Quote:
Originally Posted by Mininari
Are you experiencing any nightmare projects right now due to skyrocketing rates with plumbers / electricians / insurance?
Are you on a strata council?
|
I am on council in a newer concrete building. Insurance is absolutely killing us. We've had a minor flood that was a problem a few years back but this seems to be totally independent of that. Premiums are extremely high, as are the deductibles, which is a double whammy on homeowners paying their own policies.
I remember a year or two this was raised in the media and the Provincial government was going to "look into it", but it has been crickets since then.