Are there different insurance requirements for commercial lots?

Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. The Strata Insurance is a multi class insurance policy specifically designed to insure jointly owned properties by multiple stakeholders such as Unit owners, ... Jan 23, 2025 ... There are many specific requirements for insurance in strata schemes but as a general rule all insurances are taken out by the body corporate. A strata corporation's insurance may cover insured losses to the condo building and common property, but it does not cover your personal liability, contents, or ... Why pick Strata for your insurance needs? Save time and money. Nobody loves getting insurance. But we make it easy and hassle-free by shopping around to find ... Who should consider it? Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... Strata Insurance is general insurance that covers common property under the management of a strata title or body corporate entity. The premiums for Strata ... World class insurance software. Powering profitable growth for insurance retailers and modern digital journeys for consumers, CDL Strata is the retail platform ... Many customized plans can bridge coverage gaps and provide specific benefits to supplement other major medical or health insurance coverage. LEARN MORE ...