
Tenant Insurance: Why It Matters More Than You Think
Tenant insurance is often dismissed as unnecessary or too expensive. In reality, it’s one of the most affordable and effective ways to protect yourself from unforeseen circumstances.
It’s the third week of Tenant & Home Insurance Month! This week, we feature insights from insurance provider, Westland Express, on the importance of tenant and home insurance for protecting your belongings and providing peace of mind.
Incidents like fires, floods, and other unexpected events are more common than we might think. These challenges can affect anyone, anywhere. That’s why having robust tenant and home insurance is crucial. Westland Express partners with CAPREIT to offer comprehensive protection for our residents.
Coverage for Belongings:
Tenant and home insurance helps cover the cost of replacing items in situations like break-ins, fires, or storm damage.
Financial Security:
It can protect you from lawsuits due to negligence and ensure financial stability during tough times.
Cost: Providers like Westland Express offer competitive rates and incentives.
Value of Personal Items:
It’s easy to underestimate the value of your belongings but replacing them all at once can be expensive. Insurance ensures you’re not left financially burdened.
Happy Tenant and Home Insurance Month!
Make sure to follow us on our social media channels and check our website regularly for the latest updates and videos. We are committed to providing you with information to help you make informed decisions about your home or tenant insurance coverage.
Introducing Tenant Insurance Month at CAPREIT (2023)
https://www.capreit.ca/introducing-tenant-insurance-month-at-capreit-2023/
Tenant Insurance Is More Than Just a Piece of Paper—It’s a Lifeline During Times of Crisis.
https://www.capreit.ca/tenant-insurance-is-a-lifeline-during-times-of-crisis/
Tenant Insurance: A Small Price to Pay for Big Protection
https://www.capreit.ca/tenant-insurance-a-small-price-to-pay-for-big-protection/
Tenant Insurance: what your insurance company might not be telling you.
https://www.capreit.ca/tenant-insurance-you-have-more-coverage-than-you-think-blog/
Tenant Insurance FAQ’s
https://www.capreit.ca/rent-or-lease/frequently-asked-questions/#tenant-insurance
Tenant insurance is often dismissed as unnecessary or too expensive. In reality, it’s one of the most affordable and effective ways to protect yourself from unforeseen circumstances.
In December 2022, a fire swept through one of CAPREIT’s communities, affecting over 20 units and leaving many residents without a home or their cherished belongings during the holiday season. This devastating event was a wake-up call. Only a few residents had tenant insurance, which added immense stress as they struggled to find temporary housing and begin the difficult process of recovery.
This week, we feature insights from insurance provider, Westland Express, on the importance of tenant and home insurance for protecting your belongings and providing peace of mind.
In our latest video, Glenn Dick, CAPREIT’s Liability, Life and Fire Safety Specialist, discusses the critical connection between fire safety and tenant insurance.
As part of Tenant and Home Insurance Month, we will be releasing a series of informative videos every week.
Connecting Resident Communities Across Canada The Tenant Insurance Issue – Spring 2023 We dedicated our Spring 2023 issue to providing comprehensive information and resources