Protecting your belongings Posts

Why you need tenant insurance

Tenant Insurance Coverage MCT

Found the perfect apartment? Booked the moving truck?

It’s exciting to find an apartment, house or townhome to rent, but don’t overlook tenant insurance. Not only does it help to protect your belongings in the event of a claim but it also covers other areas and things you are responsible for as a renter. Tenants or renters insurance is one of the most important details for any renter.

Ask a Broker: What can I expect when filing my first insurance claim?

As with any new experience, making an insurance claim for the first time can feel like unfamiliar territory. Learn how our MCT Insurance brokers help in the process and, depending on the claim you make, how it may unfold.

Should I get overland flood coverage if I live in the Maritimes?

When fresh-water sources, such as lakes and rivers, overflow onto the land from heavy rainfall or melted snow, it is called an “overland flood.” While cases of overland floods have increased across Canada, the Maritimes are more prone to them because of heavy rainfall in the region.

Since 2016, some insurance providers have started to offer overland flood coverage for home insurance policies. If you live in the Maritimes and are thinking about getting overland flood coverage, here are some things to consider.

Insurance is never secondary, especially for secondary suites

secondary_suite_MCTRenting out a secondary suite in your home can be a great way for a homeowner to supplement their mortgage payments while providing renters with affordable housing. Whether you are renting out a secondary suite in your home or renting one yourself, there are important insurance factors to consider.

Landlord or tenant: who is responsible for what?

Tenant-Landlord_MCT

Whether you are a first-time renter, long-term tenant, building manager or landlord, we all play a part in keeping our living spaces in good condition. At times it can be unclear who is responsible for what in a shared property. Here is a simple breakdown of tenant and landlord responsibilities: