Common Myths Regarding Renters Insurance

Affordability myth: "I hear renters insurance is too expensive."

Our policy can provide affordable basic protection of your personal property and can protect you in case of a liability lawsuit.

Landlord myth: "I think my landlord's insurance covers me."

Your landlord's insurance only covers the dwelling -- not your personal belongings and your liability.

Responsibility myth: "I don't need liability insurance."

Your landlord's policy may not cover your personal liability. You could be held responsible for injury to another person or damage to another person's property if an incident occurred within your rented residence, or elsewhere. Without liability coverage, your current and future earnings could be at risk. Renters insurance may also provide legal defence costs.

Ownership myth: "I don't own very much."

Most people's belongings are often worth more than they expect. That's one reason why you need renters insurance. However, it's important to know how much you need.