Condo Insurance for the Unit You Own
Protection for your belongings, your unit's improvements and your liability — explained clearly, quoted online, and checked by a licensed BlueCouch broker.
Get your quote- A licensed Canadian brokerageWe arrange coverage with insurance companies on your behalf; the insurer issues the policy.
- More than one insurerYour broker can look at options from more than one insurance company, where they are available.
- A real person checks your quoteA broker reviews the details with you before anything starts.
What Condo Insurance Can Cover
The strata insures the building and common property. A condo policy covers what is yours inside it; its limits and exclusions are set by the insurance company's policy wording.
Your Belongings
Furniture, clothing, electronics and the contents of your storage locker, up to the limit you choose.
Improvements to Your Unit
Upgrades such as flooring, cabinets, counters or fixtures added after the building was finished, which the strata policy may not cover.
Your Share of Strata Costs
Help with a strata deductible or special assessment passed on to owners after an insured loss, where the policy includes it.
Personal Liability
Claims against you if someone is hurt in your unit or you damage someone else's property — including other units. Online quotes show $1 million and $2 million options.
Additional Living Expenses
Reasonable extra costs of living somewhere else while an insured loss makes your unit unlivable.
The strata's policy and yours
Two policies work together. Knowing where one ends helps you see what the other needs to cover.
Your condo policy
- Your belongings and storage locker
- Improvements made to your unit
- Your share of a strata deductible or assessment
- Your liability, including to other units
Renting the unit out?
- A landlord condo policy fits instead
- Covers improvements and your liability as an owner
- Can add rental income
- Your tenant needs their own policy
Optional coverages
Coverages worth asking about
Some of the biggest risks to a condo owner are not part of a standard policy. These are added separately.
Deductible assessment
Raises the amount your policy can pay toward your share of the strata's deductible. Strata water and earthquake deductibles in BC can be large.
Earthquake
Damage to your belongings and improvements from an earthquake, with its own percentage deductible.
Sewer backup
Damage when a sewer or drain backs up into the unit. Usually an add-on.
Overland water
Water that enters from the outside. Availability depends on the address.
Scheduled valuables
Jewellery, art, bikes or collections listed for their full value, beyond the built-in sub-limits.
Identity theft
Help with the costs of restoring your identity after it has been stolen.
Availability, limits and deductibles of optional coverages depend on the insurance company and the address.
Your price
What changes the price of condo insurance
- 1
Your contents and improvements
The value of your belongings and of the upgrades in your unit is the core of a condo policy.
- 2
The strata deductible
How much the strata could pass on to you after a loss affects how much assessment coverage you may want to consider.
- 3
The building
Its age, construction and floor count — a high-rise and a low-rise are priced differently.
- 4
Your claims history
Claims in the past few years can raise the price, and two or more may mean a broker needs to review the file.
- 5
The deductible and limits you pick
A higher deductible usually lowers the premium; a higher liability limit raises it a little.
- 6
Where the building is
Local risks such as water damage, break-ins or earthquake zones are part of every price.
Compare Your Options with Help
Our AI agent, Kylie, guides you through the questions, and a licensed broker reviews the quote with you.
Get your quote
BlueCouch
How BlueCouch helps
Quote online
For a home in British Columbia, Alberta or Ontario. In BC you see an estimated price right away; in Alberta and Ontario a broker sends your quote.
Kylie, our AI assistant
Explains questions and terms as you go, so you know what you are answering.
Licensed brokers
Review your quote with you, explain the coverage and put the policy in place.
Renewal reviews
Before your policy renews, a broker can look at whether the coverage still fits.
Help with claims
We help you report a claim and stay with you while the insurance company handles it.
Real support
Call, email or chat with us when you need to change something on your policy.
How It Works
Protect your home and your stuff in just a few (really) easy steps
- 1
Fill Out a Quick Questionnaire
Fill out a short questionnaire. We just need to know a few things about your home. Our AI agent, Kylie, will hold your hand through the process and answer questions along the way.
- 2
Review Your Options
Kylie will show you the insurance rate options for your home. You can look at the coverage in each option before you decide.
- 3
Talk to a Broker
Leave your contact details with your quote. A licensed BlueCouch broker reviews it with you, answers your questions and helps you put the coverage in place.
Testimonials
Why Canadians Choose BlueCouch
Peyman Gazor
Had a great experience with the Bluecouch team. Was able to secure a very competitively priced home owner’s insurance. The process from start to finish was seamless.
Sarv Jahankhani
Highly recommend. Simple and transparent process to get a quote and coverage for our home insurance from a very reliable insurance company. It took 5 minutes to get coverage and there was a lot support for when I had specific questions.
Farouk Esmail
I switched over to purchasing home insurance online. I was amazed with how easy it was on BlueCouch. The rate I got was also lower than what I normally pay.
Questions
Condo insurance questions
My strata already has insurance. Why do I need my own?
The strata policy is for the building and common property. Your belongings, the improvements in your unit and your personal liability usually need your own policy.
What is a strata deductible assessment?
When the strata makes a claim, it can charge the deductible to the owner whose unit the loss came from, or to all owners. A condo policy can help pay your share, up to its limit.
Where do I find my strata's deductibles?
In the strata's insurance summary or certificate, which the strata manager or council can provide. Your broker can use it to look at the right assessment limit with you.
I rent my condo out. Is this the right policy?
No. A unit you rent to someone else needs a landlord condo policy instead.
Is the price I see online final?
It is an estimate based on your answers. A licensed broker confirms the details and the final price with you before any coverage starts.
Can I buy the policy online?
No. The website stops at the quote. A broker contacts you to review it and put the policy in place, so nothing is bound or paid online.
Where are online quotes available?
You can start a quote online for a home in British Columbia, Alberta or Ontario. In British Columbia you see an estimated price right away; in Alberta and Ontario a licensed broker sends you the quote after you answer the questions. For a property elsewhere in Canada, call us at (855) 316-3237.
Guides
Read more about condo insurance
What Does Condo Insurance Cover? A Complete Guide for Owners8 min read
How Much Does Condo Insurance Cost in Canada?8 min read
Water Damage in Your Condo: Who Pays — You or the Corporation?8 min read
Condo Special Assessments: Does Your Insurance Cover Them?7 min read
Condo Insurance vs Home Insurance: What's the Difference?7 min read
Earthquake Insurance in Canada: Do You Actually Need It?8 min read