Feeling the Lows of High Deductibles Many condos are likely experiencing the insurance blues—and not just in B.C. A recent report from rate comparison site, LowestRates.ca, found condo insurance prices in Ontario were 8 per cent higher at the end of 2020 than the previous year. As a result, higher deductibles are the new norm. Tom Gallinger, vice-president of Atrens-Counsel Insurance Brokers, answers: "How are higher insurance deductibles affecting condo corporations?
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