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    What Is the Best Renters Insurance in Toronto?

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    tenant insurance index canada

    As a renter in Toronto, finding the right renters insurance provider is crucial to protect your belongings and safeguard against unexpected events. Renters insurance, also known as tenants insurance, provides valuable coverage for personal belongings, liability protection, and temporary living expenses. However, choosing the best renters insurance in Toronto can be challenging with the many options available. In this article, we explore some of the best renters insurance providers in Toronto, including APOLLO Insurance, and what to consider when selecting a policy.

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    Factors to Consider

    When selecting a renters insurance provider in Toronto, several key factors to consider include coverage limit, deductible, monthly premiums, and available additional coverages. You should ensure that your policy offers adequate coverage for your personal belongings and liability protection tailored to your needs.

    Best Renters Insurance Providers in Toronto

    Here are some of the best renters insurance providers in Toronto:

    1. Square One Insurance Services

    Square One Insurance Services is a highly-rated Toronto-based insurance provider offering customizable policies designed to meet your specific needs. Their policies are tailored to your requirements, ensuring you are not overpaying for coverages you don’t need.

    2. RBC Insurance

    RBC Insurance is an established insurance provider that offers comprehensive renters insurance policies covering personal belongings, liability protection, and additional coverages such as earthquake and sewer backup coverage. They also have a loyalty program that rewards customers who bundle their policies.

    3. Intact Insurance

    Intact Insurance is a leading Canadian insurer that provides renters insurance with competitive rates and flexible payment options. Their policies come with additional coverages such as identity theft protection, enhanced coverage for specific items, like jewelry or bicycles.

    4. APOLLO Insurance

    APOLLO Insurance is a Vancouver-based online insurance provider that offers renters insurance policies covering personal belongings, liability protection, and additional coverages like flood and earthquake coverage. Their easy-to-use online platform offers quick quotes and customized policies to meet your individual requirements.

    What Makes Apollo Stand Out?

    APOLLO Insurance stands out as one of the best options for renters insurance in Toronto due to its innovative online platform and comprehensive coverage options. As a Vancouver-based insurer, APOLLO Insurance offers an intuitive and user-friendly online interface that allows renters to quickly and easily obtain quotes and customize their policies to meet their specific needs.

    With APOLLO Insurance, renters can enjoy coverage for personal belongings, liability protection, and additional coverages such as flood and earthquake coverage. The combination of convenience, flexibility, and comprehensive coverage makes APOLLO Insurance an excellent choice for Toronto renters seeking hassle-free and reliable renters insurance.

    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.

    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.

    Originally published July 20, 2023, updated August 22, 2024

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    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.

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    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.