Second, even if a property owner requires a tenant to maintain liability insurance, that coverage probably won’t protect the owner against liability for its own negligence. Thus, if any ...

Landlords should either increase the coverage amount of their property insurance to account for the increase in value or require the tenant to insure the improvements during the term.

Insurance is more than just your belongings According to the Insurance Bureau of Canada (IBC), Masih's situation is common: only about 50 per cent of Ontarians who rent have tenant insurance.