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Updated over 4 years ago,

Chris Baxter's profile image
Chris Baxter's profile image
Chris Baxter
  • Rental Property Investor
  • from Port Coquitlam, BC
  • Member since Jan 3, 2017
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520
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Chris Baxter's profile image
Chris Baxter's profile image
Chris Baxter
  • Rental Property Investor
  • from Port Coquitlam, BC
  • Member since Jan 3, 2017
Connect
Chris Baxter
  • Rental Property Investor
  • Port Coquitlam, BC
527
Votes |
520
Posts
Canadian Real Estate

Insurance premiums: huge increase for multi-familiy in NB

Chris Baxter
  • Rental Property Investor
  • Port Coquitlam, BC
Posted

I just received a renewal notice for insurance on one of our properties, a 22 unit MF in New Brunswick.  The premium for the building portion of the policy has gone up by 50% over last year without increasing the valuation of the building.  Is anyone else seeing this? Any recommendations on brokers that handle MF in Atlantic Canada? 

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