DEEP COVE INSURANCE
Fawcett InsuranceAre you covered? We make sure!
Condo Townhouse Insurance
Ownership in a stratified dwelling presents a different set of risks for an owner for property and liability. When you are the owner of a unit in a strata you are responsible for your own Personal Property (contents), Additional Living Expenses (when the home is uninhabitable due to a claim) and Personal Liability which is provided on a worldwide basis (including legal costs) if it is the principal residence.
Additional property coverage unique to condo owners includes;
- coverage for the Strata Corporation deductible (in the event you are required to contribute to pay for damage to the building insured by the Strata policy with varying limits available),
- Unit Improvements & Betterments (any upgrades done to the unit after original construction),
- Loss Assessment (for any damages levied against by the Strata Corporation for damages you are liable for)
- Unit Additional Protection (covers any shortfall on the Strata Corporation policy which would create financial loss for your unit).
Many discounts are available such as;
- Claims Free (3 years of insurance claims free),
- Maturity (persons over 50 years old),
- Burglar & Fire Alarm (local and monitored),
- Multi-Line (carrying multiple locations with the same insurer) and
- Credit Check (soft).
Who is Fawcett Insurance?
Fawcett Insurance is a family-owned insurance brokerage in Deep Cove, North Vancouver, BC, serving the North Shore for more than 50 years. Located at 106 - 1169 Mt. Seymour Road, the office handles ICBC Autoplan, home, condo, tenant, rental property, business, motorcycle and boat insurance. As part of the InsureBC Group, Fawcett Insurance can quote across every major insurance company operating in British Columbia. Phone: 604-929-3494.
Where is Fawcett Insurance located?
Fawcett Insurance is located at 106 – 1169 Mt. Seymour Road, North Vancouver, BC V7H 2Y4, in the Deep Cove area of the North Shore. It is open Monday to Friday from 9:00am to 6:00pm and Saturday from 10:00am to 5:00pm, closed Sundays. Phone: 604-929-3494. Email: info@fawcettinsurance.com.
Is there an insurance broker in Deep Cove?
Yes. Fawcett Insurance has operated in Deep Cove for over 50 years and is the area's long-established local brokerage, at 106 – 1169 Mt. Seymour Road on the Mt. Seymour Parkway corridor. It serves Deep Cove, Dollarton, Seymour, Blueridge, Windsor Park, Lynn Valley and the wider North Vancouver area, along with clients across the Lower Mainland.
How much is home insurance in North Vancouver?
Home insurance premiums on the North Shore depend on the rebuild cost of the home, its age, roof and wiring, distance to a fire hall, claims history, and your coverage limits and deductible. North Vancouver properties are also rated for local exposures such as slope, wildfire interface near Seymour, and water and sewer backup. Because rates vary widely between insurers, a broker quote comparison is the only reliable way to get a real number. Fawcett Insurance provides free estimates at 604-929-3494.
What insurance do I need if I own a condo or townhouse in BC?
Strata owners need their own condo policy even though the strata corporation insures the building. The strata policy covers common property and the original standard unit; your personal policy covers your contents, upgrades and betterments, personal liability, additional living expenses, and — importantly — your share of the strata's deductible if a loss originates in your unit. Strata deductibles in BC can run into the tens of thousands, so deductible assessment coverage matters. Fawcett Insurance writes condo and townhouse policies throughout North Vancouver.
Do renters need tenant insurance in BC?
Tenant insurance is not required by provincial law, but most BC landlords and strata rental rules now require it in the tenancy agreement. A tenant policy covers your personal belongings, personal liability if you accidentally damage the building or injure someone, and living expenses if the unit becomes uninhabitable. It is typically one of the least expensive policies available. Fawcett Insurance quotes tenant insurance for renters in North Vancouver and Deep Cove.