3 Tips to Consider for Your Condo Insurance Policy

By |2022-05-15T09:17:09-07:00May 15th, 2022|News, Strata Management|

Rising insurance premiums and deductibles have been top of mind for many Strata Corporations and condo owners across BC. According to the B.C. Financial Services Authority (BCFSA), the recent hikes in insurance premiums are due to lack of capacity (ex. reduced supply, fewer insurers, and increased demand – more properties), severe weather, increasing property values,