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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
I had an excellent experience setting up the insurance for my first car with Ashley at Surex. She was fast, professional, and incredibly helpful every step of the way. Ashley made the process smooth and stress-free, answered all my questions promptly and found me a great price. Highly recommend her for anyone looking for outstanding and reliable insurance service!!!!
I have nothing but exceptional service from Ashley Bushfield at Surex, quickly responds and takes cares of anything I need for my insurance needs… prices are amazing too… thanks for everything you do!! Highly recommended!!
Mostly great help but I feel when your contract wasn’t renewed for car insurance contacting your customers by email should have at least should got a phone call to their customers when the email wasn’t acknowledged by customer for whatever reasons… but something as important as having no insurance should have required a phone call by the company and the broker should have an alternative option for it’s customers
I had a great experience with Ashley at Surex. She was able to get me insured the same day and sent over my policy right away. The process was quick, and smooth. I’m very happy with the quality of her work and the service, I’d definitely recommend Ashley and Surex to anyone in Ontario looking for reliable insurance.
Ontario condo insurance rates vs. other provinces
Province |
Average Rates |
|---|---|
Ontario |
$534 |
British Columbia |
$840 |
Alberta |
$493 |
Manitoba |
$404 |
Saskatchewan |
$491 |
Nova Scotia |
$501 |
New Brunswick |
$405 |
Prince Edward Island |
$484 |
See how our customers save big on condo insurance
Customer |
City |
Type |
Average Rate |
Lowest Rate |
Savings |
|---|---|---|---|---|---|
Akram |
Scarborough |
Condo |
$798.00 |
$534.00 |
$264.00 |
Anush |
Pickering |
Condo |
$1,018.00 |
$563.00 |
$455.00 |
Gordon |
Waterloo |
Condo |
$731.00 |
$324.00 |
$407.00 |
Condo Insurance in Ontario - What You Need to Know
Regardless of the condo association coverage you have, you will need condo insurance to cover the personal contents in your unit. This can relate to property such as furniture, home entertainment systems, and clothing.
Condo insurance protects you from liability. In the event that someone gets injured while at your place, your liability coverage will help you with settlement costs. Be sure to choose a liability limit capable of protecting all your assets. This will help ensure your online quote's accuracy.
Again, depending on your condo association's policy, you can be covered for any upgrades and improvements you've made to your unit.
You can also get a quote to further secure your condo unit, in case your association's coverage doesn't protect you fully against loss or damage.
Yes, of course!
Most companies allow you to pay a number of different ways, however, this can be dependant on your payment/credit history.
Yes, while condo insurance isn’t mandatory, if you have a mortgage your lender will require it.
Now, a few tips - your condo association will have a master insurance policy, but it may only cover the basics. Some associations will buy a more a policy that also includes more basic items within each unit, such as appliances, carpets, cabinets, or interior walls.
Always best to find out the scoop, and then chat with your Surex Advisor to figure out what's right for you!
If you own a condo unit in Ontario and are planning on renting it out, you should chat with your Surex insurance advisor about purchasing a landlord insurance policy.
Landlord insurance differs from condo insurance as it protects the property owner from various unique landlord-related risks, like lost rental income.
Rental income coverage: This coverage ensures that if there is a loss related reason that their tenants cannot stay living in the condo, like fire or water damage, then Rental Income coverage will pay the condo-owner their rent money until the tenant can move back in.
Damages coverage: If your tenant causes damages to your condo, the policy will extend to cover the cost of the repairs. For example, if the tenant drops a towel on a hot stove and it catches fire doing damage to the kitchen, for insurance to respond the condo-owner would need to make sure that they had a Landlord Condo insurance policy. If the condo wasn't insured properly on the Landlord form, the insurance policy would not respond and the condo owner would be required to pay for the damages themselves.
Liability Coverage: If your tenant causes damages to the building itself -exterior or interior common spaces - the condo corporation will come back against the owner of the condo to pay for the damages. The condo-owners policy will only respond if it is insured on a Landlord form.
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