Home insurers across Canada sell tenant insurance, and so do several online-only companies, which makes comparing them the main work of buying a policy. Prices for the same coverage vary between providers, and the cheapest option can depend on whether you already insure a car. This page compares the main tenant insurance providers, lists regional insurers worth checking in each province, and explains what to line up when comparing quotes. How tenant insurance works, what it covers and what it typically costs are explained in the tenant insurance guide.
Tenant insurance providers compared
All of the providers below sell tenant insurance. A tenant policy covers contents, personal liability and additional living expenses, and prices vary by location, coverage amount and claims history, and no government body publishes an average. As one reference point, APOLLO Insurance reports that the tenant policies it issued from July 1, 2025 to June 30, 2026 averaged $21.74 a month across the provinces in its data, which exclude Quebec. That is one insurer’s customers, not a market-wide figure, so a quote for your address is the only reliable price.
| Company | What it is | How it sells |
|---|---|---|
| Square One | Vancouver-based online provider with customizable policies | Online |
| Sonnet | Definity’s online brand | Online |
| TD Insurance | Insurance arm of TD Bank | Direct, including online |
| Intact | Canada’s largest property and casualty insurer | Brokers |
| belairdirect | Intact’s direct brand | Direct, including online |
| Aviva | National property and casualty insurer | Brokers |
| Wawanesa | Mutual insurer founded in Manitoba | Independent brokers |
| Desjardins | Quebec-based co-operative financial group | Direct |
| Apollo | Online provider with a Best Price Guarantee (terms apply) | Online |
Online-first providers
Square One, Sonnet and Apollo are built around online quoting and policy management. Square One is built around customizable coverage, which suits renters with unusual belongings or who want specific endorsements. Sonnet (part of Definity) quotes quickly and bundles with its own car insurance. Apollo sells through an online platform with a price guarantee whose terms are set out on its site. Get an Apollo quote.
Large insurers and bundling
TD Insurance, Intact, Aviva, belairdirect, Wawanesa and Desjardins also sell car insurance, so a renter who already has a car policy with one of them can start by asking that insurer for a tenant quote with a multi-policy discount. The size of that discount varies by insurer.
Regional tenant insurers by province
| Province | Providers to add to the list | Province guide |
|---|---|---|
| Alberta | AMA (Alberta Motor Association), Peace Hills Insurance | Tenant insurance in Alberta |
| British Columbia | BCAA, Square One | Tenant insurance in BC |
| Ontario | CAA Insurance, The Co-operators, Desjardins | Tenant insurance in Ontario |
| Quebec | Desjardins, Promutuel, Beneva | Tenant insurance in Quebec |
Auto clubs such as BCAA and CAA give their members lower insurance prices, so when comparing their quotes, the membership fee belongs in the price.
What to compare between providers
Two tenant quotes with different prices are often quoting different policies. Before comparing prices, make sure each quote has:
| What to match | Why it matters |
|---|---|
| The same contents limit | A lower limit makes a quote look cheaper |
| Replacement cost, not actual cash value | ACV pays much less on electronics and furniture |
| The same liability limit | A higher limit costs more, so compare at the same limit |
| The same deductible | A higher deductible hides part of the difference |
| Sewer backup and, where relevant, overland water or earthquake | Whether they are included differs between quotes |
| Sublimits for bikes, jewellery and electronics | Low sublimits can matter more than the premium |
Then look at service: how claims are reported (app, phone, online), whether the insurer issues a proof-of-insurance certificate immediately for your landlord, and how easily the policy moves with you when you change apartments. How much contents coverage to buy, which exclusions to watch for and how to file a claim are covered in the tenant insurance guide.
Other ways to lower the price
The same levers that lower a homeowner premium apply to tenant insurance. The size of each saving varies by insurer, so compare quotes rather than relying on a typical percentage:
- Bundling tenant and car insurance with one insurer
- A higher deductible, if you could pay it from savings
- A burglar alarm
- A claims-free history
- Paying the premium annually, which avoids instalment fees
Renters who later buy a home will find the same insurers compared for homeowners in the best home insurance companies in Canada guide, and the home insurance guide explains how homeowner coverage differs.