Toronto Renters Insurance?

October 3, 2005 9:19 AM

Toronto Renters Insurance?

I need to buy some Renters Insurance (also known as Tenants Insurance) but am overwhelmed by the options available. Torontonians, who do you use? (note: I have no car so currently I have no insurance whatsoever.) Thanks for your help!

posted by Fuzzy Monster to Home & Garden (6 answers total)

I use CAA right now. I think they gave me the cheapest quote.
posted by chunking express at 10:02 AM on October 3, 2005

Are you an alumnus of a Canadian university? I don't currently have renter's insurance (though I probably should) but when I was looking into it a couple years ago I found that Meloche Monnex offers pretty good rates for alumni of many Canadian post-secondary institutions. Try the free online quote and see if your alma mater is in the list.
posted by sanitycheck at 10:04 AM on October 3, 2005

I went with State Farm. It was relatively easy to setup and it's not that expensive. Here's their online quote generator.
posted by purephase at 10:13 AM on October 3, 2005

Your best bet for finding the best deal (including the most appropriate coverage) is probably an independent insurance broker.
posted by winston at 10:40 AM on October 3, 2005

Response by poster: Thanks, everybody. My school was indeed on the Monnex list and I have requested a quote from them. I'm going to get quotes from other Insurance Brokers as well... we'll see how they add up. If anyone else has any tips or hints, please don't hesitate to add them to this thread. Thanks Again!
posted by Fuzzy Monster at 12:17 PM on October 3, 2005

Don't confuse an insurance agent with an insurance broker. An independent insurance broker should be able to compare all the available products (from any company) for you.
posted by winston at 7:18 PM on October 3, 2005