How-to Guide to Getting a Condo Insurance Quote 100% Online

Whether you already own and live in a condo or are in the process of buying one, this digital experience is designed to be fast, intuitive and reassuring.

Here’s how to be prepared and complete your quote like a pro.

How to complete your condo quote online

To get a personalized premium estimate, you should have certain information on hand:

Essential documents

• Your declaration of co-ownership (or syndicate information)
• Your current insurance policy (if you have one)
• Information about your condo
• The type of heating system and energy source
• Whether or not there is a space heater
• Details about your unit
• The value to be insured
• The value of your belongings
• The value of any improvements you have made (private portion)

What are the steps for requesting a quote online?

The quote form is designed to be straightforward and easy. Here are the main steps:

1. Check your eligibility

This product is available only to residents of Quebec.

2. Indicate your status

You must be an owner-occupant of the condo.

3. Identify the type of property

• Condominium building
• Divided co-ownership unit

4. Information about the syndicate of co-owners

You’ll need to know if there is a syndicate of co-owners.

If you’re not sure, you can select “I don’t know,” but this may make the estimate less accurate.

5. Address verification

An automatic check confirms the information on your building.

6. Information about the co-ownership

• Number of units in the building
• Date of purchase and ownership
• Heating method and energy source
• Whether or not there is a space heater

7. Value of your belongings

You must indicate the insured value of your belongings (typical range: $25,000 to $250,000).

8. Your profile

• Personal information
• Marital and employment status
• Products you already hold with iA, such as an RRSP, TFSA or FHSA

Coverage included in your condominium insurance policy

Your condo insurance provides comprehensive coverage designed to protect your unit and your liability.

All-risk coverage

This covers most types of accidental damage, in case, for example:

• You spill coffee on an electronic device
• Your pet knocks something over and breaks it

Civil liability

• Default amount: $2 million
• Coverage included and mandatory
• Unchangeable in certain cases (e.g., buildings with 13 or more units)

This coverage protects you if you unintentionally cause damage to someone else.

Personal property

Coverage for your personal belongings based on the declared value.

Improvements and betterments

Covers improvements made to your unit compared to the standard unit (e.g., renovated kitchen, flooring, etc.).

Water damage

Two types of coverage are included, if you are eligible:

• Above-ground water
• Groundwater and sewer

Living expenses

In the event of a claim, this covers expenses for temporary accommodation.

Other automatic coverages

• Theft and vandalism
• Storm and hail

Why get a quote online?

Available 24/7
Quick and easy
Straightforward and intuitive
Support throughout the process from Mia
Recommendations and automatic verification
Quotes in just a few minutes

Ready to get started?

Request a quote online now to get an estimate for your condo insurance.