Compare Condo Insurance Quotes
Get personalized quotes from the top condo insurance providers in Canada.
Protect your condo from unexpected damages and theft with condo insurance. Enter in a few details about your condo and condo unit (such as age of the building, construction materials). You’ll get a free quote back in just minutes.
If this is your first time getting condo insurance, let’s answer some of the most frequently asked questions you may have.
Condo insurance is not officially mandatory, nor is it a legal requirement when owning a condo. However, your condo building or your mortgage provider may have it as a requirement. Some people mistakenly believe that the building’s insurance will cover your condo unit. This is not the case. You will need your own separate condo insurance to be covered in case of emergencies.
Condo insurance is relatively cheap. The average cost of condo insurance is around $40/month. This can increase based on higher levels of risk and insurable assets.
Damages caused intentionally from you, or natural wear and tear from age and usage will not be covered in most plans. Also, damages caused by pests and rodents will generally not be covered.
Credit checks are not a mandatory step in issuing you with condo insurance. However, many insurance providers will run a credit check as there is a higher chance that you’ll make a claim if you have a poorer credit history. On the other hand, if you have a strong credit score, you may receive a larger discount.
Ready to start your free condo insurance quote? Click the link below, enter in a few details about your condo, and you’ll get a quote in under 5 minutes, free.