Protect your rental property, your tenants, and your income with landlord insurance designed for Ontario property owners. Owning a rental property can be a powerful wealth-building strategy—but without the right insurance, one claim can erase months or even years of returns. Standard home insurance doesn’t cover tenant-occupied properties, leaving gaps around property damage, liability, and rental income losses. Regal Insurance helps Ontario landlords compare landlord insurance quotes from Canada’s top providers—fast, simple, and tailored to your rental setup, tenant profile, and investment goals.
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Landlord insurance—also known as rental property insurance—protects your investment property and financial security when you rent to long-term tenants. Unlike standard home insurance, landlord policies are specifically designed to cover tenant-caused damage, legal liability, loss of rental income, and the unique risks associated with managing a rental unit.
As an independent brokerage, Regal Insurance works solely for you—not the insurance companies. We compare landlord insurance quotes across Canada’s leading insurers to help protect your property, your rental income, and your peace of mind, whether you own a single condo or an entire rental portfolio.
Whether you’re purchasing your first rental property or expanding your portfolio, our team is here to help you stay protected and profitable.
Reach out today for your free landlord insurance quote.
From protecting your physical space to securing your operations, Regal Insurance offers tailored business insurance solutions across industries. Explore our most popular commercial insurance products below to build a coverage plan that fits your unique business.
Protects your business against third-party injury, property damage, and legal claims—an essential layer for any operation.
Covers lost income if your business is forced to temporarily close due to insured events like fire or equipment breakdown.
Whether you operate a single service van or a full delivery fleet, we offer coverage that keeps your vehicles and drivers protected.
Tailored protection for trades like construction, plumbing, electrical, roofing, and more—including tools, liability, and job site coverage.
Protects your business from data breaches, cyberattacks, and privacy claims with dedicated digital risk coverage.
Helps cover the repair or replacement of critical machinery after mechanical or electrical failure.
Covers legal costs and damages if your product or service causes harm, loss, or injury.
Specialized coverage for commercial landlords, property managers, and vacant landowners across Ontario.
Insurance packages designed for storefronts, restaurants, spas, and hotels—covering everything from inventory to liability.
Commercial insurance doesn’t need to be confusing. At Regal Insurance, we simplify the process by comparing quotes from top Canadian providers to find the right protection for your business, assets, and operations.
As an independent brokerage, we work for you, not the insurance companies. Our licensed Ontario brokers understand local regulations, industry risks, and what matters most to business owners like you.
From small startups to multi-location operations, we proudly support businesses across Ontario—including Kitchener, London, Mount Brydges, Cambridge, and Oakville.
About UsConnect with our brokers for customized insurance solutions that outdo big providers. Specializing in Ontario commercial insurance, we compare Canada’s top insurers to ensure you receive the right coverage at the best possible price.
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Landlord insurance protects the structure of your rental property, your rental income, and your legal liability when renting to tenants. A traditional home insurance policy only covers owner-occupied homes—and most insurers deny claims the moment they discover tenanted occupancy. Landlord insurance ensures your investment is protected against the risks unique to rental properties.
Consider a few real Ontario landlord scenarios. A tenant accidentally starts a kitchen fire, damaging the unit—your landlord policy helps cover repairs. A pipe bursts and forces your tenant out for several weeks—loss of rental income coverage replaces the rent you would have collected. If a tenant or visitor is injured on the property and files a lawsuit, landlord liability coverage protects you from legal and medical expenses.
A dedicated landlord insurance policy closes these gaps, helping you safeguard your rental property, your cash flow, and your long-term investment strategy.
Protects the physical structure of your rental property—including walls, flooring, fixtures, and permanent installations—from fire, water damage, vandalism, and other insured events. For example, if a tenant accidentally starts a stove fire, this coverage helps you repair the damage without absorbing the full cost.
Covers items you own and supply within the rental, such as appliances, furniture, window coverings, and maintenance equipment. If a tenant damages your provided appliances or if a break-in results in theft, contents coverage helps you replace what’s lost.
If a tenant or visitor is injured on your rental property—or if you’re accused of negligence due to unsafe conditions—this coverage helps pay for medical expenses, legal fees, and settlements. For instance, if a tenant trips on a loose step and files a claim, your landlord liability coverage responds.
If your rental unit becomes uninhabitable after a covered event (like fire or water damage), this coverage replaces the rental income you would have collected. It ensures your mortgage, condo fees, and expenses remain manageable during repairs.
