Manage episode 251959297 series 1366275
Your strata insurance probably just went up 50 to 300% and now a simple toilet leak could potentially bankrupt you. What happened? Reliance Insurance Specialist Douglas Chan sits down with Adam & Matt to detail the rapidly changing strata insurance market and the prognosis is not good. This will cost you money: in strata fees, in potential special levies, and in your personal insurance policy. What does this mean for the condo market? Are condos still a good investment or has Vancouver just become risky business? This episode will definitely shake your nerves and rattle your brains!