Mandatory Insurance
If you are a student under the age of 25 who are coming to live at the residence, you could be covered by your parents' homeowner's insurance, which covers liability and property. However, you may need tenant insurance in your name if you are permanently away from your parents' home. Contact your insurance representative, or your parents' representative, to make sure you are covered and the same applies to your possessions. You have to be covered for $ 2 million in civil liability. The lessee shall enter into and maintain in force, throughout the duration of his lease and / or occupation of the leased premises, a civil liability lessee insurance of not less than $ 2 million.
The tenant and civil liability insurance is intended to compensate the landlord if you cause damage to the building (fire, water damage, burning on the counter, etc.). It also aims to take care of you if another tenant causes damage (hotel and food costs if your apartment is not habitable).
Don't forget your personal belongings!
You may think they do not really have much value. Nevertheless, would you be able to replace them all at once, in case of damage caused by fire, water or following a flight? If only to replace your clothes and your computer, you will have to pay a few thousand dollars.
CAUTION : To reduce the amount of your insurance per month, the insurer usually offers you a policy with a high deductible. This means that for any damage whose cost is less than the amount of this deductible, you will have to pay. For example: You have an inexpensive policy with a $ 500 deductible. You burn a counter with a pan and we estimate the damage at $ 495. Even if you pay for insurance, you will have to assume the entire loss. So ask your insurer questions and inquire. It's your responsibility!
QUESTIONS ASKED BY INSURERS:
Please refer to the resident handbook that was given to you when your room was assigned in order to obtain the details for each building.
List of insurance companies
(You can contact other companies)
DESJARDINS ASSURANCES GÉNÉRALES
Toll free : 1 888 277-8726
https://www.desjardinsassuracesgenerales.com/assurance-habitation
LA CAPITALE
Toll free : 1-888-522-5260
BÉLAIR DIRECT
Toll free : 1 866 684-4078