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Condo

Condo Policy Updates

We’re pleased to provide the following changes to your policy.

If you require further information call 1.833.533.1567 or book an appointment.

Coverage Changes

Premier Benefit

Premier Coverage is only available for eligible customers who meet insurance history and valuation requirements.

Flood Coverage

Provides coverage for direct loss or damage to property caused by the sudden and accidental entry of water resulting from flood into your home.

Group Plans

Provided extra discounts and coverage options for members of specific groups.

Home Business Coverage

Provided coverage for eligible customers who operated a small business from their private residence.

Strata Coverage

Strata Liability Coverage

Provides higher Strata Liability limits for customers who require extra coverage.

Strata Protection Coverage

Protection provided to offset costs assessed to you by your strata corporation for strata deductible payments, or cost of repairs to the strata building and common assets or liability assessments. Can also provide coverage to protect improvements you or previous owners may have made to your unit.

Deductible Changes

Policy Deductible Changes

The Policy Deductible is the amount which must be paid in the event of a claim, before insurance coverage is provided. Choosing a higher Policy Deductible decreases your premium.

Milestone Reward Deductible

Provides a reduced policy deductible for eligible Members, as a reward for continuous insurance and claims free history.

Flexible Water Deductible

Provides the ability to increase or decrease a policy's Water Deductible for eligible water claims. Choosing a higher deductible results in a reduction in premium.

Personal Property Changes

Property with Special Limits

Certain items of personal property have special limits on how much you can claim.

Sporting Equipment - Increased Limits

Provided higher coverage limits for customers who required increased limits specifically for golf equipment and carts.

Garden Tractors - Increased Limits

Provided higher coverage limits for for customers who required increased limits specifically for garden tractors which met eligibility criteria.

Personal Property Extension

Customers who require coverage and are living at a different location while their primary residence is under construction.