In the event of a major insurable event, what are the key steps a strata committee needs to take?

Jul 10, 2023 ... The strata insurance market continues to harden with insurance premiums subject to sustained increases. Even where there has been no claims ... May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. With insurance rates for condos and townhouses climbing 50 to 300 percent – and in one case nearly 800 percent – condo and townhouse owners in BC are worried. Strata Insurance covers residential buildings within a complex and common areas such as garages, sealed driveways, and swimming pools. Bonus ThankYou® Points are not available if you received a new account bonus for a Citi Premier® or Citi Strata ... Coverage (car rental insurance). 2. Points ... i The growing construction costs have led to an increase in the insured values of B.C. strata buildings (i.e., the replacement and repair costs that insurers ... 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 ... Sep 3, 2024 ... The guidance helps Subscribers interpret how these principles apply to the provision of strata insurance products as well as clarifying ... Strata insurance usually includes cover for common areas such as gardens, lifts, walls, windows, pools, ceiling, floors and some liability cover for injury to ... Jul 5, 2023 ... ... insurance coverage. Trowbridge strata review. John Trowbridge released the final report in his independent review of strata insurance in May.