Co-owner

Condominium insurance

Two insurance policies are in effect for condominiums, one for each co-owner's private portion and one for the condominium syndicate's portion.

The co-owners' insurance covers:

  • Personal property
  • Civil liability
  • Improvements made since the construction

The syndicate insurance covers:

  • Common portions: lobbies, corridors, stairs, roof, etc.
  • "Building" portion of the private portions: walls, floors, windows, etc.
  • Civil liability of the condominium syndicate

In case of loss, these two policies could split the compensation.

It's important to consult your declaration of co-ownership to know exactly which insurance covers each part of the building.

More information on condominium syndicate insurance.

Do you have
to add your new
co-tenant to your
insurance policy?

Do you have to add your new co-tenant to your insurance policy?

It’s important to review your home insurance policy and to list the names of all co-tenants on the insurance policy so that everyone can take advantage of the coverage. Learn More

Répondez au quiz!