Nova Scotia Tenant Insurance

This is a common misconception – the landlord does have insurance that protects their interests, such as the building and any structures or items belonging to the landlord or rental company. Unfortunately, their policy does not cover your belongings, protect you if someone is injured in your rental unit, or provide you with a place to stay if your unit in not able to be lived in due to a claim – that is why you need tenant insurance!

For more information – see our blog, “3 Reasons You Should Really Have Renters Insurance“!

Great question! Visit our blog post “Tenant Insurance 101” for a deep dive on tenant insurance coverages, but basically, tenant insurance typically covers your personal belongings, including furniture, electronics, clothing, and other valuables, against perils such as theft, fire, vandalism, and (if your policy includes it)water damage. It also provides liability coverage if someone is injured in your rented space and covers additional living expenses if you are temporarily displaced due to a covered loss.

Like any insurance policy, tenant insurance may have certain exclusions or limitations – this means that some “perils” or situations may not be covered.

Common exclusions may include intentional damage/vandalism, damage caused by war activities, earthquakes, and certain types of high-value items (these can be covered separately). It’s important to review your policy and understand what is covered and what is not – contact our team for a coverage review!