{"id":8746,"date":"2021-12-23T09:11:00","date_gmt":"2021-12-23T09:11:00","guid":{"rendered":"https:\/\/301webdemo.com\/oegema\/?p=8746"},"modified":"2026-04-23T06:00:44","modified_gmt":"2026-04-23T06:00:44","slug":"everything-you-need-to-know-about-condo-insurance","status":"publish","type":"post","link":"https:\/\/www.ona.ca\/blog\/everything-you-need-to-know-about-condo-insurance\/","title":{"rendered":"Everything You Need to Know About Condo Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8746\" class=\"elementor elementor-8746\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-260ad659 e-flex e-con-boxed e-con e-parent\" data-id=\"260ad659\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-df196c8 elementor-widget elementor-widget-text-editor\" data-id=\"df196c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"excerpt\">If you own a condo, whether it is an apartment or townhouse, you need insurance to protect your home and belongings. Although some condos offer coverage for common areas, your own personal unit and all the belongings inside are not included. As well, condos have certain risks you might not have when you own a house outright. For example, if your unit floods due to your washing machine or dishwasher, you could be liable for damage to other units or common areas. Therefore, home insurance designed specifically for condo owners is your safest bet to protect your own home and belongings, as well as to reduce liability for accidents or damage to other units. With that in mind, here\u2019s everything you need to know about condo insurance.<\/p><h2>What does condo insurance cover?<\/h2><p>Because your personal belongings are not covered by your condo corporation, your condo insurance will cover the following:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59f8243 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"59f8243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Furniture<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Electronics<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Clothing<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Jewellery<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Art<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">All other personal belongings<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ab5221 elementor-widget elementor-widget-text-editor\" data-id=\"7ab5221\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<article class=\"content blog col-md-8\">\n<article class=\"blog_posts listing\">\n<div class=\"cnt-wrapper\">\n<p class=\"excerpt\">Anything damaged in your unit and which you have a record of owning at the time or following the time you purchased insurance is covered for most condo insurance policies. However, you can also receive payment to cover other costs, including:<\/p>\n<\/div>\n<\/article>\n<\/article>\n<aside class=\"sidebar col-md-4\">\n<section class=\"widget-odd widget-last widget-first widget-1 tab-box\"><\/section>\n<\/aside>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7b6a3d elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"c7b6a3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Living expenses<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Personal liability<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Upgrades or improvements to your unit<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Loss assessments for damage made by your condo board association<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-499b5cc elementor-widget elementor-widget-text-editor\" data-id=\"499b5cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<article class=\"content blog col-md-8\"><article class=\"blog_posts listing\"><div class=\"cnt-wrapper\"><p class=\"excerpt\">All of these things are very important, especially unit improvement costs and damage by your condo association. This is why condo insurance is unique from standard homeowner or <a href=\"https:\/\/www.ona.ca\/tenant-renter-insurance\/\">tenant insurance<\/a>.<\/p><h2>What doesn\u2019t condo insurance cover?<\/h2><p class=\"excerpt\">The following are not covered by condo insurance:<\/p><\/div><\/article><\/article><aside class=\"sidebar col-md-4\"><section class=\"widget-odd widget-last widget-first widget-1 tab-box\"><\/section><\/aside>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4a697d elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"a4a697d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Vehicle theft or damage, which requires auto insurance.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Tenant damage or their property if you rent your condo for either the short or long term.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ff90cc elementor-widget elementor-widget-text-editor\" data-id=\"1ff90cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<article class=\"content blog col-md-8\"><article class=\"blog_posts listing\"><div class=\"cnt-wrapper\"><p class=\"excerpt\">You should always speak to your <a href=\"https:\/\/www.ona.ca\/insurance-brokers-ottawa\/\">insurance broker<\/a> about suitable coverage for your specific needs so you always have the proper coverage.<\/p><h2>Is condo insurance more expensive because it is unique?<\/h2><p class=\"excerpt\">No; in most cases, it is actually more affordable than most home insurance policies. This is because as a condo owner you aren\u2019t responsible for structural damage, as this is covered by the condo corporation\u2019s insurance. Although you can see higher costs based on the types of coverage you include, a traditional, standard condo insurance policy will cost less than a standard home insurance policy.<\/p><h2>Do I need condo insurance to live in a condo complex?<\/h2><p class=\"excerpt\">No, condo insurance is not mandatory. However, where you might find it necessary is regarding either your mortgage provider or specific bylaws for your condo. Be sure you understand the condo bylaws in your region so you know what is required. Also, regardless of the mortgage or condo corporation rules, you really should have insurance to protect your belongings and property.