Condominium living comes with its own set of insurance needs, and McDougall Insurance is here to ensure you’re covered. With our extensive industry experience and knowledge, we provide tailored advice to meet the unique requirements of Ontario condo owners. Many condo unit owners may not realize...
Additional condo services where we can help includeCondo Owner Insurance,Condo Tenant Insurance,and much more. Planning to buy a condo? Condo reviews will help. If you are looking for condos for sale in Toronto or in any other location in Canada, it is not enough to know only the hard fa...
the condominium association levies a special assessment against each unit owner. Because there are 50 unit owners, each owner must pay $20,000 towards the suit (50 owners x $20,000 = $1,000,000). Loss assessment coverage would pay, up to the specified liability coverage limit, the $20,...
” suggests Henry Karimi, a real estate veteran who oversees real estate operations at CondoEssentials, “but what you cannot find out from them is how it actually feels to live in each condo. Only those with first-hand experience, such as condo tenants and owners...
Do you as a condo board director know enough about condo insurance coverage for your condo corporation or association? Find out about condo board responsibility, and what you should be looking out for when buying an insurance policy for your condo corpor
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While the biggest losers in a Toronto condominium bubble collapse would be the owners of the property – there will be fallout to other stake holders (looking to the US for clear examples) including banks, federal insurance programs, and the condominium complexes (abandoned units which don’t pa...
Filichia Insurance Agency and Ace hardware Both Suck! Need abad insurance agent? Don’t have enough problems in your life? Then, consider Filichia Insurance Agency, where their policy is Screw ‘Em, Then Sue ‘Em. We complained about them; they filed a lawsuit against us. Review our complai...
We are concerned our insurance may be at risk next, and the cost has increased by 50 per cent from three major water claims, resulting from failed plumbing systems. Ourdeductiblesare now $250,000, so we are basically self-insured for normal claims, and owners will be left to their own ...
The second function of the condo board is to resolve disputes between the condo units’ owners. In conclusion, having understood the process of buying a condo unit in Canada, always expect delays before you can move into your unit and think resale when the right price is offered. Related ...