Over 1.5 million British Columbians live in strata properties. While strata shared ownership gives people convenience it can also bring complications.
This guide, along with assistance from their insurance broker, helps answer owners’ questions about strata insurance and make wise insurance decisions.
strata living
You may not think that your neighbours are your business partners but they are. What are you each responsible for?
building policy
Together you will need to make sure that all common property and common assets are properly covered.
unit policy
This is each owner’s personal responsibility to ensure that their assets are protected.
big risks
Earthquake, water damage, fire – each major peril has its own protection challenges. Here’s an overview.
increasing rates
A brief history of why rates are increasing and the factors that have caused those changes.
making a claim
Understanding the claims process can greatly help your insurance broker help you get back to normal as quickly as possible.