Coverage for property owners
Core pillars of landlord insurance
Standard home insurance policies leave critical coverage gaps for rental properties. We help landlords across Canada build complete policies tailored to these essential protections.
Property damage
Safeguard the physical structure of your rental unit, common areas, and exterior fixtures against loss from fire, severe weather, falling objects, and vandalism. This coverage delivers the financial support you need to repair or rebuild quickly after a loss.
Loss of rental income
Replace lost rental revenue if an insured event forces your tenants to temporarily vacate during repairs. Maintain your cash flow and financial stability while your property is restored.
Legal liability
Shield your personal finances if a third party suffers bodily injury or property damage on your premises. Liability coverage handles legal defence costs and settlement fees associated with claims brought against you.
Water damage protection
Cover sudden plumbing failures, burst pipes, and unexpected internal water leaks affecting your rental unit. This protects your building and unit fixtures from severe water-related risks.
Landlord contents
Insure appliances, maintenance equipment, and furnishings owned by you that remain on the premises. This covers items in furnished units and common spaces that fall outside a tenant's policy.
Tenant vandalism damage
Guard your rental against deliberate harm. This coverage handles repair and replacement costs for building structures, unit interiors, and fixtures damaged by tenants or their guests.
Policy enhancements
Tailored add-ons for your rental
Expand your policy with endorsements designed to address specific property risks and provide deeper financial protection for your investment.
Sewer backup
Cover cleanup costs and structural repairs if drain or sewer systems back up into your rental property.
Overland water
Protect your physical property against water entering from heavy rainfall, overflowing rivers, or rapid snowmelt.
Equipment breakdown
Shield essential building infrastructure, such as HVAC units and water heaters, against mechanical or electrical failure.
Canada’s premier brokerage
Why choose Navacord for landlord insurance
We combine local touch with national strength to deliver tailored rental property insurance that keeps your investment secure.
Learn from our landlord insurance experts
“Landlords are always wanting to maximize their profits, but in the event of a claim they don’t consider what they actually need, such as rental income coverage, tenant vandalism, more comprehensive coverages, and/or content limits for appliances or other items in the unit. That’s why we are here.”
“When you purchase landlord insurance, you are protecting yourself and your home. Make sure your tenants are aware they need to purchase their own insurance to protect themselves.”
