Insurance Deductible

What is the deductible?

Most insurance policies have a deductible amount which the policy holder is responsible to pay. It is a form of co-insurance built into your policy whereby the insured agrees to cover the initial portion of their claim.

When do I have to pay the deductible?

The deductible payment is required before any repair work can be scheduled.

Who do I pay the deductible to?

The deductible is paid directly to Total Exteriors. Our billing to your insurance company is reduced by this amount.

Do I have to pay GST on my claim?

You are responsible for the GST on your claim if you are “GST registered.” In other words, if the property is insured under a company name and the company is GST registered with the Canada Revenue Agency.

Insurance Deductible for Alberta Condo Owners

On January 1, 2020 there was a significant change made under Section 62.4 of the Condominium Property Regulations. Please see the attached notice:

Condo Owners Insurance Notice   PDF-icon