Petition updateStop the unfair and unprecedented increase to BC strata insurance premiumsAs insurance policies come up for renewal, reality hits
Asifa LaljiCanada
Feb 14, 2020

Check out the latest media coverage around the continuing challenges faced by strata owners and residents in BC.

New angles of this unmanageable premium increase continue to emerge - buildings unable to get any coverage, insurance companies unable to meet the insurance requirements, owners being priced out of the housing market and being forced to sell...

Signatures are coming in quicker now, so keep sharing so we can make a real impact. chng.it/cvKzQGVD

Condo owners face huge bills from massive strata insurance rate hikes
Strata property owners – and those who rent from them – are looking at unprecedented costs, while some strata buildings risk losing their insurance entirely
https://www.vancourier.com/real-estate/condo-owners-face-huge-bills-from-massive-strata-insurance-rate-hikes-1.24076654  

Editorial: Condo owners need help in dealing with insurance crisis
https://www.timescolonist.com/opinion/editorials/editorial-condo-owners-need-help-in-dealing-with-insurance-crisis-1.24076256 

Condo Smarts: Insurance Options should be considered
https://theprovince.com/life/homes/condos/condo-smarts-insurance-options-should-be-considered 

Condo buildings face insurance crisis as premium rates soar
https://www.timescolonist.com/news/local/condo-buildings-face-insurance-crisis-as-premium-rates-soar-1.24075271 

BC. insurance brokers call for legislative reforms to tackle skyrocketing strata rates
https://globalnews.ca/news/6524791/bc-strata-insurance-brokers-legislation

 

 

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