’ll beat the price. Guaranteed. Terms apply.
Get a free quote
4.7 rating
Relevant articles
Getting Insured is As Easy As 1 - 2 - 3
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.
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.
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!