Up To 8-Plex Rental Property Insurance

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Stand-alone Single Family Dwellings, Multi-Unit Buildings up to 8-plex, Condominium units rented to others, Long term or short term tenancies, Airbnb/VRBO vacation rentals, Student rentals

Insurance for Rental Unit Owners

If you’re a rental unit owner, it’s important to protect your investment with the right insurance coverage. We offer specialized insurance options for rental multi-unit buildings, including coverage for buildings with up to 8 units.

Comprehensive Coverage for Your Building and Tenants

Our insurance policies are designed to provide comprehensive protection for rental unit owners like you. We offer coverage for both property damage and liability, so you can rest easy knowing that your building and tenants are protected.

What Our Policies Include

Damage to the building and its contents, such as appliances and fixtures
Loss of rental income if the building becomes uninhabitable
Liability protection in case a tenant or visitor is injured on the property
Defense costs if you are sued by a tenant or other third party

Additional Endorsements Available

We also offer additional endorsements for specific types of risks, such as flood or earthquake coverage.

Risk Management Services

In addition to insurance coverage, we also offer risk management services to help you identify and mitigate potential hazards. Our team of experts can help you develop safety protocols and emergency plans to minimize the risk of accidents and injuries on your property.

Customizable Insurance Options

We understand that every rental unit owner’s needs are unique, that’s why we offer customizable insurance options to fit your specific needs. Our team of experienced insurance agents would be happy to work with you to create an insurance package that fits your needs.

Contact Us Today

Don’t leave your rental unit investment unprotected. Contact us today to learn more about our insurance options for rental multi-unit buildings.

Welcome to Toronto Insurance Solutions, your reliable source for insurance information in the Greater Toronto Area. As a local insurance broker based in Markham, Ontario, I am dedicated to providing my clients with comprehensive coverage options for all their insurance needs, serving towns and cities across the province.

RENTED RESIDENTIAL BUILDING

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Coverage for a Variety of Rental Properties: Stand-alone Single-Family Dwellings, Multi-Unit Buildings up to 8-plex, Condominium Units Rented to Others, Long-term or Short-term Tenancies, Airbnb/VRBO Vacation Rentals -APPLICATION-

Consent: Personal Information Privacy and Electronic Document Act (PIPEDA) Consent

• I agree to the privacy policy. Personal Information Privacy and Electronic Document Act (PIPEDA) Consent This form collects personal contact information so that we may correspond with you and provide the results of your quotation. It also collects underwriting information about your personal property, and claims history. This information is required by the insurance company to provide a rate for insurance coverage. It may be submitted to an insurance company for the single purpose of obtaining a quote. I give consent for the information provided in this form to be used by Insureit Group Inc. And its representatives.

Applicant’s Contact Email(Required)

Applicant #1 Name:(Required)

First Last

Applicant #1 Date of Birth:(Required)

MM slash DD slash YYYY

Applicant #2 Name:

First Last

Applicant #2 Date of Birth:

MM slash DD slash YYYY

Mailing Address(Required)

Street Address City State / Province / Region Postal Code

How many mortgages / liens / encumbrances are on the property?(Required)

Is the applicant behind/late in making their mortgage payments?(Required)

Additional Insureds Easements/foreshore etc.: List any entities to be added, that do NOT occupy the premises (eg. Her Majesty…):(Required)

Insurable Interest / Title: List any individuals with an insurable interest requiring Additional Insured status with respect to Residential Building?(Required)

Insurance & Loss History

Has insurance ever been cancelled or refused for this property?(Required)

Yes

Has insurance ever been cancelled or refused for this property?(Required)

Yes

If canceled or Refused details:

Claim Details (cause, date, amounts paid)

Was damage professionally repaired?

Yes

RISK INFORMATION

Risk location(Required)

Street Address City Province Postal Code

Size of property in acres:(Required)

City sized lot

15 or less acress

More than 15 acres

Has the risk location ever been evacuated or put on notice of evacuation due to a wildfire or flood?(Required)

Yes

If yes, provide details:

Building Information

Year Built:(Required)

Type of Building:(Required)

Detached (or semi)

Duplex

Triplex

Fourplex

Fiveplex

Sixplex

Sevenplex

Eightplex

Type of Building:(Required)

Row House/Townhouse

Mobile

Mixed Use (Comm. + R

None

Type of Construction:(Required)

Wood Frame

Concrete Block / Masonry

Log

Fire Resistive

Clay

Straw

Modular / Prefab

Type of Foundation:(Required)

Poured Concrete

Concrete Block

Crawlspace

Treated Lumber

Brick / Stone

Post + Pier

Number of Stories:(Required)

Total square footage (incl. basement if finished)(Required)

Building Updates

Renovations / Demolition Has the home been taken down to the studs and completely renovated (gutted)?(Required)

Yes

Renovation budget: $

Will there be any structural renovations (eg. adding or removing walls)?(Required)

Yes

Electrical

How many amps is the electrical system?(Required)

100 amps or more

Less than 100 amps

Electrical system details:(Required)

Circuit Breakers

Fuses

Electrical system details:(Required)

Knob + Tube

Mixed – more than one of the above types

Other

Type of wiring:(Required)

Copper

Aluminum

Mixed – Aluminum + Copper

If there is any aluminum wiring, what percentage is aluminum Percentage:%(Required)

Has it been inspected and approved by a licensed e electrician?

Yes

Attach copy of report

Max. file size: 512 MB.

