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Compare and purchase the best
condo insurance rates in New Brunswick.

Get free & accurate quotes from Canada’s top condo insurance providers.
In just a few minutes, our quoter can unlock discounts that can have
you saving hundreds of dollars a year on average.
Get free & accurate quotes from Canada’s top condo insurance providers. In just a few minutes, our quoter can unlock discounts that can have you saving hundreds of dollars a year on average.
Types of coverage we provide
Claims Forgiveness
Claims Forgiveness
This allows for the protection of your “claims free discount” in the event of your first claim.
Deductible
Deductible
A predetermined amount of money that you must pay towards the cost of the claim. Home insurance has different deductibles for different coverage.
Replacement Cost
Replacement Cost
Actual cash value policies are based on the items' depreciated value while replacement cost coverage does not account for depreciation
Comprehensive Insurance Coverage
Comprehensive Insurance Coverage
When you purchase comprehensive home coverage, it means you are covered for anything that is not excluded.
Liability Coverage
Liability Coverage

Provides protection against a lawsuit resulting from damaged property or personal injuries.

Scheduled Items
Scheduled Items

Referring to 'special limits' on items like jewellery or art if the value is greater than the special limit you should list the item separately.

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Our Reviews

New Brunswick condo insurance rates vs. other provinces

New Brunswick is among the more affordable provinces for purchasing a condo. However, when it comes to insurance, rates tend to be higher. Being located on the East Coast, the region experiences active weather, making it crucial to have the right coverage. Start a free quote with us today to ensure you're protected at the best price!

Province

Average Rates

British Columbia

$840

Ontario

$534

Alberta

$493

Manitoba

$404

Saskatchewan

$491

Nova Scotia

$501

New Brunswick

$405

Prince Edward Island

$484

See how our customers save big on condo insurance

At Surex, we’re dedicated to helping you find the right insurance for the best price. We do all the heavy lifting for you, so you can be sure you’re getting the lowest possible rate. Check out how we’ve helped these New Brunswick homeowners save on condo insurance.

Customer

City

Type

Average rate

Lowest Rate

Savings

Condo Insurance in New Brunswick - What You Need to Know

No, condo, home, or tenant insurance is not mandatory in Canada, although the condo association, or the owner of the condo, may require you to have to move in. You also need insurance to secure a mortgage to purchase a home or condo. So, even though it is not legally required to have, there are other outlets that may require the homeowner to purchase it.

If you own a condo or rent a house or apartment, some landlords may require tenants to have tenant insurance before moving in and condo corporations and lenders may require condo unit owners to show proof of insurance before moving in as well.

On average, condo owners can expect to pay between $30 to $50 per month – or $400 to $600 per year – for a condo insurance policy. But remember, the rate you'll be paying depends on many factors such as location, property type, and building construction (to name a few). To get an accurate quote, go online for a free quote today!
 

Condo building insurance is different. This is purchased by the condo corporation to cover damage to the building and the common areas and liability on the property. This is usually included in the monthly condo maintenance fees.

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How It works

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Why Surex?
Why Surex?

Surex makes it easy to compare, purchase, and save up to 25% on your insurance needs. We shop the market for you, finding the best rate for the coverage you need.

Advisors
Advisors

We’ll match you with a dedicated insurance advisor who can walk you through your options, answer your questions, and help you find the right coverage at the best price.

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