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Tenant Insurance BC

Surex helps British Columbians find the best rates on tenant insurance. No matter what type of property you’re renting, we’ll find you a reasonably-priced policy offering the coverage you need.

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Tenant Insurance In BC - What Do You Need to Know?

Surex can help you find the absolute best rates on renter's insurance in British Columbia. We compare quotes from dozens of insurance providers and identify the best one based on your needs.

In BC, tenant insurance (also known as renter's insurance) protects you against common risks not covered by your landlord’s home insurance policy. That includes damage to your personal property caused by incidents such as fires, floods, and break-ins.

Tenant insurance also offers liability coverage. If a guest is ever injured while visiting your rented home, this coverage may kick in to shield you from legal and financial consequences.

For example, tenant insurance may be your only source of relief in the event that a fire or flood destroys your belongings on a rental property.

The provincial government doesn’t mandate tenant insurance. However, many landlords make tenant insurance a mandatory lease requirement, making it effectively required throughout much of British Columbia.

Most tenant insurance policies in BC provide coverage for three main types of perils.


If your belongings are damaged due to an incident on your rental property, tenant insurance may help with repair or replacement costs.

Tenant Liability Insurance in BC

Another popular type of tenant insurance coverage in BC reduces your personal liability in the event that a third party sustains losses as a result of your actions.

For example, if you don’t clear snow from your steps and a guest slips, tenant liability insurance can save you from bearing the brunt of costs related to a lawsuit and settlement.

Relocation costs

If an incident renders your rental home uninhabitable, tenant insurance can help you pay for the costs of relocating. That may include the cost of staying in a hotel for a few nights and purchasing meals you would have otherwise cooked at home.

Even if your landlord doesn't make tenant insurance a requirement of the lease, it's still a great idea to purchase it. Here are a few reasons.

Peace of Mind

Tenant insurance offers incredible peace of mind. If you've ever experienced loss or damage of your personal belongings, you likely know how welcome this peace of mind can be.

Without tenant insurance, you'd be entirely on your own as far as repairing or replacing damaged items, which can make an already stressful situation even worse.

You'll find this peace of mind especially helpful if an incident ever leaves your dwelling uninhabitable. As you look for an alternative housing arrangement, renter's insurance will cover the cost of temporary accommodations. Given that hotels and most other short-term arrangements aren't cheap, this can be a massive help.


Tenant insurance in British Columbia provides incredible peace of mind for relatively little money. Rates dip as low as $15 per month, which is less than you'd spend on parking for a couple of hours in some parts of Vancouver!

In other words, it's a very small price to pay in exchange for knowing your personal property is protected.

Receive Coverage Out of Your Home, Too

Renter's insurance also typically includes coverage for certain items even when you're outside of your home. Depending on the policy, this may include electronics, bicycles, and other items. Renter's insurance is often much cheaper than dedicated insurance for those particular items.

Keep in mind this coverage typically won't extend to more expensive items like jewelry, which you'd want to insure separately.

Benefit from Legal Liability Insurance Coverage

Even if you don't own anything you're financially incapable of replacing, tenant's insurance offers something very valuable: liability coverage.

If a guest injures themselves at your property and attempts to hold you liable, for example, tenant insurance may shield you from the financial burden.

This is especially important if you frequently have guests over or if you have pets capable of harming someone visiting your home.

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Frequently Asked Questions About Tenant Insurance in BC

There is no difference between tenant and renter’s insurance. Both terms are used to describe the same type of insurance policy.

This policy provides coverage against damage to or loss of your belongings while you are inhabiting a rented dwelling. You as the tenant are responsible for purchasing this insurance. Landlords in British Columbia typically make it a mandatory condition on your lease.

Content insurance is a benefit provided by most tenant insurance policies. It covers the cost of repairing or replacing stolen or damaged items.

Your landlord’s insurance policy will not cover your contents or belongings. It only protects their items as the policyholder. If you want coverage for your belongings, you’ll need tenant insurance.

Tenant insurance will also cover the cost of additional living expenses if your home is ever rendered uninhabitable by some sort of disaster or incident.

Landlords are indeed legally obligated to require tenant insurance as a term on your lease. Tenant insurance protects them from liability and potential headaches as well.

Depends on where you reside, the value of your total contents, your liability limits.  Policies normally start at $300/yr and increase as the content values and liability limits increase.

Any Personal Lines insurance provider can offer a tenant insurance policy.  If you contact the broker channel they can provide you with more than just one option, so you can see comparables in price and coverage!

Tenant insurance is rated based on the type of unit you rent, the number of tenants in the unit, the value of your contents, physical location of the unit, prior tenant or home claims in the past under your name.

It does not cover damage to the unit you are renting. 

Extraordinarily expensive items may also not be covered past a certain amount (often $5,000). For example, if you have a collectible watch worth $10,000, you may need to purchase supplemental insurance for the item as your tenant insurance policy won’t cover the entire cost of replacement. 

No. If you rent the unit you live in you only require tenant insurance which is often more affordable than home insurance. You want to be properly insured, and tenant insurance will do that for renters.

You can contact your assigned Surex broker/advisor or contact the insurance company directly. Make sure you have your policy # and details of the claim prepare when you call.

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