What is the impact of renovations on strata insurance?

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 ... Basically, under GIO Strata Insurance, there are things that are considered your building* (like verandas), and common contents (such as shared laundry ... Your strata insurance coverage includes legal liability protection for the Owners Corporation. While this doesn't cover individual unit owner liability, it does ... Strata insurance covers the building, including internal structural elements of units, but the contents are an individual responsibility. Mar 21, 2022 ... Strata insurance is designed to cover all shared elements of a strata building or property. The following list outlines commonly accepted strata insurance ... Strata Insurance is general insurance that covers common property under the management of a strata title or body corporate entity. The premiums for Strata ... Strata Insurance Group LLC in Wichita, KS. Call Today: (316) 219-1650. Address: 7340 W 21st St N Ste 103 Wichita, KS 67205. Hutch's Residential Strata policy protects bodies corporate from Property and Liability claims. In an industry first, our innovative product offering includes ... Jul 30, 2021 ... The issue that we're all facing is the high deductibles for sewer/flood under the entire building's insurance that strata buys every year. Sep 3, 2024 ... The guidance helps Subscribers interpret how these principles apply to the provision of strata insurance products as well as clarifying ...