The Best Condo Insurance Quotes in Ottawa

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• Average condo insurance cost in Ottawa 2026
• 2026 condo insurance cost in Ottawa vs. Ontario’s biggest cities
• 2026 average condo insurance prices in Ottawa by forward sortation area (FSA)
• Ottawa condo insurance 101
• What will your Ottawa condo insurance cover?
• Condo insurance add-ons in Ottawa
• What’s not covered for condo insurance in Ottawa?
• Factors that affect your Ottawa condo insurance
• Frequently asked questions about condo insurance in Ottawa

Ottawa condo insurance 101

If you live in a condo, it's worth protecting your individual unit with insurance beyond any coverage your condo corporation has for the building itself.

Condo insurance is not a legal requirement in Canada, but you’ll be relieved you have it if there’s an unexpected problem that affects your home, its contents, you and anyone visiting your home.

Your condo insurance rate will be determined by a range of factors, including the policy type and coverage amounts you select, as well as details about the property you’re insuring and your personal claims history.

What will your Ottawa condo insurance cover?

Ottawa condo owners looking for coverage will find the following protection included in most condo policies:

• Additional living expenses: Also known as ALE, this covers costs the policyholder may have to assume if they’re forced to live elsewhere following an insured loss. For example, if the condo unit is damaged in a fire, costs associated with having to temporarily live outside the unit will be covered.
   
• Additional protection: Offers protection for parts of the unit that are not protected by the building’s insurance such as a glass door that opens onto a balcony.
   
• Personal liability: Covers damages if someone is accidentally injured in the unit.
   
• Personal property: Protects the contents of the unit, including clothing, furniture and entertainment equipment.

Condo insurance add-ons in Ottawa

Some additional coverage to consider purchasing for condo owners in Ottawa includes:

• Condo board: Protection if you’re a member of your condo board and are sued.
   
• Earthquake: Protection in the event of the earth shaking.
   
• Identity theft: Protection if your private information is compromised and used in a crime.
   
• Overland flooding: Refers to protection for damage caused by water overflowing from a nearby river or lake.
   
• Personal property: Protection for any personal property inside your unit, especially valuable belongings.
   
• Sewer back-up: Includes protection for damage caused by sewage seeping into the condo when the water table is overwhelmed. Be aware that on its own, your condo insurance policy won’t include sewer backup protection. For maximum protection, you’ll need to add it to your policy. Without it, you may not be fully protected — particularly if you’ve updated your unit.
   
• Unit betterments: Covers you for any upgrades that you, or the previous owner, have made to your condo unit.
   
• Unit loss: Protects you financially, up to a limit, for any charges you receive following damage not covered by the condo building’s insurance or another unit holder’s insurance.

What’s not covered for condo insurance in Ottawa?

Most home insurance policies have exclusions, which are perils that are not covered.

Two of the most common exclusions are for flooding and earthquakes. If you’re seeking protection against either peril, you must purchase additional coverage.

While the water damage protection offered in most policies will protect your unit and belongings if your unit is damaged when a water pipe bursts unexpectedly, it likely won’t protect you if a nearby river overflows and water enters your unit.

If your condo is on a lower level of the building, we encourage you to consider adding additional overland flood protection to your policy.

Due to an increasing volume of severe weather incidents across Canada, overland flooding protection is a good idea for owners and residents of every type of home: houses, condos, townhouses and rental units.

Factors that affect your Ottawa condo insurance

Insurance rates can change a lot depending on where you live, even within a city like Ottawa. Here are some of the factors that might impact impact your premium Ottawa:

• Severe weather: A greater volume of severe weather events is part of the problem. Many insurance providers are revisiting the coverage they’re providing, and are cancelling or declining to renew policies for homes in locales they now deem vulnerable.
   
• Construction costs: Construction costs have been soaring since the beginning of the pandemic. Residential building construction costs – which reflect the value of all materials, labour, equipment, overhead and profit to construct a building – have gone up 61% between 2024 and 2019. Those costs are being passed on to the consumer. For example, a condo owner may have chosen to upgrade their unit, paid more for materials and, unwittingly, increased the cost of their home insurance. Condo insurance policies generally protect the original construction of the unit. Coverage for unit betterments is often an additional cost.
   
• Low interest rates: The cost of condo insurance is also going up due to consistently low interest rates, which are reducing the amount of revenue insurance companies receive from their investments.
   
• Increasing deductibles: Condo owners may also end up paying more overall to insure their units if their building’s condo board has increased the deductible for the building’s insurance policy, which often covers the structure, exterior and common areas such as elevators, hallways and the lobby.