Newfoundland Condominium Insurance
More than just tenants insurance.
Condominium insurance is not the same as the tenant’s insurance. Being a condo owner has many benefits but also exposes you to a number of unique risks. Unlike a regular homeowner, you have a number of policies in place between your personal insurance and the community insurance (master plan). Newfoundland Condominium Insurance typically focuses on protecting the owner’s health, personal property and other harder to categorize items, such as ‘Unit Improvements’.
At Crosbie Job, our professional staff will make every effort to best protect your condo. We market your business with some of the best insurance providers in Canada to find you the best coverage at the best possible rate.
We’ve Got You Covered!
While you need to make sure there are no gaps in coverage, there may be some overlap because there are various policies in place. Is it covered by your condominium’s master insurance plan? You need to make sure that you don’t overpay for unnecessary insurance. At the same time, you need to be sure you have extra liability insurance that covers you for any extra exposures not covered by the condo master plan.
You can be sure the master insurance doesn’t cover your personal property. What happens if your furniture, clothing and other valuables are damaged because of a fire in your unit? It also likely doesn’t cover damage to any upgrades you’ve made since the original unit was built. You want to make sure your investment is covered.
Your condo is in a communal setting but your Newfoundland condominium insurance needs to be individually tailored to make sure you’re getting value while limiting your liability risk.
If you own property in a development with joint property ownership, we can get you condo Insurance at reasonable rates. This insurance works in conjunction with your association’s insurance policy.