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Condo Insurance

Condo insurance that fills the gap your syndicate leaves.

Your co-ownership pays for the building. Your policy pays for everything inside your unit, your liability, and the syndicate deductible if you are held responsible. Quote online, or talk to a broker.

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A real quote, without the phone tag.

Condo coverage in Quebec sits between your unit and the syndicate’s master policy, and getting it right means understanding both. You can quote a standard condo online in minutes, or sit down with a licensed broker if your unit has upgrades, a rental component, or a complicated syndicate declaration.

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What it covers

What your policy covers (and what your syndicate covers).

The syndicate insures the building shell. Your unit-owner policy fills the three gaps that matter most, the ones most condo owners only discover when something goes wrong.

Your unit improvements

Hardwood floors, the kitchen you renovated, custom built-ins, upgraded counters. The syndicate’s policy covers the original “developer-standard” unit. Everything you improved after that is on you to insure.

Your contents and liability

Your furniture, electronics, and personal belongings, plus your liability if a leak from your unit damages a neighbour’s place or someone is injured inside yours. Standard syndicate policies cover none of this.

Special assessments coverage

When a major building loss exceeds the syndicate’s policy limits, co-owners can be billed thousands in a special assessment. This coverage pays your share, up to the limit you choose, so a roof or elevator claim does not become a personal bill.

How it works in Quebec

Two policies, one building, one clean handoff.

Quebec condo insurance has two halves. The syndicate of co-owners carries a master policy on the building, the common areas, and the developer-standard finish of each unit. As a co-owner, you carry your own policy on everything inside your unit beyond that baseline, plus your personal liability and contents.

Where it gets sharp is the syndicate’s deductible. If a leak starts in your unit and the master policy responds, the syndicate can recoup its deductible from you, sometimes $25,000 or more under recent Quebec reforms. A properly built co-owner policy includes loss assessment and unit-owner liability coverage so that bill does not land on you personally.

We read the syndicate’s declaration, identify the exact split, and place a co-owner policy that lines up with it. No double coverage, no gaps, no surprises at claim time.

Who it is for

If you own a unit in a co-owned building, this is for you.

Condo insurance covers anyone with title to a unit inside a syndicate of co-owners. Typical situations we cover:

  • Condo owners living in their unit as their primary residence
  • Co-owners in plateau, downtown, and South Shore divided co-ownerships
  • Owners who rent their unit to a long-term tenant
  • Owners of high-rise condos, townhouse condos, and converted-loft units
  • New owners taking over a unit from a previous co-owner
FAQ

Condo insurance, answered.

The questions Quebec condo owners ask us most. Still unsure? A licensed broker replies the same business day.

What is the difference between my insurance and the syndicate’s?
The syndicate of co-owners insures the building and the common areas, plus the developer-standard finish of each unit (basic floors, walls, fixtures). Your personal policy covers everything you have added or upgraded inside your unit, your contents, your personal liability, and the syndicate’s deductible if you are held responsible for a loss.
What is a special assessment and why do I need coverage for it?
If the syndicate suffers a major loss that exceeds its policy limits, or has to pay a large deductible, it can bill each co-owner their proportional share. These special assessments can run into the tens of thousands. Loss assessment coverage on your personal policy pays this bill, up to the limit you choose, so a single building-wide claim does not become a personal one.
How much condo insurance do I need?
It depends on the value of your unit’s improvements and contents, the syndicate’s deductible (which under recent Quebec rules can be $25,000 or more), and your liability exposure. We review your syndicate declaration with you and recommend specific limits for contents, improvements, liability, and loss assessment.
Does it cover renovations to my unit?
Yes, unit improvements and betterments are a core part of a co-owner policy, that is how you protect the kitchen, floors, and built-ins you have invested in. If you are planning a major renovation, let us know in advance so we can confirm coverage during the work, especially if the unit will be vacant or contractors are on site.

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