Tag Archives for : Property

2020 Insurance Renewals -How the Changing Market is Affecting the Properties We Manage
The Current Market Over the past few months, you have likely heard about the rising costs of insurance premiums and deductibles in condominiums, stratas and rental properties across the country. We’ve put together the following information to help provide a better understanding of the situation as well as to provide guidance on how you can protect your investment. The current insurance business class for apartments, condos, and stratas is volatile as a result of poor performance issues in the past and recent natural disasters. Several insurers are shying away from insuring this class altogether. The remaining insurers willing to provide.
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