You’re not a tenant; you’re not a homeowner. You’re a condo owner, and proud of it! You have invested in, personalized and upgraded your living space, but you get to leave the grass cutting and snow shoveling to someone else.

It’s just how you like it, and now you are wondering what kind of insurance you need to protect your sanctuary. You may also face other insurance risks. Did you know that if the condominium corporation is underinsured, all condo owners may end up sharing the financial responsibility—whether it’s for damage to the roof, common areas, or a physical injury?

Condo insurance covers what you do own and fills those contingency gaps, so you can rest easy in the oasis you have made for yourself, whether you are at home or temporarily relocated to a beach somewhere.