Compare and purchase the best condo insurance rates in Edmonton.
Get free & accurate quotes from Canada’s top insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Types of coverage we provide
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
Protects you if you cause injury or property damage to others in an accident. Helps cover medical costs, legal fees, and/or repairs.
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
Actual cash value policies are based on the items' depreciated value while replacement cost coverage does not account for depreciation
This allows for the protection of your “claims-free discount” in the event of your first claim.
Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.
Recent condo insurance quotes in Edmonton
Recent quotes coming soon.
Please check back at a later time.
Our Reviews
I have been with Surex for quite a few years now and anytime I need something changed or even simple explained my insurance advisor is always there to help fast and efficiently! Would 100% recommend to anyone
I'm very happy with the service and my policy. Devlin was quick to respond and answered all my questions clearly. He made the insurance process easy and straightforward. I’m happy with my rate and the overall customer experience, and I really appreciated his helpful, professional service.
Lisa Clark helped me with my insurance! It was so easy and fast to get a quote and set it up. Super appreciative of Lisa and her hard work right when I needed it most. Got approved for insurance and am now driving my first car :)
10/10 service all the way around
Get the best rates from Canada’s top insurance providers
Save up to 25% on condo insurance in Edmonton when you shop with Surex
Edmonton, the capital city of Alberta, is home to over 1 million people. The city is well known for the West Edmonton mall, the 2nd largest shopping mall in North America, and Fort Edmonton Park, Canada’s largest living history museum. Edmonton hosts more than 30 festivals a year and is affectionately known as “Canada’s Festival City”. It is also one of Canada’s sunniest cities - in June they get 17 hours of sunlight a day! Edmontonians enjoy a high average household income and affordable cost of living because there is no Provincial Sales Tax (PST), so they have more disposable income than other Canadians.
Condos are a popular choice among people who either want to downsize, who don't want a lot of yard work and house maintenance, and who like the amenities that a condo building provides! It gives people the opportunity to embrace homeownership without the hassle of menial tasks such as yard work, snow removal, or home repairs - you just have to worry about your own living space.
Condo Insurance in Edmonton - What You Need to Know
Condo insurance protects the units within a condo building. You would get it to protect your contents such as appliances, clothing, and furniture (and would also cover items stored in a locker).
It would also provide additional living expenses in the event of an insured loss (if you had to temporarily move out) as well as the condo owner's liability for any bodily injury or property damage that was unintentionally caused by others in the building.
No, condo, home, or tenant insurance is not mandatory in Canada, although the condo association, or the owner of the condo, may require you to have to move in. You also need insurance to secure a mortgage to purchase a home or condo. So, even though it is not legally required to have, there are other outlets that may require the homeowner to purchase it.
If you own a condo or rent a house or apartment, some landlords may require tenants to have tenant insurance before moving in and condo corporations and lenders may require condo unit owners to show proof of insurance before moving in as well.
Condo building insurance is different. This is purchased by the condo corporation to cover damage to the building and the common areas and liability on the property. This is usually included in the monthly condo maintenance fees.
There are a few factors that determine your monthly condo fees, they include:
- The size of the building (a larger building has more owners to share the cost)
- The age of the building (newer buildings may have lower fees)
- The amenities
- The neighbourhood
In Edmonton, average condo fees can range from $400/month to $650+/month. As you consider your home/condo buying options, make sure you factor this fee into the equation! Adding a high condo fee to your monthly mortgage payments may drastically change your budget.
Compare 10+ quotes and
speak to a dedicated advisor
Underwriting Specialist
