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Condo insurance
Get coverage for the things you love with condo insurance.
Your condo, and the things inside it, are one of your biggest assets. We’re here to help you get the right coverage.
Get a quote
Why is condo insurance important?
Why is condo insurance important?
It’s the main way to help cover one of your most significant financial investments.
Personal condo insurance policies cover your personal belongings as well as finishes and upgrades made to your unit (e.g., flooring, light fixtures, and countertops). This coverage complements condo corporation insurance, which only covers the building’s internal and external structures and shared spaces.
Some financial institutions may require you to provide proof of insurance before they lend you money to buy a condo.
If you’re found responsible for causing unintentional bodily injury to someone or accidentally damaging someone’s property and are sued, then this coverage will help provide financial protection up to the amount you’ve chosen.
Buy your condo insurance in 3 easy steps.
1
Answer questions about your occupancy type and personal belongings. Then provide some personal details to get an accurate quote.
2
Customize your coverage if needed.
3
Confirm your details and finalize your purchase.
Save on coverage,
and earn PC Optimum™ points.
Save up to 35%†.
PC Optimum™ members save more when they bundle their home (condo) and auto insurance and are eligible for other available discounts. Only need coverage for one? You can still save!
Learn more
Earn 2x the regular points.
You can earn 2x the regular PC Optimum™ points for every dollar spent when you pay your premiums annually with your PC® Mastercard®* or PC Money™ Account*.
Get customized coverage
Get customized coverage for your condo and your stuff.
Have questions? Our licensed insurance advisors are here to help.
Basic Coverage
Condo
Risks that may be covered include theft, vandalism, wind, lightning, fire, smoke, some water damage, falling objects, explosions and impact by a vehicle.
Personal Property
Condo insurance policies cover your personal belongings, like clothing, electronics, appliances and furniture. There are limits on the amount and the types of items that are covered. For example, jewellery, fine art, coin, stamp or card collections and bicycles may require additional coverage.
Personal Liability
This type of coverage can cover damage that you or someone covered by your insurance policy are responsible for causing to someone else, including unintentional injuries or accidental damage to their property.
Additional Living Expenses
Should something happen to your condo due to a covered claim and it becomes unlivable, then your additional living expenses, like hotel accommodations, can be reimbursed up to your coverage amount.
Optional Coverage
Sewer Backup
Overland Water
Earthquake
Cyber Insurance
Explore condo insurance discounts.
Check out the savings you may qualify for.
Eligibility criteria and availability vary by province and territory.
FAQs
Personal condo insurance provides coverage against loss or damage to your personal belongings as well as finishes and upgrades made to your unit (e.g., flooring, light fixtures, and countertops) due to unexpected events like fire, smoke, wind, theft and vandalism, and certain types of water damage. This coverage complements condo corporation insurance, which only covers the building’s internal and external structures and shared spaces.
Personal condo insurance could also help reimburse you for additional living expenses, such as a hotel or rental unit and meals, up to your coverage amount if you're temporarily unable to live in your condo while it’s being repaired due to a covered claim.
Personal condo insurance also includes liability insurance. If you’re found responsible for causing unintentional bodily injury to someone or accidentally damaging someone’s property and are sued, then this coverage will help provide financial protection up to the amount you’ve chosen.
Typically, you would buy condo insurance before the closing date on your condo, to ensure that you have coverage on your property starting from the date that you take ownership and move in.
Some financial institutions may not give you a mortgage or secured line of credit until your condo is insured. Make sure to ask questions about your condo insurance needs with a PC® Insurance licensed advisor and your mortgage advisor, financial institution, or financial specialist when you are buying a property.
The amount of coverage you choose should be enough to cover the value of your belongings. Additional coverage can be purchased for internal finishings and upgrades that have been made to your condo in the event of a covered claim.
To help evaluate your insurance needs, please call a PC® Insurance advisor at 1-877-253-8177.
Please visit our Claims page for information on claims and who to contact.
Looking for other insurance?
Legal details
Important Information on Products, Discounts, and Services by PC Financial Insurance Agency Inc.
Not everyone who uses online platforms or calls in will be able to get a quote or buy an insurance policy. This page provides, for information purposes only, a summary of our different insurance products and discounts that may be available to you. If you purchase a product, the terms and conditions of your insurance coverage will be outlined in your insurance policy, which will prevail. Certain conditions, limitations, and exclusions apply. Savings are not guaranteed and vary based on your profile and place of residence. Rates, discounts, and eligibility rules are subject to change without notice. Please speak to a PC® Insurance agent to learn more.
