Condominium Insurance

What does co-owner insurance include?

A co-owner insurance is divided into three parts: property, revenue, and civil liability.

Your property	The building you co-own, including indoor or outdoor pool, lobby furniture, etc. Detached private structures located on the insured premises, such as a garden shed, detached garage, etc.
Your revenue	Condo association fees unpaid as a result of a covered claim Loss of revenue as a result of a fraudulent act, such as embezzlement of condo association fees
Your civil liability	Multi-peril insurance covers civil liability, which means you are not financially responsible for bodily injury or material harm that is involuntarily caused to a third party. Multi-peril insurance also includes an option to cover liability of condominium administrators. As part of this protection, SSQauto covers the legal fees you may incur in a civil liability case.