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Types of coverage we provide
Protects you if you cause injury or property damage to others in an accident. Helps cover medical costs, legal fees, and/or repairs.
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
This allows for the protection of your “claims-free discount” in the event of your first claim.
Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
Actual cash value policies are based on the items' depreciated value while replacement cost coverage does not account for depreciation
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Our Reviews
To whom it my concern. I would like to take a minute and say thankyou for the always very friendly and exceptional service i recieve from Patti Gustafson. It's always a pleasure and i'm always well informed. Koodo's to a great lady! Thankyou, Dale Goodsell.
Took less then 30 minutes when I bought a new truck and needed insurance right away to pick it up. They always respond and answer any questions in a timely matter. Would rate higher if I could, I have had 0 issues.
Thanu - We can not thank you enough for your knowledge and help. We were stuck in a very bad situation and you helped us greatly. You have saved us thousands of dollars and we are truly so appreciative. Highly recommend anyone to use Thanu for any insurance needs. He really is the best!!
I had a great experience with Devin at Surex. He was genuinely kind, responsive and actually took the time to help me, which wasn’t the case with others I spoke to. He found me the best insurance rate and made the entire process quick and straightforward. I needed to get my insurance sorted urgently and he made that happen without any stress. He’s honestly the reason I was able to get everything done so fast. I would definitely recommend Surex because of him. Easily one of the best customer service experiences I’ve had.
Devin, was amazing and fast to work with he got me hooked up with the right insurance company that was best for me, and was able to get it it all hooked up the next day!! Thank you.
Alberta condo insurance rates vs. other provinces
Alberta offers some of the most affordable condo insurance rates in Canada. To keep rates low, remember to update your insurance as things change in your home, have working smoke and carbon monoxide detectors, understand your coverage, and know your association rules to make sure you are properly covered. Have questions or want a free quote? Contact us today!
Province |
Average Rates |
|---|---|
Alberta |
$494 |
British Columbia |
$841 |
Manitoba |
$404 |
New Brunswick |
$405 |
Saskatchewan |
$491 |
Nova Scotia |
$501 |
Prince Edward Island |
$484 |
Ontario |
$535 |
Condo Insurance in Alberta - What You Need to Know
No, condo, home, or tenant insurance is not mandatory in Canada, although the condo association, or the owner of the condo, may require you to have to move in. You also need insurance to secure a mortgage to purchase a home or condo. So, even though it is not legally required to have, there are other outlets that may require the homeowner to purchase it.
If you own a condo or rent a house or apartment, some landlords may require tenants to have tenant insurance before moving in and condo corporations and lenders may require condo unit owners to show proof of insurance before moving in as well.
Condo insurance protects the units within a condo building. You would get it to protect your contents such as appliances, clothing and furniture (and would also cover items stored in a locker).
It would also provide additional living expenses in the event of an insured loss (if you had to temporarily move out) as well as the condo owner's liability for any bodily injury or property damage that was unintentionally caused by others in the building.
Condo building insurance is different. This is purchased by the condo corporation to cover damage to the building and the common areas and liability on the property. This is usually included in the monthly condo maintenance fees.
There are a few factors that determine your monthly condo fees, they include:
- The size of the building (a larger building has more owners to share the cost)
- The age of the building (newer buildings may have lower fees)
- The amenities
- The neighbourhood
It all depends on where you live. Older buildings usually have higher condo fees because they require more maintenance and smaller buildings also tend to have higher fees because the costs are shared between fewer owners. Newer developments with an all-inclusive list of amenities have higher fees because of upkeep costs.
No, you cannot negotiate condo fees. And, they are never optional. Even though you move into a building with a pool, but never expect to use it, you still need to pay for its upkeep.
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Helpful condo insurance guides
Explore helpful guides that explain how condo insurance works in Canada, including coverage basics, cost factors, and common policy terms.
Home sellers in Canada must disclose hidden material defects, as failing to do so can lead to serious legal and financial consequences.
During Canadian winters, blocked vents from snow can cause deadly carbon monoxide buildup—regularly check furnace, water heater, dryer, and chimney vents to ensure they’re clear.
Water damage in condos can be confusing; responsibility varies between owners and associations. Understanding coverage helps prevent costly surprises and ensures proper condo insurance protection.
