It is important to have tenant insurance on a self-storage unit because it provides protection for your personal belongings in case of unexpected situations like theft, fire, or water damage. The landlord’s insurance policy does not cover the loss of your personal belongings, and you could be left with nothing if you don’t have tenant insurance. Tenant insurance offers coverage for damage or loss to your personal property at your rental home, including when it is away from your premises.
It may also help cover costs like moving expenses if you need to leave your rental property so repairs can be made after a covered claim for fire or water damage. Liability claims may also be covered if you accidentally damage someone else’s property, like a neighboring unit or home.
Tenant insurance is not mandatory in Canada, but it is a smart investment to protect your belongings and avoid financial loss.
At this time we don’t sell tenants insurance but if you have your our tenants insurance you can fill out our tenants insurance information form and send it into us. Without providing us with your own tenants insurance, we are not liable for any damage to your items or property.
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