Covers the building itself; covers fire, natural disasters, vandalism; compensates for repair/restoration/replacement up to policy limits.
Covers landlord-provided appliances, furnishings, and décor. Does not cover tenant belongings.
Protects from third-party claims for bodily injury or property damage; covers legal fees and settlements up to policy limits.
Tell us about your insurance needs and current coverage.
We shop multiple trusted insurers to find coverage that fits your needs and budget.
Review your options, choose what fits your needs, and get your policy started, often the same day.
Serving all of Ontario, our brokers are available in every region. Find the closest office to you.
Don’t see your city? Call us to find
the nearest broker to you
Our licensed brokers help clients throughout Ontario — virtually, by phone, or in person.
What Is Student Rental Insurance for Landlords?
Ontario student rental insurance is a type of landlord insurance designed to protect rental property owners from financial loss in the event that the property or your belongings on the property are stolen, damaged, or destroyed by an insured peril, or if the property becomes uninhabitable due to damage caused by the occupant. Also known as student housing insurance or student rental house insurance, this type of policy also provides liability coverage for legal defence fees and settlement costs should you be found liable for causing third-party property damage or bodily injury. Coverage can vary depending on how your policy is written and your unique insurance requirements.
Should Landlords Require Students to Have Tenant Insurance?
Including a clause in the lease requiring student tenant insurance benefits both parties: Protects tenants’ belongings and liability; Reduces legal conflicts; Meets insurance provider requirements for landlords.
Who Needs Student Rental House Insurance in Ontario?
Anyone renting residential property to full-time student tenants should have coverage. Applies to houses, duplexes, condos — confirm exact property type with broker.
Student Rental Insurance vs Standard Landlord Insurance in Ontario
Standard landlord policies cover long-term residents; student rental insurance addresses higher turnover, extended vacancies, potential property damage by students new to independent living.
Is Student Rental House Insurance Legally Required in Ontario?
Not legally required. Strongly recommended by insurance professionals; typically required by mortgage lenders. Significant risk without coverage.
Student Rental Insurance vs Student Tenant Insurance
Student rental insurance = landlord protection. Student tenant insurance = tenant belongings and liability. Landlords should understand the difference. Benefits of requiring tenant insurance in lease: protects tenants' belongings/liability, reduces legal conflicts, meets insurer requirements.
Does Student Rental Insurance Apply if the Property Is Vacant?
Vacant properties have higher risk. Coverage can be adjusted to transition between student rental insurance and vacant property coverage. Verify with broker.
