Tenant and Renter’s Insurance in Vaughan
Vaughan has long been a destination for people looking for the best of both worlds – suburban living with easy access to the city. Located just a few exits north of Toronto on the 407 or 400 by car, Vaughan is also easily accessible by TTC, GO, YRT and Viva.
Choosing Vaughan to Rent
Home to corporations like Adidas, KPMG, UPS and CN Rail, the “City above Toronto” is a major city on its own. It’s the 17th largest city in Canada with a population that has more than doubled since it was incorporated as a city in 1991.
Along with Vaughan Mills, Canada’s wonderland and the McMichael Canadian Art Collection, there are plenty of parks, restaurants and other attractions to keep you entertained in Vaughan.
Unfortunately all the amenities and high standard of living in Vaughan come at a price. It is one of the most expensive cities in the GTA to live in. Which makes renting a necessity for the over 10,000 people in Vaughan who rent their living space.
If you do rent in Vaughan, or anywhere else in the GTA for that matter, you need to know about the financial risks of being a tenant – especially in the event of a burglary, fire, flood, windstorm, or any other hazard.
Your Landlord’s Insurance Does Not Cover Your Property!
Most tenants think that if their unit is damaged in a disaster or their valuables are stolen during a break-in that the insurance policy on the unit covers their belongings. That’s not the case! Your possessions are not part of the landlord’s property insurance policy.
That assumption causes most tenants not to even think about insurance – much less consider if they need it or not. It also leaves them exposed to overwhelming expenses in an already bad situation.
