Addressing Increases to Condominium Insurance

Whereas stratified condominium home ownership is a growing form of tenure in communities across the province and insurance rates have been increasing; And whereas over the past year condominium stratas have experienced substantial increases to insurance premiums or found it difficult to secure an insurer for their buildings: Therefore be it resolved that UBCM call upon the Province to take action to address the skyrocketing costs for condo insurance.