Adds coverage for sewer backup, overland water, and certain flood exposures. These risks are especially common in basement apartments, older homes, and rental units with aging pipes.
Provides access to legal support and cost reimbursement for disputes involving tenants—such as eviction challenges, property-related legal claims, or damage recovery. It’s valuable for landlords managing higher-risk tenants or multiple units.
Helps protect you if a tenant fails to pay rent due to unforeseen events. While not available with all insurers, this add-on provides an additional layer of financial stability for landlords relying on consistent cash flow.
Covers mechanical or electrical failure of major systems and landlord-owned appliances—such as HVAC units, boilers, or refrigerators. If a breakdown leaves the unit without essential services, this coverage helps repair or replace the equipment quickly.
We partner with Canada’s top auto insurance providers so you can compare quotes side by side, choose the best coverage for your needs, and lock in a competitive rate, without the hassle.
Landlord insurance doesn’t need to erode your rental income. With the right approach, Ontario landlords can secure robust protection at a competitive rate. Regal brokers help you structure your policy to match your property, your tenant profile, and your investment strategy—ensuring you’re covered without overpaying.
If you own more than one rental unit, bundling them under a single insurer can unlock meaningful discounts. Multi-property portfolios often qualify for reduced premiums and simplified management.
A higher deductible lowers your annual premium. If you’re financially comfortable covering a larger deductible during a claim, this approach can significantly reduce your insurance costs.
Modern wiring, plumbing, and heating systems reduce risk—and insurers reward that. Upgrading aging infrastructure can result in lower premiums and fewer claims long-term.
While insurance won’t directly assess your specific tenants, fewer claims usually follow strong tenant screening practices. Reliable tenants mean fewer risks, fewer losses, and more stable coverage.
As your property ages, tenants change, or improvements are made, your insurance needs shift. Annual policy reviews ensure your coverage stays aligned and cost-effective.
Want more insights on how to reduce insurance costs for your business? Visit our Help Centre to explore practical guides on policy optimization, risk management, and commercial insurance best practices.
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Landlord insurance protects rental properties that are occupied by tenants. Since a standard home insurance policy excludes or limits coverage for tenant-occupied homes, landlord insurance is essential. It typically includes:
Without landlord insurance, claims involving tenants or rental-related risks may be denied under a standard home policy.
No, landlord insurance isn’t legally required. However, mortgage lenders often require proper rental coverage before approving financing for an investment property. Condo boards may also require proof of landlord insurance for rented condo units.
Even when not required, landlord insurance is crucial—one claim involving a tenant can result in substantial financial loss without proper coverage.
Any property owner renting to long-term tenants should carry landlord insurance. This includes:
Even casual or part-time landlords face risks that standard home policies don’t cover.
Premiums depend on the property type, its age, location, and tenant profile. Many landlords pay between $600–$1,500 per year, but homes with higher rebuild values or additional coverage (like water protection or legal expense coverage) may cost more.
Rent guarantee coverage—where offered—may also influence pricing.
Several factors impact cost, including:
A broker can help you structure a policy that matches your property and tenant profile.
Yes, several strategies help lower premiums:
Working with a broker ensures you get the best value without reducing essential protection.
Home insurance covers owner-occupied homes. Landlord insurance covers properties rented to tenants. Home insurance typically excludes rental activity, meaning tenant-caused damage, liability, and income loss may not be covered.
Landlord insurance fills these gaps by offering coverage designed specifically for rental properties.
Yes—depending on the policy. Many landlord insurance policies include coverage for accidental damage caused by tenants. However, intentional damage or vandalism may require additional coverage or may not be included without specific endorsements.
A broker can help you identify the right protection for your situation.
Yes. If your rental property becomes uninhabitable after a covered event—such as fire, water damage, or storm damage—loss of rental income coverage replaces the rent you would have earned during repairs.
This ensures your investment remains financially stable even during unexpected downtime.
Most landlords choose $1 million–$2 million in liability coverage, along with appropriate limits for building replacement, landlord contents, and rental income. Properties with high-value upgrades or multi-unit layouts may require elevated limits.
A broker can help determine the right coverage for your investment.
Yes. Bundling landlord insurance with home, auto, or additional rental properties can reduce your overall premiums and simplify policy management.
This is especially useful for landlords managing multiple units or mixed-use portfolios.
Absolutely. Regal Insurance provides personalized support through licensed Ontario brokers. Whether you need help choosing coverage, reviewing policy limits, or planning for future property purchases, our team is available by phone, email, or in-person meeting.
We’re here to help you protect your rental property and your investment strategy.
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