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Condo insurance that customers love and trust
Square One Insurance Services offers the only condo insurance policy in North America that can be personalized to your individual needs. We provide a broad range of options that will meet virtually everyone’s unique circumstances. After writing 11,134 reviews and rating Square One 4.7 stars out of 5, it’s clear customers love the way we’re changing home insurance.
As a condo owner, you have unique insurance needs. In addition to protecting your personal property, you need protection for improvements made to your unit, insurance assessments from your condo corporation, and damages to other units that originated from yours.
Provided below is information on the various coverages and deductibles our condo insurance policy offers, and the loss types it insures against. Policies start at $40/month. To see how much you can save with Square One, get a personalized online quote now.
Wondering what people are saying about us? Here are some of the reviews that contribute to our average rating of 4.7 stars out of 5. Want to read more? Visit our reviews page.
I honestly never write reviews but this was the best experience I've had buying insurance or anything! Claire was very thorough, professional and even funny. Yes, funny! Nice to talk to someone who isn't like a robot. The services they offer are also very fair and we're more than happy. Highly recommend.
I would like to thank Shawn. He was such a great help during the entire process. This is my first ever insurance claim in my entire 12 plus years of home ownership. He provided good insight into the process and procedures. I'm thankful to have Shawn assist with my claim and walk me through this potentially stressful situation. The responses were prompt and professional. Truly appreciate the outstanding service.
I came across Square One while searching for a new provider. My current provider decided to increase my premium to $600/year with no explanation. I am claims-free and nothing had changed. Their broker was also less than helpful. The process with Square One is so easy, absolutely anyone can do it. Not only am I saving the $600/year increase, but my policy is even $70 cheaper than what I was paying for the same coverage! I only wish I had found this company sooner!
After many hours of research, frustration, pleading and angst, I found Square One and Armine. Most insurance providers have the same blanket policies and prices. Square One has the common sense to offer a personalized policy. You don't have to pay for more than you want, just what you need. And Armine is a credit to the company. Thank you very much.
Admittedly I'm hard to impress and have high expectations for companies when trying to solve problems I'm experiencing. That said, after calling Square One, I was met with a professional who was able to efficiently communicate and address my needs without issue. Alan was fantastic to speak to and well informed about the services I could be offered, without any type of sales pitch which is usually the expectation for these calls. I can't speak highly enough about the interaction and it certainly kicked things off well.
It's always a pain to take time out of your day to drop everything and sit on a phone for 20-30 minutes changing everything over. The online way of doing insurance is amazing and Square One does it the best.
I recently made the switch to Square One last year. I'll be honest, I had my doubts. After being with my previous insurance company for over 15 years, I was worried because the price was much lower than I previously had been paying. When I had to make a claim, my adjuster (Garry) went above and beyond any customer service I had ever received before. He was patient and understanding of my situation and he truly did care. From the beginning of my claim right to the end,
The entire claims process was extremely easy to do online and the adjuster, Erick, was very helpful and professional. I was impressed with how fast everything was reviewed and approved. I even received an e-transfer of the funds so didn't have to wait for a cheque. I highly recommend Square One as an insurance provider.
I was tired of high home insurance costs, so I decided to go online and search for more affordable insurance options in BC. In less than 5 minutes, I came across Square One. First, I was sceptical; it looked too good to be true, but I decided to give it a try. They customized the policy to my particular needs. I had been a customer for 2 years when somebody broke into our home. I phoned Square One right away and the adjuster helped us throughout the whole process of
Great service. I called about the advertised $12/month tenant insurance. In two minutes, an agent was able to verify that I qualified, explain the policy, answer questions and issue the policy. For my living situation, this policy has a better rate and better conditions than three other companies I looked into.
Learn how you’re protected
with Square One
When you buy condo insurance from us, the experience is straightforward from quote to claim. Learn more below about the coverages, deductibles, protection and claim service offered by Square One. You can also download sample policy wordings.
Personal property and specialty coverages. Traditional providers don't give you much control when it comes to insuring the contents of your home. They include pre-packaged protection that is based on your house's rebuild cost. And, they automatically include protection for specialty property whether you own it or not.
