Is Renters Insurance Worth It for Downsizing to a Condo?

Posted by max_star_797818 • April 2, 2026 • 11 comments

As an empty nester planning to downsize to a condo in Toronto, I'm curious about renters insurance. Is it worth the money, or can I find cheaper options? What does renters insurance actually cover, and do landlords typically require it? I'd also love to hear about any claims experiences.