High Value Condo Insurance

At Westland, we know that your condo and belongings represent your most valuable possessions. Which is why you need to have adequate coverage and a solid insurance company standing behind your policy.

We also know that, like insurance policies, not all condos are created equal. Which is why our High Value Condo Insurance might be exactly what you need to protect your unique home. See how we stack up against our competitors’ condo insurance policies.

Westland Key Features and Benefits

All Risk or Comprehensive Policy	We cover your contents for “all risks”, not specific losses or “perils”
Earthquake, snowslide, landslide	We cover damage to contents plus mass evacuation expenses caused by earthquake, snowslide, landslide or other earth movement
Off Premises coverage - contents	We insure your contents both while temporarily away from your premises AND while permanently at another uninsured location (worldwide). This includes student property while at school.
Replacement Cost – on contents	We pay based on Replacement Cost on your contents, with no allowance for depreciation, even if you choose a cash settlement instead of replacing the items.
Bylaws(Rebuilding to Code)	We cover additional costs to bring your Strata Unit up to current building standards in the event of a loss.
Special Levy Coverage	We cover any special levy assessed by the Strata Corp. made necessary by a direct loss to the complex, caused by an insured peril or assessed due to a liability loss.
Improvement and Betterments	We cover any improvements to your unit that are not covered by the Strata Corp.
Unit Owners Protection	We cover direct damage to your unit, by an insured peril, if the Strata Corp. policy is inadequate.
No Deductible for Losses over $50,000
Temporary Relocation Costs Protection	We cover your additional expenses if you need to move out of your home as a result of an insured loss
Liberalization Clause	If we increase any included coverage, you immediately get that coverage – at no extra charge.

Westland High Value Condo Insurance Comparison
Feature	Westland	Standard Competitor Policy
Personal Liability – including Personal Injury	$5 million included with base policy	$1 million or less included with base policy – not including Personal Injury
Silverware	No limit	$25,000 or less
Bicycles	No limit	$1,000 per item or less
Theft from Vehicle	No limit	$3,000 or less
Personal Computer Hardware	No limit	$5,000 or less
Spoilage of food in refrigerator or freezer	No limit	$1,000 or less
Wine Spoilage	$5,000	Not available
Student Property	No limit	$3,000 or less
Property in Storage	No limit	Not available. Must buy separate storage policy
Parent Property	$5,000	Not available
Property in a Nursing Home	$5,000	Not available
Credit/ Debit Card Protection	$10,000	$10,000 or less
Identity Fraud Expenses	$25,000	Must buy a separate coverage
Fungi or Spore Remediation Expenses	$10,000	Not available
Search and Rescue	$5,000	Not available
Jewelry	$10,000	$5,000 or less

Legal Assist Program		N/A
Extended Care Facility Protection – Contents		N/A
Contents in Storage		N/A
Cash Replacement Option		N/A