At Square One, you decide what specialty property you insure and for how much. You also decide how much protection you need for your most common personal property, which includes appliances, electronics, furniture and clothing.
Bicycles, sporting equipment and watercraft: This optional coverage protects any personal and portable equipment used for athletic or recreational activities. This includes cycling, equestrian, fishing, golf, hang-gliding, hockey, hunting, paragliding, shooting, skating, skiing, snowboarding, surfing and windsurfing. It also protects commercially manufactured boats, canoes and kayaks. Any watercraft must be no more than 20 feet in length and, if motorized, must have no more than 100 horsepower in total. And, it protects related property like accessories, equipment and trailers.
Business property: This optional coverage protects any property that you use as part of your trade, profession or occupation. If used for both business and personal purposes, it must be insured as business property. Note that this coverage does not protect business operations/exposures in any other way.
Fine arts and collectibles: This optional coverage protects visual art, including paintings, sculptures, drawings, limited edition prints, and other pieces that cannot be easily replaced, like hand-woven or hand-knotted rugs or carpets made in Asia. It also protects any items collected as a hobby, for display, or as an investment, whose value may appreciate, including sports card collections, first edition books, and coin collections. And, it protects any porcelain ware, plates, cups, saucers that are used on special occasions; eating and serving utensils made of silver that are also used on special occasions; and figurines made of porcelain or ceramic material.
Jewellery and watches: This optional coverage protects objects designed for the adornment of the body, including necklaces, bracelets, rings, earrings, watches and precious stones.
Condo coverages. With Square One, you get the best condo insurance in Canada. You know that saying, “You get what you pay for?” It’s true. Our policy may cost a little more, but it’s there when you need it. Our condo owner’s protection coverage includes:
Blanket coverage for all condo damage: You select a single limit that covers damage to your unit and its improvements as well as insurance assessments from your condo corporation.
Expert review of your needs: Send us your condo corporation's commercial insurance policy and we’ll determine what you need to be properly protected.
Legal advice helpline: Have an issue with a building bylaw or a noisy neighbour? Our policy includes unlimited access to a legal advice helpline for any condo-related issue.
Other coverages. There are a few other coverages that are essential to any insurance policy, including liability protection.
Identity theft and financial loss: Protects against financial losses resulting from the theft of your identity. Also protects against expenses incurred to fix your personal credit rating after your identity has been stolen.
Legal protection: This optional coverage provides unlimited access to a telephone helpline through which you can receive legal or tax advice relating to any personal matter, except those relating to automobiles. In some cases, it also protects against legal costs to pursue or defend your personal rights.
Policy deductibles. A policy deductible is the amount you must pay before your home insurance policy will respond. For example, if your $2,500 laptop is stolen and the claim is subject to a $1,000 deductible, you must pay the first $1,000 and your policy will cover the remaining $1,500. The higher the deductible you select, the lower the premium you pay on your insurance.
Below are the various deductibles that may apply. It's important to note that only one deductible applies per claim even if payments are made under multiple policy coverages. The type of loss will determine the deductible that applies.
Earthquake: This deductible applies to each insured loss resulting from an earthquake. While earthquakes don't happen often, they cause significant damage when they do. As such, earthquake deductibles tend to be higher than those for other types of loss. Depending on where you live, you may be presented with a couple options.
Inland flood: This deductible applies to each insured loss resulting from an inland flood. If this deductible applies, you may be presented with a couple options. Please note that not all areas are eligible for inland flood protection.
Comprehensive protection. At Square One, you get a comprehensive (all-risk) policy. That means you're protected against all types of loss, except for those listed in the exclusions. Commonly covered losses include break-ins, burst pipes, hailstorms, fires, and more. Commonly excluded losses include coastal floods, repeated leakage, and wear and tear.
For complete details on what is and isn’t covered, please refer to your policy wordings or download our sample wordings.
Download sample policy wordingsMaking a claim. You buy insurance for peace-of-mind, so if you do need to make a claim we believe it should be simple and stress-free. That's why all Square One customers are protected by our commitment to handling claims fairly:
Recently purchased policies
Find out how affordable personalized condo insurance can be in 5 minutes with an online quote. Or call us at 1.855.331.6933 to speak to a licensed agent.