Real Estate Agents
Terri Scheer - Property owners

Loss of Rent

We'll make sure you still have income from your property to meet your expenses.

Our policy will pay for loss of rent caused by:

  • Premises being left untenantable due to malicious damage to the building and contents for up to 52 weeks
  • Absconding tenants for up to 6 weeks rent
  • Defaulting payments resulting in eviction of your tenant by a Court Order for up to 15 weeks rent
  • Prevention of Access for up to 52 weeks rent
  • Failure to give vacant possession for up to 28 weeks
  • Death of a tenant under a sole tenancy for up to 15 weeks rent
  • Tenant Hardship (when a Court awards your tenant a release from their lease obligation due to hardship) for up to 4 weeks rent

Legal expenses - up to $5000

Representation costs - up to $500

Replacement of Locks - $250

N.B. Weekly rent is subject to a maximum amount of $1,000 unless previously agreed.