Condo insurance is coverage that can be invaluable if you’re a condo owner facing unexpected expenses.

The insurance provided by your condo corporation (also known as a strata corporation, condo association or syndicate of co-owners) will generally cover the main structure and common areas, but some items are considered your responsibility. When it comes to things like unit improvements, loss assessments, and belongings, your building’s coverage is unlikely to apply. Having condo insurance allows you to cover important stuff inside your actual unit. Our Global Amount Coverage is designed to fill these gaps. We’ll work with you to determine an appropriate limit for your belongings and then provide 10x that amount of coverage as a single limit, covering unit improvements, loss assessments, as well as additional living expenses.