DISCUSS, LEARN & SHARE

Information about Insurance and Mortgages in Canada

Kanetix Forum


KANETIX FORUM
 
Landlord Insurance

I just purchased a property that I will be renting out and I currently live at home with parents. Most companies that i've called said that they won't insure me unless my Primary residence insurance is with them. Anyone know of companies that will provide me with insurance. So far "Powell" is the only company that will do this.



Thanks

Posted by shafiqg on 2011/05/19 11:24:06

Hi,

For the most part, most insurance companies will not insurance a stand-alone rental property unless your primary residence is insured with them. Nevertheless, some brokerages like Powell, Drivers First or Cowan have special programs in place to insurance rental properties. As this is a really niche market - you will not find a lot of companies offering this kind of coverage.

Good luck with your search.

Sean Graham, Principal Broker at KTX Insurance Brokers

Posted by SeanGraham on 2011/05/19 13:04:23

X CLOSE
SHOPPING AROUND?
COMPARE HOME INSURANCE QUOTES