Why Resident Legal Liability Insurance?

Tricon Residential’s commercial insurance is separate from Resident Legal Liability insurance and only covers Tricon Residential. Resident Legal Liability insurance covers the resident and their belongings in case of a disaster. If you accidentally cause a fire in the home, and are found responsible, you could be accountable for the thousands of dollars of damage. Resident Legal Liability insurance may protect you and your belongings from this risk.

All residents are required to carry renter’s insurance during their residency with Tricon Residential. We partnered with LeaseTrack to provide a comprehensive, low-cost option to manage this insurance requirement. For added convenience, no applications are necessary, and all Tricon Residential residents qualify for coverage that includes $100,000 of Resident Legal Liability insurance and $10,000 of resident personal property at a low cost of $19.95 per month.

To simplify the enrollment process, residents are auto enrolled at lease signing or may choose to purchase coverage from another insurance provider and submit their policy declarations page/certificate of coverage to LeaseTrack for approval.