CONDO INSURANCE IN ALBERTA
Unlike home insurance, you have more than one policy to consider when purchasing condo insurance for your unit.
The Condominium Association or Corporation will have one policy that covers the building itself, but your personal assets are not covered by this master policy. An individual condominium policy is necessary to cover your personal belongings, upgrades made to your unit, and other unexpected circumstances.
Protecting your belongings isn’t the only reason to choose condo insurance, however. Personal liability protection is included in all personal condo insurance policies. The risk of accidental damage is increased by the simple fact that your neighbours live so close together. For example, if you live in a top-floor unit and your sink overflows, resulting in damage to a neighbour’s ceiling and carpet, your property insurance will pay for repairs or replacement. Don’t forget personal liability protection, which is in your condo policy and covers you anywhere in the world.
Save on your Condo insurance with the help of our brokers
What’s Included in Condo Insurance?
Condo insurance provides coverage for a condominium unit owner’s personal property and liability, as well as any improvements or alterations made to the unit. Here are some of the key coverages that may be included in a typical condo insurance policy:
Personal Property Coverage
This coverage protects your personal belongings inside your condo unit, such as furniture, clothing, electronics, and other valuables, in case they are stolen, damaged, or destroyed by a covered peril such as fire, theft, or vandalism.
Liability Coverage
This coverage provides protection against lawsuits and legal claims in case you are found responsible for causing damage to someone else’s property or if someone is injured while on your property. Liability coverage can also help cover legal fees and court costs if you are sued.
Loss of Use Coverage
This coverage can help cover additional living expenses if you are unable to live in your condo due to damage or destruction caused by a covered peril.
Third-party Liability
If someone sustains injuries or property damage within your condo unit, this insurance will cover the associated expenses. Furthermore, if someone initiates legal proceedings against you for damages caused on your property, this insurance will provide coverage for the costs.
Theft
Even with a building security system in place, it is still advisable to consider purchasing theft insurance. Having this coverage can provide you with peace of mind, knowing that in the event of a break-in, you will have the financial means to repair or replace any stolen or damaged property in your condo.
Why Alpine Insurance?
When you choose Alpine, you’re choosing a team of practiced, accredited, and ethical insurance brokers in Alberta.
The details of your condo insurance policy can be substantial and complex. We take the time to answer your questions and help you understand what your policy entails for a truly personalized experience.
With a large network of condo insurance providers, we can find the right coverage at the best price for what you need. Alpine Insurance is Alberta’s leading insurance brokers that have your best interest at heart and are on your team to protect your livelihood.
Edmonton Condo Insurance
If you’re a condo owner in Edmonton, you have many personal insurance providers to select from, and an extremely long list of policy and coverage choices that can leave you confused.
Choosing the best condo insurance coverage is often a lengthy and complicated process, but with the right tools and experienced experts by your side, you can easily make the right choice.
Alpine brokers have extensive experience and the necessary connections in the insurance industry. An Alpine broker will assess your situation and make it simple to find the plan that works best for you, so that you’re confident of your investment and your financial future.
Alpine Insurance proudly serve Edmonton, Sherwood Park, St. Albert, Fort Saskatchewan, Spruce Grove, Leduc, Nisku and surrounding communities.
Lethbridge Condo Insurance
At Alpine Insurance, our brokers are trained and licensed veterans who know the Lethbridge insurance industry well. Most of our brokers have over 10 years of experience in reviewing insurance policies. Our brokers save you countless hours of research, stress, and money. By contacting on of our professionals today, we will review your current condo master policy and discuss exactly how you want your personal coverage to measure up.
Complete the Alberta Condo Protection Form to begin your consultation with an Alpine Insurance broker. After reviewing your policy and expectations, they’ll offer you the right choices for the appropriate condo insurance policies.
With the expertise of our brokers you can save yourself a lot of time and money, and at the end of the day be confident that your coverage is the best choice for you.
Alpine Insurance serves Lethbridge, Fort MacLeod, Taber, Coaldale, Picture Butte, Magrath, Pincher Creek, Cardston, Claresholm and surrounding communities.
Calgary Condo Insurance
In Calgary, there are a lot of personal condo insurance policies to choose from. The experience to sort through a few policies to find coverage that is suitable for your needs is often overwhelming and time-consuming.
Coordinating Personal and Master Coverage
Where do you stand in terms of your condominium coverage? The answer can be complicated. But, you can save time and make a wise financial investment by letting Alpine find the right answers for you.
By carefully reviewing your condo’s master policy, we can find a personal coverage plan for you. There’s a lot of options; we cut through the fine print and ensure you’ve invested your money in an insurance policy that’ll give you a great deal of financial security.
At Alpine Insurance, our highly trained and experienced brokers are equipped to help you find the policy and coverage that works for you with minimal hassle.
Alpine proudly serves the City of Calgary, Airdrie, Cochrane, Chestermere, Strathmore, Langdon, Okotoks, High River, and surrounding areas.
Canmore Condo Insurance
As a responsible condo owner, it’s important to be aware of the extent of your personal insurance coverage.
In Canada, it’s not a requirement by law that you purchase additional insurance, but it’s a prudent investment that will provide you with financial security for your future.
As a condo owner it’s important to have adequate insurance so you can be prepared for any situation.
At Alpine Insurance, your current master policy will be reviewed so that you can determine the extent of your coverage. Once this is made clear, an Alpine broker will present you with appropriate condo insurance policy options suited to your needs.
A broker at Alpine’s Canmore location will discuss aspects of your coverage, including:
- How limited is your master policy, and what are the current terms of your own liability? What do you need your coverage to be?
- Is your building’s master policy adding unnecessary insurance at added cost?
- If you’re determined to be liable for special losses under your condo’s master policy, are you capable of handling this financially? *
- If you’re on the Condo Association’s board, are you entitled to an increase in liability insurance?
Once our brokers have reviewed your master coverage in full detail and discussed your personal coverage needs, they’ll present you with different policies tailored for your specific needs.
Alpine Insurance proudly serves Canmore, Banff, Bragg Creek and the surrounding communities.
Faust Condo Insurance
As a responsible condo owner, it’s important to be aware of the extent of your personal insurance coverage.
In Canada, it’s not a requirement by law that you purchase additional insurance, but it’s a prudent investment that will provide you with financial security for your future.
As a condo owner it’s important to have adequate insurance so you can be prepared for any situation.
At Alpine Insurance, your current master policy will be reviewed so that you can determine the extent of your coverage. Once this is made clear, an Alpine broker will present you with appropriate condo insurance policy options suited to your needs.
A broker at Alpine’s Canmore location will discuss aspects of your coverage, including:
- How limited is your master policy, and what are the current terms of your own liability? What do you need your coverage to be?
- Is your building’s master policy adding unnecessary insurance at added cost?
- If you’re determined to be liable for special losses under your condo’s master policy, are you capable of handling this financially? *
- If you’re on the Condo Association’s board, are you entitled to an increase in liability insurance?
Once our brokers have reviewed your master coverage in full detail and discussed your personal coverage needs, they’ll present you with different policies tailored for your specific needs.
Alpine Insurance proudly serves Canmore, Banff, Bragg Creek and the surrounding communities.
