Tenant Insurance – What You Need to Know
- Trico Communities Blog
- Wednesday, October 22, 2025
When you’re renting a home, protecting your belongings might not be the first thing on your mind — but it should be. That’s where tenant insurance comes in.
What Is Tenant Insurance?
Tenant insurance helps protect your personal belongings, provides liability coverage, and can even help cover hotel costs if your unit becomes uninhabitable due to a fire or flood.
What’s Covered?
- Furniture and electronics
- Personal belongings (even when you’re away from home)
- Temporary housing after an emergency
- Liability protection if someone gets injured in your unit
What’s Not Covered?
- Roommates’ belongings
- Flooding or sewer backups (unless added to your policy)
- High-value items like fine jewellery or artwork (unless listed separately)
How Much Does It Cost?
Tenant insurance is more affordable than many people think. It typically starts around $20 to $50 per month, depending on your coverage, provider, and where you live.
Why It’s Required at Trico Communities
At Trico Communities, we not only recommend tenant insurance — it’s part of our lease agreement. That’s because we believe in protecting our residents and their peace of mind.
How to Get Started
Tenant insurance is offered by many providers, including AMA, Aviva, Sonnet, and more. Shop around, compare prices, and find the best plan for your needs. Your leasing agent can also help answer questions and point you in the right direction.
Protect your home, protect your future — get tenant insurance today.