Although they sound similar on the surface, a condo corporation policy and condo owners’ insurance are very different. The key benefit of condo corporation insurance is that damages and any liabilities that have a direct impact on all common areas of the building are covered. If insured perils, such as fire or water leakage, affect all the individual units and the common property, a condo corporation insurance policy will cover any damages caused.
Choosing the Best Condo Corporation Insurance
To obtain premiums, a full assessment of the building is done by our experienced condo corporation insurance broker. The factors to consider include construction, loss history, and other variables that are essential to determine the best insurance policy for your neighbourhood. Typically, the coverage we offer includes insuring the building as well all the common areas. At a minimum, we recommend a full comprehensive policy to ensure all possible risks are covered.
If you’re on a tight budget, our brokers will help you find ways to lower your premiums. Similarly, we can get you discounts, such as claims free, loyalty, and renewal, to help you save money.
Get in touch
Our clients are our partners - and we want to make it as easy as possible for you to reach us in person, by phone, email, or via our online portal. Our 24-hour claims reporting system allows you to file at any time in case of an emergency situation.
We offer condo corporation insurance services in Edmonton, St. Albert, and Sherwood Park.