Products Commercial Realty Student Housing

Student Housing

Target

  • Full-time students
  • Residential building used solely for student housing
  • Privately or commercially owned property
  • International college or university programs
  • Rented apartment-style dwellings
  • Furnished or unfurnished accommodations
  • Shared accommodations or individual units
  • Owned condominium units, occupied or rented

**Available for  Ontario Alberta  and British Columbia 

About

As College and University enrolment in Canada continues to increase, so does private student housing. With on-campus resources at capacity, savvy business owners and private individuals are responding to this growing trend. These shorter term rental agreements for younger, first time renters can pose a challenge when seeking insurance solutions for student housing.

Contact
+1 (437) 317-0477
EN:ext. 2071

Coverage

  • Broad form property coverage up to $1,800,000 total insured value
  • Multiple additional coverage options available: flood, sewer backup, earthquake, equipment breakdown and crime
  • Premises liability up to $5,000,000
  • Vandalism / damage by tenants buyback available
  • Minimum premium of $500 for condominium units

Underwriting norms

  • Building of 4 storeys or less
  • No aluminum wiring or knob-and-tube wiring
  • Electrical service of 100 amps or more
  • No cooking in rooms
  • Fraternity and sorority houses are not eligible
  • Part-time students are not eligible