This question often comes down to the responsibility of tenants in rental properties.
Indeed, many tenants do not take insurance, neither for the furniture or to ensure their civil liability.
The question is therefore: Can the landlord require his tenants to have home insurance?
The answer is yes, but only under certain conditions.
The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. However, uncertainty surrounding the future of the North American Free Trade Agreement (NAFTA) is clouding the economic outlook.
Did you know your group membership benefit entitles you to savings and discounts on your home and auto insurance not available to the general public? With The Personal, you get group rates exclusive to members of Association des propriétaires du Québec – plus savings of up to 30%* on your home and auto insurance.
Did you know water damage represents more than 50% of the cost of home insurance claims? What does that mean for the future?
Presenting H2O+ Solutions from The Personal—helping you protect your home against water damage!
Our survey distinguishes between two types of spaces: standard and non-standard spaces. Standard spaces, also referred to as independent living, are those occupied by a resident paying market rent and who does not receive 1.5 or more hours of care per day. A non-standard space is one in which the residents are receiving at least 1.5 hours of care per day, spaces being used for respite and non-market spaces.