Coverage Chart For Strata Guard Policies

Easily answer a few questions to get your no stress, no obligation quote

Page Header

Coverage Chart For Strata Guard Policies

Coverage Description

Deductible

Amount of Insurance

REIN STRATA GUARD PROTECTION
(Condominium Unit Owners Contingent Insurance Rider—All Risks Form)
$1,000$100,000
Extended Rental Income – 24 month indemnity$1,000Actual Loss Sustained
Loss Assessment Coverage  
  • On Property—insurer will pay your share of any valid special assessment assessed by the Condominium Corporation made necessary by a loss caused by an insured peril
$1,000$100,000
  • On Property—insurer will pay your share of any valid special assessment made necessary by a deductible in the Strata Corporation Master policy
$1,000$100,000
  • On Property—insurer will pay your share of any valid special assessment made necessary by an earthquake deductible in the Strata Corporation Master policy
$1,000$25,000
  • General Liability—insurer will pay your share of any valid special assessment assessed by the Condominium Corporation
$1,000$100,000
Contents—all major appliances$1,000Included
Landlord Contents in Furnished Suite$1,000Optional
Betterments and Improvements Coverage$1,000Included
Earthquake Extension*
Varies by Location
Included
Sewer Backup & Water Damage*$2,500Included
Flood Extension*$10,000Included
Replacement Cost Endorsement$1,000Included
Vandalism by Tenants$1,000$25,000
Disappearing Deductible–losses over $10,000 (except flood, earthquake, sewer back-up, water, tenant’s vandalism or malicious damage, and hail claims)
NilIncluded
Mortgage Rate Protection$1,000Included
Power Surge Extension$1,000$25,000
Master Key Coverage$1,000$25,000
Debris Removal$1,000Included
Removal of Windstorm Debris$1,000Included
Coverage Away From Premises$1,000$25,000
Extra Expense$1,000$25,000
Tear Out Protection$1,000$25,000

Commercial General Liability

Coverage A – Bodily Injury and Property Damage – Each Occurrence$1,000$2,000,000
Coverage B – Personal and Advertising Injury LiabilityNil$2,000,000
Coverage C – Medical Payments – any one person$1,000$10,000
General Aggregate LimitNil$5,000,000
Non-Owned AutomobileNil$2,000,000

 
* Not available in all areas. Please contact us to check availability for your properties.

Note: This is a summary only. Actual coverage will be subject to the terms and conditions of the insurance policy.

© 2024 Park Insurance Agency Ltd.