There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
Yes, your auto insurance company can drop you. Here’s how to protect yourself against worst-case scenarios Feb 8th
A 74-year-old Brampton retiree was dumped by her insurance company after she was in two accidents, even though she says one wasn’t her fault..... More »
Compare high-risk auto insurance quotes for Ontario Feb 8th
The cost of auto insurance—which is required for drivers in Canada—can vary widely. Why? Because it’s all about risk. How risky your car is—is it prone to safety issues that could cause an accident? Is it a car-thief magnet? How risky your neighbourhood is—whether you live in an urban or r.... More »
Making sense of the markets this week: November 3, 2024 Nov 4th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Apple, Nvidia growth—no cap
Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »
Understanding Health Care Spending Accounts (HCSAs) Mar 25th
In Canada, Health Care Spending Accounts (HCSAs) have become a popular benefit offered by many employers. These accounts offer employees a flexible, tax-efficient way to manage health-related expenses such as dental, prescription drug and paramedical costs.
Let’s discuss what HCSAs are, how t.... More »
The Canadian Dental Care Plan is now available to millions more, with coverage starting in June. Here's who's eligible + MORE Jun 1st
The dental plan, currently in its second year, will be available to many Canadians 18 and over, including their children, with eligibility based on household income, insurance and other factors..... More »
What is tenant insurance?
– moneysense.ca
Tenant insurance, also known as renter’s insurance, is one of the costs of adulting that seems to have no payback. But the reality is that you likely can’t afford not to have tenant insurance. The cost of a policy (which can range from $15 to $30 a month) is a small price to pay when you consider that it covers your valuables against loss or damage, protects you from liability when someone is injured in your home and, ultimately, gives you peace of mind.
What is tenant insurance?
Tenant insurance is a form of home insurance that protects renters and their personal belongings from theft, fire loss and other common risks. If something happens to the possessions on your property, tenant insurance covers the cost of replacing or repairing them.
It also protects renters against liability. According to the Insurance Bureau of Canada (IBC), tenants are legally responsible for property damages—accidental or otherwise—and for any injuries their visitors may suffer. If you’re not properly insured and you cause a grease fire that results in smoke damage to your apartment, you could owe for more damages…
