Auto insurance
Liability, comprehensive and collision on one policy, with uninsured motorist written to match your bodily injury limits.
- BI / PD limits
- 100/300/50
- Comp / coll deduct.
- $500 / $500
- UM / UIM
- 100/300
$1,284 / yrSample. Not a quote.
Renters insurance, because your landlord insures the building and nothing else
The policy on your building pays to rebuild the building. It pays nothing for your things, your hotel room, or the unit below you when a pipe lets go.
$214 / yrSample. Not a quote.
One bedroom apartment, $30,000 contents, $300,000 liability, $500 deductible.
What the policy pays for
Your landlord insures the building. Nothing in that policy pays for your things, your hotel room, or the lawsuit when your bathtub overflows into the unit below. An HO-4 costs less per year than most people spend on coffee in a month.
- Personal property$15,000 to $100,000
- Everything you own, wherever it is. Contents coverage follows you off the property, including out of a car or a hotel room.
- Personal liability$100,000 to $500,000
- The neighbour downstairs, the guest who fell, the dog. Includes the cost of defending you even when the claim is meritless.
- Loss of use20% of contents
- A place to stay and the extra cost of living somewhere else while the unit is uninhabitable after a covered loss.
- Medical payments$1,000 to $5,000
- A guest hurt in your unit, paid without a liability finding, which usually stops a small incident becoming a claim.
What the policy on your building actually does
Almost every renter believes the owner's policy covers them in some way. It does not cover them in any way. It exists to rebuild the owner's asset, and in several of the situations below it will be the owner's insurer coming after you.
| What happens | The owner's policy | Your HO-4 |
|---|---|---|
| The building burns down | Rebuilt by the owner | Your belongings, your hotel, your extra costs |
| Your bathtub floods the unit below | Nothing for you | Their damage and your legal defence |
| A laptop is taken from your car | Nothing | Contents cover follows you off the property |
| A guest trips on your rug | Nothing | Medical payments, then personal liability |
| A pipe bursts and the unit is unlivable | They repair the unit | Somewhere to live while they do |
What it will not pay for
Every policy sold in the United States has exclusions. The difference between carriers is whether you find out now or on the day of the loss. These are the ones that actually catch people out on this form.
- The building itself, its walls, its roof and its systems. That is the owner’s policy, not yours.
- Flood and earth movement, both written separately.
- Your roommate’s property, unless they are named on the policy.
- A vehicle and its permanently installed equipment, which belongs on the auto policy.
Endorsements worth attaching
An endorsement changes the policy. These are the ones we recommend often enough that they are priced into the bundle tiers rather than sold as extras.
Replacement cost contents
Standard from IM-2
Pays what a new equivalent costs rather than what the old one was worth.
Scheduled items
Agreed value
The engagement ring, the camera body, the bass. Listed, appraised, no deductible.
Identity restoration
$25,000
The cost of putting your credit file back together, plus lost wages for the time it takes.
Pet liability
$25,000
A separate limit for dog bite claims, which some carriers exclude entirely.
Lines that belong on the same account
Price the whole structure, not one piece of it.
Four steps, about sixty seconds, and no obligation. An agent reviews every line together so the limits actually meet.