Find the best landlord insurance rates for your rental property

KBD is a landlord insurance broker in Canada with over 40 years of experience.

We offer building insurance for commercial and residential rental properties located in the provinces of Quebec & Ontario.

Comparing rates from Canada’s leading landlord insurance companies
We provide rental property insurance coverage for
Short-term & long-term rental insurance
Commercial buildings
Residential buildings

Speak with the same expert every time you call

Your own dedicated representative.

If you are looking for peace of mind and to save time – you need someone who knows how to handle your affairs. KBD provides each customer with the same dedicated commercial insurance expert to handle all your insurance needs.

Our clients say it best

More than 600 5-star reviews on
Leah N.
“Great service, very easy and well explained procedures and information needed for insurance. Jordan was great to work with, and had excellent communication skills. 10/10 recommend.”
Shawn B.
“Greg is always making sure all my insurance needs are covered. Excellent service and very responsive.. thanks again!”
Nathan T.
“My first time ever getting insurance for a car and it was super simple. I spoke to Erika who was super nice and answered all my questions, and provided everything I needed!”
Brian B.
“Great experience. As a new to Quebec driver who just bought a car I got my insurance processed over the phone in less than 20 minutes. Very efficient, easy to understand and good coverage.”

Get a rental property insurance quote today

Canada landlord insurance FAQs

What insurance does a landlord need in Canada?

We suggest purchasing “all risk” building insurance if you’re a landlord in Canada. “Named perils” insurance policies provide less coverage, which can result in adequate claim settlements. For example, a named perils policy will not cover against water damage.

How much does landlord insurance cost in Canada?

Landlord insurance can cost anywhere between $1,300 and $100k + per year. Your annual building insurance cost depends on the following factors:

  • The total value of your building (s) ?
  • Are your tenants residential or commercial? – tenants like restaurants or bars are higher risk, which will usually result in a higher landlord insurance cost.
  • Claims history – The fewer claims you have, the less you’ll pay in insurance.
  • Building construction – fire resistive buildings are less likely to burn down, therefore their insurance cost is lower.
  • Your building location – stand-alone buildings generally pay less for insurance than buildings in congested areas of Montreal.

Why should a landlord require renters insurance for the tenants?

Most landlord claims are caused by tenants; if they carry their own liability insurance, you can pass the claim onto the renter, which will avoid your annual premium from increasing.

How do I get a building insurance quote in Canada?

You can receive a quote for your building online or by contacting an insurance company directly. Online insurance quotes are faster to complete, but we always suggest having a professional set of eyes review everything before switching insurance companies. Most customers at KBD start by filling out an online quote and have it finalized over the phone with one of our brokers.

How to find the best building insurance for my rental property?

Shopping around and informing yourself is the best way to save money on your landlord insurance. Research landlord insurance companies in Canada like Desjardins or Sonnet, and speak to a business insurance broker like KBD.

How does a commercial insurance broker help get cheap landlord insurance quotes?

One call to us means quotes from multiple insurance companies. Most of our landlord clients are insured with Intact or Lloyd’s.

What does landlord insurance cover?

Landlord insurance works almost exactly like a home insurance policy, and it covers you for the following perils:

  • Fire/lightning
  • Wind/hail
  • Smoke
  • Fire
  • Theft
  • Vandalism
  • Water
  • Earthquake

The one main difference between a building insurance policy and a homeowners policy is that you’ll need “rental income” protection, which covers the lost rent in the event of a claim.

Does KBD offer “short-term” rental insurance for Canadian landlords?

Yes. If you rent out your building through Airbnb or another short-term rental platform, we can provide you with a policy. Not every building insurance company in Canada provides this service, so it’s important to make sure you pick the right company.

How much renters insurance should a landlord require in Canada?

We suggest requiring your renters to carry $2 million in Liability Insurance. The annual cost for a tenant policy with this amount is between $100-150.

How do I lower the cost of my landlord insurance policy?

  • Increase your deductible.
  • Avoid making small claims.
  • Keep up to date with renovations.
  • Make sure your tenants carry their own Liability Insurance.

Does KBD offer landlord insurance quotes online?

Yes. Building insurance quotes generally take 3-4 minutes to complete.

What insurance does a landlord need in Canada?

We suggest purchasing “all risk” building insurance if you’re a landlord in Canada. “Named perils” insurance policies provide less coverage, which can result in adequate claim settlements. For example, a named perils policy will not cover against water damage.

What does landlord insurance cover?

Landlord insurance works almost exactly like a home insurance policy, and it covers you for the following perils:

  • Fire/lightning
  • Wind/hail
  • Smoke
  • Fire
  • Theft
  • Vandalism
  • Water
  • Earthquake

The one main difference between a building insurance policy and a homeowners policy is that you’ll need “rental income” protection, which covers the lost rent in the event of a claim.

How much does landlord insurance cost in Canada?

Landlord insurance can cost anywhere between $1,300 and $100k + per year. Your annual building insurance cost depends on the following factors:

  • The total value of your building (s) ?
  • Are your tenants residential or commercial? – tenants like restaurants or bars are higher risk, which will usually result in a higher landlord insurance cost.
  • Claims history – The fewer claims you have, the less you’ll pay in insurance.
  • Building construction – fire resistive buildings are less likely to burn down, therefore their insurance cost is lower.
  • Your building location – stand-alone buildings generally pay less for insurance than buildings in congested areas of Montreal.

Does KBD offer “short-term” rental insurance for Canadian landlords?

Yes. If you rent out your building through Airbnb or another short-term rental platform, we can provide you with a policy. Not every building insurance company in Canada provides this service, so it’s important to make sure you pick the right company.

Why should a landlord require renters insurance for the tenants?

Most landlord claims are caused by tenants; if they carry their own liability insurance, you can pass the claim onto the renter, which will avoid your annual premium from increasing.

How much renters insurance should a landlord require in Canada?

We suggest requiring your renters to carry $2 million in Liability Insurance. The annual cost for a tenant policy with this amount is between $100-150.

How do I get a building insurance quote in Canada?

You can receive a quote for your building online or by contacting an insurance company directly. Online insurance quotes are faster to complete, but we always suggest having a professional set of eyes review everything before switching insurance companies. Most customers at KBD start by filling out an online quote and have it finalized over the phone with one of our brokers.

How do I lower the cost of my landlord insurance policy?

  • Increase your deductible.
  • Avoid making small claims.
  • Keep up to date with renovations.
  • Make sure your tenants carry their own Liability Insurance.

How to find the best building insurance for my rental property?

Shopping around and informing yourself is the best way to save money on your landlord insurance. Research landlord insurance companies in Canada like Desjardins or Sonnet, and speak to a business insurance broker like KBD.

Does KBD offer landlord insurance quotes online?

Yes. Building insurance quotes generally take 3-4 minutes to complete.

How does a commercial insurance broker help get cheap landlord insurance quotes?

One call to us means quotes from multiple insurance companies. Most of our landlord clients are insured with Intact or Lloyd’s.