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While your condo building is protected by the condominium corporation, there are aspects of the coverage that are lacking. Some damages are not part of the corporation’s policy. For example, flood damage, break-ins, and an injury occurrence in your unit can all leave you unprotected by the condominium corporation insurance. Additionally, customers also assume the cost for vandalism and smoke damage These costs can quickly mount, covering legal liabilities, repairs, and relocation. With this in mind, condo insurance is essential for condo owners and is the perfect accompaniment for coverage provided by the condominium corporation. Condo insurance covers your personal property and the interior of the unit. Liability protection is a benefit that covers bodily injury and property damage to third parties. North Shore Insurance Brokers helps you compare condo insurance quote across a breadth of Canada’s leading insurance providers.
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