HSC Insurance program participants have the option of adding extra coverages to their policy. Additional coverages include:

  • Common Room Insurance for events
  • Building Valuation Services
  • Cyber insurance 
  • Abuse coverage
  •  Excess limits for Property, Liability, and Directors & Officers Liability
  •  Property Managers’ Errors and Omissions
  •  Tenant Support and/or Assisted Care Services Errors and Omissions
  •  Storage Tank Third Party Liability and Clean-up
  •  Accident coverage for Board Members and Volunteers
  •  Automobile coverage
  • Well Water coverage

Common Room Insurance for Events

Renting out your common rooms to tenants or community groups for one-time events like parties or meetings  is a great way to bolster community spirit in your buildings, but it can put your organization (or the event hosts) at risk if anything goes wrong. You may be liable for injuries, damage, or deaths that could occur as a result of events in your common room. This can result in increased insurance premiums for your organization and legal costs.

Common Room Insurance offered by HSC and Marsh Canada helps you protect yourself from liability during one off special events and ensures that party hosts are protected as well.

Available exclusively to members of HSC Group Insurance Program, housing providers can require Common Room Insurance when you rent out your common rooms.

Benefits:

  • Tenants or non-tenants hosting events are insured against lawsuits arising from the event
  • Housing providers are automatically added as an additional insured. This means that even if a lawsuit is filed, your building insurance coverage and record won’t be affected
  • All events get $5M in coverage at a $500 deductible, rates are then tailored to the size, duration and type of event so hosts only pay for the risk coverage they need…as little as $1.08

Our Common Room Insurance covers events on your property that are both indoors and out. Examples include:

  • Common room events serving alcohol or not
  • Bingo, bridge or movie nights
  • Family celebrations or receptions
  • Community dinners, craft shows or bazaars
  • Meetings, workshops or classes (no alcohol served)
  • Outdoor barbeques and picnics (no alcohol served)
  • Religious services and ceremonies

Some exclusions and conditions apply. A longer list of eligible events is available by calling Marsh.

For more information on this program, housing provider administrators can call or email their Marsh licenced insurance broker at 1 888 755 5247 or events.service@marsh.com

Building Valuation Services

Housing Services Corporation (HSC) and Marsh Risk Consulting (MRC) offers an affordable, property valuation service that delivers a trustworthy estimate of your insurance replacement costs.

At a cost of $500 plus tax per building, this service is:

  • Affordable, costing approximately a quarter of the cost of some property valuations
  • Convenient, with no visits to host or schedule. MRC experts are also available to help you complete forms
  • Trusted by insurers, true valuations are completed by valuation professionals and use methodologies approved by underwriters

Additional Optional Coverages

  • Abuse coverage
  •  Excess limits for Property, Liability, and Directors & Officers Liability
  •  Property Managers’ Errors and Omissions
  •  Tenant Support and/or Assisted Care Services Errors and Omissions
  •  Storage Tank Third Party Liability and Clean-up
  •  Accident coverage for Board Members and Volunteers
  •  Automobile coverage
  • Well Water coverage
  • Cyber insurance

For more information on the above options and how to apply, contact Marsh Canada at: 

E: hscorp.service@marsh.com
T: 416.349.6697/1.888.768.9887
Fax 416.349.4551/1.888.336.6629