Positive Change to Strata Insurance in BC

By |2021-01-15T11:11:33-08:00January 15th, 2021|News, Strata Management|

An unhealthy strata insurance market is hopefully coming to an end in 2021 with BC insurers agreeing to put an end to ‘best terms pricing’.  With ‘best terms pricing’, strata corporations had to pay the highest rate quoted for insurance premiums, even if there were lower rates quoted from different insurers. The reason for this