What are my option choosing a right ABB insurance in Canada?

in
Toronto, Canada
Level 2
160 Views

Hi, everyone.

 

A little description of myself.

I'm totally new to ABB. Brought and move-in my new semi home in Toronto 2 weeks ago. Started ABB basement hosting last week.

I didn't expect I achieved 80% occupancy in July and half of August is booked.

Totally overwhelming...

 

Which made me realize how unprotected I am in the position without proper insurance for my guest and myself.

So long story short.

 

What are my option for purchasing Short Term rental insurance in Canada, Toronto?

Can anyone share your experience and recommendation with me?

 

Thanks,

Jason

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3 Replies

Re: What are my option choosing a right ABB insurance in Canada?

in
Halifax, Canada
Level 2

@Jason1623.  I looked into this some time ago and I know that some insurance companies have created an “Airbnb” rider or short term rental rider that is added to your home insurance package.  

Re: What are my option choosing a right ABB insurance in Canada?

in
Toronto, Canada
Level 2

ok, thank you. I know there is an insurance company called "DUUO" in Toronto tho.

But that's the only one I found so far

Re: What are my option choosing a right ABB insurance in Canada?

in
Airdrie, Canada
Level 2

We insured with Intact, as they allowed short term rentals for a premium (we are landlords as well, and that policy is with a different carrier).  That said, insurance coverage is governed provincially and we are not in ON

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