Get the best price on tenant insurance year after year
On average, YouSet users save $60/year on tenant insurance*
Trusted by over 300,000 users
Affordable tenant insurance this year, next year, and beyond
Why settle for a one-time discount when you can get ongoing savings? At YouSet, we don’t just help renters find affordable insurance this year – we’ll actually help keep it that way next year (and the year after!) too.
Exclusive rates and discounts
As a broker, we unlock exclusive rates and discounts for you. We’ll even automatically apply them, so you never miss out on savings.
Transparent
renewals
We won’t let your renewal sneak up on you. When it’s time to renew, we’ll make sure you pay the best price possible, or we will re-shop for a better deal for you.
Proactive price
increase alerts
We won’t let unexpected price hikes catch you off guard. If your price increases at renewal, we’ll alert you and even re-shop with another insurer for you.
Self-serve
features
With your YouSet account, you can access your policies and documents in one place – even from different insurers – and make policy modifications.
How to get a tenant insurance
quote at the best price
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1
Share and compare 3 min
Tell us about yourself, and our algorithms will automatically compare multiple insurers, uncover exclusive discounts, and apply them for you.
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2
Buy online 1 min
Once you’re happy with your quote, complete your purchase directly on YouSet through our secure online checkout.
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3
Renew at the best price
You will be notified if your price increases, and we’ll re-shop for a better deal for you.
Shop for tenant insurance by province or city
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Great service! The team works very quickly and professionally! I urgently needed insurance and they issued it in one day.
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Rapid service, all handled via email and text, no waiting on hold.
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Straightforward service with fast turnaround and kindness. What more could you ask for?
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This company is unlike most companies these days. They are easy to communicate with, efficient and offer good prices.
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Fast and easy to get a quote and order a policy. Price was the best among three others I checked before.
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Fast response, easy and reliable. Got the best rate by a mile with YouSet.
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Great tenant insurance. Even lower price than when you get a quote directly from the insurer.
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Was able to get a policy and a great policy at that, for a super affordable price that was actioned in 24 hours!
What is my best price?
YouSet’s algorithms are designed to do one thing – find you the best price. By analyzing the details you provide, we scan our network of insurers, apply exclusive discounts, and present you with the best option.
Protect what’s yours with tenant insurance
Think you’re covered by your landlord’s insurance? Think again. Protect what’s yours with flexible tenant insurance from YouSet – starting at just $12 a month, with quick quotes and a hassle-free online checkout.
Personal belongings coverage
Personal belongings coverage, also known as contents insurance, covers your belongings (ex. clothing, electronics, furniture) no matter where they are, be it in your home or temporarily out of it. It’s automatically included in all YouSet tenant insurance policies.
Additional living expenses coverage
If you can’t live in your rental due to a covered claim, additional living expenses coverage can help cover temporary accommodations and everyday living expenses such as food or clothing. It’s automatically included in all YouSet tenant insurance policies.
Personal liability coverage
Living in a rented space – often close to others – comes with risks. If someone gets hurt in your unit or you accidentally damage a neighbour’s property, you could be held financially responsible. That’s why personal liability coverage is automatically included in all YouSet tenant insurance policies.
Sewer backup coverage
Sewer backup coverage covers damages to personal belongings and relocation fees if sewage backs up into your rental unit from a sewer, septic tank, or sump pump. While optional, it’s strongly recommended, especially for renters living in basement apartments.
Overland water coverage
If freshwater unexpectedly accumulates and enters your rental unit, overland water coverage can help cover the damage to your belongings and potential relocation fees. While optional, it’s strongly recommended, especially for renters in areas prone to heavy rainfall or those living in basement apartments.
Above-ground water coverage
If water unexpectedly enters your home from above, such as through the roof, walls, windows, or doors, above-ground water coverage can help cover the damage to your belongings and potential relocation fees. While optional, it’s strongly recommended, particularly for renters in multi-unit buildings where water damage can spread quickly.
Identity theft coverage
While your bank may handle fraudulent charges, identity theft coverage is designed to reimburse you for legal fees and expenses associated with replacing important documents after your identity has been stolen.
Coverage for valuables
If you own an item that’s valuable or hard to replace, you can add it to your policy as a floater. That way, if it’s lost or damaged by a covered event, it’s protected for its full appraised value.
Save up to 15% more when you bundle
YouSet is the only digital broker in Canada that automatically compares the cost of bundling tenant and car insurance from a single insurer against the cost of mix-and-match tenant and car insurers. Whichever option offers the best price is the one we present to you.
Insurer A
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Car insurance
$ 118per month -
Home insurance
$ 85per month
Insurer B
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Car insurance
$ 39per month -
Home insurance
$ 72per month
Insurer C
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Car insurance
$ 72per month -
Home insurance
$ 29per month
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Car insurance with Insurer B
$ 39per month -
Home insurance with Insurer C
$ 29per month
Additional resources for renters
We know that renters insurance can feel intimidating, which is why we created these helpful resources to help you throughout the process.
Is YouSet insurance legit?
Yes, YouSet is fully legitimate! We are a registered damage insurance brokerage, licensed by the AMF in Quebec and RIBO in Ontario, allowing us to offer a full range of personal lines insurance products in both provinces.
Can I switch to YouSet even though I’m in the middle of a policy elsewhere?
Absolutely – you can switch to YouSet at any time, even if you’re in the middle of a policy elsewhere! While your current provider may charge an Early Termination Fee, the money you save by switching now might more than make up for the fee in the long run.
Am I required by law to have tenant insurance? If not, why do I need it?
While not mandatory by law, your landlord or property management company can require tenant insurance as part of their standard lease agreement, which you agree to by signing it. Some may even require proof of insurance as a condition of the lease.
Even if it’s not required, renting without insurance is risky. Keep in mind that your landlord’s insurance only covers the physical structure and permanent fixtures of the rental unit. Tenant insurance, on the other hand, protects you financially if your belongings are damaged, lost, ruined, or stolen, or if you are held liable in a lawsuit.
Can I add other people to my tenant insurance policy?
Yes, you can usually add other people who are living with you and are on the lease (ex. your roommate) to your insurance policy. However, anyone related by blood is automatically covered and doesn’t need to be added.
How much is tenant insurance?
On average, renters in Quebec pay around $18 a month for tenant insurance, while those in Ontario pay about $27 a month with YouSet.
Generally speaking, the more coverage you choose, the higher your monthly premium will be. However, insurers will also consider other factors when calculating your premium, such as the location of your rental unit and your claims history.
Who pays for tenant insurance?
You do – the tenant. Fortunately, tenant insurance is relatively affordable, starting at just $12 a month with YouSet. If you’re concerned, it’s always a good idea to get a tenant insurance quote before signing a rental agreement to make sure you can afford the full cost of living in the unit, not just the rent.
What is a good minimum for renters insurance?
When renters buy insurance from YouSet, $25,000 in personal belongings, $1 million in personal liability, and $10,000 in additional living expenses coverage are the minimum amounts automatically included.
Whether or not this is a good amount will depend on factors like the value of your personal belongings, the risk level of your area, and your budget. Keep in mind that the more types of optional coverage you add and the higher limits you select, the more your policy will cost.
*Average savings are based on users who purchased tenant insurance with YouSet on or before June 17, 2024. Individual savings may vary and are not guaranteed.