Students across Ontario are heading back to college and university. They have their schedules, supplies, and a new wardrobe - but do they have tenant insurance?
What Will Tenant Insurance Cover?
As a tenant, you are legally responsible for any damages you cause to any part of your building and for unintentional harm you may cause to others who live in or visit the property. Liability insurance generally covers you when you are legally responsible for these damages and unintentional harm. Your policy would also cover you for additional living expenses when you cannot live in your apartment due to a covered loss. Contents insurance covers the cost to repair or replace clothes and most household items. Your belongings are worth more than you think.
The Insurance Bureau of Canada has provided the top 10 reasons why all students should buy tenant insurance:
Top 10 Reasons To Buy Tenant Insurance
1. It's easy.
Talk to your parents about their cove ...