Strata and condo insurance quotes for Big White
Compare brokerages that insure Big White condos, townhomes, chalets and bare-land stratas. Know what a typical policy covers and what to ask before you buy.
Request a quote
Choose one or more brokerages. We send each of them your request, along with the building and unit details below, so you don't repeat yourself.
How it works
1. Pick a brokerageChoose one or more from the list above.
2. Send one requestYour details and the unit and building details go to each brokerage you choose.
3. Compare coverage, not just priceCheck the deductible, coverage limits and exclusions side by side.
What strata owner's insurance covers
The strata corporation insures the building. Your own policy typically covers things the strata policy does not:
- Your belongings, furniture and personal items
- Improvements you made to the unit, such as flooring, cabinets and fixtures
- Your share of the strata's insurance deductible if a claim is made (loss assessment)
- Personal liability
- Additional living expenses if you cannot stay in the unit after a covered loss
For a freehold home or a bare-land strata, you insure the whole property, so the policy is called property insurance and costs more.
What affects the cost at Big White
- Size of the unit and the value of what you want covered
- Whether you live there, rent it long-term, or use short-term rentals
- Your deductible and your loss assessment coverage
- The age and type of the building, and its heating system
- Claims history and the strata's own deductible
The cost estimate on each listing page uses a simple rule based on square footage. Only a quote from a broker is a real price.
Common questions
Does my strata fee already include insurance?
The strata fee usually pays for the building's insurance. It does not cover your belongings, improvements or liability.
Do I need insurance to buy a condo?
Your lender will normally require proof of insurance before closing. Ask the brokerage early so it is ready.
What is a loss assessment?
If the strata's deductible is large after a claim, the strata can charge owners their share. Loss assessment coverage helps pay that charge.
Can I insure a unit I rent out nightly?
Many standard policies exclude short-term rental. Tell the broker how you plan to use the unit.
Disclosure. Joshua Elliott and REMAX Kelowna do not accept referral fees from insurance brokerages. Listing order does not reflect a recommendation. This page is general information and not insurance advice.
