Strata type properties typically come with their own type of insurance that covers the majority of the building. Usually it covers the exterior of the building, but it's best to review your strata documents to see what is covered and what is not. 

• Deductible Insurance
• Content Insurance
• Renters Insurance

It's important that even though your strata may have insurance coverage, you want to personally be covered. Imagine you are the reason for an insurance claim, such as a fire - you'd likely be liable for paying the strata's deductible, which can be thousands of dollars. 

Another reason to be protected is from when an insurance claim is from a neighboring property. Are you covered if your neighbour upstairs floods your unit and causes water damage? Contact us today to learn more about Condo Insurance.