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Medicine Hat Tenant Insurance Broker

Get a Quote

Medicine Hat Tenant Insurance Broker

Get a Quote

Tenant Insurance Medicine Hat

Medicine Hat is a community of 63, 260 residents located in the southeast corner of Alberta. This beautiful city strives to achieve its vision to be a “Community of Choice”; a place where people choose to live, work, and play. Medicine Hat experiences the lowest combined tax rate in Canada, the lowest utility rates in Alberta, and an enviable climate. This makes Medicine Hat an excellent destination for all ages at any time of the year.

Are you a new resident of this beautiful city? Are you excited about this experience? Are you perhaps a little nervous about not knowing your way around the community? Worry no more! You have us now!

At Sharp Insurance, our brokers can offer you some expert advice on the city’s neighbourhoods and communities and shop for your tenant insurance policy in Medicine Hat on your behalf.
We understand how busy you must be now, juggling your new job, the kids’ schools, and the many responsibilities that come with settling down into a new city. That’s why we’re happy to do the legwork for you and find you the best tenant insurance policy that fits your needs and not the other way around.

You can start by getting a tenant/renters insurance quote by filling out the form below now!

Who needs Renter’s Insurance?

Every resident of a rental unit in Alberta needs tenant/renters insurance. In fact, landlords and leasing offices won’t even consider you as a prospective tenant in their properties unless you provide a valid tenant insurance policy.

This shouldn’t alarm you though, especially when you learn that the average monthly premium on your tenant insurance policy in Medicine Hat is $25. This is actually a very small amount to pay for the plethora of benefits you get by signing your tenant insurance coverage policy.

What Renter’s Insurance Covers

Contents Insurance for Renters in Medicine Hat

All household possessions and personal items that belong to you and your family members (who live in your rental unit) can be protected under your content insurance policy. Items that your friends ask to store in your basement or storage room, however, aren’t covered by your content insurance unless you add those friends’ names to your policy.

Wait! There’s more! At Sharp Insurance, we can tailor your content insurance policy to include extra coverage for your expensive belongings (that aren’t included in your basic content coverage plan), such as electrical appliances, clothing, jewellery, sporting equipment, art collection, etc.

Tenants/Renters Liability Insurance

Being a responsible tenant doesn’t mean you can predict and avoid all kinds of accidents occurring in or around your suite. Being held liable for an accident at your suite (or anywhere in the world) that leaves other people physically injured or experiencing property damage or loss can be particularly stressful to you and your family.

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 everywhere in the world.

Extra Living Expenses Coverage

Nature is very unpredictable. No amount of caution can prepare any of us for the unexpected and very sudden changes in climate that are now becoming a fact of life for many Albertans.

In June 2013, Calgary experienced one of the worst natural disasters in the history of the province. Heavy rainfall led to catastrophic flooding that 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.

Under such dire circumstances, your extra living expenses coverage kicks in and helps you cope with some of the expenses that you may incur as long as you have to live away from your home while its being repaired. These expenses may include hotel bills, daily meals, and relocating cost.

Average Cost of Tenant Insurance in Medicine Hat

Some aspects can affect the monthly premium you pay on your tenant insurance policy in Medicine Hat. Give us a call at Sharp Insurance and let us walk you through these aspects and tell you how we can help you save some money on your tenant insurance policy.

 The Number of Items You Need Insured

If you create an inventory of your household items that you would like covered by your tenant insurance policy, you can certainly better decide how much to spend on your tenant insurance.

The Structure of Your Building

You might be surprised to know that one of the perks of living in a multiple unit building is lower tenant insurance. Yes! You’ve heard it right! If you choose to live in a single unit rental, such as a town house, or a double unit rental, such as a duplex, be prepared to pay a slightly higher tenant insurance premium than residents of high rise buildings where there are tens of units.

Other Insurance Policies You Currently Have on Other Properties

Let us know if you have other insurance policies on your vehicle or other properties. Bundling all your insurance needs in one policy is a great way to save money on insurance.

If you still have more questions about your tenant/rent insurance in Medicine Hat, please give us a call and let one of our brokers at Sharp Insurance help you get the best tenant insurance rates in Medicine Hat.