Start Your Personalized Condominium Insurance Quote
Condominium insurance will help you to replace your personal belonging in the event of a insured loss. Fire, wind damage, lightning strike, theft, & vandalism are just some the perils you can be protected against
Improvements & Betterments
Condominium insurance will help protect your investment in the upgrades and improvements made to your unit. This insurance covers any upgrades to your unit made by you and previous owners of your unit, up to a stated limit. Examples of these improvements include custom hardwood flooring, custom counters, etc.
Condominium insurance will insure your unit itself so that you are protected in the event your condominium corporation’s insurance is insufficient.
Loss Assessment Coverage
This coverage pays your share (up to a stated limit) to cover claims for damage to the common property of for liability claims against the Condominium Corporation due to an incident that occurred on the common property.
Additional Living Expense
Condominium insurance will help you pay for the expense of having to obtain temporary accommodation in the event that you have to be removed from your residence. This includes hotel bills and other expenses associated with being removed from your residence such as restaurant bills and moving expenses.
Insurance will offer protection for claims made against you for damages to persons or property because of your negligence. This would include the cost of defending the law suit made against you.
The type of building your condo is located in can impact the insurance coverage required. See below for the types of condominium buildings covered.
High Rise Apartment
Homeowner Specific Discounts
Age Related Discounts
Fire & Burglar Alarm
Stability of Residence Discount
Identity Theft Protection
Home Based Business
Extension of Liability to other Locations
Increased Limits for unscheduled items such as Jewelry & Fine Arts