RENTAL PROPERTY INSURANCE – CORNERSTONE

RENTAL PROPERTY INSURANCE IN ALBERTA

As a rental property owner, you are a pillar of your community. Whether you own a rental suite, a rental home, or multiple properties, you provide valuable living spaces in your neighbourhood. Being a landlord comes with benefits and risks. Rental property insurance helps protect you and your property from unpredictable events. Our insurance brokers are happy to discuss rental property insurance policies with you, whether you’re a seasoned property owner or renting your first property.

WHY DO I NEED RENTAL PROPERTY INSURANCE IN ALBERTA?

If you own one or several rental properties in Alberta, you’ll want to protect your property from unforeseeable circumstances, just as you would protect your own home. The difference between rental property insurance and regular home insurance is that landlord insurance coverage often includes both property coverage and additional liability coverage.

Our insurance brokers are here to help you find the right policy for your needs and budget. Contact Cornerstone Insurance to inquire about landlord insurance quotes today!

WHAT DOES RENTAL PROPERTY INSURANCE COVER?

Rental property insurance typically covers damage to the physical dwelling caused by fire or weather events, such as wind or hail. Coverage also extends to other structures on the property, such as fencing, sheds, or garages, and can even include personal property such as a lawnmower or snowblower. Personal property coverage for a rental unit does not typically include items such as furniture or entertainment devices. 

Rental property insurance can also include liability coverage that protects the landlord in the event that an individual is injured on the property and the landlord is deemed responsible. This coverage can go toward medical expenses for the injured party. 

When you have the right insurance policy in place to protect your income property, you can manage your investment with peace of mind, knowing you’ll be protected from a number of risks and liabilities. 

HOW WE REVIEW RENTAL PROPERTY QUOTES IN ALBERTA

When you sit down with our insurance experts, we’ll explain your coverage options so that you have a complete and confident understanding of the choices available to you. These options will include a combination of property, personal possessions, liability, vacancy permits, rental income, and more, depending on the needs for your income property.

Once you understand your coverage needs and options, we will shop and compare the best rates available from our trusted and reliable insurers. We’ll guide you through the different policy options to find you the best deductible and limit combination for your needs. We’ll also let you know about any possible discounts that might be available.

Bundling your policies can also keep your claim process streamlined; no matter what happens, Cornerstone Insurance Brokers will be here to help you through any claim on your policies with us. 

CORNERSTONE’S CONVENIENT CLAIMS PROCESS

At Cornerstone Insurance, our brokers are committed to making the claims process smooth and stress-free. For your peace of mind, you can contact our insurance brokers directly, or you can use our convenient online portal, Cornerstone Connect. Our online system can be accessed using a computer, laptop, or with our convenient app for mobile devices. 

When you need to file a claim, our insurance brokers are here to guide you through the process and keep you updated along the way. We’re also here to advocate and mediate on your behalf in the event of a dispute with the insurer to help you get an accurate and quick solution. We’re here to offer you solid protection and sound advice for all your insurance needs.  

GET IN TOUCH & GET A QUOTE

At Cornerstone Insurance, we are committed to personable and professional service. You can reach out to our team of insurance experts by email, phone, or via our online portal. We’re happy to answer all your insurance questions to help you find the policy best for you.  

If you need rental property insurance or want to reassess your coverage, get in touch with our experienced team of insurance brokers. We look forward to meeting you and discussing your needs to help us make recommendations for policies that fit your requirements as a landlord. We’ll provide quality comparisons from our top insurance partners so you can find the best rate and coverage for your unique situation.

OUR INSURERS

Our team is dedicated to providing Alberta landlords with the best selection of insurance for their rental property needs. Learn more about Cornerstone Insurance’s partners and insurers.