The Best Condo Insurance Companies in Ontario

What is Condo Insurance?

Condo insurance, also referred to as HO-6 insurance, is a type of insurance specifically designed to protect the individual unit owner in a condominium complex. It covers the personal property of the unit owner and also provides liability insurance for all common areas in the complex. It is important to understand what is and is not covered in a typical condo insurance policy, as there is often confusion about what exactly is covered.

The Top Condo Insurance Companies in Ontario

Ontario is home to some of the best condo insurance companies in Canada. There are many factors to consider when selecting the right condo insurance company for you, such as coverage options, cost, customer service, and more. The following are some of the top condo insurance companies in Ontario:

Aviva Insurance Company

Aviva is one of the leading condo insurance companies in Ontario. They offer a wide range of coverage options, including liability, property damage, and contents coverage. They also offer discounts for multi-unit buildings and are one of the few companies that offer coverage for natural disasters. Aviva is known for their excellent customer service and their competitive rates.

Intact Insurance Company

Intact Insurance is one of the largest insurance companies in Canada and has been providing condo insurance in Ontario for over 40 years. They offer a wide range of coverage options and discounts, including discounts for multi-unit buildings and loyalty programs. Intact is known for their customer service and their competitive rates.

TD Insurance Company

TD Insurance is one of the largest and most trusted insurance companies in Canada. They offer a wide range of coverage options, including liability, property damage, and contents coverage. They also offer discounts for multi-unit buildings and are one of the few companies that offer coverage for natural disasters. TD Insurance is known for their excellent customer service and their competitive rates.

Cooperators Insurance Company

The Cooperators Insurance Company is one of the oldest and largest insurance companies in Canada. They offer a wide range of coverage options for condo owners, including liability, property damage, and contents coverage. They also offer discounts for multi-unit buildings and are one of the few companies that offer coverage for natural disasters. The Cooperators is known for their excellent customer service and their competitive rates.

Finding the Right Condo Insurance Company for You

When it comes to finding the right condo insurance company for you, it is important to do your research and compare different companies. Make sure to consider all the coverage options offered, cost, customer service, and any discounts that may be available. It is also important to read the policy thoroughly and make sure you understand what is and is not covered. By doing this, you can ensure that you are getting the best coverage at the best price.