, Insurance is your responsibility.
You are responsible, under your lease, for getting insurance for your unit and your belongings.
This type of tenant insurance is usually called contents insurance or renter’s insurance.
Why you need insurance
Imagine your home suddenly floods due to a burst pipe or a fire breaks out unexpectedly.
Can you cover the cost to replace your personal items like electronics, furniture, clothing, food, jewelry, or medication?
If you need to relocate from your unit, can you afford the cost of a hotel stay or temporary rental?
$20,000
The average cost to replace everything in a one-bedroom unit.
$200
The average cost of one night's stay in a hotel.
Toronto Community Housing’s insurance policy covers damages to the building only. It will not pay to replace your personal belongings.
How tenant insurance helps
Cover your items
If your personal belongings are damaged or stolen, tenant insurance can help you replace or repair them.
Liability protection
Accidents happen. Tenant insurance can help cover legal costs and medical bills to another party for a claim you are responsible for, like a kitchen fire or if your pet bites someone.
Help with expenses
If you can’t stay in your home because of a fire, flood, or other emergency, insurance can help cover the costs of hotel stays or a short-term rental. torontohousing.ca/insurance