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Is Strata Insurance Vancouver’s Next Leaky Condo Crisis? With Douglas Chan

Your Vancouver strata insurance deductible and premium 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 BC 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 condo insurance policy. What does this mean for the Vancouver real estate 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!

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