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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.

Three tips to protect vacant or unoccupied properties

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You’ll likely hear of “vacant” or “unoccupied” properties. These words have important meaning when it comes to insurance. A property is “vacant” when the owner does not intend to return – such as when it is sold. An “unoccupied” property means the owner is away temporarily – such as being on vacation.

Advising customers on what insurance coverage they need for vacant or unoccupied properties is a regular occurrence for MCT Insurance.

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.

Renovating? Why it’s a good idea to speak to your insurance broker

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Is it time for a home makeover?

Renovations not only make your home more comfortable, they can also raise the value of your home. Best of all, you could be eligible for insurance discounts once the renovations are finished. Before you get into full renovation mode, keep these tips in mind to ensure you have the right coverage in place to protect your new investment.