Condo Insurance Rates

• ‘Out of the blue’: Saskatchewan condo owners react to nationwide insurance surge

  In Saskatchewan, condo insurance has gone up anywhere between 15 and 200 per cent, according to a Regina insurance broker.

  Canada

  Jun 19, 2020
  
• Condo insurance crisis leads to online petition by New Westminster, B.C., woman

  The premium for the building where the woman lives with a muscle disorder climbed 300 per cent from $69,000 to $259,000 upon renewal this year.

  Feb 21, 2020
  
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• BC. insurance brokers call for legislative reforms to tackle skyrocketing strata rates

  In a statement Friday, the IBABC proposes two reforms to the province's Strata Property Act, including a $50,000 cap on upper loss assessments.

  Feb 9, 2020
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• B.C. condo owners brace for sticker shock as insurance rates surge by up to 300%

  "Anyone now purchasing into a condo and into any strata corporation in B.C., one of the documents you want to request is a copy of the insurance policy."

  Nov 30, 2019
• Alberta government has ‘not talked about a cap’ on soaring condo insurance rates

  The government has heard about Alberta condo owners facing big increases on their insurance rates, but a cap was not part of a recent review of condo legislation.

  Money

  Nov 27, 2019