RSA Insurance - Residential Condo Insurance
Residential Condo Insurance
Our Residential Condominium (Condo) package provides coverage specifically designed for the unique needs of residential condominium and townhouse corporations.
This package is designed for condominium corporations who need to insure:
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.
This package includes the same coverage as our standard Commercial Insurance package policy, but is enhanced with cover specific to this sector.
Growing Plants, Trees, Shrubs or Flowers
Coverage Away from Premises
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.
Contact Monarch Insurance Brokers for more information.