News

Important Information About

Condominium Insurance for Condo Owners

 

Effective January 1, 2020, Condominium Corporations will be able to seek recovery of the deductible portion of the Corporation’s insurance claim (up to a maximum of $50,000) from an Owner for damages that originate from the Owner’s unit or privacy area.

 

For more details and information CLICK HERE to view the CCI INSURANCE POSTER and feel free to share and post in your condominium. This is information that every condo owner should know about!

 

At a recent CCI educational event, Todd Shipley, of Reynolds Mirth Richards & Farmer LLP, spelled out the changes in deductibles and how owners will be affected, CLICK HERE to view this short video.

 


Want to learn more about the upcoming changes coming into force on Jan. 1/20?

Our Chapter will continue to take the lead in educating the condominium community with the Insurance Update session on March 3rd, and before that we have two Legislative Update Sessions, and the All Day Session for Condo Managers. Click on the dates below to register or for more information –

Tuesday, March 3rd, 2020 – Insurance Update Session

Tuesday, January 14, 2020 – SOLD OUT!

Wednesday, February 12, 2020 i- SOLD OUT!

Thursday, January 30, 2020 the Condo Manager Day Session – SOLD OUT!