No Place Like Home
4 min read
Get a condo insurance quote online
Protect your investment with premium coverage at an affordable price.
How condo insurance works
How does it help me?
You get financial protection if your condo, or the things inside it, are damaged or stolen. From fire and water damage to theft and break-ins, condo insurance covers the cost to repair or replace your property so that you don’t have to.
Do I need condo insurance?
You’ll need condo insurance if you’re taking out a mortgage to buy it. Banks and mortgage lenders in Ontario require that you have insurance before approving a mortgage loan.
How much coverage do I need?
That depends on what you need to protect! Before buying insurance, do an inventory of your condo to determine how much coverage you need.
Does condo insurance only cover my property?
Condo insurance provides personal liability protection if you’re sued. You also get coverage for your condo building’s shared spaces if you’re obligated to help cover damage to them.
Why choose Onlia Insurance?
Always online
Get a quote, buy insurance, and manage your policy online 24/7. Easy-to-read policies make handling your own insurance a breeze.
Coverage at home
Whether you own or rent your home, we have the coverage you need. Protect your home and what’s in it with a home, condo, or tenant policy made just for you.
Flexible policies
Adjust your coverage, update your information or bundle your insurance through My Account any time. On demand changes, no paperwork or phone calls required.
Privacy is our priority
We’ll keep you safe on and offline. Personal and sensitive information is always encrypted, stored, and transmitted securely.
A trusted provider
We’re backed by Fairfax Financial and Achmea, we have the resources to make insurance simple. Like other trusted companies, we’re regulated by FSRA.
Add more, save more
Save 15% on home insurance and 20% on car when you bundle, and up to additional 50% when you consent to a light credit check.
Condo coverages that keep you protected
Condo insurance provides personal liability protection if you’re sued. You also get coverage for your condo building’s shared spaces if you’re obligated to help cover damage to them.
Fire and smoke are common culprits of property damage. If they occur, we’ll make sure it’s repaired or replaced.
Coverage when you’re obligated to help pay for damage to your condo building’s shared spaces.
Want more protection for valuables like bicycles, jewellery, or artwork? We cover up to $10,000.
We cover accommodation and living expenses for you and your family if something happens to your home that makes it unfit to live in.
Occasionally rent out your place through Airbnb or another home-share service? We’ll cover your property.
Comprehensive overland water protection, covering flooding and sewer backup.
Coverage for your belongings, like appliances, electronics, and furniture if they’re stolen or damaged at home or some place else.
Coverage for the improvements you make to your condo, like new fixtures or kitchen cabinets.
Legal protection if you’re sued due to someone else's injury or property damage, even if it happens in another country.
If you or someone in your household is a victim of identity theft, we’ll help you through the recovery process.
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Choose Onlia for great coverage & better prices
Get insurance that’s easy to manage, without the guesswork. Get a quote online today to see how much you could be saving.