Condominium insurance is indispensable to cover the damages that may occur to your building. It protects you against fires, vandalism, robbery… and includes a civil liability clause that covers loss and damage to third parties.
In addition to CL, the insurance company can provide lawyers to claim the debt when someone fails to pay or take action if a homeowner devotes a dwelling to a prohibited activity.
Did you know that the Owners Association has civil responsibility for the decisions it makes and for any loss and damage that these decisions cause to others, including homeowners? The Condominium insurance policy also covers these cases.