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?

Insurance made easy

Protection for your condo that makes it easy to understand where your insurance begins and the corporation’s ends. Onlia’s simplified condo insurance — policies protect your unit and its contents within your building, not including common spaces like hallways and elevators.

Premium coverage

You’ll always get more than baseline coverage with Onlia’s standard policies. Upgrade your coverage and add extras for more protection.

All online

Get a quote, buy, and manage your policy all online. No phone calls or paperwork required — ever.

Self-serve

You’re in the driver’s seat at Onlia. Adjust coverage, add or remove vehicles or drivers online, anytime.

Better discounts

Eligible discounts for car, home, tenant, and condo insurance are automatically applied at checkout.
Learn more about ways to save

24/7 claims support

We’re always here when you need us the most. Our caring team is happy to guide you through every step.

Learn more about claims

Flexible policies

Insurance should be able to keep up with whatever life throws your way. With no contracts or fixed terms, Onlia’s policies can roll with life’s changes.

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 Damage
Fire and smoke are common culprits of property damage. If they occur, we’ll make sure it’s repaired or replaced.
Coverage for Special Assessments
Coverage when you’re obligated to help pay for damage to your condo building’s shared spaces.
High-value Items
Want more protection for valuables like bicycles, jewellery, or artwork? We cover up to $10,000.
Emergency Accommodations
We cover accommodation and living expenses for you and your family if something happens to your home that makes it unfit to live in.
Home Sharing
Occasionally rent out your place through Airbnb or another home-share service? We’ll cover your property.
Flood and Water Damage
Comprehensive overland water protection, covering flooding and sewer backup.
Theft and Break-ins
Coverage for your belongings, like appliances, electronics, and furniture if they’re stolen or damaged at home or some place else.
Home Improvements
Coverage for the improvements you make to your condo, like new fixtures or kitchen cabinets.
Personal Liability Coverage
Legal protection if you’re sued due to someone else's injury or property damage, even if it happens in another country.
Identity Theft
If you or someone in your household is a victim of identity theft, we’ll help you through the recovery process.

Discover more about home insurance

  • How Mortgage Insurance Impacts Your Borrowing Power

    No Place Like Home 4 min read

    Depending on the size of your down payment, mortgage insurance could be necessary in order to close on your home purchase.

  • Flood Insurance: All About High-Risk Zones and Coverages

    No Place Like Home 4 min read

    We cover the ins and outs of flood insurance, living in a high-risk zone, and preventative flood methods.

  • Four Ways to Enjoy Family Day Without Worry

    No Place Like Home 4 min read

    Stay covered during your down time.

DISCOUNTS

Save more with Onlia Insurance

Our rates are competitive, but who doesn't want cheaper insurance? Onlia's premium discounts are already applied before you check out.