A hot topic in the media as well as throughout the industry with our clients - Strata Insurance and the new developments of shocking hikes in rates of some complexes around Metro Vancouver.
As a strata property owner now is the time to contact your strata corportation to see how they are preparing for this with their insurance provider and also contact your own insurance company to get updated information on how you can prepare for the potential of this happening in your building.
Here is a great read about Strata/Condo Insurance *information provided by the Insurance Bureau of Canada.