*All purchases with the PC Financial® Mastercard® earn a minimum of 10 PC Optimum™ points per dollar and all purchases with the PC Money™ Account earn a minimum of 5 PC Optimum™ points per dollar. When you pay your PC® Insurance home or auto insurance premium with your PC Financial® card, earn double the regular PC Optimum™ points per dollar (20 points per dollar for PC Financial® Mastercard® and 10 points per dollar for PC Money™ Account). PC Optimum™ points are awarded exclusively by President’s Choice Services Inc. This is not an offer provided by any other entity. PC Money™ Account points offer is available only with Aviva General Insurance Company policies entered into after January 20, 2025. Minimum redemption is 10,000 PC Optimum™ points (worth $10 in free rewards) and in increments of 10,000 PC Optimum™ points thereafter, at participating stores. You can redeem the PC Optimum™ points you earn for eligible purchases, or for any other purposes of which we may advise you from time to time. Some redemption restrictions apply; visit pcoptimum.ca for details and full store list.
†Details on Potential Savings
Save up to 35% on PC® Home and Auto Insurance
PC Optimum™ members could save up to 35% on their homeowner’s, condominium, or tenant insurance policy if they are eligible for the following discounts: Claims Free Discount, Combined Policy Discount by purchasing your home and auto insurance together, and Affinity Discount for PC Optimum™ members. PC Optimum™ members may also save up to 35% on their car insurance policies if they are eligible for the following discounts: Conviction Free Discount, Combined Policy Discount by purchasing your auto and home insurance together, and Affinity Discount for PC Optimum™ members. Customers may be eligible for other discounts on their car or home insurance such as the Electric Vehicle Discount, Hybrid Vehicle Discount, Winter Tire Discount, Mortgage Free Discount and Multi Product Discount. Total available discounts are in comparison to the base premium you would have paid if you were not eligible for the discounts. Discounts may not apply to all coverages and endorsements. PC Optimum™ members must be in good standing to be eligible for the Affinity Discount. Certain conditions, limitations, and exclusions apply. For further information, see More Information section below.
Affinity Discount for PC Optimum™ Members
PC Optimum™ members in good standing could benefit from an Affinity Discount on their homeowner’s, condominium, and tenant insurance in all provinces and territories, except Quebec where PC® Insurance is not available. Additionally, an Affinity Discount could apply on car insurance for PC Optimum™ members in the following provinces and territories: Alberta, Ontario, Nova Scotia, Prince Edward Island, Yukon, Northwest Territories, and Nunavut.
Save up to 25% on PC® Motorcycle Insurance
You could save up to 25% on your motorcycle insurance when combining the following discounts: Loyalty, Conviction Free, Motorcycle and Car, Motorcycle and Property, and Multi-Motorcycle. Discounts may not apply to all coverages and endorsements. Due to provincial legislation, PC® Insurance motorcycle products are not offered in British Columbia, Manitoba, and Saskatchewan. Savings are not guaranteed and vary based on your profile and place of residence. Rates, discounts, and eligibility rules are subject to change without notice. If you purchase a product, the terms and conditions of your insurance coverage will be outlined in your insurance policy, which will prevail. Certain conditions, limitations, and exclusions apply.
More Information Section
British Columbia
You can save up to 5% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the Affinity Discount for PC Optimum™ members. In British Columbia, savings for being claims-free have already been factored into the premium rating calculations for homeowner’s, condominium, and tenant insurance policies.
Alberta
You can save up to 30% on car insurance if you are eligible for the following discounts: Conviction Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members. You could also save up to 20% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
Saskatchewan
You can save up to 20% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the Claims Free Discount and Affinity Discount for PC Optimum™ members.
Manitoba
You can save up to 20% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the Claims Free Discount and Affinity Discount for PC Optimum™ members.
Ontario
You can save up to 30% on car insurance if you are eligible for the following discounts: Conviction Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members. You could also save up to 25% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
New Brunswick
You can save up to 35% on car insurance if you are eligible for the following discounts: Conviction Free Discount and Combined Policy Discount. You could also save up to 40% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
Nova Scotia
You can save up to 40% on car insurance if you are eligible for the following discounts: Conviction Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members. You could also save up to 40% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
Prince Edward Island
You can save up to 35% on car insurance if you are eligible for the following discounts: Conviction Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members. You could also save up to 40% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
Newfoundland and Labrador
You can save up to 30% on car insurance if you are eligible for the following discounts: Conviction Free Discount and Combined Policy Discount. You could also save up to 35% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.
Northwest Territories, Yukon, and Nunavut
You can save up to 15% on car insurance if you are eligible for the Combined Policy Discount and Affinity Discount for PC Optimum™ members. You could also save up to 35% on your homeowner’s, condominium, or tenant insurance policy if you are eligible for the following discounts: Claims Free Discount, Combined Policy Discount, and Affinity Discount for PC Optimum™ members.