Contents Insurance for Renters in Calgary
A Personalized Limit for Contents Coverage: This coverage insures your personal belongings. It entitles you to replace your lost, stolen, or damaged personal belongings not only inside your unit, but also in a vehicle that’s registered to your name.
At Sharp Insurance, we can also design a special coverage plan for your high-value items, such as: Jewellery, art, musical instruments, wine collections, high-end watches, sporting equipment, bicycles, etc.
We want to make sure nothing happens to your impressive music collection!
Give us a call and learn more about the several coverage options and prices we have for your most valuable belongings.
Remember! Your landlord’s insurance policy covers only damages to the actual dwelling. It doesn’t provide coverage for your belongings.
Tenants/Renters Liability Insurance
A $2 Million Liability Coverage: With this coverage, you can have peace of mind knowing that we’re protecting you from financial losses that may result from damages to your unit or your building caused directly or indirectly by your actions due to negligence. This insurance also provides the protection you need in the event of a lawsuit. Tenants are responsible for the harm they may cause to anyone who lives or visits their rental unit. This coverage protects you against such bodily injury claims.
Extra Living Expenses Coverage
Additional Living Expenses: This coverage helps you to cope with your other needs after a loss. It provides compensation to you when you’re unable to live in your home while it’s being repaired for damages incurred due to sudden accidental events such as fires or water damage.
In June 2013, Calgary experienced one of the worst natural disasters in the history of the province. Catastrophic flooding brought the city to a halt, and much of the downtown and inner-city area was significantly impacted as residents were evacuated.
By the time the water receded, massive damages had been incurred, and the 2013 floods would become the second most detrimental disaster in Canadian history in terms of insured damages.
Although the 2013 flood is considered to be a “1 in 100 year” event, we continue to experience new weather patterns in every season.
If your rented suite was damaged in a similar natural disaster and is deemed uninhabitable, where would you live? This is when your Additional Living Expenses insurance responds by paying for any necessary expenses such as, hotel bills, restaurant meals, and moving cost while your apartment is being repaired.
Still have more questions about your tenant/rent insurance in Calgary? Not a problem! Call one of our expert tenant insurance brokers at Sharp Insurance and learn more about getting the best tenant insurance rates in Calgary.