Many of our insurance policies for our Condominium clients renew on April 1 this year. We have seen increases on insurance premiums across the board, however, we are happy to say that none of our Condominiums have seen increases that are not affordable nor have any Condominiums been declined coverage due to the area they are located in or the past loss history. Below are some information and tips regarding a Corporation’s insurance policy and the requirements of an individual Owner.
If you have any insurance-related questions, they can be directed to the appropriate Condominium Manager at CS Management Inc. Hoping everyone is staying safe and practicing social distancing, obeying the strict quarantine and isolation measures and also not hoarding of groceries and essential supplies. We hope everyone will make it through this pandemic healthy and unscathed.