What We Cover

Personal Property Coverage: Covers your contents, valuables, and personal belongings in your rental home. It helps pay for repair or replacement after a covered loss, such as theft or fire.

Additional Living Expenses Coverage: Pays for necessary extra costs, like rent, if you're temporarily displaced due to a covered event.

Personal Liability Coverage: Protects you if you're found legally responsible for an accident in or outside your rental home that causes bodily injury or property damage.

Tenant Insurance with Vanguard

For renters, the process usually involves five key steps: setting a budget, choosing a location, viewing homes, deciding, and packing. However, one critical step often overlooked is securing tenant insurance. Many landlords now require proof of tenant insurance as part of the rental agreement.

What is Tenant Insurance?

Tenant insurance also known as renters insurance protects your personal belongings, provides liability coverage, and may cover temporary housing expenses after a loss. It’s important to note that tenants are not covered under their landlord’s insurance policy. With affordable pricing and clear coverage options, tenant insurance is becoming essential for renters across Ontario.

How to Get Started With Vanguard’s tenant insurance, you can get up to:

- $100,000 in personal property coverage

- $30,000 in additional living expenses

- $2 million in personal liability coverage

Our policies cover individuals, couples, or up to two roommates sharing a rental unit. Premiums start at just $17/month. Additional coverage is available for valuables like jewelry, electronics, or pets.

Getting covered is easy: complete the entire process online, receive an instant quote, bind your policy, and download your insurance documents all in a few clicks.

Types of Rental Housing in Canada

Apartments: Ranging from basement units to high-rise buildings, often with shared amenities like laundry rooms and fitness areas.

Houses: Includes townhomes, duplexes, semi-detached, and detached homes. Typically offers more space and outdoor access.

Rooming Houses: Ideal for students or short-term renters.

Often includes private fridges and shared common spaces.

Average Rent by City (Ontario)

Toronto: $2,800/month

Windsor: $1,350/month

Belleville: $1,450/month

Peterborough: $1,300/month

Average Rent (Canada, Including Utilities)

Alberta: $1,279

British Columbia: $1,148

Manitoba: $891

Newfoundland: $836

New Brunswick: $741

Northwest Territories: $1,191

Nova Scotia: $909

Nunavut: $737

Ontario: $1,109

Prince Edward Island: $817

Quebec: $776

Saskatchewan: $1,021

Yukon: $1,040

No matter your rental situation, Vanguard offers the right tenant insurance solution tailored to your lifestyle and budget. With just one click, you can protect your belongings and gain peace of mind.

Start your tenant insurance policy today.