on your home insurance!
RENTAL PROPERTY INSURANCE
Insure your building at a competitive price
Stack up the discounts and save!*
As a rental property owner, you owe it to yourself to protect this asset, which is not only a source of income but also a long-term investment. Protect your property with our specially designed insurance for building owners.
You could benefit from coverage against damage to your building in the event of a claim, as well as compensation for any resulting loss of income with the addition of Rental Value coverage.
Example: A pipe breaks in your triplex and causes major water damage to the basement apartment, which will be uninhabitable until repairs are made.
Basic Coverage
Civil liability
Civil liability coverage is strongly recommended. It covers harm that you may unintentionally cause to others.
Example: A delivery driver is injured when they slip on your building entrance’s icy steps.
Specified perils
We cover your property against the risks listed in the insurance contract, including fire, theft and vandalism.
Note that while we don’t cover your tenants’ belongings, we do cover yours if you have any. If so, it’s important to let us know. Examples would include appliances in a semi-furnished apartment, maintenance equipment stored in the basement of the building, etc.
Broad perils
This coverage provides protection against risks beyond those covered under Specified Perils. It is our most comprehensive coverage for an income property, as certain protections are enhanced, particularly those relating to the residential building.
It also provides you with access to more comprehensive options regarding risks such as water damage.
What it covers:
- Residential building and any permanent equipment inside, such as a heat pump, for example.
- Outbuildings: This refers to any additional structure that is not physically attached to the dwelling and that is permanently installed on the insured premises. Examples: shed, garage.
Additional Coverage Options
Water damage
Did you know that water damage accounts for nearly half of all home insurance claims in Quebec? That's why it's important to have good coverage and to know how to prevent water damage.
Groundwater and sewer
No more worrying about sewer backups with this coverage for your belongings against accidental water damage as a result of:
- A sewer or septic tank backup
Above-ground water
This coverage protects you against water damage caused by sudden, accidental water leakage through the roof, doors, windows, etc.
Rental value
This option protects your rental income. We cover the loss of rental income when, as a result of a covered loss, the building becomes completely or partially unusable. This coverage applies while the premises are being refurbished, for a maximum of 12 months.
Water inlet
This coverage pays the costs of demolition and repair to fix a water inlet. It’s a low cost option compared to the expense of repairing water damage.
Read this article for all the details.Fuel oil overflow or leaks
This option covers damage to the building and insured property caused by an accidental leak or overflow from an oil tank, a pipe to the furnace or connected system components. Decontamination is included in the coverage.
Earthquake
This option covers damage caused by an earthquake and any subsequent damage, like water seeping through a window that was damaged during the quake.
Quick and easy claims!
When damages happen, we're here to help. Count on our expert advice and assistance for your car insurance claims.
- 24/7 claims service
- Reassuring and immediate support
- One of the fastest post-accident reimbursement times on the market
Bundling your insurance with iA Auto and Home pays off!
Save money on your car insurance!
Learn more about auto insurance
Save money on your recreational vehicle insurance!
Learn about recreational vehicle insurance* Certain conditions apply. Subject to change without notice.
Living outside Quebec?
Our auto and home insurance products are offered only in the province of Quebec.
Our partner Surex can help you with your auto and home insurance needs in your region.
