Just because you are covered by your landlord’s insurance, you think you don’t need a renter’s insurance? Think again. A tenant should have a renter’s insurance in order to protect their belongings from perils like theft, fire or any other disaster. Studies have shown that about two-third of the landlords are uninsured for their belongings and for any liability arising. In order to stay on the safer side, we at Multi Risk advise you to take tenant insurance coverage.
Our insurance brokers in Toronto, Mississauga, Brampton, Markham, Scarborough & Vaughan will get the best coverage for you to meet all your requirements. Our professionals will assess the risk profile and offer you protection against the damage or loss of personal property. Renter’s insurance is necessary to cover your personal property since the landlord’s insurance will only provide coverage for the rented apartment in which you reside.
Renter’s insurance will not only safeguard your personal items but will also offer you liability protection and temporary housing in the event of some mis-happening. Our renter’s insurance will protect you during a liability lawsuit against you. This situation may arise when you are held responsible for:
Our Toronto based insurance brokers will assess your needs and offer you the best options to choose from.
Think of the cost associated with having to replace all your belongings. Imagine, one day you return to find a burned down home. Where would you go? Who will pay to replace your belongings – clothes, appliances, furniture and other things? This is where you would need renters insurance. With this insurance, you get peace of mind knowing that everything you own is protected.