Year of most recent electrical update:(Required)

Roof

Year of complete roof replacement:(Required)

Roof Material(Required)

Asphalt Shingles

Cedar

Clay / Slate

Rubber

Flat Deck / Tar + Gravel

Green

Metal

Straw

Thatched

Zinc

Multiple – more than one of above roof types

Plumbing

Year of most recent plumbing update:(Required)

Plumbing Type(s):(Required)

Copper, PEX, PVC, ABS

Polybutylene

Galvanized steel

Kitec

Cast Iron

Mixed – more than one of the above types of plumbing

Year of hot water tank(s):(Required)

Heating

What is the primary heat device/appliance to regularly heat the home?(Required)

Baseboard Electric

Boiler – in floor radiant heat

Heat pump

Forced air furnace

Radiant ceiling heat panels – electric

Plug-in space heaters

Wood heat appliance

Wall furnace / wall heater

Combination – forced air furnace with add on wood burning unit

Stoves (wood heat, pellet)

Fireplace inserts ☐ Other – Describe:

Fireplace inserts ☐ Other – Describe: What is the primary heating fuel/source?(Required)

Natural Gas

Propane

Electricity

Geothermal

Oil

Wood

Solar

Other

Does the home have a solid fuel heat device (other than traditional fireplace)?(Required)

Yes

If yes: Is woodheat the primary source or are more than 3 cords of wood/(Required)

Yes

2 tons of pellets burned annually?(Required)

Yes

Was the solid fuel heat device professionally installed?(Required)

Yes

Is there a passed WETT inspection on file?(Required)

Yes

if yes, attach copy

Max. file size: 512 MB.

Have modifications been made to the solid fuel heat device?(Required)

Yes

No solid fuel

Other

Does the home have an oil tank?(Required)

Yes

Year of oil tank:

Location of oil tank:

Underground

Above ground in home

Above ground outside of home

Smoke detectors

Are there operational smoke detectors? Smoke detectors are mandatory – otherwise risk will be declined(Required)

Yes

Smoke detectors are mandatory – otherwise risk will be declined(Required)

Yes

Occupancy

Are there any commercial tenants in the building? (note: Airbnb / short-term rentals are considered residential, not commercial):(Required)

Yes

If yes, describe occupancy:

How long is the rental?(Required)

Annual

Monthly

Weekly (short-term eg. airbnb)

Daily (short-term eg. airbnb)

Other

If Other Please describe

How many rented, self-contained (with full kitchen/separate entrance) units are there?(Required)

Basis of rental accommodation provided by landlord/applicant?(Required)

Renting by room (collecting rent individually from each room occupier)

Renting a complete unit(s) with kitchen and bath

Renting entire home

Student Housing (DO NOT CONTINUE – PLEASE REVERT TO OUR STUDENT HOUSING PRODUCT)

Other (Please describe)

Who is responsible for the care and maintenance of the property?(Required)

Individual

caretaker / manager (paid)

Owner (who lives within 2.5 hours drive of the property

Owner (who lives more than 2.5 hours drive from the property)

Friend /Relative ☐ Tenant ☐ Other (Please describe):

Tenant

Other (Please describe):

Is there any farming, business, or commercial operations on premises?(Required)

Yes

Untitled

Coverages

Annual Rental Income: $(Required)

Premises Liability:(Required)

Deductible:(Required)

Is sewer backup coverage requested?(Required)

Yes

Is earthquake coverage requested?(Required)

Yes

PLEASE READ BEFORE SIGNING:

The Applicant has reviewed this application form and all attachments and acknowledges that all information provided is true. The Applicant understands that any insurance that may be provided is based on the information in this application being true and correct, and any misrepresentation or omission will render any such insurance policy null or void from inception. The Applicant understands that if the insured fails to immediately inform the insurer of material changes to these facts during the term of an insurance policy, the insurance may not be valid. The Applicant understands that they cannot contravene a term of the policy, commit a fraud, or willfully make false statements during a claim investigation. The Applicant confirms that all individuals included in this application have authorized the collection and storage of their personal information. Credit information, claims history and other personal information may be collected, used and disclosed for the purposes of assessing and underwriting the application for insurance, renewals, evaluating claims, detecting and preventing fraud. The Applicant hereby consents to the use of electronic communications, electronic records, and electronic signatures. The Applicant understands an electronic signature is legally binding, just as if the Applicant had signed a paper document. NOTE: INSURANCE IS NOT IN EFFECT UNTIL SUCH TIME AS OR INSURANCE POLICY IN WRITING THAT CONFIRMS COVERAGE IS IN PLACE.

Please email me for an application if you prefer a Word fillable version.

Contact Us

Multi-unit buildings up to 8-plex*
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Insurance for Landlords

As a landlord, it’s important to protect your investment and ensure that you have the appropriate coverage for your rental properties.

All Services



Stand-alone Single-Family Dwellings

Policies cover damage to the property and any landlords property within the rental unit, as well as liability for any injuries that occur on the property.



Condominium Units Rented to Others

Policies cover damage to the unit and any landlords property within the rental unit, as well as liability for any injuries that occur within the unit..



Airbnb/VRBO Vacation Rentals

Policies provide coverage for vacation rentals that are rented through online platforms such as Airbnb and VRBO.



Multi-Unit Buildings up to 8-plex

Policies cover damage to the building and any personal property within the rental units, as well as liability for any injuries that occur on the property..



Long-term or Short-term Tenancies

Policies cover damage to the unit and any landlords property within the rental unit, as well as liability for any injuries that occur within the unit…



Student rentals:

Policies cover damage to the unit and any landlords property within the rental unit, as well as liability for any injuries that occur within the unit…

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Get in Touch

Contact Us

Multi-unit buildings up to 8-plex*
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Name
First
Email
Untitled

Contact

800 Denison Street, Suite 200
Markham Ontario L3R 5M9

(416)388-8918