Tenant Insurance FAQ

Buying insurance online with PC^® insurance means you have the option to conveniently purchase insurance coverage through our website from any location, without needing to call in to our call centre to purchase your policy.

Yes, when you buy insurance plans online through PC^® insurance, your personal data and payment information is securely processed through trusted payment gateways.

When purchasing insurance, you’re buying directly with PC^® insurance. As a broker, we compare quotes from multiple insurance providers, so you don't have to. Auto and Home insurance are arranged for by PC Financial^® Insurance Broker Inc. and underwritten by several selected Canadian insurers.

After two days, you will receive a confirmation email informing you that your application has been processed and your insurance is now in effect.

Tenant insurance is an insurance policy that covers the contents of a rental unit like a house, apartment, or condominium.

In the event of fire, theft, vandalism, or water damage, the policy can cover the contents of the unit and some personal liability.

Tenant insurance policies can cover expenses in the event of damage or loss to your rental unit or personal belongings.

Hotel Costs

If you have to move out of your rental for it to be repaired due to an insured loss, your policy could cover the cost of additional living expenses such as a hotel, meals, and moving expenses.

Fire Damage

In the event of a fire, your policy could cover the cost of replacing damaged contents.

Stolen Goods

In addition to covering the cost of any goods stolen from your rental unit, your policy could also cover items stolen from your car.

Check the contents of your policy to learn more about what specifics it covers.

There are several factors that insurance providers take into consideration when determining the cost of your tenant insurance, such as:

• your postal code

• the value of contents you want to cover (or “contents amount”)

• Building type

• Building construction

To get a better idea of what you would pay, get a free online quote now.

Tenant liability insurance can cover the policy holder in the event that a visitor is unintentionally injured on their property or they are found liable for damages to someone else’s property.

Tenant insurance policies can cover expenses in the event of damage or loss to your rental unit or personal belongings, as well as liability in the event that a visitor is injured on your property or you cause damage to someone else’s property.

Get a free online quote today.

A single tenant insurance policy can cover a roommate, provided that each person is named as insured on the policy.

Otherwise, each roommate can choose to take out their own insurance policy.

Before taking out a tenant insurance policy with your roommate, be sure to have a thorough understanding of the value of your own property, the value of your roommate’s property, and who will manage the policy.