Residential Condo Insurance

Our Residential Condominium (Condo) package provides coverage specifically designed for the unique needs of residential condominium and townhouse corporations.

Target classes

This package is designed for condominium corporations who need to insure:

Condominium buildings
Townhouse condominiums
 

Eligibility

This package is available to condo or townhouse corporations that meet the following criteria:

  • The primary risk is building ownership
  • The corporation has up to 10 locations
  • The buildings are 15 storeys or less

Note that some restrictions apply regarding the rate and type of occupancy.

Package highlights

This package includes the same coverage as our standard Commercial Insurance package policy, but is enhanced with cover specific to this sector.

Coverage

Limit

Trustees Fees

$50,000

Growing Plants, Trees, Shrubs or Flowers

$500 each

Coverage Away from Premises

$2,500

Employers Liability

$1,000,000

Master Key

$25,000

Stated Amount

Included

The following optional coverages may be added to optimize protection: Flood, Earthquake and Umbrella Liability.

In addition, Directors & Officers Liability can be added to protect the condo corporation from financial harm if a director or officer fails to fulfill his or her duties with respect to the affairs of the corporation. 

Documents

How do I place business with RSA?

Prairies Commercial Insurance Mailbox
1-800-233-6000

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