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Compare and purchase the best
tenant insurance rates in Northwest Territories.

Get free & accurate quotes from Canada’s top tenant insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Get free & accurate quotes from Canada’s top tenant insurance providers. In just a few minutes, our quoter can unlock discounts that can have you saving hundreds of dollars a year on average.
Types of coverage we provide
Claims Forgiveness
Claims Forgiveness
This allows for the protection of your “claims free discount” in the event of your first claim.
Deductible
Deductible
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
Replacement Cost
Replacement Cost
Actual cash value policies are based on the items' depreciated value while replacement cost coverage does not account for depreciation
Comprehensive Insurance Coverage
Comprehensive Insurance Coverage
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
Liability Coverage
Liability Coverage

Provides protection against a lawsuit resulting from damaged property or personal injuries.

Scheduled Items
Scheduled Items

Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.

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Our Reviews

Northwest Territories tenant insurance rates vs. other provinces

Residents of the Northwest Territories pay relatively modest premiums, compared to the rest of Canada. Start a free quote with us now to see if you could save more!

Province

Average Rates

Northwest Territories

$416

Alberta

  $466

British Columbia 

$397

Manitoba  

$503

New Brunswick

$500

Newfoundland & Labrador 

 $399

Nova Scotia  

$423

Nunavut 

$402

Ontario

  $478

Prince Edward Island  

$385

Saskatchewan  

$410

See how our customers save big on tenant insurance

At Surex, we’re dedicated to helping you find the right insurance for the best price. We do all the heavy lifting for you, so you can be sure you’re getting the lowest possible rate. Check out how we’ve helped these NWT renters save on tenant insurance.

Customer

City

Type

Average Quote

Purchased Quote 

Savings

Tenant Insurance in Northwest Territories

Tenant insurance in Northwest Territories (also called renters’ insurance) is meant for people who rent the place where they live, whether home, condo, or apartment. It provides coverage against common risks like theft, fire damage, and personal injury that occurs on the property.

Insurance is necessary because a landlord’s home insurance policy won’t cover these perils on behalf of the renter. You want to be covered in case something happens to your home or your belongings.

Tenant insurance is not mandatory at the provincial level, however many property managers won’t lease their units without tenant insurance coverage in place. Renters in Northwest Territories can expect that getting a personal insurance policy quote is a part of renting.

Even if your landlord doesn't make tenant insurance a requirement of the lease, it's still a great idea to purchase it. Here are a few reasons:


Peace of Mind
Tenant insurance offers incredible peace of mind. If you've ever experienced loss or damage of your personal belongings, you likely know how welcome this peace of mind can be.
Without tenant insurance, you'd be entirely on your own as far as repairing or replacing damaged items, which can make an already stressful situation even worse.
You'll find this peace of mind especially helpful if an incident ever leaves your dwelling uninhabitable. As you look for an alternative housing arrangement, renter's insurance will cover the cost of temporary accommodations. Given that hotels and most other short-term arrangements aren't cheap, this can be a massive help.


Affordability
Tenant insurance in British Columbia provides incredible peace of mind for relatively little money. Rates dip as low as $15 per month, which is less than you'd spend on parking for a couple of hours in some parts of Vancouver!
In other words, it's a very small price to pay in exchange for knowing your personal property is protected.


Receive Coverage Out of Your Home, Too
Renter's insurance also typically includes coverage for certain items even when you're outside of your home. Depending on the policy, this may include electronics, bicycles, and other items. Renter's insurance is often much cheaper than dedicated insurance for those particular items.
Keep in mind this coverage typically won't extend to more expensive items like jewelry, which you'd want to insure separately.


Benefit from Legal Liability Insurance Coverage
Even if you don't own anything you're financially incapable of replacing, tenant's insurance offers something very valuable: liability coverage.
If a guest injures themselves at your property and attempts to hold you liable, for example, tenant insurance may shield you from the financial burden.
This is especially important if you frequently have guests over or if you have pets capable of harming someone visiting your home.
 

How It works
How It works

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Why Surex?
Why Surex?

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Advisors
Advisors

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