B.C. condo insurance crisis continues in 2021, but faint signs of hope for unit owners

Author: External Author | | Categories: Home Purchases , Mortgage Broker , Mortgage Renewal , Mortgage Services

There are early signs the condo insurance crisis may be easing in 2021, but it is far from stopping: Multi-unit developments are entering a second year of high insurance premiums and deductibles, creating financial hardship for many homeowners and major headaches for strata councils.

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Original Article Source Credits: Vancouver Sun, https://vancouversun.com/

Article Written By: Lori Culbert, Dan Fumano

Original Article Posted on: 4th March 2021

Link to Original Article: https://vancouversun.com/business/real-estate/condo-insurance-crisis-continues-in-2021-but-faint-signs-of-hope-for-unit-owners

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