<\/p><h2>Condo Insurance vs. Home Insurance<\/h2><p class=\"excerpt\">The main difference between condo and home insurance is that condo insurance does not cover structural damage like home insurance. So, in the case of a fire for example, structural damage is covered by your condo corporation\u2019s insurance. Although your condo insurance does cover improvements or betterments to your own unit, the structure of the building itself is the condo corporation\u2019s responsibility.<\/p><h2>What if I am at fault for damage to common areas?<\/h2><p class=\"excerpt\">This is an important question, as it is possible that damage due to your negligence can occur. For example, a fire caused by you\u00a0<a href=\"https:\/\/www.ona.ca\/blog\/can-i-barbeque-on-my-condo-balcony\/\">barbecuing on your balcony<\/a>\u00a0or even smoke damage to other units and common areas due to your barbecue could be a reason for you to pay for damages. When this happens, it is highly likely that your condo corporation bylaw includes who pays for common area damages caused by a unit owner\u2019s negligence. It could be that you are required to pay the deductible, but you could be responsible for even more. Again, understanding your condo\u2019s declaration is very important to help you choose the right condo insurance.<\/p><h2>Are condo apartment and townhouse insurance the same?<\/h2><p class=\"excerpt\">It depends on the type of townhouse you own. In some cases, townhouses are what is known as \u201cfree-hold\u201d, which means you own the entire property outright. If this is the case, then you would require\u00a0<a href=\"https:\/\/www.ona.ca\/home-insurance\/\">home insurance<\/a>, not condo insurance. On the other hand, if your townhouse is part of a condo property, and is a registered condo corporation, then you need condo insurance.<\/p><h2>When would I make a claim for condo insurance?<\/h2><p class=\"excerpt\">Basically, condo insurance may cover the following perils:<\/p><\/div><\/article><\/article><aside class=\"sidebar col-md-4\"><section class=\"widget-odd widget-last widget-first widget-1 tab-box\"><\/section><\/aside>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c6c904 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"3c6c904\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Theft of personal belongings from your condo or your vehicle<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Personal liability if someone is injured when on your property.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Identity theft, in some cases, if someone uses your personal information to steal your money.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Condo improvements made in your unit in some cases.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Property damage due to a fire or flood in some cases.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"27\" height=\"26\" viewBox=\"0 0 27 26\" fill=\"none\"><path d=\"M25.025 14.4289C24.064 19.2336 20.4413 23.7577 15.3579 24.7687C12.8786 25.2624 10.3068 24.9614 8.00858 23.9084C5.71037 22.8554 3.80294 21.1043 2.5579 18.9042C1.31285 16.7041 0.79365 14.1673 1.07423 11.655C1.35481 9.14267 2.42086 6.78291 4.12059 4.91171C7.6069 1.07178 13.4936 0.0147454 18.2984 1.93663\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><path d=\"M8.68945 12.5069L13.4942 17.3116L25.0255 4.81934\" stroke=\"#E8792A\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Accommodation if your home is unlivable due to an insured loss.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d59a94e elementor-widget elementor-widget-text-editor\" data-id=\"d59a94e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<article class=\"content blog col-md-8\"><article class=\"blog_posts listing\"><div class=\"cnt-wrapper\"><article class=\"content blog col-md-8\"><article class=\"blog_posts listing\"><div class=\"cnt-wrapper\">As mentioned above, it is always advisable to speak to your insurance company to learn more about what other types of coverage are available to make sure you have the best insurance possible. For more information on the\u00a0<a href=\"https:\/\/www.ona.ca\/condo-insurance\/\">condo insurance that Ottawa<\/a>\u00a0homeowners require, speak to our team at Oegema, Nicholson &amp; Associates today. Call us at 613-704-7766 or\u00a0<a href=\"https:\/\/www.ona.ca\/contact-us\/\">contact us here<\/a>.<\/div><\/article><\/article><aside class=\"sidebar col-md-4\"><section class=\"widget-odd widget-last widget-first widget-1 tab-box\"><\/section><\/aside><\/div><\/article><\/article><aside class=\"sidebar col-md-4\"><section class=\"widget-odd widget-last widget-first widget-1 tab-box\"><\/section><\/aside>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>If you own a condo, whether it is an apartment or townhouse, you need insurance to protect your home and belongings.<\/p>\n","protected":false},"author":4,"featured_media":8748,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-8746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance-advice"],"_links":{"self":[{"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/posts\/8746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/comments?post=8746"}],"version-history":[{"count":15,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/posts\/8746\/revisions"}],"predecessor-version":[{"id":17643,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/posts\/8746\/revisions\/17643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/media\/8748"}],"wp:attachment":[{"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/media?parent=8746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/categories?post=8746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ona.ca\/wp-json\/wp\/v2\/tags?post=8746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}