Condo Insurance
1.
What area of Ontario best describes where your condo is located?
GTA
(including Toronto, York, Peel, Halton, Durham....)
Eastern Ontario
(including Ottawa, Kingston, Cornwall...)
Golden Horseshoe
(including Hamilton, Burlington, St.Catharines, Milton, Caledonia, Simcoe..)
London area
(London, Sarnia, Chatham -Kent....)
Windsor-Essex county
(Windsor etc...)
Huronia
(Barrie etc...)
Grand-River
(Guelph, Waterloo, Kitchener, Cambridge, Brantford...)
Northern Ontario
(Sudbury, North-Bay, Timmins...)
NorthWestern Ontario
(Thunder Bay etc...)
Not sure
Outside of Ontario
Other (please specify)
2.
What city is your condo corporation located in?
3.
What is your condo corporation number? This information is required for survey purposes only and to identify duplicates. It will
not
be shared or made public. Please ensure you include the letter component of your corporation's name (ex.: MTCC 123, YRCC 456 or OCSCC 123).
4.
What is your relationship to this condominium corporation? (Chose the one that describes you best)
I'm on the
board of directors
I'm an
owner
(but
not
on the board)
I'm a
tenant
(but
not
on the board)
I'm their condo
manager
Other (please specify)
5.
What
best
describes your condo corporation?
Town homes
Low rise (less than 5 floors)
Mid rise (5 to 10 floors)
High rise (more than 10 floors)
Common elements
Other (please specify) / feel free to comment
6.
How many units are there in your corporation? (
Don't
count parking or storage units)
Less than 25
25 to 50 units
51 to 100 units
101 to 250 units
251 to 500 units
More than 500
Please provide the number of units if you know it.
7.
How old is your condo complex (roughly)
Less than 2 years old
2-10 years old
11-20 years old
21-30 years old
31 to 40 years old
More than 40 years old
What is the year of construction if you know it?
8.
How much is your corporation's annual
insurance premium
(include taxes if possible. Using the amount appearing in your budget may help). To help us out, please use this format $1,234
9.
In the past 2 years (or so) how has your corporation's insurance
premium
changed?
It has gone down
It stayed about the same
It has gone up a bit
It has gone up a lot
I don't know
Feel free to comment
10.
If you
insurance premiums
have increased in the last 2 years or so, by roughly how much?
About the cost of living
Roughly 10%
Roughly 11% to 20%
Roughly 21 to 30%
Roughly 31% to 40%
Roughly 41% to 50%
Roughly 51% to 60%
Roughly 61% to 70%
Roughly 71% to 80%
Roughly 81% to 90%
Roughly 91% to 100%
More than 100%
I don't know
Feel free to comment
11.
If your premium has increased, what may have resulted in this increase?
12.
Have you ever lost (or almost lost) your corporation's insurance coverage (or part thereof)?
Yes
No
Don't know
If so, why? What can you tell us about this.
13.
What insurance coverage does your condo corporation have? Chose as many as applicable.
Property insurance for damage to common elements and units
Liability insurance (occupiers liability, ownership/operation of machinery, boilers... etc)
Directors and Officers liability
Volunteers insurance
Terrorism insurance
14.
What is the limit of your corporation's coverage for
general liability
?
Less than ONE million
1 million dollars
2 million dollars
3 Million dollars
4 Million Dollars
5 million dollars
More than 5 million dollars
Don't know
What's the amount if you know it
15.
What is the limit of your corporation's coverage for
Directors and officers
liability?
Less than ONE million
1 million dollars
2 million dollars
3 Million dollars
4 Million Dollars
5 million dollars
More than 5 million dollars
Don't know
What's the amount if you know it
16.
What is the limit of your corporation's coverage for
breakdown (or property damage)
liability?
Less than ONE million
Between 1 and 4.9 million dollars
Between 5 and 9.9 million dollars
Between 10 and 19.9 million dollars
Between 20 and 29.9 million dollars
Between 30 and 39.9 million dollars
Between 40 and 49.9 million dollars
More than 50 million dollars
What's the amount if you know it
17.
When is the last time you had your complex appraised for insurance purposes?
Never
Within the last 2 years
Within the last 3 to 5 years
More than 5 years ago
I don't know
Other (please specify) / feel free to comment
18.
Is your manager a named insured in your corporation's policy?
Yes
No
Don't know
We don't have a manager.
19.
In the next couple of questions, we will ask about your corporation's
insurance deductible
? That's the portion that the corporation must pay first before the insurer kicks in.
What is your corporation's deductible for
water damage?
To help us, please use this format $1,234
20.
What is your corporation's deductible for
sewer back up?
21.
What is your corporation's deductible for
flood
?
22.
What is your corporation's deductible for
earthquakes
?
23.
What is your corporation's deductible for
other perils
(standard deductible)?
24.
In the past couple of years, your corporation's insurance
deductible
has :
Stayed the same
Gone down
Gone up by a bit
Gone up by a lot
If your deductible has increased, which one has and by how much? What else can you tell us about this?
25.
Do you have an
Insurance deductible By-law
?
Yes
No
I don't know
Feel free to comment
26.
If you don't have an Insurance Deductible by-law now, have you tried (and failed) to pass such a by-law in the past?
Yes
No
Don't know
Please specify/comment.
27.
In the last 3 years of so, has your corporation made an insurance claim?
No
Yes but a minor one
More than one
Only one but a major one
I don't know
If your corporation has made an insurance claim, tell us a bit about it: What was it for; how much was the value of the claim, where you able to recover a portion of it against an owner/occupant?
28.
If your corporation has made claims in the last 3 years or so, what did the claims deal with? Check as many as applicable.
Fire in unit(s)
Fire on common elements
Sewer backup affecting units
Sewer backup affecting common elements
Water escape damaging units
Water escape damaging common elements
Earthquake, tornadoes or other similar events
Mechanical failure
Civil lawsuit
Human Rights case
Other. Please specify.
29.
Do you have a
Standard Unit By-law
? (We will ask you more questions about this).
Yes
No
I don't know
Feel free to comment
30.
If you don't have a
Standard Unit by-law
presently, have you tried (and failed) in the past to pass one?
Yes
No
Don't know
Feel free to comment
31.
If you have a
Standard Unit By-law
, when was it adopted?
In the last 2 years
More than 2 years ago
I don't know
Feel free to comment
32.
If you have a
Standard Unit By-law
, what is included in the Standard Unit? (Chose as many as apply)
Everything is
included
in the Standard unit (no exclusion)
Flooring is excluded
Hardwood floor is excluded (carpet is the standard)
Cabinetry/cupboards are excluded
Barebox - everything is excluded
I don't know
Other (please specify) or comments
33.
Please feel free to provide additional information that is relevant to your corporation's insurance. For instance, any unusual issues you had to deal with?
34.
Please provide your email address if you want to receive a copy of our analysis of the survey results. These will be mailed out once a month to those having fully completed the survey.
Current Progress,
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