Best credit cards for rental car insurance in Canada + MORE Dec 14th

How to go about securing the best policy for your insurance in Canada.
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Owning rental properties can be a rewarding (and profitable) venture. It offers steady passive income, builds long-term wealth and provides valuable tax advantages. But with these perks come significant responsibilities—and risks.

Being a landlord can also be time-consuming, and you face potential liabilities that could cost you. From property damage to accidents involving tenants or visitors, unforeseen events can strain your finances—if you’re unprepared. For example, if a tenant trips on a walkway leading to your property and is injured, you could face legal costs and be responsible for paying their medical expenses.

Whether you’re renting out a single-family home or a multi-unit property in Canada, here’s what you should know about landlord insurance.

Landlord insurance vs. homeowner insurance: What’s the difference?

“Can I use home insurance to cover my rental property?” you might wonder. Home owner insurance and landlord insurance are both types of property insurance, but they have different types of coverage and address different risks…

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Best credit cards for rental car insurance in CanadaRental car insurance is a travel insurance benefit included with many premium credit cards. Understanding credit card rental car insurance can give you peace of mind and save you money the next time you hit the road. Let’s dive into the best credit cards with rental car insurance coverage in Canada.

Featured credit cards

featured

American Express Cobalt Card

Features: Coverage for vehicles with a manufacturer’s suggested retail price (MSRP) of up to $85,000 for up to 48 consecutive days.

learn more

Annual Fee:
$156

Interest Rates:
21…

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