With decades of experience serving Canadian businesses, KBD delivers condo corporation insurance coverage that protects condominium buildings, owners, and peace of mind.
We guide condo syndicates to meet provincial insurance requirements. Speak with our commercial insurance team today.
Speak with a broker.
Our licensed commercial insurance brokers are experienced in condo syndicate coverage for buildings across Quebec. We’ll start with a conversation to understand your property, your board’s priorities, and the risks you need protection against.
Evaluate your needs.
Your dedicated broker will review your syndicate’s legal requirements and current coverage, then shop the market on your behalf. We ensure your policy includes everything required under Quebec law, from building reconstruction, to liability coverage, and more.
Select your policy.
Once we’ve gathered the details, we’ll provide a tailored quote that reflects your building’s unique needs. Our team offers quick turnaround times and a seamless process, so that your board can get back to running the condo property with confidence.
We compare rates from Canada’s leading commercial insurance companies
Condo corporation insurance that checks all of the boxes.
KBD is a commercial insurance broker with over 40 years of experience serving property and business owners in Quebec.
We offer complete insurance coverage to condo syndicates located throughout the province. Speak with a broker today about condominium owners association insurance.
Speak with the same commercial insurance expert, every time you call.
Your personal commercial insurance specialist, here when you need us.
At KBD, we aim to provide clients with a white-glove service from start to finish. That means personalized guidance every step of the way. A dedicated commercial insurance broker will be assigned to work with you to ensure you get the precise coverages you need.
We take the guesswork out of compliance, ensuring your coverage aligns with provincial condo corporation regulations:
Building reconstruction insurance
This coverage ensures your building can be fully rebuilt to its original state after a major loss. It includes common areas, structural elements, and standard units, which protects the investment of all co-owners and prevents disputes about repair or rebuilding responsibilities.
Commercial General Liability
CGL insurance safeguards your syndicate and board members against claims for bodily injury or property damage that occur in common areas of the building. It covers legal costs, settlements, and judgements. With this coverage, both the syndicate’s finances and the personal liability of condo board members are protected.
Coverage for ordinary risks
This coverage protects the building against everyday risks like fire, theft, vandalism, and most water damage. It ensures the shared property, facilities, and amenities can be repaired quickly, minimizing disruption for residents and helping to maintain the building’s long-term value.
Additional requirements
Our team provides guidance on additional regulations in Quebec. For Quebec syndicates this includes having a self-insurance (deductible) fund, a certified appraisal every five years as per Quebec law, and a clear description of each unit’s standard condition, to separate what the syndicate insures versus what individual condo owners are responsible for.
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Building reconstruction insuranceThis coverage ensures your building can be fully rebuilt to its original state after a major loss. It includes common areas, structural elements, and standard units, which protects the investment of all co-owners and prevents disputes about repair or rebuilding responsibilities.
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Commercial General LiabilityCGL insurance safeguards your syndicate and board members against claims for bodily injury or property damage that occur in common areas of the building. It covers legal costs, settlements, and judgements. With this coverage, both the syndicate’s finances and the personal liability of condo board members are protected.
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Coverage for ordinary risksThis coverage protects the building against everyday risks like fire, theft, vandalism, and most water damage. It ensures the shared property, facilities, and amenities can be repaired quickly, minimizing disruption for residents and helping to maintain the building’s long-term value.
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Additional requirementsOur team provides guidance on additional regulations in Quebec. For Quebec syndicates this includes having a self-insurance (deductible) fund, a certified appraisal every five years as per Quebec law, and a clear description of each unit’s standard condition, to separate what the syndicate insures versus what individual condo owners are responsible for.
Reasons to love KBD Insurance
Personalized service.
Our brokers will work with you to evaluate your condominium property, operations, and legal obligations to provide tailored coverage. We ensure your syndicate receives protection designed around its unique needs, so you can confidently manage risks.
Local business expertise.
As a client of KBD Insurance, you will work with a dedicated insurance broker assigned to your file. They’ll assess your building’s operations, required coverages, and provide ongoing support to keep your condo syndicate insurance policy aligned with evolving regulations in your province.
