By continuing your navigation, you accept the use of cookies to have services and offers tailored to your interests.
To learn more view our Cookie Policy.
A corporation authorized by the “Autorité des marchés financiers” (the Financial Market Authority) to exercise in the field of insurance in Québec, issue insurance policies and collect premiums.
01/10/2024
Recently, I was confronted with a situation that raises important questions regarding insurance in divided co-ownership. After a loss caused by torrential rains, a co-owner refused to allow the contractor designated by the insurer to intervene in their private portion, preferring to hire their own contractor. This case led me…...
10/05/2024
A co-ownership may face a multitude of risks such as fires, water damages, break-ins and acts of vandalism. In the event of a loss, the co-ownership's insurance plays an essential role in ensuring its sustainability and so, by covering not only the immovable itself but also the civil liability of the syndicate of…...
20/03/2024
Management of water heaters management in a co-ownership (condominium) requires meticulous organization including maintaining an installation registry and collaborating with the co-owners and so, in accordance with the provisions of the declaration of co-ownership; this document usually mentions that any intervention on a water heater such as its replacement must be approved by the board of directors to…...
13/03/2024
Water damages are the leading cause of loss ratio in co-ownerships (condominiums); they are also becoming more and more expensive and so, whether it concerns the syndicates of co-owners or their insurers. For reference, over the past decade, the proportion of water damages has more than doubled in immovables of co-ownerships. In order to limit the…...
16/07/2023
We had water damage that damaged an apartment. The board has agreed to pay for the repairs, but we're having trouble agreeing with the co-owner on the scope of the paint job in his apartment. We offered the co-owner the restoration of the damaged wall, but the co-owner wants all…...
02/10/2021
Le mercredi 29 septembre 2021, la Webradio de Condolegal.com était entièrement dédiée à un sujet complexe : l'assurance des copropriétaires (êtes-vous bien protégés?). La question des assurances pour les copropriétaires (assurance-habitation) est un sujet délicat, car peu de copropriétaires sont conscients que ce type de produits d’assurances n'est pas homogène d'un assureur à l'autre.…...
12/02/2021
Les copropriétés qui perdent leur assureur ne sont plus des cas isolés. Si la plupart d'entre elles parviennent à en trouver un autre pour recadrer le risque, les primes et les franchises n'en demeurent pas moins substantielles....