Renters can also protect their belongings with CAA Tenant Insurance¹. Tenant insurance protects renters and their belongings from damages, losses and liabilities due to fire, theft, smoke damage, water damage and windstorms. CAA Members covered by tenant insurance receive compensation to help cover repairs and replacement costs.
What can you insure with tenant insurance?
Large electronics
Furniture
Sports equipment
Kitchenware
Musical instruments
CAA Legal Coverage
CAA Legal Coverage³ is also included with CAA Tenant Insurance. Legal expense insurance covers reasonable and necessary legal expenses incurred while pursuing or defending a claim. If you’re involved in a lawsuit, contract dispute or audit, it can prove extremely valuable. You’ll also have unlimited access to our legal helpline, even if the issue isn’t covered by your policy.
Personal liability coverage
Tenant insurance protects you if you are named in a lawsuit or deemed responsible for unintentional bodily harm and/or property damage. It can provide financial support if you’re being sued.
Request a CAA Insurance quote online
Contact us to speak to a licensed CAA Insurance Agent
Frequently asked questions
Tenant insurance covers the policyholder’s belongings and personal actions/liability within their rented property. Tenant insurance will provide coverage in the case your belongings are damaged or lost from common risks such as theft or fire. You will also be covered from legal liability for accidental injuries to someone who’s visiting you at your apartment or for accidental injuries or damage caused by your actions anywhere in the world. Tenant insurance can also cover living expenses should your home be rendered uninhabitable.
Students are subject to the same risks as all renters. Valuables such as TVs, laptops, gaming systems or sound systems are expensive to replace and would benefit from tenant insurance coverage.
As tenant insurance covers a predetermined value of belongings, it is possible to share tenant insurance between roommates to save money. However, things can get complicated when it comes to filing a claim, coverage limits and insurance records. It is best to speak to a licenced CAA Insurance Agent to determine what is best for your needs.
Your tenant insurance rates are affected by several factors, including the location of your home, the type of home security system you have and the amount and value of the items that are being insured.
In the event of a covered loss, your insurer will determine the value of the items in their current state (depreciation included) and pay out that amount.
It provides financial support for living expenses should your home be uninhabitable following a covered incident.
In the event of damage or loss to your covered possessions, your insurer will cover the cost of repairing them to their original state or replacing them entirely.
It provides coverage for the loss or damage of your belongings caused by any incident unless stated in the policy.
Don’t have a CAA Membership?
Sign up to take advantage of great deals and savings. CAA Memberships start at just $302 a year, plus tax.
1 Property Insurance is underwritten by CAA Insurance Company.
2 Visit caaneo.ca/termsandconditions for offer details and full Membership Terms and Conditions.
3 To qualify for the Member discount, you must be a current CAA Member in good standing (CAA Membership dues paid in full by membership expiry date).
CAA Legal Coverage is underwritten by CAA Insurance Company. ARAG Legal Solutions Inc. (ARAG) acts as the insurance manager and has the authority to administer claims on behalf of CAA Insurance Company. CAA Legal Coverage is included on home policies. Please see policy wordings for coverage details. Coverage is subject to terms, conditions and exclusions for the Legal Expense Insurance policy.
Certain conditions, limitations and underwriting guidelines apply.
®/™ CAA trademarks are owned by, and use is authorized by the Canadian Automobile Association.
