Protect Your Investment with Rented Condo and Townhouse Insurance
Secure peace of mind with Rented Condo and Townhouse Insurance, designed specifically for landlords. Whether you own a Low Rise Apartment or a multi-level townhome across Canada (except Quebec), our insurance provides comprehensive protection against a wide array of risks. Enjoy competitive rates and easy application processes to safeguard one of your most valuable assets.
Why Choose First Foundation?
- Comprehensive Coverage: From contents and loss of income to liability for unit improvements and natural disasters, our coverage is tailored to meet the diverse needs of condo and townhouse landlords.
- Affordable Plans: With rates starting at just $250 annually, protecting your investment is both economical and smart.
- Flexible Payment Options: Choose from convenient monthly or annual payment plans to suit your financial preferences.
- Broad Eligibility: Available in every Canadian province and territory outside of Quebec.
- (For larger risks, other coverage options are also available. Our firm has the ability to offer programs for all types and sizes of locations.)
Detailed Coverage Breakdown
- Landlord's Personal Property: Secure coverage for damages to your furnished items.
- Fair Rental Value: Compensates for lost income if your unit becomes uninhabitable due to covered perils.
- Special Condominium Unit Owners Package: Includes loss assessment, unit improvements, and additional unit coverage.
- Emergency Protections: Policies cover sewer backup, overland water damage, and earthquakes, ensuring all bases are covered.
Don’t wait for the unexpected to happen. Contact us today to learn more about how Rented Condo and Townhouse Insurance can protect your rental properties and give you the peace of mind you deserve.
Frequently Asked Questions
Rented Condo and Townhouse Insurance is a type of commercial insurance designed for property owners who rent out their condos or townhouses. It provides coverage for risks associated with renting to tenants.
This insurance is ideal for landlords who own one or more condos or townhouses and rent them out to tenants. It’s designed to protect against risks that come with being a landlord.
It typically covers property damage, liability protection, loss of rental income due to covered events, and protection for appliances or furnishings provided with the unit.
It protects your investment property and shields you from potential liabilities, such as tenant injuries or property damage caused by tenants, ensuring peace of mind as a landlord.
Contact us to discuss your property and rental needs. Our team will help you customize a policy that provides comprehensive coverage for your rented condo or townhouse.