Cheap Tenant Insurance Solutions with LMBF

Tenant insurance is often overlooked because, as a renter, you do not own the physical property where you live. It is a common misconception that the property owner or landlord will insure them. However, your landlord only has coverage for the physical dwelling and their personal liability - leaving your belongings and liability out to dry. Tenant insurance in Quebec with LMBF is the solution for renters who want cheap tenant insurance solutions that meets their coverage requirements.

What Does Tenant Insurance Cover?

Contents Insurance

Contents Insurance

Your belongings are likely to have more value than you’d think. Your content coverage, as a part of your standard tenant insurance, includes protection for your furniture, appliances, electronics, clothing, and more that is contained within your apartment and sometimes your storage locker.

Liability Insurance

Liability Insurance

Your landlord has insurance to cover their own liability, but not yours. Your standard tenant insurance includes third-party liability coverage, which can protect you in the event you are faced with unexpected lawsuit costs after being sued by a third-party. This coverage follows you anywhere in the world.

Additional Living Expenses

Additional Living Expenses

Should you be forced to make living arrangements elsewhere for a duration of time where your unit is being repaired or restored, you may encounter unexpected costs - like hotel bills, takeout, etc. Your tenant insurance in Quebec contains coverage for reasonable expenses during a time where you cannot live in your unit or rented home.

  What tenant insurance covers
  • Unexpected and sudden losses
  • Fire and theft
  • Third-party liability
  • Your contents
  • Relatives living with you
  What tenant insurance excludes
  • Wear-and tear damage
  • Mould and infestation
  • High-value belongings without an endorsement
  • Roommates not related to you

Is tenant insurance mandatory in Quebec?

In short, no. Tenant insurance is not mandated by government, just like home insurance. That being said, it is highly recommended you carry tenant insurance in Quebec, especially because you may want to brunt the financial loss of having to pay out-of-pocket to replace or restore all your contents in the event of a loss. Furthermore, some landlords will require you to show proof of insurance before signing a lease agreement.

Types of Tenant Insurance Coverage

Ideally, you will never have to make a claim. But, in the event you do, it is always good to know what you have coverage for. Several of the below coverage options are included in your standard tenant insurance policy, whereas others may only be available as an added purchase. You may find that different insurance providers will offer different options. Discuss with an LMBF tenant insurance broker in Quebec if you have any questions about coverage.

Contents Coverage

Contents Coverage

  • Clothing
  • Furniture
  • Appliances
  • Electronics
  • Books
Storage Unit

Storage Unit

  • Stored belongings
  • Winter gear
Third-party liability

Third-party liability

  • Lawsuit expenses
  • Settlement fees
  • Defense costs
Additional living expenses

Additional living expenses

  • Hotel bills
  • Food
  • Accommodation
  • Travel
  • Clothes
Jewelry rider

Jewelry rider

  • Jewelry
  • Furs
  • Collectibles
  • Wine
  • Art
Umbrella liability

Umbrella liability

  • Extended liability
  • Claims in excess of basic
  • Expensive lawsuits
Sewer backup

Sewer backup

  • Sump pump rupture
  • Damaged sewer lines
  • Sewer backup
  • Septic system
Home-based business

Home-based business

  • Office equipment
  • Client activity
  • Inventory
Identity theft

Identity theft

  • Restoration costs
  • Relicensing


  • Earth movements
  • Personal belongings
Refrigerated property

Refrigerated property

  • Frozen food
  • Freezer contents
Sports equipment

Sports equipment

  • Skis
  • Golf clubs
  • Bikes

Our Tenant Insurance partners

LMBF partners with the top tenant insurance carriers in Quebec to help you find a cheap tenant insurance policy that matches all your needs. We help you shop around and do the “heavy lifting” on your behalf so that you don’t have to. If “insurance-speak” isn’t your thing, we have you covered. LMBF’s tenant insurance brokers in Quebec can discuss with you how to get the most affordable tenant insurance policy today.

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Tenant Insurance in Quebec: Frequently Asked Questions

A: Tenant insurance, like any other insurance policy, is priced based on your risk factor. Generally, tenant insurance is inexpensive (as the replacement value of the overall building isn’t factored into your premiums) but it may vary depending on who you are insured with, your insurance history, the overall value of your contents, and your coverage options.

A: You can apply for a free tenant insurance quote with LMBF. Our tenant insurance brokers in Quebec can help you find cheap tenant insurance that checks every box. Either fill out a form online or call us to discuss your tenant insurance needs and we can help you find an affordable policy quicker.

A: You should inform your insurance provider if you have roommates. With some insurance companies, other tenants that are related to you may be covered by your policy. Otherwise, you may have the option of adding them to your insurance but it is highly recommended that each non-related tenant carry their own separate tenant insurance policy.

A: Losses that result from a lack of maintenance, like bedbugs and infestations, are generally not covered by your tenant insurance policy. This also includes mold, wear-and-tear damages, and more. Costs that come out of pest removal and damages due to pest will not be covered by your tenant insurance policy.

A: LMBF helps you find an affordable tenant insurance policy that fits every box, but you might be surprised to learn that what policy is best for you may not always be the most “cheap” tenant insurance option. We never cut corners and want you to have the best insurance coverage possible, and sometimes cheaper doesn’t always mean better.

A: It depends. Every insurance provider will make a different recommendation, but generally, your liability insurance coverage will start at around $100,000. Higher amounts may be available and you will likely find that you will be recommended to choose a higher limit, such as $300,000 or even $500,000.