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Updated almost 7 years ago,
Legal Basement Suite & Main Floor Suite
I’m having an issue getting my 2 units insured. Is this classified as commercial? Multi family? What’s a reasonable rate for insurance?
The insurance brokers that I have talked to sound confused and don’t know how to insure this. I have either been quoted $500/month or straight up refused.
Any insurer recommendations for this (Edmonton, AB, Canada)?
Any tips or info to better educate me? This is my first suite and I legalized it to get proper insurance coverage, now I feel hooped!
Thanks!!