Condo Coverage Champions: Canada’s Leading Insurance Providers

When it comes to protecting your condominium, having the right insurance is essential. Condo insurance, also known as condominium unit owners insurance, covers the personal property, liability, and certain parts of the interior structure of your unit. To help you make an informed decision, we’ve compiled a list of Canada’s top seven condo insurance providers, renowned for their comprehensive coverage, customer service, and competitive pricing.

1. The Co-operators


The Co-operators is a well-established insurance provider known for its wide range of insurance products, including condo insurance. They offer customizable coverage options tailored to meet the unique needs of condo owners.

Key Features

  • Comprehensive Coverage: Protects personal property, improvements, and betterments.
  • Additional Living Expenses: Covers the cost of temporary housing if your condo becomes uninhabitable.
  • Loss Assessment Coverage: Helps cover your share of damage to common areas.

Why Choose The Co-operators?

With their extensive network of agents and commitment to customer service, The Co-operators provides peace of mind through reliable and customizable insurance solutions.

2. Intact Insurance


Intact Insurance is one of Canada’s largest insurance providers, offering robust condo insurance policies designed to cover a wide range of potential risks.

Key Features

  • All-Risk Coverage: Protects against most unforeseen events, except those explicitly excluded.
  • Water Damage Coverage: Includes protection against sewer backup and overland water.
  • Unit Improvements and Betterments: Covers upgrades made to your unit.

Why Choose Intact Insurance?

Intact Insurance is known for its comprehensive policies and strong financial stability, making it a dependable choice for condo owners seeking extensive protection.

3. TD Insurance


TD Insurance provides condo insurance with a focus on flexible coverage options and exceptional customer service. They offer a straightforward online quote process, making it easy to get started.

Key Features

  • Extended Coverage: Includes protection for personal belongings, liability, and improvements.
  • Convenient Claims Process: TD Insurance offers a seamless claims experience with 24/7 support.
  • Discounts: Offers discounts for combining policies and for having security systems.

Why Choose TD Insurance?

TD Insurance stands out for its user-friendly approach and range of discounts, making it an attractive option for condo owners looking to save on premiums without sacrificing coverage.

4. Aviva Canada


Aviva Canada offers comprehensive condo insurance policies that can be tailored to meet the specific needs of individual condo owners. Their policies are designed to provide extensive coverage and peace of mind.

Key Features

  • Customizable Policies: Tailor your coverage to include additional protections like earthquake insurance.
  • Emergency Living Expenses: Covers costs associated with temporary accommodation.
  • Legal Liability: Protection against lawsuits for injury or damage to others.

Why Choose Aviva Canada?

Aviva Canada’s focus on customizable coverage and their reputation for excellent customer service make them a top contender in the condo insurance market.

5. Desjardins Insurance


Desjardins Insurance offers condo insurance policies with a focus on providing comprehensive coverage and financial protection for condo owners. Their policies are backed by strong customer support and a reliable claims process.

Key Features

  • Personal Property Coverage: Protects your belongings against theft, damage, and loss.
  • Loss Assessment: Covers your share of damage to common areas.
  • Building Property Protection: Insures fixtures and improvements within your unit.

Why Choose Desjardins Insurance?

Desjardins Insurance is known for its personalized approach to insurance, offering flexible policies and excellent support to ensure condo owners are well-protected.

6. Sonnet Insurance


Sonnet Insurance provides a fully online experience for condo insurance, making it easy for tech-savvy condo owners to obtain and manage their policies. They offer straightforward, transparent coverage options.

Key Features

  • Instant Quotes: Get a quote and purchase your policy online in minutes.
  • Comprehensive Coverage: Includes personal property, liability, and additional living expenses.
  • User-Friendly Platform: Manage your policy and claims online with ease.

Why Choose Sonnet Insurance?

Sonnet Insurance’s digital-first approach appeals to condo owners looking for convenience and transparency in their insurance provider, without compromising on coverage.

7. Square One Insurance


Square One Insurance specializes in personalized condo insurance policies that allow you to choose only the coverage you need, making it a cost-effective option for many condo owners.

Key Features

  • Customizable Coverage: Pay only for the coverage you need, with options to add or remove protections.
  • Low Deductibles: Flexible deductible options to fit your budget.
  • Efficient Claims Process: Simplified online claims submission and processing.

Why Choose Square One Insurance?

Square One Insurance’s unique approach to customizable coverage and competitive pricing make it a top choice for condo owners looking to tailor their insurance to their specific needs.


Choosing the right condo insurance provider is crucial to ensure your investment is protected. The top five providers listed above offer a range of coverage options, exceptional customer service, and reliable claims processes, making them the best choices for condo owners in Canada. Whether you prioritize comprehensive coverage, customization, or convenience, there’s an option on this list that will meet your needs and provide you with peace of mind.

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