{"id":3350,"date":"2016-09-14T15:15:02","date_gmt":"2016-09-14T22:15:02","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=3350"},"modified":"2016-09-11T17:26:53","modified_gmt":"2016-09-12T00:26:53","slug":"insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/","title":{"rendered":"Insuring Your New Condo – Peace of Mind When the Unexpected Arises"},"content":{"rendered":"

Buying a new home might be the biggest purchase you\u2019ll ever make, and for those who choose to purchase a new condominium or a townhome, you\u2019ll need insurance that covers personal property and liability so that your investment is protected.<\/p>\n

Although the strata corporation for your new home will have insurance (and you share this insurance with the other homeowners in building), it only covers items that are part of the building itself, like common areas, parking garages, gyms, swimming pools and the like. What about your personal belongings, or if you cause damage to your neighbour\u2019s property or if someone is injured while visiting your home? These things are not covered by the strata corporation\u2019s insurance \u2014 it is your responsibility to make sure you are covered by your own personal condo insurance policy.<\/p>\n

What\u2019s covered with condo insurance?<\/strong>
\nMany essential items are covered when you purchase condo insurance, such as unit improvements and upgrades, personal property inside your home and storage locker, third-party liability, and additional living expenses during a repair period if your condo is unfit to live in.<\/p>\n

Unit Improvements and Upgrades<\/strong>
\nThis portion of your insurance will cover you if something goes awry while improving your unit or performing minor alterations to your home, like adding millwork, or painting the walls to personalize your new space.<\/p>\n

Personal Property<\/strong>
\nThe contents inside your home must be insured under your personal insurance. Your personal items will be protected against water damage and other types of loss, like theft. Items could include electronics, clothing, household goods, paintings, and furniture.<\/p>\n

Third-Party Liability<\/strong>
\nIf you forget to turn off the faucet in your kitchen sink, and it causes water damage to a neighbour\u2019s unit below you, they have the option of suing you for damages. This part of your coverage will protect you from that, as well liability against a visitor being injured while inside your home.<\/p>\n

Additional Living Expenses<\/strong>
\nImagine if your home suffered damage so bad that you weren\u2019t allowed inside, let alone allowed to live in it? The out-of-pocket expenses for temporary accommodations could be immense! This portion of the condo insurance could cover your hotel costs and living expenses.<\/p>\n

As you can see, your own condo insurance covers a wide range of items that are crucial to your personal liability, and for the liability of your new home. Speak to your neighbourhood property insurance for the right coverage that will protect your assets and give you peace-of-mind for your new home.<\/p>\n

Insuring Your New Condo<\/a> by MAC Marketing Solutions<\/p>\n","protected":false},"excerpt":{"rendered":"

Buying a new home might be the biggest purchase you\u2019ll ever make, and for those who choose to purchase a new condominium or a townhome, you\u2019ll need insurance that covers … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-3350","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"\nInsuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Insuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Buying a new home might be the biggest purchase you\u2019ll ever make, and for those who choose to purchase a new condominium or a townhome, you\u2019ll need insurance that covers … [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Insuring Your New Condo – Peace of Mind When the Unexpected Arises\",\"datePublished\":\"2016-09-14T22:15:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/\"},\"wordCount\":441,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/\",\"name\":\"Insuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"datePublished\":\"2016-09-14T22:15:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2016\\\/09\\\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insuring Your New Condo – Peace of Mind When the Unexpected Arises\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling & Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Insuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/","twitter_card":"summary_large_image","twitter_title":"Insuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty","twitter_description":"Buying a new home might be the biggest purchase you\u2019ll ever make, and for those who choose to purchase a new condominium or a townhome, you\u2019ll need insurance that covers … [read more]","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"Insuring Your New Condo – Peace of Mind When the Unexpected Arises","datePublished":"2016-09-14T22:15:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/"},"wordCount":441,"commentCount":0,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"articleSection":["Real Estate"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/","url":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/","name":"Insuring Your New Condo - Peace of Mind When the Unexpected Arises • Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"datePublished":"2016-09-14T22:15:02+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2016\/09\/insuring-your-new-condo-peace-of-mind-when-the-unexpected-arises\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"Insuring Your New Condo – Peace of Mind When the Unexpected Arises"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling & Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/3350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=3350"}],"version-history":[{"count":2,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/3350\/revisions"}],"predecessor-version":[{"id":3352,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/3350\/revisions\/3352"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=3350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=3350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=3350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}