We shop the market for you.
As a commercial insurance broker, we partner with top Canadian insurance companies. This allows us to secure competitive condo corporation policies, ensuring your building, board members, and co-owners receive comprehensive coverage at an appropriate rate.
Our clients say it best
More than 600 5-star Google reviews.Leah N.
“Great service, very easy and well explained procedures and information needed for insurance. Jordan was great to work with, and had excellent communication skills. 10/10 recommend.”
Shawn B.
“Greg is always making sure all my insurance needs are covered. Excellent service and very responsive.. thanks again!”
Nathan T.
“My first time ever getting insurance for a car and it was super simple. I spoke to Erika who was super nice and answered all my questions, and provided everything I needed!”
Brian B.
“Great experience. As a new to Quebec driver who just bought a car I got my insurance processed over the phone in less than 20 minutes. Very efficient, easy to understand and good coverage.”
Speak with our team to get a condo syndicate insurance quote today.
Condo syndicate insurance in Quebec: frequently asked questions
What is condo syndicate insurance in Quebec?
Condo syndicate insurance is a commercial insurance policy that protects the entire condominium building, including common areas and standard private portions, against damage and liability risks.
It also provides liability protection for the syndicate and its board members, helping protect the collective interests of all co-owners.
This coverage ensures the building can be repaired or rebuilt after a loss while protecting against legal claims.
Is condo syndicate insurance required in Quebec?
Yes. Under Quebec law, every condo syndicate is required to carry insurance that covers the building at its full replacement value.
Following Bill 141, syndicates must also:
- Obtain a certified appraisal every 5 years
- Maintain a deductible (self-insurance) fund
- Define standard unit descriptions
These requirements are designed to protect co-owners and ensure financial stability in the event of a claim.
What does condo syndicate insurance cover?
A typical commercial condo insurance policy in Quebec includes:
- Building reconstruction coverage (full replacement value)
- Commercial general liability (CGL)
- Coverage for common areas and shared assets
It protects against risks such as fire, water damage, theft, and certain types of property damage.
Additional coverages may be added depending on the building’s needs, including directors and officers liability and optional protections like flood or earthquake insurance.
How much does condo syndicate insurance cost in Quebec?
The cost of condo syndicate insurance varies based on factors such as building size, age, construction type, location, and claims history.
Unlike individual condo insurance, syndicate policies are significantly higher because they cover the entire building and shared liability.
A broker can help compare quotes and find the most competitive rate for your property.
What is condo syndicate insurance in Quebec?
Condo syndicate insurance is a commercial insurance policy that protects the entire condominium building, including common areas and standard private portions, against damage and liability risks.
It also provides liability protection for the syndicate and its board members, helping protect the collective interests of all co-owners.
This coverage ensures the building can be repaired or rebuilt after a loss while protecting against legal claims.
What does condo syndicate insurance cover?
A typical commercial condo insurance policy in Quebec includes:
- Building reconstruction coverage (full replacement value)
- Commercial general liability (CGL)
- Coverage for common areas and shared assets
It protects against risks such as fire, water damage, theft, and certain types of property damage.
Additional coverages may be added depending on the building’s needs, including directors and officers liability and optional protections like flood or earthquake insurance.
Is condo syndicate insurance required in Quebec?
Yes. Under Quebec law, every condo syndicate is required to carry insurance that covers the building at its full replacement value.
Following Bill 141, syndicates must also:
- Obtain a certified appraisal every 5 years
- Maintain a deductible (self-insurance) fund
- Define standard unit descriptions
These requirements are designed to protect co-owners and ensure financial stability in the event of a claim.
How much does condo syndicate insurance cost in Quebec?
The cost of condo syndicate insurance varies based on factors such as building size, age, construction type, location, and claims history.
Unlike individual condo insurance, syndicate policies are significantly higher because they cover the entire building and shared liability.
A broker can help compare quotes and find the most competitive rate for your property.