Certificate of Insurance and Winterization Notice

Attached is the Certificate of Insurance which covers the Condominium for the period of October 31, 2021 to October 31, 2022.The condominium insures the units for improvements and betterments made to the units by the developer but not for improvements made by the Owner; this is an Owner’s responsibility.

We ask that you check the deductible amounts, particularly for water and sewer claims, which are $25,000 and $25,000 respectively. Your attention is drawn to this because depending the cause of an insurance claim, the responsibility for the deductible could rest with you, the Unit Owner.

It is suggested that you speak to your homeowner’s insurance agent to find out if you are covered for any of the Condominium’s deductible should there be a claim where you are found responsible. This type of covered (called a buy-down rider) is available from some issuers and could reduce your exposure.


Supposing the Board of directors has determined that a deductible on a water claim is the Unit Owner’s responsibility and the total claim is $30,000.00 and the Condominium Corporation’s deductible is $25,000.00. Now assuming the Owner’s personal policy has a deductible of $500.00 with a buy-down rider in place, the Unit Owner would be responsible for the first $500.00 of the deductible, the Owner’s insurance company would pay the next $24,500.00 on behalf of the unit Owner and the Corporation’s insurance company would pay the balance of $5000.00 on this claim.

If you have any further questions, please contact Greg Birrell at greg@connellymanagement.com.


Connelly Management

Per: Greg Birrell

Agent for: Condominium Corporation No. 0411273

MEH - Certificate of Insurance and Winter Preparedness 2021.pdf