We understand the unique needs of condo owners in Ontario and are here to provide the coverage you need.

Comprehensive Coverage for Your Condo

Our Condo Insurance solutions deliver security, ensuring your condo and its contents are well-protected. Whether you're embarking on your first condo purchase or are an experienced owner, our team of experts is here to simplify the insurance selection process, offering guidance at every step.

Coverage Highlights

  1. Personal Property Protection

    Shield your most treasured possessions, from jewelry to electronics, with comprehensive coverage. If theft or damage occurs, items are replaced for worry-free living.

  2. Liability Coverage

    This essential protection ensures you're financially secure if an accident occurs in your condo. Medical and legal expenses are covered if someone is injured on your property, providing peace of mind for you and your guests.

  3. Additional Living Expenses

    In the face of unexpected disasters, like fire or flooding, this coverage ensures you have a comfortable place to stay. It covers temporary accommodation, dining, and other expenses while restoring your condo.

  4. Loss Assessment Coverage

    Condo associations may levy assessments to cover shared property damage or legal expenses—our coverage steps in, saving you from unexpected financial burdens. You can maintain your budget and peace of mind.

  5. Special Coverage for Upgrades

    Your condo is uniquely yours, and any improvements you've made are necessary. Our tailored coverage protects these enhancements, from custom cabinets to upgraded appliances. Your investment is secure, and you can continue enjoying your upgraded living space.

Beyond Condo Insurance

Our Condo Insurance extends beyond mere coverage; it's a commitment to trust and security. We're not just your insurance provider but your dedicated partner in safeguarding your condominium.

At PetleyHare, we protect your condo and ensure your complete satisfaction. Contact us today for a personalized Condo Insurance plan that perfectly aligns with your unique needs. Your paradise deserves the best protection.

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Ontario Condo Insurance FAQs

Have questions about condo insurance? You’re not alone! That’s why we’ve compiled a list of questions to help you better understand all the ins and outs.

What does condo insurance cover?

Condo insurance typically covers personal property, liability, improvements made to the unit, loss assessment for shared areas, and additional living expenses if your unit becomes uninhabitable.

Is condo insurance mandatory in Ontario?

While not legally required, condo insurance is often mandated by condo associations. It fills the gaps left by the building’s master policy and protects your personal belongings, upgrades, and liability.

How much does condo insurance cost in Ontario?

The cost varies based on location, deductible, coverage limits, and optional add-ons. On average, premiums range from $20 to $50 per month.

Do I need condo insurance if my condo has a master policy?

Yes. The master policy typically only covers the standard condo units and common elements of the building. Your own policy is necessary to protect your belongings, liability, and any additional improvements over and above the standard unit.

How much condo insurance do I need?

It depends on the value of your belongings and any upgrades you’ve made. Our brokers help you assess your needs and choose the right level of protection.

Can I save on condo insurance?

Absolutely. Bundle your condo insurance with auto or other policies for a discount. Installing smoke detectors, alarms, or a monitored security system may also help lower your premiums.

What should I do if I need to file a claim?

Contact us right away. We’ll walk you through the process from start to finish and act as your advocate to ensure a smooth resolution.

What's the difference between condo insurance and home insurance?

Condo insurance is designed for shared buildings and focuses on your unit’s interior, personal property, and liability. Home insurance covers an entire house and the land it’s on, which is ideal for detached homeowners.

Condo Insurance Insights