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.

Water damage: covered or not?

Water damage: covered or not?

Most water damage is insurable. The proof: water damage is the leading cause of home insurance claims in Quebec. Learn More

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