What are some tips for reducing strata insurance premiums?

About us. Strata Insurance Group is an Independent Insurance Agency representing dozens of insurance carriers. Through these channels we can confidently satisfy ... Who should consider it? Strata insurance is compulsory in every state – so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... Jun 16, 2020 ... BC strata corporations have been facing substantial increases to their insurance rates and deductibles, with many seeing significant premium increases on ... Aug 8, 2013 ... What's covered by Strata Building Insurance? ; Fire/Arson; Vandalism; Glass Breakage; Storm/Tempest; Vehicular Impact; Burst Pipes ; Internal ... Does Strata Cover Building Insurance? Strata building insurance covers the building, common area contents, loss of rent/temporary accommodation, and public ... Jul 10, 2023 ... The strata insurance market continues to harden with insurance premiums subject to sustained increases. Even where there has been no claims ... 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 ... 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 ... For over a decade, FS Insurance Brokers has provided ongoing support to FirstService Residential Strata councils, residents, and managers in British Columbia. Your strata insurance should cover shared property such as the building's exterior, shared facilities, car park and public liability for the property.