Insurance for the property you rent out.
Tell us about the property, the tenants and how it’s used. We’ll help you compare landlord insurance options from Canadian insurers.
Want to talk now?905-573-7471
Proudly Canadian
Quotes Made
SimpleCompare Canadian Insurers
Real Broker Advice
Claims Support
WHAT IT CAN INCLUDE
Coverage for the property, liability and rental risks.
Dwelling / Building
Coverage for the insured rental building after certain covered losses.
Landlord Contents
Coverage for items you own at the rental property, where applicable.
Personal Liability
Coverage for certain claims involving injury or property damage connected to the rental property.
Loss of Rental Income
Coverage may be available for lost rental income after certain insured losses.
Additional Structures
Coverage may extend to garages, sheds or other insured structures.
Optional Coverages
Additional protection may be available depending on the property and insurer.
What a policy actually includes varies by insurer. A broker can confirm the wording before you buy.
WHAT AFFECTS THE PRICE
What insurers look at.
Property location
Type of rental property
Age of building
Rebuild value
Roof
Plumbing
Electrical
Heating
Number of units
Occupancy
Claims history
Deductible
Coverage limits
Renovations / updates
BEFORE YOU QUOTE
What we’ll ask you.
01
What property are you renting out?
02
How many units does it have?
03
Who occupies it and how is it used?
04
When was it built and what major updates have been completed?
05
Do you own appliances, furnishings or other contents there?
06
What insurance is currently in place?
WHEN THINGS CHANGE
Times to review your landlord insurance.
A tenant moving out
A gap between tenants can change how the property is rated.
The property sitting vacant
Most insurers treat an extended vacancy differently.
Adding another rental unit
Unit count is one of the main rating factors.
Renovating
Work on the roof, wiring or plumbing can change the rating.
Starting short-term rentals
Short-term rental use often needs different coverage.
Furnishing the rental
Contents you own at the property may need to be listed.
Adding another structure
Garages, sheds and other structures need to be on the policy.
Changing how the property is used
How the property is occupied affects what applies.
WHY HIFA
A broker who looks at how the property is actually used.
WE ASK ABOUT THE PROPERTY
Rental homes can differ significantly in construction, occupancy and use.
WE COMPARE OPTIONS
A HIFA broker can help you compare available landlord insurance options.
WE HELP WHEN THINGS CHANGE
If the property, tenants or use changes, you can review the coverage with a broker.
Common questions
Landlord insurance questions.
Is landlord insurance different from home insurance?
Does it cover the tenant’s belongings?
Can it cover lost rental income?
What if the property becomes vacant?
What about multi-unit rentals?
What if I start short-term renting?
READY TO COMPARE?
Let’s look at the rental property and the coverage it needs.
Tell us about the property, the tenants and how it’s used. A HIFA broker can help you compare options.
Want to talk now?