Condo Insurance
Built Around Your Unit
Get coverage that fits your condo lifestyle, with fast quotes, expert guidance, and local support tailored to condo living.
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Fast quotes
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Local Support
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Tailored Coverage
Condo coverage
Condo Insurance to Safeguard What Matters Most
Protect your unit, upgrades, belongings, and liability, all under one roof. From high-rise downtown suites to townhouse-style condos, our policies ensure you're covered for contents, legal claims, and unexpected living expenses if your unit becomes uninhabitable .
Why Choose Millennium for Your Condo Coverage?
Condo living comes with unique coverage needs. Millennium offers expert advice, fast local service, and tailored protection for what your condo board’s policy doesn’t, plus bundled savings made for Alberta life.
Local Experts Who Understand Alberta Living
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Rooted in Your Community. Ready When You Need Us.
Our condo insurance team lives and works right here in Alberta. Whether you're dealing with unit damage or navigating loss assessment fees, our advisors are close by—offering responsive support and tailored solutions built for your community.
Coverage That Complements Condo Corporation Policies
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What Your Building’s Insurance Doesn’t.
Condo corporations often cover common areas—but not what’s inside your walls. We help fill in those gaps with protection for your contents, upgrades, liability, and loss assessments—giving you true peace of mind.
Simplify Your Insurance and Unlock Discounts by Bundling Policies
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Multi-Policy Options Built for Alberta Condo Owners.
Combine your condo insurance with auto or other personal policies to unlock added savings. Get everything covered in one place with flexible plans designed to suit your budget and lifestyle.
Why Choose Millennium for Your Condo Coverage?
Condo living comes with unique coverage needs. Millennium offers expert advice, fast local service, and tailored protection for what your condo board’s policy doesn’t, plus bundled savings made for Alberta life.
Local Experts Who Understand Alberta Condo Living
-
Rooted in Your Community. Ready When You Need Us.
Our condo insurance team lives and works right here in Alberta. Whether you're dealing with unit damage or navigating loss assessment fees, our advisors are close by—offering responsive support and tailored solutions built for your community.
Coverage That Complements Condo Corporation Policies
-
What Your Building’s Insurance Doesn’t.
Condo corporations often cover common areas—but not what’s inside your walls. We help fill in those gaps with protection for your contents, upgrades, liability, and loss assessments—giving you true peace of mind.
Simplify Your Insurance and Unlock Discounts by Bundling Policies
-
Multi-Policy Options Built for Alberta Condo Owners.
Combine your condo insurance with auto or other personal policies to unlock added savings. Get everything covered in one place with flexible plans designed to suit your budget and lifestyle.
Trusted Coverage
Condo Insurance Designed to Safeguard What Matters Most
Protect your unit, upgrades, belongings, and liability, all under one roof. From high-rise downtown suites to townhouse-style condos, our policies ensure you're covered for contents, legal claims, and unexpected living expenses if your unit becomes uninhabitable .
What Does Condo Insurance Cover?
Condo insurance typically covers damage to your personal property and improvements inside your unit not covered by the condo corporation.
Our comprehensive plan includes:
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Personal Contents: Furniture, electronics, clothing, and valuables—covered from perils like fire or theft.
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Unit Improvements & Betterments: Flooring, cabinetry, renovations—protected even if the building policy doesn't.
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Additional Living Expenses: Hotel stays or rental costs while your condo is being repaired.
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Liability Coverage: Protection if a visitor is injured or you accidentally damage someone else's property.
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Loss Assessment: Coverage for unexpected condo corporation deductible bills from events like water damage—up to $500K total limit for strata assessments
Customizable Add-Ons
Your condo building may have insurance, but that doesn’t fully protect you. Condo insurance ensures your unit, valuables, and liability are covered.
Enhance your policy with optional protections like:
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High-value items: Extra coverage for jewelry, artwork, or collections.
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Water/sewer line coverage: To cover costly breaks or repairs outside your unit
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Sewer backup/flood protection: Safeguard against basement overflows or water infiltration.
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Identity theft, equipment breakdown, or tenant damage coverage: Tailored for modern condo living.
FIND OUT MORE
How Does Condo Insurance Work?
Condo insurance helps fill the coverage gaps left by your condo corporation’s policy. Whether you're a new buyer or reviewing your current protection, it ensures your belongings, unit upgrades, and liability risks are covered—so you’re not left paying out-of-pocket when the unexpected happens.
Types of Condo Coverages
Condo insurance typically covers:
Covers personal belongings like furniture, electronics, appliances, and clothing from fire, theft, or damage whether they’re in your unit, in storage, or with you while traveling.
Covers medical or legal costs if someone is injured in your unit or if you unintentionally damage another unit. Includes legal defense costs and payouts within your chosen limit.
Pays for hotel stays, temporary rentals, meals, and related costs if insured damage makes your unit uninhabitable—so you can focus on recovery, not costs.
Protects upgrades to your unit such as flooring, countertops, custom cabinets, and other improvements not covered under the condo corporation’s master policy.
Add coverage for high-value items (jewelry, art, collectibles), identity theft protection, water/sewer damage, and more. Customizable to your lifestyle and risk tolerance.
If a special assessment or shared deductible arises due to an insured peril, this coverage helps pay your portion. Ideal for covering high condo deductibles from water damage, fire, or other events.
Types of Condo Coverages
Condo insurance typically covers:
Personal Property Protection
Covers personal belongings like furniture, electronics, appliances, and clothing from fire, theft, or damage whether they’re in your unit, in storage, or with you while traveling.
Unit Improvements & Betterments
Protects upgrades to your unit such as flooring, countertops, custom cabinets, and other improvements not covered under the condo corporation’s master policy.
Optional Add‑Ons & Specialty Coverage
Add coverage for high-value items (jewelry, art, collectibles), identity theft protection, water/sewer damage, and more. Customizable to your lifestyle and risk tolerance.
Loss Assessment Coverage
If a special assessment or shared deductible arises due to an insured peril, this coverage helps pay your portion. Ideal for covering high condo deductibles from water damage, fire, or other events.
Additional Living Expenses
Pays for hotel stays, temporary rentals, meals, and related costs if insured damage makes your unit uninhabitable—so you can focus on recovery, not costs.
Liability Coverage
Covers medical or legal costs if someone is injured in your unit or if you unintentionally damage another unit. Includes legal defense costs and payouts within your chosen limit.
Why Is It Important?
Your condo building may have insurance, but that doesn’t fully protect you. Condo insurance ensures your unit, valuables, and liability are covered.
- Avoid paying for damage or legal claims out of pocket
- Safeguard everything from furniture to electronics
- Meet lender or condo board insurance requirements
- Cover unexpected costs from shared building damage
- Gain peace of mind knowing you’re fully protected at home
We've got answers
Frequently asked questions
Yes. The policy would include coverage for Improvements and Betterments. Refer to your policy or your advisor for coverage limits.
Yes. Your policy covers damage resulting from appliance malfunctions.
Yes. Your policy includes content insurance which would cover damage to your personal belongings up to your coverage limit.
Your condo corporation’s insurance covers the building and the common areas. You would be required to protect your unit and its contents.