Condo Unit Owners

Unit owners are responsible for some risks not covered under the building's strata insurance. CapriCMW's unit owner's insurance policy protects you from these risks through various coverage options:

Property Loss Assessment

If there is loss in the building and the strata's insurance doesn't cover all costs, unit owners are responsible for the difference, and could even be held responsible to pay the deductible on the strata's policy. You could be required to pay thousands of dollars out of your own pocket in these circumstances. Loss assessment coverage is available to pay these expenses.

Excess Loss Assessment

Typically, condo insurance policies include some level of Loss Assessment coverage, but with today's rising Strata Corporation deductibles, condo owners are often looking to increase their limit. Learn more about Excess Loss Assessment coverage, and get a quote online.

Personal Property and Unit Owners Improvements and Betterments

Any losses you experience to the contents of your unit are not covered under the strata's insurance for the building. Our unit owner's policy provides coverage for your personal belongings within your unit as well as any enhancements you make, such as floor covering updates, new or additional built-in closets, cabinetry or counter tops.

Personal Liability

This covers your unintentional personal actions anywhere in the world that lead to you being held liable for bodily injury or property damage.

Additional Living Expenses

In the event of a serious loss to your building, you may be required to temporarily move out of your unit during repairs. Your moving, storage, meals and lodging expenses would all be covered.

Meet the Strata Team

CapriCMW's specialized Strata Risk Advisors have decades of experience in the industry and are here to help you navigate the complex world of Strata and Real Estate Insurance and Risk Management. 

Kevin Casey
Gordon Li
Roz Phipps
Grant Pritchard
Danielle Russell

Cyber Liability Resources

Business Insurance / Cyber Insurance, cybersecurity, COVID-19, remote working
Cybersecurity Risks of Employees Working From Home

Following the outbreak of COVID-19, the growing trend of employees working from home has become the new norm in organizations worldwide. Cyber criminals are more active than ever and taking the opportunities presented by an increase in remote working to…

Aug 5th, 2020 | By: CapriCMW
Business Insurance / Cyber Insurance, Construction, Webinar
Webinar: Impact of Cyber Crime on Developers, Contractors and Trades

CapriCMW's Construction Risk Advisors were joined by a panel of experts to discuss how cyber crime and privacy breaches are affecting developers, contractors and trades from legal, compliance, risk management and financial perspectives.

May 22nd, 2020 | By: CapriCMW
Business Insurance / Cyber Insurance, data breach, ransomware
Video: How to Protect Your Organization Against Ransomware

Ransomware is one of the most damaging types of cyber attacks and cyber criminals are becoming more sophisticated. CapriCMW's Sean Graham explains how ransomware works, and how you can protect your organization.

Jan 22nd, 2020 | By: CapriCMW
Business Insurance / Cyber Insurance
Video: How to Protect Your Business Against Social Engineering Fraud

CapriCMW's James Brown explains social engineering fraud and how you can protect your business.

Sep 4th, 2019 | By: CapriCMW
Business Insights / Cyber Insurance, data breach, cybersecurity, SME
Government of Canada Introduces Cybersecurity Certification Program for Small and Mid-Sized Businesses

On August 12, 2019, the Government of Canada launched CyberSecure Canada, a cybersecurity certification program targeted to small and mid-sized businesses.

Aug 30th, 2019 | By: CapriCMW
Personal Insurance / Cyber Insurance, cybersecurity
Protect You and Your Family Against Cyber Crimes

In today's digitally connected world, we have more and more of our sensitive, personal information stored electronically and online. With all the ways technology has enhanced our lives, it's also opened the doors for identity theft, hacking, cybercrime,…

Nov 28th, 2018 | By: CapriCMW

Talk to an Advisor

Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.

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