Condo Smarts: Understanding ‘best pricing’ insurance terms (BC)

/ Owner - December 10, 2020

Q: Our 78-unit townhouse complex in the Interior renewed its policy in November with no claims for the last five years, and our deductible went to $100,000, and our policy has gone from $55,000 a year to $129,000.  In October, our broker told us that this was beyond their control with the hard market and the best pricing policies. So how does best pricing apply to strata corporation policies?     Read the Q&A……………………………………

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