Sentences with phrase «canadian condo owners»
This is a curve ball that just isn't fair to Canadian condo owners.»
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A recent poll by Allstate Insurance Company of Canada and Abacus Data found that 61 % of Canadian condo owners either don't know or incorrectly assume that if a flood or a fire starts in their unit, the building's insurance will cover the damages to other units.
Most buildings bill the owners to cover the condo corporation's insurance deductible on a large claim, but many Canadian condo owners don't realize they will be responsible for these costs.
Not exact matches
Most Canadians carry typical home / tenants / condo unit owner's policies providing coverage for their physical assets (fire, water damage, etc) and liability coverage against third party claims such as a slip & fall on one's premises / property.