Condo Insurance

Protect your condo unit and your belongings from damage.

Condominium insurance is varies and there isn’t a standardized policy, which is why it is best to have the licensed insurance professionals at Jeffery & Spence assist you when purchasing insurance coverage for your condominium.

Condo by-laws can vary greatly from one building to the next, so it is imperative to provide this information to your licensed insurance broker and have them review your by-laws to ensure that you have adequate coverage.

Your broker will also help you better understand what you are responsible for insuring and what the condo corporation will insure.  

Condo Insurance Coverages

Some important condo coverages to consider include:

Contents Coverage

Coverage for your personal belongings.

Improvements and Betterments Coverage

Covers any upgrades made to your unit. Upgrades can be either by you or by any previous unit owner.

Loss Assessment Coverage

Covers any loss or damages to the common elements of your condominium, which can be levied back upon the unit owner by the Condo Board.

Contact the condo experts at Jeffery & Spence today
to discuss your options.