Condo Insurance in Wetaskiwin
At Peters Insurance, we provide condo insurance tailored for unit owners in Wetaskiwin. Condo insurance differs from tenant insurance. If you own your condo, you need a condo insurance policy. If you're renting a condo, tenant insurance is the right fit.
What Is Covered
Condo insurance covers your personal belongings, liability, and any upgrades you've made to your unit, commonly referred to as improvements and betterments. This includes custom flooring, countertops, cabinetry, or built-in features not covered by your condo corporation’s master policy. It also protects you against liability claims if someone is injured in your unit and may cover your share of damage to common areas or the building’s deductible in certain situations.
Eligibility
Condo insurance is available to unit owners, whether the unit is occupied by the owner or rented out.
Is It Mandatory?
Condo insurance isn’t legally mandatory, but most lenders and condo boards expect proof of coverage before you move in.
