Is Renters Insurance Worth It? Exploring Budget Options

Posted by Liberty_Village_Life • December 3, 2025 • 6 comments

As a first-time renter in Toronto, I'm weighing the costs of renters insurance. Do I actually need it, and what are the cheapest options? I've heard some landlords require it, but I'd love to know what it typically covers and any claims experiences. Is it worth the money in the long run?