The president of another Lower Mainland strata council is speaking out after getting served with a sky-high hike to his building’s insurance. Mike Pauls lives in a year-old 26-storey building on Gladwin Road in Abbotsford — a structure so new, it doesn’t even show up in Google Street View. In 2019, the building paid a $66,000 premium to insurer BFL. Last month, the strata council got its bill for 2020: A whopping 780 per cent increase to a premium of $588,000. Read the article…………………………
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