Condo Insurance

Condo insurance you can rely on

As a condo unit owner, specific insurance coverage is available to help protect you from liability, and to help cover losses to your belongings and renovations to your unit.

Condo Insurance

Coverage for your belongings

When you live in a condo, your condominium corporation carries a master insurance policy that covers the condo property including your unit. You will need your own separate policy as a condo unit owner to cover your belongings, and any renovations that have been made to your unit since its initial construction. Condo insurance can cover losses due to:
theft, vandalism, and riot
fire and smoke
windstorm, hail, lightning
electrical power surges
falling objects from outside the buildings structure
water from plumbing, water heater, appliances, and HVAC systems
Comprehensive coverage for your belongings is also available which offers coverage against almost all possible insurance risks.

Liability and financial protection

Having your own condo policy can also help cover you for costs in the event that you or one of your guests are liable for damages or losses to the condominium, if someone is accidentally injured in your unit, or if you accidentally cause damages to another individual or their property. Condo insurance also will help protect you from costs if you cannot live in your home due to a loss, your identity is stolen, or if you need legal advice.

Coverage add-ons:

Home Systems Sewer Backup Watercraft & Off-Road Vehicles Rental & Seasonal Homes
rayner agencies_tv fridge powertool
Can cover your heating, cooling, electrical, water, and security systems from pressurized, electrical, or mechanical breakdown. Your appliances, power tools and electronics are also covered with this add-on.
Disclaimer: This coverage cannot be added to your policy online. Give us a call or use the chat box, so one of our brokers can assist you.
rayner agencies_flood basement
Cover against water or sewage accidentally escaping, overflowing, or discharging from the sewer, sump pit, or septic tank.
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Coverage for your boat, snowmobile, quad, side by side, and dirt bike can be added to your policy.
Disclaimer: This coverage cannot be added to your policy online. Give us a call or use the chat box, so one of our brokers can assist you.
Onsurance_seasonal home insurance
Coverage for your cabin, seasonal, and rental properties can be added to your condo insurance policy.
Disclaimer: This coverage cannot be added to your policy online. Give us a call or use the chat box, so one of our brokers can assist you.

You may qualify for a discount:

if you have a good insurance score and credit history;
depending on your age;
if you have been claims free for at least 3 years;
if you have a monitored security system.

A portion of all policies sold are donated to Make-A-Wish Saskatchewan.

Make-A-Wish® Canada has granted the wishes of over 35,000 children with critical illnesses in Canada since 1983.

“Together, we create life-changing wishes for children with critical illnesses.”

FAQ

You need your own condo policy to cover your belongings, any renovations or betterments made to your unit, and to give you liability coverage. The condominium corporation’s policy is called the master policy. The master policy covers the building and condo property.
Yes, you should have sewer backup coverage regardless of what floor your unit is on. Even on the top floor, a sewer backup can push water up the shower and sink drains, or the toilet.

If you choose to rent out your condo unit or part of it, you will need to talk to your broker. They will be able to adjust your policy to maintain coverage for your condo if you have tenants.

Head office address:

100 – 810 Central Avenue, Saskatoon SK S7N 2G6 Canada

Call for help:

306-986-5383
8:30am – 5:30pm CST
Monday to Friday

Mail for information:

info@onsurance.ca

    File a Claim

    An OnSurance representative will contact you within 30 minutes during business hours.