What Are the Cheapest Tenant Insurance Providers in Toronto?
When it comes to finding affordable tenant insurance in Toronto, there are several options to consider. In addition to well-known providers, there is also APOLLO Insurance, a leading digital insurance marketplace that offers competitive rates and comprehensive coverage. To help you find the best and cheapest tenant insurance providers in Toronto, we’ve compiled a list:
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1. APOLLO Insurance
APOLLO Insurance is a top contender when it comes to affordability in tenant insurance. With their user-friendly online platform, you can easily get a quote and customize your coverage to suit your needs and budget. APOLLO Insurance collaborates with multiple insurance partners, ensuring competitive rates and a wide range of coverage options for Toronto renters. And with policies starting at just $11/month for comprehensive coverage, APOLLO is one of the best options in Canada.
Related Read: Can Tenant Insurance Cost $11/Month?
2. Square One Insurance
Square One Insurance is known for its customizable tenant insurance policies at competitive prices. By using their online quote system, you can easily tailor your coverage to match your specific requirements and financial limitations. Square One Insurance also offers discounts for bundling policies or having monitored security systems in your rental property.
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3. Duuo
Duuo offers tenant insurance designed specifically for Canadian renters. They provide comprehensive coverage for personal belongings, liability, and additional living expenses at competitive rates. With Duuo’s online platform, you can effortlessly get a quote and select the coverage options that align with your budget.
4. RBC Insurance
RBC Insurance offers competitively-priced tenant insurance plans to meet the needs of Toronto renters. Their comprehensive coverage options provide protection for your belongings and peace of mind regarding your financial security. RBC Insurance also offers discounts for bundling policies and maintaining a claims-free history.
When searching for affordable tenant insurance providers in Toronto, it’s crucial to consider both the price and the level of coverage and service provided. It’s recommended to carefully review policy terms, deductibles, and any additional fees before making a decision.
Related Read: When Should You Review Your Insurance Premium?
APOLLO is Canada’s leading provider of tenant insurance, designed specifically for renters and customizable to your lifestyle. Get your free quote in less than a minute and we’ll send your policy documents right to your inbox. Discover the importance of tenants insurance in Canada and why it is recommended for most renters.
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Originally published August 18, 2023, updated August 22, 2024
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