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Are you adequately insured on your Strata Home?

Blog by Diane Cardoso | January 23rd, 2012

The insurance coverage that you pay in your monthly maintenance fees does not completely protect you.  It is highly recommended by Insurance Brokers that you consider purchasing the following 5 additional insurance coverage’s on your Strata Home.  1) Make sure all of your personal property is insured, including items in storage lockers,  2) Additional living expenses just in case there is a fire or water damage and you may have to move out during repairs, 3) Upgrades such as new kitchens, bathrooms, floors etc are not covered under the building strata policy, 4) Strata Deductible protection will save you having to pay the Strata Corporation deductible should your strata home be the initiator of any damage, 5) Personal liability coverage against property damage or bodily injury.   Make sure that you are adequately protected, give your insurance agent a call today!