Home insurance
for condominium owners

Basic insurance includes liability coverage for any damage you may cause to others.

Specified perils coverage for your personal property and unit upgrades covers the insurable perils named in your home insurance policy, such as fire, theft and vandalism.

All-risk coverage does more than just protect your condominium. It also protects its contents (furniture, tools, computer, etc.) against all risks that are not specifically excluded as well as improvements to your condo. Your personal property may be covered even when it is outside your home. It also includes coverage in the event your homeowners association has insufficient or no insurance.

Examples of losses:

• You go on a trip and lose your luggage.
• Your child forgets their gym bag at school with their smartphone inside and when they go back to get it, the bag is gone.

Examples of accidental breakage:

• Your child drops their tablet on the floor and it breaks.
• Your dog destroys your couch.

Several options are available to supplement your basic insurance, including:

• Sewer backup
• Water seepage
• Other coverage options