Insurances of the syndicate

Your co-ownership may face a multitude of risks, such as fires, water damage, break-ins, and acts of vandalism. In the event of a disaster, the co-ownership's insurance plays a crucial role in ensuring the sustainability of the co-ownership by covering not only the building itself but also the civil liability of the syndicate of co-ownership.

It is imperative for any syndicate of co-ownership to subscribe to suitable insurance, a requirement stated in the Civil Code of Québec and reiterated by the majority of co-ownership declarations. The insurance contract specifically details the coverages offered, including coverage limits and exclusions, as well as the applicable deductibles.

The insurance contract specifies the guarantees offered, the insurance limit, and the exclusions of guarantees, not to mention the amounts attributable to deductibles.

Your syndicate must subscribe the following coverages :