Header bg
  • section background

    What's the Average Cost of Tenant Insurance in Hamilton, Ontario?

    Hero bg 2
    does tenant insurance cover damage to landlord’s property

    For residents of Hamilton, Ontario, understanding the costs associated with tenant insurance is a key step in securing the right protection for your rental home. Tenant insurance, while often overlooked, is a crucial investment for protecting your belongings and financial wellbeing. At APOLLO Insurance, we're here to help you navigate the landscape of tenant insurance costs in Hamilton.

    Get Tenant Insurance in less than a minute

    Get no-nonsense coverage that's the best value for your money. Purchase policies starting at $11/month, receive your documents instantly, and save when you buy online.

    Get a free quote

    4.7 rating

    Google Logo

    Understanding Tenant Insurance

    Tenant insurance is designed to protect renters from various risks including theft, fire, water damage, and personal liability. It’s important for tenants to understand that their landlord’s insurance typically only covers the building itself, not the tenant's personal belongings or liability.

    Average Cost of Tenant Insurance in Hamilton, Ontario

    The cost of tenant insurance in Hamilton can vary based on several factors including the value of your personal property, the type of coverage you choose, and the location of your rental unit. On average, tenants in Hamilton can expect to pay between $15 to $25 per month for a basic tenant insurance policy. However, this is just an average, and your specific rate may be higher or lower depending on your individual circumstances.

    Factors Influencing Tenant Insurance Costs

    1. Value of Personal Property: The more belongings you have, and the higher their value, the more coverage you’ll need, which can increase your premium.

    2. Type of Coverage: Choosing a policy with comprehensive coverage or adding extra protection like sewer backup coverage can affect the cost.

    3. Deductible Amount: A higher deductible typically means a lower monthly premium, but more out-of-pocket expenses in the event of a claim.

    4. Location of Rental Unit: Areas with higher crime rates or risks of environmental damages might see higher insurance premiums.

    Getting Insurance with APOLLO Insurance

    At APOLLO Insurance, we understand that every tenant in Hamilton has unique needs. That's why we offer customizable policies. You can choose what to include in your coverage, ensuring that you're only paying for what you really need.

    1. Customizable Policies: Our policies are designed to be flexible. You can adjust coverage limits and deductibles to suit your budget and coverage needs.

    2. Easy Online Process: Get a quote and purchase your policy online quickly and effortlessly.

    3. Expert Support: Our team is available to answer any questions you have, helping you make the best choice for your situation.

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

    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.

    Originally published March 20, 2024, updated March 22, 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.