Tenant Legal Liability Insurance Products

Compare 97 products offered for Tenant Legal Liability Insurance from 41 companies including RSA, Trans Canada Insurance Marketing, and Beacon Underwriting.

Our Insurance Comparison Tool allows you to pick the policy that's right for you by comparing every plan offered by Canada's leading providers. Need more info? Our Frequently Asked Questions can break down Tenant Legal Liability in more detail.

Compare Tenant Legal Liability Insurance Policies

Products 1 to 10 of 97
Product name Max Coverage Min Premium Exclusions
Tattoo and Piercing Artists by Premier Group of Companies Max Coverage CA$15K Min Premium CA$500
  • tattooing of the eyeball or inside of the eyelids


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Medical Malpractice - Alternative Therapists by Premier Group of Companies Max Coverage CA$10K Min Premium CA$250


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Disability Support Services by Frank Cowan Company Max Coverage CA$50M Min Premium N/A


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Children and Youth Services by Frank Cowan Company Max Coverage CA$50M Min Premium N/A


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Small Vendor by Beacon Underwriting Max Coverage CA$2M Min Premium N/A


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Adventure Tourism by Cambrian Special Risks Insurance Services Max Coverage CA$5M Min Premium N/A


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Contents in Storage by Beacon Underwriting Max Coverage CA$1M Min Premium N/A


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Commercial General Liability by Cansure Max Coverage N/A Min Premium N/A


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Festivals and Events by Special Risk Insurance Managers Max Coverage CA$10M Min Premium N/A


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Welding Contractors and Consultants by Cansure Max Coverage CA$5M Min Premium N/A
  • Quebec


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Frequently Asked Questions

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What Is Tenant Legal Liability Insurance?

Tenant Legal Liability insurance provides coverage for loss or damage caused to rented properties. When someone rents a property, they may purchase a separate Contents insurance policy but they are also legally liable for any loss or damage caused to the property. Home insurance policies are not suitable for those renting properties, however a Tenant Legal Liability insurance policy will be more appropriate in filling the gaps in coverage.

 

Unlike Renter’s insurance, Tenant Legal Liability provides policyholders with the option of insuring a building that is not lived in by the owner. However the only type of loss or damaged that can be covered are those caused by the tenant.

What Is Tenant Legal Liability Insurance?

Tenant Legal Liability insurance is generally for:

 

  • Landlords
  • Property owners
  • Property management companies

Those renting out, leasing or managing properties for private use may need financial protection in the case of tenant-caused property damage losses. Some landlords or property owners may add the premium amounts owed to the rent as an additional expense to the property.

Depending on the tenancy agreement, landlords may request payments for costs towards repairs. Tenants may take out their own Tenant Liability insurance policy so that they are covered if they cause any damage to the property or furniture, fittings and fittings. While a deposit may cover any loss or damage caused during a tenant’s stay, the amount may not be enough to cover the costs of any accidental damage caused.

The benefit of a landlord taking out a Tenant Legal Liability insurance policy over a Tenant taking out Renter’s insurance is that the coverage limits are higher with the former.

What Does Tenant Legal Liability Insurance Cover?

A Tenant Legal Liability insurance policy will generally cover loss or damage caused by a tenant to a property, furniture or fixtures belonging to a landlord against the following:

 

  • Fire
  • Water
  • Smoke
  • Explosions
  • Leaks

What Is Not Included In Tenant Legal Liability Insurance?

As a Tenant Legal Liability insurance policy is specific there are certain types or causes of loss and damage are not generally included, including:

 

  • intentional damage
  • damage caused whilst the property is unoccupied for more than 30 days
  • gradual wear and tear
  • existing damage
  • damage caused by pets
  • damage caused to property not belonging to the landlord

How Much Does Tenant Legal Liability Insurance Cost?

A Tenant Legal Liability insurance policy will be determined based on the following:

  • age of the property
  • size of the property
  • location of the property
  • value of covered items (eg furniture, fittings, fixtures)

As well as being a standalone insurance policy, Tenant Legal Liability can also be combined or added onto a Commercial General Liability possible where appropriate. A deductible will normally be required for standalone policies.