Condominium Insurance

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Condominium Insurance

Condominium and strata unit owners have special insurance needs. They will require coverage for their personal property and contents of their unit. This policy protects the insured against any gaps in the strata insurance policy.

In the event of a total loss, your Strata Insurance policy would provide the coverage to rebuild your condo building EXACTLY as it was before, however any betterments or improvements you or any previous owner have done would be covered under your own Condominium policy.

Special coverages that are included with this type of policy are:

  • Condominium Deductible Assessment: Coverage is provided for you if your strata corporation makes an assessment for part of their deductible.
  • Condominium Unit Owners Loss Assessment Coverage: Provides coverage for a unit owner’s share of a special assessment levied by the Strata Corporation for direct loss or damage to condominium property collectively owned by the unit owners.
  • Condominium Unit Owners Additional Protection: Provides coverage for your unit within the strata corporation, excluding your improvements, in the event that the Strata corporation has either no insurance or its insurance is inadequate or is not effective.

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Our Clients Say

Insurance customer 1

They are very helpful and they made sure that I got the best rate for my money. It was quick, easy, I was in and out the door. Everything went as expected.

Insurance customer -
from ReponseTek survey

testimonial 2

They are very experienced in what they do they are very knowledgable.

Insurance customer -
from ReponseTek survey

testimonial 3

She seemed to be well-informed. This is a family business that we've gone to for many years. They've always treated us very well. Their staff seems to be well-trained in procedures.

Insurance customer -
from ReponseTek survey

testimonial 4

They did the comparison to both of my vehicles for the supplementary insurance, and let me know the price differences so I could make a decision quickly and easily.

Insurance customer -
from ReponseTek survey

testimonial 5

They're knowledgeable. They ask the right questions and they ensure we have the policies that suit our needs best.

Insurance customer -
from ReponseTek survey

testimonial 6

They went above and beyond my expectations and reduced my insurance costs and that made me very happy.

Insurance customer -
from ReponseTek survey

testimonial 7

They got me a quote and then asked me if I would like to compare it to private insurance, saying it might be cheaper. It was, and it came with more perks, so I went with the ICBC base and then private insurance.

Insurance customer -
from ReponseTek survey

testimonial 8

The broker was very polite she answered all my questions she helped me to make a choice of the best insurance policy for me. I have been going to this office for years and the atmosphere is very nice. They were friendly and helpful and provided prompt service.

Insurance customer -
from ReponseTek survey

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