March 2020

There are 1 blog entries for March 2020.

Does  your building have proper insurance?Did you check with the strata company that manages your building.You have to make sure you are covered in today's insurance policy rules that have  taken real estate world by surprise in the first quarter of this year.

Many strata owners are facing significant increases in insurance rates and deductibles this year. There are also multiple older buildings across the province struggling to find an insurer to renew their policy.You might be asking why is this happening ,why now.

Several factors have led to high strata insurance costs, including a building’s size and construction materials used, claims history, where a building is located, the number of unoccupied units or tenants, the high value of real estate,

536 Views, 0 Comments.