A roof over your head gives you security, pride and, also, liability. Whether you’re renting, insuring your first home or protecting your dream home, you need to ensure that you have a good policy in place to shield you against financial losses if your property or belongings take a hit.
At AP insurance, we dedicate to helping you find the best policy that provides the right protection at the right cost. We also have special programs for people who operate a business in their home.
You may be eligible for discounts with your insurance depending on your situation and whether you choose to bundle your insurance services. Speak to one of our insurance agents today to discover what options are available for you!
You can be eligible for:
The amount of insurance you need to protect your home depends on the value of your home’s physical structure as well as the total value of your personal belongings in your home. It’s important that you conduct a thorough evaluation of your assets to determine how much insurance coverage you need. Note that there may be specific assets excluded from coverage, so be sure to understand your policy’s coverage criteria and any exclusions in your policy.
Several factors may impact your home insurance premium, including but not limited to:
For more information contact an AP Insurance advisor .
Rental or tenant insurance is important for you to have if you’re renting a property and wish to protect yourself from damages and loss. Tenant insurance may also protect you from liability claims involving your rental property.
While tenants insurance is not mandatory in B.C., some landlords may require tenants to purchase insurance to ensure that both parties (i.e., tenant and landlord) will be compensated for any damages resulting from an accident involving the rental property.
With condo insurance, you’re able to purchase coverage for:
For more information, visit our Condo Insurance page.
It’s a good idea for a landlord to have insurance to ensure they’re compensated for damages to their rental unit. If you live in the same property as your tenant (for example, you’re renting out a room in your house), you may be protected under your regular home insurance policy and not require landlord insurance. However, some policies require landlords to purchase separate insurance for rental activity.
If you’re renting out a separate property, or a unit in a building where you don’t reside, you’ll need landlord insurance.
Usually, landlord insurance provides coverage for loss of rental income if your tenants must move out from your property following an insured event (e.g., fire or flood). Furthermore, landlord insurance may provide coverage for damages resulting from natural disasters, vandalism, theft, and liability claims.
Because there are many different rental property scenarios, please contact an AP Insurance advisor for a free consultation to evaluate your landlord insurance needs. Visit Landlord Insurance For More Information