Skip to main content

Condo insurance

image of condos and a park

Get a free no-obligation condo insurance estimate

find your closest agency

Condo insurance
Condo insurance is a home insurance product which provides coverage for the inside of your condominium. Allstate condo insurance protects against liability claims and property damage, as well as provides coverage for your personal belongings and any improvements you make to the unit you own.
Frequently asked questions

Do I need condo insurance, or does my condominium corporation cover my condo unit?

Condo owners insurance may not be mandatory by law. However, if you are purchasing a condo, most banks and mortgage lenders require home buyers to show proof of home insurance before advancing the mortgage. Also your condo association may require you to have proof of condo coverage before moving in.

Your condominium corporation will have insurance for the building and common areas, like elevators or the front lobby. However, many people are unaware that condominium corporation insurance coverage is limited and does not include your personal belongings, upgrades to your unit, or legal liability to others. If the unexpected happens, you could be liable for:

  • damage caused to common areas or other units, where the damage originated in the insurer’s unit, e.g. water damage to a neighbouring condo
  • expenses related to theft or damage in your condo unit
  • paying for expenses related to someone being injured while on your property
What is a “shared common area” in a condo?
Your condo corporation’s contract outlines the common areas of your condo complex. These include areas outside the unit you live in, like the lobby, parking lot, pool and recreational facilities. Refer to your condo corporation contract or call them for further details.
What is liability coverage?
Liability coverage is important to have as part of your condominium unit owners insurance. It provides coverage when someone (not living with you) is injured while on your property.
What is personal property protection?
Personal Property Protection covers your personal belongings if they’re stolen, damaged or lost. These personal items include clothing, electronics, books, furniture, appliances, and the list goes on! If you have more expensive items like jewelry, high-end electronics and antiques, you should look into getting  extended coverage to insure their full value.
Do condos need flood insurance?

Water damage is a leading threat not just to homeowners but condominium dwellers as well. Threats to your property can come from burst pipes, leaking appliances, and other types of fresh water flooding. Allstate’s base policy water coverage is included in your Allstate condo policy.

You can also add additional coverage with Allstate’s water protection endorsements to ensure you have the right coverage to suit your needs (for qualifying customers):

What does condo insurance policy cover?
Allstate understands that condo homeowners have unique insurance needs. That's why we offer a range of insurance options for condo dwellers across Canada.
Single limit insurance

The following coverages have a single limit of insurance:

  • Additions and alterations:Covers upgrades (e.g. built-in sound systems, custom counters) to your unit that might not be considered part of the standard condo unit by your condo corporation.
  • Unit contingent coverage:Provides additional coverage to your unit if your condominium corporation’s insurance is insufficient.
  • Loss assessment coverage:Provides coverage (up to a stated limit) to cover major property and liability losses for common condo elements (e.g. swimming pool, laundry room, fitness room) when a special assessment is levied against you and other unit holders. Provides protection in the event you are assessed a portion of a loss due to the condo corporation’s deductible.
Liability coverage
Condo insurance policy provides liability coverage when someone not living with you is injured while on your property. Bodily injury liability coverage can help save you from legal and/or medical expenses that may follow, if you are found at fault.
Personal property protection
This covers your personal belongings (depending on the value) if they're stolen, damaged or lost. Expensive belongings such as jewelry, furs, and antiques may require extended coverage to cover their full value. It’s a good idea to keep an inventory of all your personal belongings.
Your condo coverage options
Designed with condos in mind, Your Choice Home condominium insurance includes condo unit coverage, personal belongings and liability coverage as well as insuring your property against:
  • Fire
  • Explosion
  • Falling objects
  • Lighting
  • Malicious acts
  • Riot
  • Smoke
  • Theft
  • Vandalism
  • Water damage
  • Wind and hail
Choosing your condo package

VIP package

Basic coverage


  • All risk for contents (subject to exclusions specified in the policy)
  • Replacement cost (replaces contents with items of similar value, without depreciation)



  • Covers contents for “named perils” (subject to exclusions specified in the policy)
  • Optional replacement cost (replaces contents with items of similar value without depreciation.)
  • Claim-free discount*



Allstate agents are always ready to answer your insurance questions and guide you through your coverage options.

Get a condo insurance quote now

Condo insurance online

myAllstate App

View and update all of your policy details in one place with the myAllstate app. Pay your bills or make changes to your coverages, limits and deductibles online at any time.

Related resources

If you have any other questions about condo insurance, read the five most common questions. Visit our blog for more condo owner tips.

a blurred white car and a person holding a phone

Making life's not so easy moments easier

If you need to make a claim, Allstate has a highly experienced claims team available 24/7 to guide you through the process.

Get a quote in just minutes
Bundle your home and auto to save

access myAllstate

Get the mobile app
Google Play StoreApple App Store