Condo & Townhome Insurance
Whether you live in a bustling Port Coquitlam apartment or a serene townhouse elsewhere in BC, our experienced team will provide a tailored custom condo insurance policy that offers peace of mind that your property is protected.
Unmatched Coverage Options at Poco Insurance
Condo & Townhome Insurance Features
While the strata corporation is often responsible for insuring the building structure, your condominium policy provides many coverages and features such as:
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Protects the contents of your condo unit against loss or damage, including electronics, appliances, furniture, and other personal belongings.
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Covers the cost to repair upgrades that have been done to your unit, such as upgraded flooring or a kitchen and bathroom renovation.
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Provides financial support for additional expenses, such as hotel stays and meals, if you're temporarily displaced from your home following a claim.
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Gives legal protection against accidental property damage or bodily injury caused to others.
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A trio of coverage that covers your assessed portion of insurable damage to the building, including if you are assessed the entire Strata Insurance Deductible.
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Your policy can be fully customized with additional protection against Sewer Backup, Flood, Earthquake, and more!
Why Insure your Condo with Poco Insurance?
Choosing our insurance services means opting for a partner who understands the nuances and complexities of insuring a condo in British Columbia. Each condo is unique and depending on how the strata is insured, very specific coverage may need to be added to your policy. We are committed to offering you a policy that not only meets the minimum requirements but also provides the comprehensive protection you deserve.
Get a Custom Condo Quote
Frequently Asked Questions about Condo Insurance
Have questions about condo/townhome insurance? We've compiled some common inquiries to help you understand your coverage options. For more detailed information, please consult with our brokers.
How can I determine the right amount of Condo Insurance coverage?
We recommend doing an inventory of all of your personal property and then evaluate the cost to replace everything "Brand New". This total is what you will declare as your Personal Contents Coverage Limit. In order for us to calculate how much protection you will need from Strata related insurance assessments, please send us the latest copy of your building’s Strata Insurance policy.
Does Condo insurance cover perils like Floods or Earthquakes?
Flood and Earthquake Coverage may be added as an additional coverage onto most condo policies. Not only do these coverage protect your unit, but they can also provide protection against strata related assessments during a flood or earthquake claim.
My Strata has a high Water Deductible, What should I do?
Most of our condo insurance companies are capable of providing up to $100,000 of Strata Deductible Assessment protection. If your Strata Deductible is over $100,000, don’t worry, we have several Excess Strata Deductible Assessment Policies we can issue to “Top Up” your coverage.
What is the difference between Apartment, Condo, and Townhome insurance?
The different terms more so reflect their building design rather than how the insurance functions. For insurance purposes, Stratified Apartments, Condos, and Townhomes are all insured as "Condominiums" (condos).
The Strata has insurance, why do I need Condo Insurance?
While the Strata does insure the Building Structure, you are still responsible to insure your unit’s Personal Property, Unit Betterments & Improvements, Additional Living Expenses, Personal Liability, and Protection against Strata Assessments including Deductible Assessments in case of insurable damage to the Building (ex. A water claim that originates from your sink and damages units around you).
Need to File a Claim?
We understand dealing with an insurance claim can be a stressful experience. At Poco Insurance, we are here to guide you through the process and make it as smooth as possible.
Residential Quote Request
Please complete the form below to start your home insurance quote or renewal process. Our team will contact you within 1 business day (excluding weekends and holidays) to discuss your quote and gather any additional information needed.