Rental Properties

Before renting out your primary or secondary residence, contact your insurance representative. Make sure that your home insurance provides adequate coverage and no exclusions apply.

Insurers treat owner-occupied homes differently than homes rented to third parties. Changes in occupancy can affect your coverage, so always speak to your insurance representative if you are considering a change.  

Landlords and tenants have different rights and responsibilities. Consider your insurance coverage and responsibilities before you rent your property.

Renting Out Your Primary Residence?

A major sporting or cultural event is coming to your city. You decide to rent your home to visitors for a few weeks and take a holiday. While you are away, a burglary occurs and your jewellery is stolen. You call your insurer to make a claim. Are you covered?

  • Your homeowner's policy was designed specifically for you and sold with the expectation that you, the owner, would reside in the dwelling.
  • Some policies may not permit you to rent your home to someone else, even for a short period of time.
  • Before you rent your home, or even a portion of it, check with your insurance representative to determine how the arrangement may affect your insurance coverage.