Student Rental Property Insurance in Ontario

Only if the student use is disclosed and the policy is rated for it. A standard landlord or home policy can deny a claim if the higher-occupancy, by-the-bed student use wasn't declared. We rate the tenant type honestly so the claim responds.

By-the-bed leasing means each bedroom is rented to a separate tenant, which raises occupancy, wear, and damage risk and most insurers rate it differently than a single-lease house. We declare the leasing structure honestly and place it with the carriers that write by-the-bed student houses.

Intentional damage by a tenant is excluded unless a vandalism-by-tenant endorsement is added. In student housing this is a real risk, so we add the endorsement where the insurer offers it and check the deductible and limit so a trashed unit is covered, not a surprise.

It can be. We add loss of rental income up to 12 months so a fire or major repair that empties the house between terms doesn't wipe out your rent roll while it's rebuilt.

Yes. Many of our student-rental owners are absentee. We structure periodic-inspection and check-in terms with your local property manager so the policy doesn't lapse on a vacancy or distance technicality a standard landlord policy would deny.

Higher occupancy, more occupants per square foot, younger tenants, and higher property-damage frequency push insurers to rate student houses above a single-family rental. We shop that rating across 17+ insurers so the premium reflects the real risk, not a loaded assumption.

Each property is typically scheduled on its own policy, though multi-door investors can move to a portfolio program as they scale. We'll set up the structure that fits today and graduate you to portfolio coverage when it saves money.

Pest infestation is generally excluded as a maintenance issue, not a sudden insured peril. We explain what's covered and what isn't, and recommend the tenant-screening and inspection cadence that prevents the most common student-house losses.