PART ONE of a THREE-PART Series
Condo boards, staffed by volunteer owners, are legally obliged to have insurance covering their buildings, from common areas like the lobby to the basic structure of the private units. Individual owners are separately responsible for the value of their own furniture and any improvements they make to their condos, like the installation of hardwood floors. Many realtors, owners, and even board members are unaware of the complexities of condo insurance.
Join Wendy Wildeman of Rogers Insurance Ltd as she starts at the beginning explaining the basics of Condo Insurance including:
- basic terminology
- how condo acts and by-laws apply
- what’s included in a standard condo insurance policy
- responsibilities of unit owners
- responsibilities of the board of directors
- the importance of a proper appraisals
- and a whole lot more!
Due to the differences in regulations and acts between the provinces, we are happy to provide two SEPARATE events applicable to the individual provinces:
Click here to view the ONTARIO WEBINAR RECORDING
ONTARIO PRESENTATION SLIDES: Condon Insurance 101 – Ontario
Click here to view the ALBERTA WEBINAR RECORDING.
ALBERTA PRESENTATION SLIDES: Condo Insurance 101 – Alberta
PART TWO: Basic Claim Process, Excluded Perils, how to be prepared, and share examples of actual claims.
PART THREE: Risk Management: common-sense tips and beyond to help with the mitigation of losses, advice to keep rates low, and take precautions to protect your property.
Downloadable E-Book combines all presentations in one handy, illustrated reference available here.