Strata / Condo

We have an uncommon level of expertise with all aspects of strata regulations, risk, and governance.


The Industry

Condos are a well-established home choice for many buyers, particularly those looking to get into the housing market or downsizing their footprint. These properties are run by strata boards comprised of volunteers from the complex and often (but not always) assisted by a property management firm. A complex web of rules and regulations that is constantly evolving governs the management of the structure, and the board must protect themselves and the building assets from legal issues that may arise. Understanding the coverages you need, the coverages you have, and how condo and strata insurance policies work is crucial to ensuring you get the best policy for you.

How We Help

Brownridge Insurance takes great pride in working with self-managed strata corporations and property management companies to ensure their assets are appropriately protected. We have educated ourselves with the insurance requirements presented in BC’s Strata Property Act and act as trusted advisors to strata councils, both large and small. In doing so, we will conduct site visits, present valuable information at strata council meetings, liaison with building inspectors and appraisers, and offer risk management advice to offset both physical hazards (like fire or water damage) and more intricate liabilities.

Coverage Considerations

  • Building & Common Property
  • Equipment Breakdown
  • Commercial General Liability
  • Directors & Officers Liability
  • Legal Expense Coverage

Target Risks:

  • Residential Strata Corporations
  • Commercial Strata Corporations
  • Mixed Use Stratas