When it comes to renting an apartment, you might not think that you need tenant insurance since you do not own the property. A lot of Canadians would agree, as a significant amount that rent do not have tenant liability insurance.
With that said, Canadian insurance companies paid out $41.5 billion in 2019.
What if we were to tell you it actually benefits you to have insurance even if you are renting property? These are five of the reasons why.