Foire aux questions

Building appraisals can influence the coverage required for your unit. Stay informed of recent appraisals so you can adjust your insurance accordingly.

The syndicate's insurance should cover your liability as a director, but check and consider additional coverage if necessary.

Yes, tenant insurance is recommended to protect personal property and civil liability.

Common areas are covered by the syndicate's insurance. Your insurance may cover your share in the event of a high deductible.

Your insurance may cover such damage, but the insurer could take action against the co-owner responsible or his insurance.

Short-term rentals may require special coverage. Inform your broker of this activity so your policy can be adjusted accordingly.

Contact the syndicate and your insurer immediately. Your condo insurance may cover damage to your unit, regardless of the origin of the damage.

Make a detailed inventory of all the improvements made to your unit since its initial construction and estimate their current replacement value.

The syndicate's insurance generally covers the structure and common areas. You must insure your personal property, tenant improvements and civil liability.

Condo insurance explicitly covers your unit and improvements, in addition to the syndicate's insurance, unlike home insurance, which covers the entire property.

General liability covers bodily injury and property damage, while professional liability covers financial loss due to fault, negligence or error in providing your professional services.

Yes, even private companies need D&O insurance. It protects you against lawsuits from employees, customers, suppliers and other stakeholders.