Header bg
  • section background

    Am I Covered Under My Landlord’s Insurance Policy?

    Hero bg 2
    landlord insurance coverage canada

    While your landlord probably has the building insured, it doesn’t mean you don’t need your own insurance policy. Read on to find out more.

    Landlord insurance is a type of insurance policy that provides protection for landlords and their properties in the event of any physical damage, accidents, or liability lawsuits. This type of policy is essential for landlords to have as it can provide coverage for any unfortunate incidents on the property. However, it doesn’t mean that it provides protection for tenants. In this article, we’ll be taking a look at exactly what your landlord’s insurance covers.

    Related Read: Does Tenant Insurance Cover Damage to Landlord’s Property?


    Need Tenant Insurance?

    Get a Free Quote


    Coverage Provided by the Landlord’s Policy

    Generally speaking, the landlord’s insurance policy covers the physical structure of the property and any structures on it that are owned by the landlord. This includes things such as detached garages, fences, landscaping, and more. Additionally, if there is an injury that happens on premises due to negligence from the landlord’s side, then this policy can protect them from any potential liability lawsuit arising out of this incident.

    Exclusions of the Landlord’s Policy

    Unfortunately, there are some exclusions when it comes to a landlord insurance policy. These include losses caused by tenants or their guests such as accidental breakage or theft. The policy also does not typically provide any coverage for any possessions inside the home belonging to the tenant(s).

    How to Know What You’re Covered For

    In order to get a full understanding of what is covered under your landlord’s policy, you must read through your lease agreement carefully and pay close attention to all sections related to insurance coverage. Having a professional review your contract can also help ensure you understand what type of protection you have should unforeseen events occur.


    Need Tenant Insurance?

    Get a Free Quote


    Why You Should Have Your Own Tenant Insurance

    Having your own tenant insurance policy is just as important for renters as having their own landlord insurance policy is for landlords. Although the landlord’s policy may cover the building, it generally doesn’t provide any coverage for your property inside the apartment or condo unit. Also, having an ongoing tenant insurance policy is often a requirement of your lease.Let’s take a look at the policies included in tenant insurance that make it such a worthwhile investment:

    Personal Liability

    This type of tenant insurance policy protects the tenant from any potential legal issues due to negligence on their part. It covers any damage caused by the tenant, such as accidental breakage or theft by guests. Having this additional protection will provide an extra layer of security against costly lawsuits that may arise out of any unexpected incidents.Related Read: When Are You Liable for Your Guest’s Injuries?

    Contents Coverage

    This type of insurance covers any possessions inside the home belonging to the tenant(s). This includes items such as furniture, clothing, electronics, and more. Having contents coverage provides tenants with assurance that their personal belongings are protected in case anything unforeseen happens.

    Additional Living Expenses

    In addition to covering property damage and liability, this type of policy also covers any additional living expenses if the residence becomes uninhabitable due to a covered incident. This includes things like hotel costs and food bills should tenants need to find temporary housing while repairs are being made or until a new residence can be found. Having an additional living expenses policy in place is essential for renters who want to make sure they have protection for any unplanned costs that may arise due to unforeseen events.

    Related Read: What Is Renters Insurance and Why Is It Important?

    APOLLO offers effortless insurance solutions for renters, so you can have peace of mind that your belongings are covered — even the Amazon packages on your porch. Get a free quote in less than a minute and we’ll email your documents directly to your inbox.


    APOLLO Has You Covered

    Get the protection you need in minutes with custom Tenant Insurance from APOLLO.

    Get a Free Quote


    Originally published March 29, 2023, updated August 25, 2023

    Back to APOLLO Magazine
    Share this article

    Get a quote 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

    4.6 rating

    Google Logo

    Get a quote 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

    4.6 rating

    1,861 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.