How can a strata committee address these concerns effectively?

With InsureBC's Strata Water Deductible Insurance, you can rest assured that you will be protected from the financial burden of high deductibles. Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... This coverage offers financial protection if you're required to pay a portion of a Strata Corporation deductible when an insurance claim is filed. Strata ... Strata Insurance Final Report. Read BCFSA's report into B.C.'s unhealthy strata insurance market. · Consumer Alerts. Alerts are published by the BC Financial ... Find out what insurance a body corporate must take out if it is registered under a building format plan. Feb 7, 2024 ... As of this year, there are no major changes to SPA. It still tells us that comprehensive property insurance is mandatory for all strata properties except bare ... AAMI Strata Insurance offers cover for strata titled buildings with common property(such as apartments and townhouses) for incidents such as break-ins and ... Sep 3, 2024 ... The guidance helps Subscribers interpret how these principles apply to the provision of strata insurance products as well as clarifying ... Insurance for residential strata buildings and common areas and contents from theft, storm, water damage and fire as well as legal liability. Strata insurance in NSW is designed to protect the owners corporation of a strata title property. Strata building insurance covers common or shared property ...