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Tenant Insurance Premiums Are Changing

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Tenant Insurance Premiums Are Changing

Renewal premiums are changing for the HSC Tenant Insurance Program. The change applies to clients with new and renewing policies. The increase will come into effect February 1, 2024. For most clients, the it will be a little more than $1/month.

Option 1: $10,000 Contents, $500,000 Liability
 Total Cost (single annual
payment, all tax and fees
included)
Monthly Cost
Ontario$281.79
$46.97
 down payment, then $23.48/month
Alberta$262.77$43.80 down payment, then $21.89/month
Manitoba$262.77$43.80 down payment, then $21.89/month
Saskatchewan$278.54$46.42 down payment, then $23.21/month

Option 2: $20,000 Content, $1,000,000 Liability
 Total Cost (single annual
payment, all tax and fees
included)
Monthly Cost
Ontario$367.95$61.33 down payment, then $30.66/month
Alberta$342.55$57.09 down payment, then $28.54/month
Manitoba$342.55$57.09 down payment, then $28.54/month
Saskatchewan$363.10$60.52 down payment, then $30.25/month

For details on coverage options and applying, visit the HSC Tenant Insurance webpage.

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