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Commercial Realty

Customized insurance solutions for your needs

Rooming House Insurance

Rooming houses are common across all of Ontario. These houses provide tenants a space to live while sharing common spaces with fellow tenants. With so many different tenants, there are a few things to keep in mind as a landlord. It can be hard to keep an eye on your property at all times. Things can also happen when you least expect them to. Looking into purchasing insurance is a great way to stay prepared for even the most unexpected events.

 

Broad Form Insurance

Broad form insurance is essential to have when you are any kind of landlord, even more so when you have a variety of tenants. This insurance covers costs associated with accidents in the home, such as fires or electric malfunction, as well as factors that are out of human control, like storms. Accidental damages are not typically covered, nor are power surges by most broad form insurance policies.

Sewer Backup Coverage for Commercial Realty

With more than a few different people living in one dwelling, your property’s plumbing systems are sure to be put to the test. Sewage problems can be offensive to your nose and wallet if you don’t have insurance coverage. With sewage backup coverage, you can at least save yourself a lot of the financial costs. Sewage backup coverage is not covered by regular homeowners insurance or broad form insurance, either. Unless you are prepared to pay out of pocket for pricey replacements, talk to an isure broker about adding sewer backup coverage to your plan.

 

Sewer Backup Coverage for Commercial Realty

With more than a few different people living in one dwelling, your property’s plumbing systems are sure to be put to the test. Sewage problems can be offensive to your nose and wallet if you don’t have insurance coverage. With sewage backup coverage, you can at least save yourself a lot of the financial costs. Sewage backup coverage is not covered by regular homeowners insurance or broad form insurance, either. Unless you are prepared to pay out of pocket for pricey replacements, talk to an isure broker about adding sewer backup coverage to your plan.

 

Tenant Damage Coverage for Commercial Realty

You could already have coverage for intentional and accidental damage, but one thing that is essential to rooming houses is general wear and tear coverage. Having multiple people sharing a single space will accelerate general wear on your home’s floors, stairs, and carpets. Tenant damage coverage covers costs associated with this unavoidable kind of damage.

Rooming houses are an essential part of Ontarian lives, but landlords of rooming houses take on quite a bit of responsibility. Many insurance companies view rooming houses as high-risk, which is where isure advantages come in. isure works with numerous insurance providers to find you the best rate. Our team understands that each case needs to be evaluated individually rather than being grouped together synonymously. Call us today to receive a custom quote for all rooming house insurance.





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