Rental Home Insurance

It is important to protect our investments from risks including fire and theft. We can help you ensure your rental home is properly covered.




There are various packages to choose from when purchasing rental home insurance. Our insurance brokers can help determine which package best fits your needs.




There is a five-step process to buying rental home insurance, which your broker will guide you through:



  • Complete the dwelling evaluation worksheet for your dwelling to calculate the reconstruction cost.

  • Galon will find competitive quotes from insurance companies.

  • With your broker, you will choose your package and deductible.

  • Sign the application form.

  • Choose your payment option. Payment can be made in full or premium financing is available with our pre-authorized monthly payment plan.


There are many different package policies available. The packages may include:



  • Personal liability insurance to a maximum limit, in case you are found legally at fault for injury to another person or damage to their property.

  • Protection of your rented dwelling
    - All Risk Coverage
    - Named Perils

  • Protection for your belongings in your rented dwelling:
    - All Risk Coverage
    - Named Perils

  • Rental Income Protection

  • Improvements and Betterments, Contingent Coverage and Loss Assessment Coverage for Rented Condominiums.


Additional options can include:



  • Replacement Cost

  • Sewer backup coverage

  • Voluntary fire fighting coverage

  • Vandalism Coverage (Tenant vandalism is excluded)


There are also opportunities for many premium discounts. Your broker at Galon Insurance will ensure all eligible discounts are applied to your premium.


Galon Insurance Brokers works with the following insurance companies to find the best quote and coverage for you:






         SGI Canada




Sasaktchewan Mutual Insurance            Wawanesa






Aviva Miscellaneous Wordings
Aviva Rented Dwelling - Comprehensive - 2013
Aviva Rented Dwelling - Fire & EC - 2020
Intact - Broad Form Rental Home Wording
Intact - Named Perils Form Rental Home Wording
Intact - Vandalism and Malicious Acts – Damage by Occupants Sub-Limit
Northbridge - 2020 Wordings
Northbridge - Enhanced Water Damage
SGI SK - General Dwelling Protector Wording Booklet March 2021
SGI SK - Special Coverages Wording Booklet March 2021
Wawanesa - Revenue Property Wording - April 1, 2021
SMI Habitational Combined Wordings Nov 2020
SGI - Alberta GDP March 2021
SGI - Alberta Special March 2021
Intact Rented Dwelling Broad Form Policy Wordings
Intact Rented Dwelling Named Perils Policy Wordings
Peace Hills Wording
Red River Combined PL Wordings Sept 2021