Category: Condo Insurance

Understanding Repair & Maintenance Responsibilities In Your Condo Building

Although repair and maintenance responsibilities often differ from building to building, some basics remain consistent in standard condo buildings. You pay strata fees for a reason, and it’s important to know what’s included in your strata coverage. We answered some frequently asked questions regarding repair and maintenance responsibilities in condo buildings. Standard Coverage Included In […]

Does Your Home Or Condo Insurance Have Water Sewer Backup Coverage?

With the winter season in full force, rain and snow are a part of the seasonal forecast. This means more water must be safely directed away from our homes and streets through our perimeter drains and sewers. Most home and condo owners have home insurance policies with coverage for some water damage that may occur. […]

Condo Insurance Coverage For Excess Water Damage Deductibles

You may have your own personal condo insurance for your condo unit, and your condo building may even have its separate insurance for the rest of the complex too, but did you know that you could still be on the hook for thousands of dollars in the case of extreme excess water damage from your […]

BC Condo Insurance News Of “Crisis” And Increases: What To Know

Likely, you’ve already heard about what’s happening in BC’s condo insurance market. There’s been a lot in the news lately due to some cases of substantial increases in condo building insurance premiums, and some call it a “crisis”. This post will try to explain the fuss and if you should or shouldn’t be concerned. Condo […]

What Is “Proof of Ownership” For Insurance Claims?

Whether you’re a renter with tenant insurance or an owner with home/condo insurance, part of your insurance coverage is meant to protect your personal belongings like furniture, clothes, electronics, art, and jewelry in case any get stolen or damaged. However, just because you own the items doesn’t mean they are all thoroughly covered. This article will […]

Climate Change Is Affecting The Cost Of Insurance. Here’s Why.

We’ve all heard about “global warming” and the climate risks that come with it, but what does that have to do with insurance? A lot! Insurance companies and those who purchase insurance are trying to mitigate risk as much as possible, and as risks increase, so do the costs that go with managing those increased […]

Save Money (& Time) on Home Insurance with Today’s Online Shopping Tools

Home insurance policies have been present in North America since the mid-1900s, but much has changed. Technology advancements have given consumers an extra edge in price shopping to get the best insurance rate possible. Home insurance can have high costs, but logically so, homes are usually the most expensive asset most of us will ever […]

Over-Sharing On Social Media: 5 Common Mistakes

Social media is everywhere these days, from Facebook to LinkedIn, from Instagram to Snapchat, and more – social media is everywhere, and so is sharing on social media. However, sometimes people (accidentally) over-share on social media, which can have DRASTIC negative effects on one’s life, from personal security to increased insurance costs. Read on to […]

Condo Insurance is Different Than Home Insurance. Find Out Why!

Whether you own a home or a condo, you will require insurance. Although there are some similarities between condo and house insurance, there are also a few key differences. Read on to learn more about how condo insurance compares to home insurance and what to look for when shopping for the best coverage package. Similar […]