Investment Property Types We Insure in Montreal
Each property type carries a different risk profile. We structure your policy to match how you actually use it.
Long-Term Residential Rental Properties
Insurance for single-family homes, condos, duplexes, and triplexes rented to long-term tenants in Quebec. Coverage typically includes building protection, landlord liability, rental income loss, tenant-caused damage, sewer backup, and water damage protection.
Short-Term Rental and Airbnb Properties
Standard landlord insurance usually excludes Airbnb and VRBO rentals. Special short-term rental property insurance helps protect you from risks when you rent out your place. It can cover guest liability. It can also cover damage to a furnished unit and other rental-related risks. It can also help you meet Quebec CITQ rules. Not every Quebec insurer offers short-term rental coverage.
Fix-and-Flip and Vacant Renovation Properties
Vacant properties under renovation face higher risks like theft, vandalism, frozen pipes, and fire. Builder’s risk and vacant property insurance help protect your investment during renovations and resale preparation. Most standard policies trigger a vacancy exclusion after 30 days. Without a vacancy endorsement or builder’s risk policy, your investment is exposed to vandalism, theft and undetected damage
Mixed-Use and Multi-Unit Investment Properties
Buildings with residential and commercial tenants need commercial property insurance. It should include higher liability limits, rental income protection, and equipment breakdown coverage. This covers systems like HVAC and boilers. They require commercial property insurance with the right CGL limits, equipment breakdown, and rental income protection.
Condo Investment Properties
If you own a condo and rent it out, your unit policy must integrate with the syndicate's master policy. Rental condo insurance covers unit upgrades, tenant liability, lost rental income, and loss assessments, integrating seamlessly with the condo syndicate’s master policy. We structure your condo investment coverage to close any potential gaps.
Vacation and Secondary Rental Properties
Cottages, chalets, and vacation rentals in the Laurentians, Eastern Townships, or Mont-Tremblant have seasonal risks. Frozen pipes can easily occur during winter vacancies. Seasonal rental insurance covers these vacant periods, water damage, detached structures, and short-term rental activity.
Out-of-Province and Non-Resident Investor Coverage
We help Canadian and international investors insure Montreal rental properties with remote policy management, liability extensions, and specialized coverage for non-resident property owners. We work with Quebec insurers and specialty markets that accept non-resident owners. We handle paperwork, document delivery, and policy management remotely.
Protect Your Investment Property: Built for Montreal Real Estate Investors
Your investment property is not just a building — it is a revenue-generating asset. The insurance protecting your primary residence is not designed for rental income. It doesn’t cover rental property risks like tenant liability, Airbnb activity, or vacant renovation periods.
The moment a property starts generating income, your risk profile changes. At Qubit Insurance, we help Montreal property investors protect:
- Rental income
- Liability exposure
- Multi-unit buildings
- Airbnb properties
- Vacant renovation projects
- Condo investment units
- Mixed-use properties
- Seasonal and vacation rentals
As an independent AMF-licensed brokerage, we compare quotes from over 20 Quebec insurers.
Real Risks Montreal Property Investors Face
1
Water Damage in Older Buildings
Vacant properties during Montreal winters are highly vulnerable to burst pipes and catastrophic water damage. For investment property with basement or ground-floor units, these riders are non-negotiable.
2
Vacancy Exposure Between Tenants
Most standard landlord policies reduce or exclude coverage after 30 days of vacancy. We help investors avoid hidden exclusions before claims happen.
3
Tenant-Caused Damage and Subrogation
If a tenant accidentally causes a fire or flood, the cost falls back on your investment property policy. Requiring tenants to carry $2,000,000 in liability coverage in every lease is the simplest defence.
4
Underinsurance from Replacement Cost Errors
In older Montreal neighbourhoods, the cost to rebuild a property often exceeds its market value by 30% to 50%. Many investors insure based on market value instead of rebuilding cost, leaving major financial gaps after total losses.
5
Co-Insurance Penalty Clauses
Some policies include co-insurance clauses that can reduce your claim payout if the property is insured for less than a set percentage of its replacement value.
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Why Choose Qubit Insurance?
Because we've been insurance customers too, we understand the pain points and focus on what truly matters most.
Exceptional Service
Claims Support
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Frequently Asked Questions
Got questions about coverage, payments, or claims? Find clear answers here, or reach out to us directly.
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Why Montreal Landlords Choose Qubit Insurance
Specialized Investment Property Expertise
We work with landlords, Airbnb hosts, multi-unit investors, and fix-and-flip property owners.
We Compare 20+ Quebec Insurers
Intact, Desjardins, Promutuel, Economical, Wawanesa, L’Unique, Lloyd’s, and specialty markets.
Clear Policy Guidance
We review vacancy clauses, water damage limits, and liability coverage before recommending a policy.
Claims Support
Our team helps you through the claims process with direct insurer communication and bilingual support.
AMF-Licensed Brokerage
As a Quebec AMF-licensed broker, we provide independent advice tailored to your property and investment goals.
Annual Coverage Reviews
We review your portfolio before renewal to adjust coverage as your properties, tenants, or rental strategy change.
Easy Remote Service
Get quotes, policy documents, and claims support by phone, email, text, or WhatsApp — no office visit required.
Frequently Asked Questions
What is the difference between investment property insurance and homeowner’s insurance?
Homeowner insurance is designed for owner-occupied homes. Landlord insurance protects rental income, tenant-related liability, and investment property risks.
Do I need investment property insurance if I only rent out a basement suite?
Yes. Once rental income is generated, your insurer must be informed and proper landlord coverage is required.
How much does investment property insurance cost in Montreal?
Based on 2026 Quebec insurer data, single-family or condo investment property typically costs $1,300 to $2,500 per year. Duplex and triplex coverage runs $2,000 to $4,000. Larger multi-unit properties cost $3,000 to $6,000.
Does investment property insurance cover Airbnb and short-term rentals?
Not automatically. Most insurers require specific short-term rental endorsements or standalone Airbnb coverage.
What happens to my coverage if my investment property is vacant for a while?
Many policies restrict or reduce coverage after 30 days of vacancy unless vacancy coverage is added.
Can I insure multiple investment properties under one policy?
Yes. Some insurers offer portfolio or blanket policies covering multiple investment properties under one contract.
I live outside Quebec but own an investment property in Montreal. Can you help me?
Yes. We work with non-resident Canadian and international investors. Several Quebec insurers and specialty markets accept non-resident owners.
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438 Rue Isabey Suite 210, Saint-Laurent, Quebec H4T 1V3 1155 Rue Metcalfe Suite 1500, Montreal, Quebec H3B 2V6
438 Rue Isabey Suite 210, Saint-Laurent, Quebec H4T 1V3 1155 Rue Metcalfe Suite 1500, Montreal, Quebec H3B 2V6
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