Both homeowners and renters can be held liable for bodily injury or property damage unintentionally caused to others. The personal liability portion of your home insurance provides coverage if such an event occurs on your property. Say, for example, a visitor slips on...
Your condo corporation’s insurance policy only covers items that are originally part of the building and its common areas like walls, roofs, floors, elevators, swimming pools and any associated out buildings. That’s why it’s important to get condo insurance, which is...
Great question. Request a copy of your condo corporation’s insurance policy (if you don’t already have one) and read through it carefully to see what level of responsibility you have. And of course, if you need help reviewing it, you can speak to an aha insurance...
The valuation for condo coverage is based upon the value of all your contents up to $300,000. Single policy covers Personal Property (100%) and Additional Living Expense (30%).
Unlike home insurance, which covers the property itself, condo insurance is based on the contents of your property. When it comes to property insurance, your premium is affected by some key underwriting variables: Postal code and street address Valuation of contents...
