Co-owner

Moving

You've just bought a new condo! You'll be planning your move, once you've signed the papers at the notary. Before you start packing, call your insurer to make sure your new property is insured.

Let your insurer know when you'll be moving. He'll ask you questions about your new home. He'll need to know its features so that he can update your file. The cost of your home insurance could change, either up or down.

This is also a good time to reassess whether you've got sufficient coverage. You may have taken this opportunity to buy new furniture. You should also take a close look at coverage amounts. For example, if there's a spa on the patio of your new condo, you must purchase the Spa and Swimming Pool endorsement to make sure the spa is covered.

Take a few minutes to make a property inventory.

Are you moving in with your new partner? Adjust the coverage amount to reflect the combined value of your possessions. And don't forget to put your home insurance policy in both your names!

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!