Insurance Referral Fee
Over the past years the strata insurance market has been challenging. On Friday, September 4, 2020, the BC Provincial Government has...
Strata Insurance Brokers
Most strata insurance brokers can do the building values below $20,000,000. There are 3 major strata insurance brokers and they can do...
Tips on Strata Insurance Claims
In any insurance relationship, claims are the real ‘moments of truth.’ Strata claims can be complex and experience counts. Who can make a...
Can a strata corporation force owners to purchase homeowner insurance
Some stratas require owners to purchase homeowner insurance and to provide a copy of the policy to the strata council each year. They...
What are the issues impacting strata insurance?
BC strata corporations are facing uncertain and challenging times. COVID-19 has had a devastating financial impact and business owners...
Something you must know about Strata Rental Bylaw
How to address the issue of rental restriction: To be considered at the AGM, there are two paths or options as follows: Request that...
Is a chargeback collectible?
To chargeback expenses, the strata corporation must have a bylaw that permits it to charge them back. The standard only requires that the...
Auto Door Openers in a Strata and Human Rights
Yes, this might be a human right issue. Once a complaint is received, a strata corporation may have no option, but to satisfy such needs....
Indemnity Agreement
Indemnity Agreements (Assumption of Responsibility Agreement) make owners responsible for repair and maintenance of what would otherwise...
Can a strata lot owner claim the strata insurance coverage
Yes, they can do so without anybody, including a strata council's, approval. According to Section 158 of the Act, the deductible is a...